Hi guys..
It's me Rasif, want to share my trades and analysis with you so that I can figure out my mistakes and can learn somethings from you guys.. Let me share a book's quote with you..ya
"You need to be aware of your tendency to sabotage yourself. Stop blaming your losses on bad luck or on others and take responsibility for the results. Start keeping a diary - a record of all your trades, with reasons for entering and exiting them. Look for repetitive patterns of success and failure. Those who do not learn from the past are condemned to repeat it."
- Trading for a living by Alexander Elder.
For this reason I'm now going to open a thread on this forum to record all my trades and find out my mistakes so that I can resolve that.
Anyway, Let's talk about something about my trading style and psychology. I'm a new trader, trading for around 1 year and 8 months now. I'm trying to develop some trading system. Actually I believe that the most important thing in trading is money management and psychology control.
Let's share another quote with you...
"You are responsible for every trade that you make. A trade begins when you decide to enter the market and ends only when you decide to take yourself out. Having a good trading system is not enough. Most traders with good systems wash out of the market because psychologically they are not prepared to win."
- Trading for a living by Alexander Elder.
So, Psychology is one of the most important point in trading. Just because of psychology, everyone can't be a trader... So, I'm here to develop my psychology too... As I'll be sharing my trades with you, so it will impact more on my psychology as I will not able to hide my mistakes
I'll be continue to post on this thread.. so please subscribe if you like my thoughts and give me suggestions as I'm very eager to learn something from you guys
It's me Rasif, want to share my trades and analysis with you so that I can figure out my mistakes and can learn somethings from you guys.. Let me share a book's quote with you..ya
"You need to be aware of your tendency to sabotage yourself. Stop blaming your losses on bad luck or on others and take responsibility for the results. Start keeping a diary - a record of all your trades, with reasons for entering and exiting them. Look for repetitive patterns of success and failure. Those who do not learn from the past are condemned to repeat it."
- Trading for a living by Alexander Elder.
For this reason I'm now going to open a thread on this forum to record all my trades and find out my mistakes so that I can resolve that.
Anyway, Let's talk about something about my trading style and psychology. I'm a new trader, trading for around 1 year and 8 months now. I'm trying to develop some trading system. Actually I believe that the most important thing in trading is money management and psychology control.
Let's share another quote with you...
"You are responsible for every trade that you make. A trade begins when you decide to enter the market and ends only when you decide to take yourself out. Having a good trading system is not enough. Most traders with good systems wash out of the market because psychologically they are not prepared to win."
- Trading for a living by Alexander Elder.
So, Psychology is one of the most important point in trading. Just because of psychology, everyone can't be a trader... So, I'm here to develop my psychology too... As I'll be sharing my trades with you, so it will impact more on my psychology as I will not able to hide my mistakes
I'll be continue to post on this thread.. so please subscribe if you like my thoughts and give me suggestions as I'm very eager to learn something from you guys