Self-discipline is the touchstone of trading.
I have a very regular daily routine. I get up at 7:30 AM sharp, wash up, eat breakfast, browse information and reply to messages, check my positions, and set orders. Then I leave the computer, feed the cat, clean the litter box, and take the dog for a walk. In the afternoon, I also take a 2-hour nap to make up for sleep. Watching the market is just an occasional interest; reckless trading has not existed for me since I started 8 years ago because after I place my last order at midnight, I turn off my phone and go to sleep, and it’s fine as long as the opening and stop-loss orders are executed when triggered.
I don’t need to make decisions all the time.
On weekends, I drive alone to the suburbs to enjoy the peace of being by myself, have a nice meal, and spend the weekend with family and friends.
I play ball, ride, and work out for at least 10 hours a week.
Reasonable self-discipline is a responsibility towards one’s mind and body, just like trading, where the ultimate goal is to accept all situations that occur under control.
Without self-discipline, there is no positive feedback.