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Another tool that you may find beneficial in controlling your ego is to practice yoga or learn how to meditate. I practice Zazen mediation, yoga, and playing GO. The discipline of all three helps strengthen the desirable parts of my ego and annihilate the undesirable ones. As your ability to discipline your mind increases, your equity will increase as well. Disciplining your mind is a never-ending process.
Without mastery of your ego and your beliefs, you are building your trading success on sand.

 
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