Execution and discipline matter more than strategy; most traders fail from impatience and over-sizing positions.

strategies, you'll realize that a lot of times when you use the strategies correctly, you end up buying similar levels and you end up selling similar levels, as long as you're, I guess, on the same timeframes, you basically are executing in the same areas as everybody else. Now, the problem just becomes how you got there. So a lot of times, it's not really about what other people are telling you to do. It's like, can you execute? And a lot of times, it's just man, it's me being impatient. It's me resizing up too much. It's me breaking the rules that I've set out for myself and by losing money, which is inherently very painful because it's the only way that you really are dealt consequences in this game, which is your portfolio goes down. You really start to learn like, wow, that did not feel good. And I just will not do that again because that sucked.