Seasoned Forex traders reflect on their mistakes in 2014

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Thanks for sharing. Very good reading.

You are welcome. Time to look back at our own trading year to spot the flawed decisions that we made: too greedy? Too cautious? Wrong stop-loss strategy? Too impatient? Too many pairs? Etc.

I think reflecting on the mistakes that were made is good however it is also important to reflect on the things on what you did right and how can you improve more on those as well. For every small wins adds up not just in your live account balances but also it adds up to your ā€œself-confidenceā€ as a person and as a trader. Build your strength and self-confidence around on what you know and where you are good at instead of beating yourself up on the weaknesses/mistakes. Always look at in a different perspective. There are times you need to change directions but do not change your main objectives and goals.

Currently, 're reading my collection of trading books since I am off work for the rest of the year! while of course baking Christmas cookies :wink:

The Cookie monster!!


Great link, thanks

I think it is very important for all of us to reflect on the past trading year. I like to take the last week of each years to sort through my trades and see what I did wrong and where I can improve for the next year.

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