5s of trading

 applying Japanese 5s to trading.....

1.Sei-ri (sorting)

......only essential trading parameters/technicals only......clear the clutter......possible only after testing them initially....after this step u r left only essential parameters which work, or complement ur style and temperament.....after u have sorted.....don't fiddle......just keep improving

2. Sei-ton (set in order)

......arrange the order of the parameters to be used in trading....to analyse......not all parameters are for the same purpose......some are key and basic, others are for specific needs or in advisor capacity....know when and how to use which indicator/parameter

3. Sei-so (shining)

.....keep ur working (trading) desk clean....not just the physical trading terminal and desk but also the records and the trading mind......keep everything shining, clean and clear.....only when u have a clear desk and head that u can chose the right tool and apply it rightly at the right time......keeping the parameters shining in the head by regularly dusting/cleaning it thru revision keeps them ready when required.

4. Sei-ke-tsu (standardizing)

.....once u have sorted the necessary trading tools, set them in order and kept them in ready-to-use condition, u have to stardize their usage.....the process.....the drill as to how u will actually use it when require.....haphazard usage of even good principles will not yield the right results

5. Shi-tsu-ke (self  discipline)

.....after all the above 4 steps, if you don't implement them right, if don't have self-discipline in the actual war, the trading......what good they will and can be? stick to it....self-discipline....this step ensures that it is not you but your method that is trading......u and the method become one....trade is objective and automatic.....emotionless