Are you wondering if you exhibit self-destructive behaviours in your trading? Here are a few quick questions to ask yourself. "Yes" and "No" answers would be ideal.
1. Am I truly in this to make money consistently?
2. Do I wait for my set-ups and entries before I click?
3. When I wait for my set-ups and entries, do I click without hesitation?
4. Do I find myself taking unplanned, impulse trades hoping for the best?
5. Do I quickly limit my risk when I realize I'm on the wrong side of the market?
6. Do I continue to trade even when I don't feel up to it or have had a major drawdown?
7. Do I follow my risk/money management rules?
8. Do I generally hold trades to my price targets?
9. Am I a consistently profitable trader?
If there is a difference between your answers in #1 and #9, it could represent a conflict within yourself. Will post a more in-depth discussion later; and there will be one more question to answer then, and that question is THE QUESTION!!! These are here just for you to start thinking...Hmmm...
I'm going somewhere with this....
FX4
1. Am I truly in this to make money consistently?
2. Do I wait for my set-ups and entries before I click?
3. When I wait for my set-ups and entries, do I click without hesitation?
4. Do I find myself taking unplanned, impulse trades hoping for the best?
5. Do I quickly limit my risk when I realize I'm on the wrong side of the market?
6. Do I continue to trade even when I don't feel up to it or have had a major drawdown?
7. Do I follow my risk/money management rules?
8. Do I generally hold trades to my price targets?
9. Am I a consistently profitable trader?
If there is a difference between your answers in #1 and #9, it could represent a conflict within yourself. Will post a more in-depth discussion later; and there will be one more question to answer then, and that question is THE QUESTION!!! These are here just for you to start thinking...Hmmm...
I'm going somewhere with this....
FX4