MISTAKES AND STRENGHTS I HAVE MADE IN MY JOURNEY



1. Not waiting for clear set up ( A+ Set ups). Rushing into trades because of Fear Of Missing Out (FOMO).

2. Fear of Losing my money. I get out of trades quickly to protect my little profits made. I am not able to sit tight. I jump in and out of trades.

MY STRENGHTS SO FAR

1. Cutting Losses - I cut my losses quickly. Show me a loss and i kick you out. Anytime price turn against me, I run away like a thief.

WHAT TO DO GOING FORWARD

1. Continue cutting my losses quickly to preserve capital.

2. Dont over leverage. Use lot sizes that is not bigger than your account.

3. Patience - wait for A+ Set ups and trade according to your sysytem.

4. Ride winners and add to it.

4. I dont try to predict the markets. I react to it. I dont know where the market is going. It is possible and probable it will continue to go up but it is not set in stone. Anything can happen.

Comments