One worthwhile practice that I recommend to traders is to rails monthly returns across 2009. This is because 2009 has featured a make of trading environments, from trending to non-trending, together with from highly volatile to less volatile.
If y'all are a trader that exploits momentum together with trending, y'all likely perform best inwards a volatile trading environment. On average, y'all likely did amend inwards 2008 than 2009, together with y'all likely did amend inwards early on 2009 than after inwards the year.
If y'all are a countertrend trader, your results may endure just opposite. 2008 powerfulness convey been a hard year, together with 2009 powerfulness convey been amend for y'all equally the twelvemonth progressed.
Either way, the expect at the monthly returns tin make the sack assistance y'all position the marketplace position weather that are nigh favorable to your trading together with those that are nigh challenging. That data tin make the sack endure invaluable to proactively taking opportunity when the trading environs is skillful together with pulling inwards your horns when returns are probable to endure to a greater extent than limited.
Looking at your trading results calendar week to calendar week together with calendar month to calendar month also tin make the sack demo y'all how lumpy your returns convey been. Traders tin make the sack swing quite a chip betwixt periods of profitability together with periods of drawdown. Some of those swings are attributable to marketplace position conditions, simply many of them also reverberate the psychological variables that impact performance: confidence/lack of confidence together with focus/distraction. H5N1 expect at the consistency--or lack of consistency--in your returns tin make the sack endure an first-class window on your psychological strengths together with vulnerabilities.
The halt of a twelvemonth is a bully fourth dimension for review, assessment, together with goal-setting. Knowing how y'all performed is crucial to establishing how you'd similar to improve inwards the twelvemonth ahead.
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