Subscribe to Our Free Newsletter
 


HOME
LOGIN
SUBSCRIBE

Strategy Information

Subscriber's Q & A
Pro Timer Strategy
Conservative Strategies
SmallCap Fund Timer
Bond Fund Timer
Gold Fund Timer
Sector Fund Timer
U.S. Dollar Fund Timer
ETF & Stock Timer
Stock Market Timing
Testimonials

Subscriber Reports
WEEKLY COMMENTS
Editor 's Report
ACTIVE STRATEGIES
Sector Fund Timer
SmallCap Timer
Gold Timer
CONSERVATIVE
Conserv. S&P Timer
International Fund Timer
Conserv. REIT Timer
Diversified Timing Port.
AGGRESSIVE
S&P OTC Pro Timer
ETF Timer
Bond Timer
U.S. Dollar Fund Timer
Stock Timer

About Us
Subscriber Support
Email Policy
Terms of Use
Privacy Policy
Prior Commentaries
Trading Notes
Editor's Blog
Site Map

Subscriptions
Free Two Week Trial
Free Timing Newsletter
Financial Links
Add Your Link

 


  •
      Weekly Report from the FibTimer Stock Market Timing Services


Maintaining Discipline

Profitable market timers are disciplined.

They control their impulses and feelings, and this allows them to execute a timing strategy by never failing to make every buy and sell signal the strategy produces.

The disciplined market timer is decisive. Many buy and sell signals are made during times of market volatility and often contradict the majority opinion. Going against the prevailing sentiment is tough, but critical to success.

The undisciplined market timer, in contrast, wavers. He or she may stick with a timing strategy occasionally, while going a different way at other times.

Discipline is indeed a key ingredient to success, but not everyone has a high level of self discipline. It is worth recognizing where you stand on this trait, and if you lack discipline and self control, work to build it up.

Well Studied Personality Traits

Discipline and self control are well studied personality traits.

Some people are highly disciplined and very self controlled. They scrupulously follow rules, and are careful to control their impulses.

You know the type; they pay off their credit cards every month, are never late for an appointment, and carefully plan every detail of their lives.

Although these characteristics may be ideal for trading, there's a downside:

"...Do you have trouble sticking to a timing strategy? Do you hesitate when faced with a buy or sell signal and look for reasons to justify "not" taking the trade?"
Such people tend to have trouble taking risks. They prefer a sure thing, and no "single" buy or sell signal is rarely a sure thing.

Market timers have recognized the even larger risks in a "buy and hold" approach to investing, and have decided to take a more active approach to growing their savings.

They may not recklessly seek out risk, but they accept some risk as necessary.

How Is Your Discipline And Self Control?

However, market timers may not have the same degree of discipline and control as the rule followers described above. Perhaps that's why so many articles are written preaching the virtues of discipline and self control.


               FibTimer FREE MONTHS Offer!

        Current Results -  4/6
All results realtime trading 
Online since 1996
   S&P 500
   Smallcaps
   International
   S&P prior 3 yrs

+ 87.7 %
+ 58.4 %
+ 27.8 %
+ 130.5 %

     Our S&P Conservative      Strategy is Ranked #1
        on TimerTrac.com

Sleepless nights as your investments are consumed by a volatile Wall Street? Consider Fibtimer's trend trading services. Our trading plans are unemotional and are always invested with the trend, which ever way it is headed.

FibTimer's timing strategies MAKE MONEY
in BOTH advancing & declining markets. No more sleepless nights. No more upset stomachs.

We profit year after year after year. In fact, we have been timing the markets successfully for over 25 years.


Join us and start winning!

We are currently offering 2 or 3 FREE BONUS months to new subscribers.

Special Offer - CLICK HERE NOW




How is your discipline and self control? Do you have trouble sticking to a timing strategy? Do you hesitate when faced with a buy or sell signal and look for reasons to justify "not" taking the trade?

Do you long for more discipline and self control when it comes to your timing?

It's not necessarily the case that a disciplined market timer is disciplined in all aspects of his or her life, but it helps. The life strategies we use everyday may bleed over into our investing life.

If you find yourself second guessing timing strategies that you are following, try to remember that the key to timing success is making "all" of the trades.

It is necessary to recognize that timing success is achieved by taking not just those trades which you agree with, but also by taking the tough trades. The ones which may even seem foolish at the time.

There is no way to know "ahead" of time which buy or sell signal will be the one that is the beginning of the next big trend. The one you do not take, is usually the one that makes all the profits.

The Hare and the Tortoise

Timing success is similar to the story of "The Hare and the Tortoise." The hare may be fast, but the tortoise won the race because it never slowed, never stopped, but just kept moving forward.

"...the only way you will achieve market timing success is to stick to the strategy at all times. That means in good times, as well as hard times."
The hare was fast, but lacking in discipline. He also bragged about his success to everyone he saw. But he did not stay the course, and took a nap (missed trade?) at the wrong time.

Discipline is easy when you are profitable. Discipline is not so easy when you are not.

Yet the only way you will achieve market timing success is to stick to the strategy at all times. That means in good times, as well as hard times.

Successful timing strategies are designed to keep timers in the right positions (long, short or in cash) the majority of the time, so that they can outperform buy and hold investors, and also avoid taking large losses during market corrections.

They are not designed for instant profits. Some few day traders may achieve that, but like the Tortoise, timers are looking to win over time.

Remember... if you find yourself wavering about taking a trade... once you are behind on a buy or sell signal, it is very hard to get back in.

And lastly, the trade you do not take is inevitably the trade that makes all the profits!
Recent articles from the FibTimer market timing services;

© Copyright 1996-2014, Market Timing Strategies, Inc., All Rights Reserved.     

FibTimer reports may not be redistributed without permission.

Disclaimer: The financial markets are risky. Investing is risky. Past performance does not guarantee future performance. The foregoing has been prepared solely for informational purposes and is not a solicitation, or an offer to buy or sell any security. Opinions are based on historical research and data believed reliable, but there is no guarantee that future results will be profitable.


Top of the page

 

© Copyright 1996-2014 Market Timing Strategies Inc All Rights Reserved

Design by LightMix