Captain Bill talks about discipline

Posted in Comments from traders on Aug 18, 2008

As traders, we all know that good discipline is essential to successful trading.  What, exactly, does that mean?  You could say it is the ability to implement and faithfully following a trading plan.  This has proven to be

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    I have been involved in futures trading for the past 35 years. I was a floor trader at the KCBT for 10 years and, then, moved to Chicago where from 1993 to 2000, I was President of Rand Financial Services, Inc. After Rand, I co-owned a proprietary trading firm with offices in Chicago and Vienna Austria that specialized in trading Eurex Bund, Bobl and DAX. While in the proprietary trading business I oversaw the trading and helped coach dozens of electronic futures traders. Since 2005, I have been a partner in the Photon Trading Room where I serve as manager and trading coach. I help our traders from the Trading Room at 209 West Jackson in Chicago and around the world in our Electronic Trader Mentoring Program to be as consistently successful as they are able.


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