Success is a few simple disciplines, practiced every day; while failure is simply a few errors in judgment, repeated every day. —Jim Rohn

What is a trader's practice?

For the active trader, it's studying the previous day's trading, replaying markets, identifying best and worst trades, and cementing lessons learned.

It's also seeing how the coming day is setting up across markets and in pre-market trade, developing what-if scenarios for trade ideas, and rehearsing the day's goals.

By the end of the week, the prepared trader has five days of experience. The trader who is not practicing has one day of experience repeated five times.
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