Traders Wisdom Part (11) Trader Efficiency

“Traders Wisdom Edition   “

One common way people evaluate your performance is
to perform a thorough review of your performance at the end of each trading day.

                                        Trade Journaling

” Many of yesterdays issues and emotions are yesterdays lessons unsolved “

Not only does this review enable traders to learn from mistakes but it gives them tangible lessons to incorporate into the following day’s trading goals that they should set for themselves.

“Essential analysis for any trader”

The ability to do this is a function of practice and self honestly toward mental strength & confidence . This type of personal reflection and analysis is evident within all master traders .

The repeated review process will help and  is essential to instill the gut feel for right or wrong trading for any trader.

“Your job is to always play to your strengths

Ultimately Trading is a performance based endeavour a lot like Sport if you don’t understand and analyze your weaknesses how will you ever play to your strengths  .

The baldy one has spoken – Copyright © 2012 FreshlySqueezedPips

“ Traders wisdom Edition “


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