[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-299038-105":59,"doc-detail-299038-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","25-rules-of-trading-the-25-point-discipline","25 Rules Of Trading - The 25-Point Discipline","","Trading discipline is presented as the primary determinant of long-term success in financial markets, emphasizing that discipline must be practiced consistently on every trade. Drawing from the author’s two decades of experience across multiple exchange markets, the text explains how respecting the market and controlling behavior reduces costly mistakes and excessive greed. It frames success through the “Wheel of Success” with three spokes—content, mechanics, and the most important discipline—and begins enumerating actionable trading discipline rules.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/25-rules-of-trading-the-25-point-discipline/299038/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/25-rules-of-trading-the-25-point-discipline/299038.png","ImageObject",300,407,{"name":92,"@type":93},"Himbo","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-02","2026-09-18",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",15,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"Why is trading discipline considered the most important factor?","Question",{"text":113,"@type":114},"Trading discipline is described as directly correlated with trading success, summarized as “discipline = increased profits,” practiced every trade, every day.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"What are the three spokes of the Wheel of Success?",{"text":118,"@type":114},"The Wheel of Success includes content (market information), mechanics (how you access and execute trades), and discipline (the behavior practiced consistently in all trades).",{"name":120,"@type":111,"acceptedAnswer":121},"How does the text explain disciplined behavior during losing trades?",{"text":122,"@type":114},"It emphasizes recognizing and limiting losses, suggesting that being disciplined helps result in less of a loss than stubbornly holding a bad trade too long.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},299038,1789766645,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":29,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":130,"read_time":105,"preview_page_count":4},687197100911,"https://ap-avatar.wpscdn.com/avatar/a000239b6f1da00475?x-image-process=image/resize,m_fixed,w_180,h_180&k=1785132997149421697","discipline for   \nMANTRA  \nTHE 25-POINT  \nThe success that a trader achieves in the markets is directly correlated to one’s trading discipline or lack thereof. Trading discipline is 90 percent of the game. The formula is very simple: Trade with discipline and you will succeed; trade without discipline and you will fail.  \nI have been a trader and member of the Chicago Board of Trade (CBOT) for 20 years. During my successful pit-trading career as a scalper, I traded in three different contract markets: 30-Year Treasury bonds at the CBOT, the S&P 500 at the Chicago Mercantile Exchange (CME) and the Gilts at the London International Financial Futures Exchange (LIFFE) . Currently, I also trade the electronic $5 Dow futures contract on the CBOT as time permits.  \nAlthough my formal academic education consists of a bachelor’s degree in business administration from the University of Denver, I never considered myself to be an extremely gifted student. I have no formal training in market technical analysis. I’m unable to even set up a Fibonacci study or Moving Average study on a charting package, let alone know how to trade with such data. I have no formal training in market fundamental analysis. I don’t understand the economic causal relationship between the actions of the Federal Open Market Committee and Treasury bond prices or equity prices.  \nHow, then, have I been able to succeed, day after day, trading the markets for more than 20 years? The answer is simple: I trade with discipline, and I respect the market. When I’m wrong I get out immediately, and when I’m right, I don’t get too greedy. I’m content with small winners and I’m accepting of small losers.  \nJust as I now mentor my trading clients regarding performance, discipline and profit/loss management, I was mentored by one of the best traders ever to set foot on the CBOT trading floor, David Goldberg. David was a long-time spread scalper in the wheat pit and a principal of Goldberg Bros., at the time one of the largest clearing firmsat the CBOT, CME and Chicago Board Options Exchange (CBOE) . David taught me the rules of trading discipline. I listened to his guidance and gradually, over time, became more and more successful. The student has now become the teacher.  \nProvided by permission of SFO Magazine February 2003. © 2003 Wasendorf & Associates, Inc. ï 3812 Cedar Heights Drive ï Cedar Falls, IA 50613  \nPrecise Trading Feature  \nBy Douglas E. Zalesky  \nProvided by permission of SFO Magazine February 2003. © 2003 Wasendorf & Associates, Inc. ï 3812 Cedar Heights  \nThe Wheel of Success  \nThere are three spokes that make up, what I call the ìWheel of Successî as it relates to trading. The first spoke is content. Content consists of all the external and internal market information that traders utilize  \nto make their trading decisions. All traders must purchase value-added content that provides utility in making their trading decisions.  \nThe most important type of content is internal market information (IMI) . IMI simply is time and price information as disseminated by the exchanges. After all, we all make our trading decisions in the present tense based on time and price. In order to ìscalpî the markets effectively, we must have the most live and up-to-date time and price information seamlessly delivered to our PCs through a reliable execution platform and/or charting package. Without instantaneous time and price information, we would be trading in the dark.  \nThe second spoke is mechanics. Mechanics is how you  \naccess the markets and the methodology that you employ to enter/exit your trades. You must master mechanics before you can enjoy any success as a trader. A simple keystroke error can result in a  \nloss of thousands of dollars. A trader can ruin his entire day with an inadvertent trade entry error.  \nOnce you have mastered order execution, though, it is like riding a bike. The process of entering and exiting trades becomes seam  \nless and mindless. Fast and efficie","cbCaitnzOXMJRCEP","https://ap.wps.com/l/cbCaitnzOXMJRCEP","pdf",124738,"English","# The Wheel of Success\n## Content\n## Mechanics\n## Discipline\n# 25 Rules of Trading Discipline\n## Rule 1: The Market Pays You to Be Disciplined\n## Rule 2: Be Disciplined","[{\"question\":\"Why is trading discipline considered the most important factor?\",\"answer\":\"Trading discipline is described as directly correlated with trading success, summarized as “discipline = increased profits,” practiced every trade, every day.\"},{\"question\":\"What are the three spokes of the Wheel of Success?\",\"answer\":\"The Wheel of Success includes content (market information), mechanics (how you access and execute trades), and discipline (the behavior practiced consistently in all trades).\"},{\"question\":\"How does the text explain disciplined behavior during losing trades?\",\"answer\":\"It emphasizes recognizing and limiting losses, suggesting that being disciplined helps result in less of a loss than stubbornly holding a bad trade too long.\"}]","25 Rules Of Trading - The 25-Point Discipline | PDF"]