Analysis of analysis!!!
Good evening Dynamic Traders,
Today I just wanted to remind everyone how important it is to keep a diary of all your trades so at the end of each week you can analyze your analysis so you can clearly see WHY and HOW your weeks trading results were what they were; regardless of the fact if you finished with a profit or a loss.
Beeing my own biggest critic I ensure I give myself direct and honest feedback so if I'm doing well I know why and how; I then emphasise doing more of the same. If I've made mistakes and taken losses that I shouldn't of taken I again learn why and how; then ensure that doesn't happen again.
The whole business of trading is a learning process like anything else but in-order to get better you have to practice and be honest with the feedback. Some of my greatest learning and growth happens when I literally go through everything and spot things that may need to change etc.
There's always times where you're going to be wrong in this business so the aim of the game is to be very consistent in your approach, always ensuring you have an edge so each week will turn out to be a profitable one.
Good trading.
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Labels: forex
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