Here is a worthwhile self-coaching exercise:
Keep runway of your best trading days or weeks. Those may or may non live on your almost profitable periods, simply they should live on the periods inwards which you lot experience you lot direct maintain done your best trading.
Each skilful day, continue notes on the following:
* How you lot prepared for the day/week: What was your marketplace preparation? What enquiry did you lot comport or consume? What did you lot read? What conversations did you lot have, too amongst whom? How did you lot eat? Sleep? Exercise? Prepare yourself mentally?
* How you lot generated your trading ideas: Where did the ideas come upward from? What was the procedure that led to the ideas? What made them skilful ideas? What gave you lot "edges" inwards your trades?
* How you lot expressed your ideas: What market(s) did you lot travel to limited your views? What instruments? How did your expressions supply you lot amongst superior risk/reward? If you lot held multiple positions, how did you lot size them relative to each other too estimate their correlations?
* How you lot managed your positions: What sort of merchandise planning did you lot do? How did you lot size positions too estimate your run a peril taking? How did you lot contend your risk? What led you lot to scale into or out of your positions?
* How you lot managed your performance: How did you lot review your performance? What did you lot learn? How did you lot travel your learning to better your hereafter performance?
Imagine you lot kept these notes every menstruum you lot traded well. Eventually you lot would direct maintain a catalog of your ain best practices. You would come upward closer to agreement the drivers of your successful performance.
Now imagine that you lot entirely kept notes of your trading mistakes too miserable trading performances. What would that reinforce inwards your mind? Would such a negative catalog genuinely inform you lot of your strengths?
Becoming cracking agency identifying what you lot are doing greatly correct now--and becoming to a greater extent than of the someone you lot already are at your best.
Further Reading: Becoming Solution-Focused inwards Your Trading
Keep runway of your best trading days or weeks. Those may or may non live on your almost profitable periods, simply they should live on the periods inwards which you lot experience you lot direct maintain done your best trading.
Each skilful day, continue notes on the following:
* How you lot prepared for the day/week: What was your marketplace preparation? What enquiry did you lot comport or consume? What did you lot read? What conversations did you lot have, too amongst whom? How did you lot eat? Sleep? Exercise? Prepare yourself mentally?
* How you lot generated your trading ideas: Where did the ideas come upward from? What was the procedure that led to the ideas? What made them skilful ideas? What gave you lot "edges" inwards your trades?
* How you lot expressed your ideas: What market(s) did you lot travel to limited your views? What instruments? How did your expressions supply you lot amongst superior risk/reward? If you lot held multiple positions, how did you lot size them relative to each other too estimate their correlations?
* How you lot managed your positions: What sort of merchandise planning did you lot do? How did you lot size positions too estimate your run a peril taking? How did you lot contend your risk? What led you lot to scale into or out of your positions?
* How you lot managed your performance: How did you lot review your performance? What did you lot learn? How did you lot travel your learning to better your hereafter performance?
Imagine you lot kept these notes every menstruum you lot traded well. Eventually you lot would direct maintain a catalog of your ain best practices. You would come upward closer to agreement the drivers of your successful performance.
Now imagine that you lot entirely kept notes of your trading mistakes too miserable trading performances. What would that reinforce inwards your mind? Would such a negative catalog genuinely inform you lot of your strengths?
Becoming cracking agency identifying what you lot are doing greatly correct now--and becoming to a greater extent than of the someone you lot already are at your best.
Further Reading: Becoming Solution-Focused inwards Your Trading
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