Quote from: Subbir on December 26, 2019, 11:48:28 AM

Quote from: yarlungzangbo on December 10, 2019, 05:47:52 AM

Usually, we are trading with market, and we have our own trading logic. But , after you are trading for a long time , you will find you are trading with yourself and the biggest enemy is you.

You may have a good trading logic , and you always earning money from the market , but you are still afraid of lossing, am i right?

Every trader should believe in his own trading logic just like a belief, you can't move it. Lossing are not terrible and you should like it.

So i have some advices:

1. make sure you are believe in your trading logic
2. record the reason when you open trade
3. take profit and stop loss strictly
4. back to the records when you close trade, and think why you are earning or lossing
5. according to the records , if you find something wrong with your trading logic, fix it
6. add your trade into a trade journal (advice from @GreatArkansas)
7. do the things 1-6 above again

Does any trader record the reason of opening trade? And how do you guys practice it? Let's talk about it.

Trade won't come so easily many studies will need to be done but success will come here but so as to be a successful trader, you want to follow the instructions in order that the danger of loss is far lower Stop loss is certainly one among the foremost important things here.

I also suggest every trader that its not good to trade without knowledge as to when you are trading its important for you know what you are exactly doing and be ready to face the problem that could come in your way while trading. Mostly new traders get worries about market changes and they sell early for panic which is not a good thing at all.