As discussed in the previous section, it is very important to have a thought review of your trades in order to determine what you did draw what you did write in case the trade turn out to be a losing one you can still benefit from it by figuring out what you would have done better and applying these lessons to your future trades. While it's true that it can be painful to review our lossing red remember that experience is the best teacher and that your losses can be a good reminder of what you should avoid letter on it you fair to voice an important economic releases what found up in a price reversal? Where you unable to adjust your stop loss in time? Where you too greedy with your profit targets? By remembering these mistakes you can remind yourself not to repeat them in your next steps. Most losing traders steam from either a completely wrong price base or improper trade execution the farmer one may be easier to correct as it would simply demand better analysis for a more prices Outlook for future economic releases on the other hand the latter would take time to develop as it requires the formation of better trading habits. quite too often, human emotion interfere with proper trade execution as the fear of losing can lead you to set stop loss that are too tight or too to log in in profits too early and miss out on larger moves. Meanwhile, isl greed or our confidence can tempt you to set profit target that are too ambitious or to our trade. What's important is your learning process and trade journalling is that you not down your motivation for setting your stops or targets for making trade adjustments made way so that you are able to identify behavior patterns that you might need to correct. Another factor that can interfere with trade execution is is Indifference particle early when you are in a long lasting and you feel numb to consecutive losses. This can be damaging to your trading physiology and maybe a sign that you need to take some time off instead of crossing your trades. When you spot this kind of heart pattern in your crossing trades you should remind yourself to take it easy or take a step back from trading for a while. Some say that the worst can bring out the best when it comes to the learning process. While A terrible trade can have some sort of trauma on a trader, it can also be excellent reminder of How a trading mistake can impact profitability and ones mind set. Thanks.
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