Hi from Kiki,
I am posting the next guest blogger tonight for EL as he is still training. Thanks again, Alan.
Anyone who’s been around trading for a while knows there are two critical aspects of trading success: (1) A methodology with a consistent statistical edge; and (2) The discipline to flawlessly execute the methodology.
Sounds simple, but like everything else in life, the devil’s in the details. That’s what the EL training is about – the details. We’ve only completed three days of a months-long process, but already we’re digging deep into both the mechanics of creating a tradable system, and the psychological mindset required to execute a trading plan.
I’ve been working on my trading plan every day, and each time I review it I see it’s lacking in – you guessed it – DETAILS. It’s the small stuff that reveals the big picture. Sometimes we get lazy and think that if we can grasp the big stuff, the small stuff will follow. What we’re doing in the EL training is the other way around. It’s like that old Chinese proverb: “A thousand details add up to one impression.” Or as EL might say, “A thousand details add up to one picture” – a picture of what a good trade looks like.
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