What variable separate a profitable to non profitable trader

-routine
-rules
-systems
-execution
-patience
-discipline

Keep reading and you will understand the fine line between someone who consistently makes money versus someone who doesn't

Routine

Lay out a structured plan you follow every day. Not just a trading plan. Your day to day routine is important. Personal preparation is your first safe guard before you even think about trading. If your mental state isn't optimal. Your trading plan is irrelevant. You will find a way to f*ck up your trading plan if you're not in the right headspace

Rules

Guard rails to protect you from yourself. Whether this be suboptimal trading hours where you take a beating. Maximum size per trade. Daily lock out limits via drawdown. Not trading against the trend. Regressing trades when on a losing streak. This is your survival and quality filter

Systems

Without systems its purely guesswork. It's impossible to form consistency over a large sample size without doing the same things over and over again. Minimising the number of system you have allows you to concentrate on the nuances that most traders miss. Style drift causes more damage than you think

Execution

Ideas are fine, calls are nice, but the plan and the result are more often than not completely different things. Whether its from hesitating your entry. Incorrectly managing your trade in the middle. Exiting out of fear. All of which can be measured by tracking your habits. Reverse engineer to find out why you are making certain decisions. Is sizing too large dictating your poor choices? Is it a lack of process so you sh*t yourself when the trade starts moving against you? Get this figured out and it will put you ahead of the majority

Patience

There are thousands of different assets to trade. It makes zero sense to chase anything and let the market force your participation. Sit back and wait for the market to align with your conditions. You are one forced setup away from spiralling

Discipline

Most people get intimidated by this word and tell themselves they just aren't a very disciplined person. Do you brush your teeth in the morning? Do you shower every day? Do you eat at the same times each day? Do you go to the gym each morning? Your life follows a framework every day. Those habits transition into trading

Whilst social media tells you theres a special bot you must use. This indicator is killer. You should copy trade me. The reality is that most edge lies in the variables above

You have the underlying qualities already. Use them