Congratulations, you have win a FREE subscription to our Forex Signal delivered daily right to your mailbox click here!
Powered by MaxBlogPress  

Create Your Own Trading Journal

forex-business.jpgTraders are humans which means we are naturally have emotions in us. And science tells us that we often make decisions based on our feelings or emotions and not so much on our logic as one would believe.

That is why it’s absolutely important to pay attention to your emotions while trading. It’s not too often that I see an emotional people will succeed at trading. Those who can play it cool and not show too much of how they’re feeling will tend to win the game better.

Take some time to start a trading journal if you haven’t started one. And if you’ve got a trading journal this will help you trading better and study your trading. Clear patterns started emerging and these were telling you that to focused on them

For example, one of these patterns were to trade only between a certain time to a certain time because most of the positive trades fell between those hours. In other words, if you could eliminate your worst trades, it would be much better anyway.

 

Read More

Improve your Trading Result
Which one you'll choose? a string of 9 wins of 10 pips each and 1 single loss of 100 pips. Even with a win loss ratio of 9:1 in this case, it still come out in the red simply because the loss trade wiped out all of the winning. This is explaining how...
Human Trader VS Robot Trader
Most losing traders who inquire about forex trading are quite intelligent, but why 90% of trader has loss their money? They are not beaten by other traders, they simply are beaten by themselves, by humans' weaknesses.   What is the first big...
Buy Too Soon Sell Too Early
Trading strategy should be all system and the trader should try to keep their own thoughts out of it. The trader and the system has something that they can bring to the successful trading system. The major flaw we as humans have when it comes to trading...
Forex Trader must Have a Winning Attitude
Successful trading is achieved through practice, discipline, consistency, focus and a winning attitude. If you trade without any emotion at all, you're likely to be successful. When you start trading with your own money, rather than someone else’s,...
D20P e-Zine
del.icio.us:Create Your Own Trading Journalblinklist:Create Your Own Trading Journalfurl:Create Your Own Trading Journalreddit:Create Your Own Trading Journalblogmarks:Create Your Own Trading JournalY!:Create Your Own Trading Journal