We humans like to think of ourselves as self-governing, free-willed beings, set apart from other animals by our capacity to choose and to reason. Yet watch people (or even yourself) closely and you will find that we are more instinctual and a lot more like other animals than we care to think.
Following your trading plan should be your number one priority.
Okay, we all know that. But why –why is it so important to follow your plan?
I will make this post short but, hopefully, it’s insightful.
Picture a guy walking a tightrope over the Grand Canyons.
Most struggling traders focus too much on the results they want to achieve in the markets, not the processes that lead to their desired results. But, if you were to ask them, they would probably assert that they do focus on the process.
