The Forex Diary 9-24-09

It’s 1:24 a.m. My trading day has begun. Today, as a part of my commitment to learning to become a professional trader, I bought the book, “The Ultimate Day Trader” by Jacob Bernstein. I’ve read chapters 1 & 2 already. Bernstein shared a few of his trading rules. One in particular hit me like a sledgehammer. “If you lack the discipline to change such negative habits as excessive drinking, overeating, and smoking, then you will probably lack the discipline required for successful trading.” After reading his words, I immediately put his book down and thought about all the negative habits I have in my life. Would I be willing to let them go at this very minute to become a successful trader? The answer is yes. Starting about an hour ago, I committed to implementing his rules and doing away with some of my bad habits immediately.