The Role Of Discipline vs Strategy:

[Fara Chan]

Strategy and discipline in trading are inseparable because they are interconnected and failing to implement either will confuse your trading and potentially lead to continuous losses. Just as theory without practice is ineffective so too is strategy without discipline. Furthermore discipline without strategy can lead to directionless trading thus preventing you from achieving your goals.

If discipline in trading is not part of your strategy, then you need to clarify what discipline you are referring to. Trading strategies can vary greatly from trader to trader, but discipline is likely to be nearly the same for every trader. Therefore, I would like to know what discipline in trading is, whether it's the discipline of buying without selling or the discipline of selling after buying in the market. In my opinion, discipline is inherently part of strategy, making it difficult to separate it, as a complete strategy is when discipline is embedded within it.

[Mandoy]

Strategy and discipline in trading are inseparable because they are interconnected and failing to implement either will confuse your trading and potentially lead to continuous losses. Just as theory without practice is ineffective so too is strategy without discipline. Furthermore discipline without strategy can lead to directionless trading thus preventing you from achieving your goals.

If discipline in trading is not part of your strategy, then you need to clarify what discipline you are referring to. Trading strategies can vary greatly from trader to trader, but discipline is likely to be nearly the same for every trader. Therefore, I would like to know what discipline in trading is, whether it's the discipline of buying without selling or the discipline of selling after buying in the market. In my opinion, discipline is inherently part of strategy, making it difficult to separate it, as a complete strategy is when discipline is embedded within it.

I concur with the opinion that there can be no possible separation of discipline and strategy in the trading. The strategy is what to do and discipline is whether to do it or not when under pressure. In the absence of discipline, the most optimal strategy will be useless since the rules will be prevailed by emotions such as fear and greed. Meanwhile, discipline without a proper plan results in uncoordinated measures that only seem to be in control but without direction. It is not about blindly purchasing or selling but about following the set of rules repeatedly e.g. entries, exits, risk, and position sizing. This is the reason why a full trading system needs to incorporate discipline in the strategy. Trading decisions made jointly are more objective and long term.

[Zigabel]

Strategy and discipline in trading are inseparable because they are interconnected and failing to implement either will confuse your trading and potentially lead to continuous losses. Just as theory without practice is ineffective so too is strategy without discipline. Furthermore discipline without strategy can lead to directionless trading thus preventing you from achieving your goals.

If discipline in trading is not part of your strategy, then you need to clarify what discipline you are referring to. Trading strategies can vary greatly from trader to trader, but discipline is likely to be nearly the same for every trader. Therefore, I would like to know what discipline in trading is, whether it's the discipline of buying without selling or the discipline of selling after buying in the market. In my opinion, discipline is inherently part of strategy, making it difficult to separate it, as a complete strategy is when discipline is embedded within it.

The position of discipline in every strategy is such that cannot be overly emphasized, you trading a strategy without discipline is like try to drive without gas, it is the discipline that makes the strategy valid, i mean except for  a random trader or one who is gambling on a trading planform, there's is actually no way you will trade a strategy right without applying some sort of disciple, infact the discipline comes first and compels you to follow up with the supposed strategy you are saying you have, if you are not discipline, you cannot use a strategy, you will just be taking trades at random and depending on luck, so sticking or even using a strategy in the first place is a form of discipline then applying such strategy in a way that it is followed as proposed is another form of discipline so it comes in different forms while trading.

[Jatiluhung]

If discipline in trading is not part of your strategy, then you need to clarify what discipline you are referring to. Trading strategies can vary greatly from trader to trader, but discipline is likely to be nearly the same for every trader. Therefore, I would like to know what discipline in trading is, whether it's the discipline of buying without selling or the discipline of selling after buying in the market. In my opinion, discipline is inherently part of strategy, making it difficult to separate it, as a complete strategy is when discipline is embedded within it.

Each trader's trading strategy varies greatly. Similarly, the way they trade varies, with some using fast trading strategies such as scalping and others trading in a more relaxed time frame such as swing trading. And in the use of indicators, each trader has their own favorites. My friends who also trade have different strategies for analyzing the market. One of my friends who trades in the futures market uses funding rates and other indicators. For example, observing whether the funding rate is positive or negative can be an indicator of market sentiment in the futures market to see bullish or bearish trends.

In my opinion, discipline plays a role in applying all the analysis results to the trading plan, and discipline makes a trader adhere to the risk management that they have set from the beginning. This includes adhering to the take-profit and stop-loss targets that have been set. Not getting caught up in the hype and falling into FOMO, nor becoming too greedy and moving the take-profit target to a higher price in hopes of greater profits. Therefore, discipline should be an integral part of executing the trading strategy accurately and in line with the initial plan.

[BigBos]

Strategy and discipline are inseparable, they depend on ourselves. This means that we can create strategies and if we can't then we can learn them, as well as discipline...

Discipline and strategy are mutually important, as strategy determines what you need to trade and at what levels to open and close an order, and discipline is a trader's ability to follow his own strategy flawlessly.

Strategy and discipline in trading are inseparable because they are interconnected and failing to implement either will confuse your trading and potentially lead to continuous losses. Just as theory without practice is ineffective so too is strategy without discipline. Furthermore discipline without strategy can lead to directionless trading thus preventing you from achieving your goals.

Therefore in trading the two must go hand in hand. Applying discipline in trading makes it easier to execute your strategy and achieve consistent profits. Therefore to become a successful trader you must be able to combine the two.

That's the point, they are so interconnected that when we don't do either of the 2 things, then there is a high probability that what we are doing will be a failure, and in this case a trading failure.

I will give an example, when we have a good strategy but we are not disciplined then it will fall apart. And discipline includes everything, be it about financial management, risk and so on. Sometimes we always fail in doing something not because we don't have the ability, but we don't have the discipline.