jeudi 1 janvier 2015

2014 Trading Recap

As we all reflect on 2014, it is important to ask ourselves what we learned from the choices that we made while trading. The best way to do this, is to choose your most successful trade and your worst trade of the year. By dissecting the specific actions you took during your trades, you can increase your profitability and capital in the upcoming year.



Your worst trade:



Did you trade the actual price action or just your opinion?

Were you trading with a stop loss? Did you honor your stop loss or let a small loss turn into a big one?

Did you fight the trend in your time frame?

Did you try to front run an actual signal before it triggered?

Were you trading with a bias that made you see what you wanted to see instead of what was actually happening?

Did you trade with a trading plan?

Was your position size too big?

Did you allow fear, greed, or ego to override your trading plan?

Did you trade in a market you did not fully understand?

How much did your stubbornness cost you?

2014 Trading Recap

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