Quote from: azmirihaque on May 23, 2020, 06:12:24 PM

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.

Every trader has its own trading policy. As a real trader, he should be analytical on his own trade. Your advice is the part of this analytical process. Many traders engage in trader in a belief that their investment will give them lot of profit but after some days they loss their capital. Because they enter only the market without knowing the rules, policies and trends of the market. So, strategy is very much important for trade and every trader should have the ability to outline his own trading strategy.

Ya, so that why so many people want to become a quantitative trader Cheesy