Mar 29 2022 at 07:50
Trading success has become rare in the realm of trading because traders now yield to their unfair mindset rather relying on learning and gathering knowledge. Being detached from emotion is a vital factor for a trader. To get rid of emotion, traders should not call up the history of losses that they made. And make all your mistakes your lesson because it’s an effective learning process.
Frankly learning from own trading mistake is a great approach! In my live account I always try to learn from my SL’s! Although I need improve more; but quite happy with my current result!
Trading success is like a mirage to many traders and success is a sweat of hard work to others who have already become successful. Behind success, there are many factors that work like a person should have all the accepted qualities as well as trading efficiency and market analysis.
Trading success is not accomplished in one day and you need to focus more on learning rather than results. Don’t be emotional and learn from your mistakes
Success in trading depends on many important factors. For me, one of those factors is experience. It is for this reason that I decided to work on a demo account first when I chose a broker from Amarkets for work.
Apr 04 2022 at 16:37
It's easy to dwell on losses but never helps to further your purpose. I agree with your point about making those losses into lessons. I don't think successful traders sit around and beat themselves up over every loss they take because that's just part of it.
It takes a lot of time to master your skills as you need to stay in control of your capital, manage risk and determine profit and loss and find ways to recover. Review your trading journal and rectify past errors. Success happens in a valid time. Focus on your goal.
Apr 12 2022 at 14:40
I have already written several times here and on my blog that working on mistakes, analyzing each loss by its components and remembering the reasons that led to losses is a clear and correct mechanism for improving the strategy. If you look at your losing trades and are not able to cope with emotions, then you should first deal with psychological problems, and then move on to problems in trading.
@Marcellus8610
Apr 13 2022 at 04:24
Don’t compromise with learning if you want to succeed. The more a trader can learn, the more he can be advanced. But, this tendency is missing among traders. Traders now do like to jump onto trading without practicing in demo account. Demo trading can help you in many ways.
Por favor, inicie sesión para comentar .
