The most critical concept that has helped me become a good trader is being honest with myself.
At the end of the month the only thing that matters is how much profit or how much loss.
Ask yourself the question, "what am I doing right or wrong?" so that you may determine what tactics are effective for your bottom line. You have to trade the same way each time you trade so that over a period of time you are able to answer the question.
This is where being honest with yourself becomes important, because it is easy to let ideas and theories cloud your perception of what actually makes you money.
Everyone is different, and this will be different for everyone.
At the end of the month the only thing that matters is how much profit or how much loss.
Ask yourself the question, "what am I doing right or wrong?" so that you may determine what tactics are effective for your bottom line. You have to trade the same way each time you trade so that over a period of time you are able to answer the question.
This is where being honest with yourself becomes important, because it is easy to let ideas and theories cloud your perception of what actually makes you money.
Everyone is different, and this will be different for everyone.