Originally Posted by
tenkofx
I believe that the same formula in life applies to everything, including trading. Your habits developed over time as well as your ego and whether or not you can keep it under control play a major role in determining your quality of life. They also play a major role in determining your success or lack thereof with trading.
Healthy habits such as eating correctly, regular exercise, and making sound financial decisions certainly help in achieving a happy, healthy life. If you develop unhealthy habits, life can turn into a bumpy ride. It takes discipline to develop healthy habits in life as well as in trading. Undisciplined trading habits will only lead to the pain and suffering of mounting losses.