Info!! To A Greater Extent Than Coaching Insights For Traders

As a follow upward to the recent coaching insights for traders, here's a minute circular of thoughts as well as observations:

* Pull out your largest trades--and your most active trading days-- inwards the past times 3 months as well as assess the P/L but for those. That volition order y'all quite a combat most how y'all are dealing alongside adventure as well as reward;

* Pull out your elevation 10 winning as well as bottom 10 losing trades over the past times 3 months as well as compare their P/L. That volition order y'all quite a combat most your trading discipline;

* If y'all are much to a greater extent than unhappy when y'all lose than happy when y'all win, a 50% win ratio volition experience similar losing over time, fifty-fifty if you're making money;

* If y'all are e'er looking for the side past times side trade, y'all volition ultimately overtrade;

* If y'all are confident inwards your mightiness to brand money, y'all volition non fearfulness missing marketplace moves;

* If y'all are a consistent tendency follower or a consistent countertrend trader, y'all volition non consistently brand money;

* Dissect your best trades as well as y'all volition detect out who y'all are every bit a trader;

* You won't e'er brand money, but y'all should e'er await to merchandise well;

* You can't command markets, but y'all tin e'er command when y'all bet as well as how much y'all bet;

* If an athlete spent every bit much fourth dimension working on his game every bit y'all create on your trading, would the athlete brand a living every bit a professional?

* Great traders operate on themselves afterward a winning streak;

* Confidence when losing, humility when winning: a formula for long-term success inwards markets.

More:

My Observations every bit a Trading Psychologist

.