Reviewing both winners and losers is beneficial. Maybe you win more than you lose, but your winners, while frequent, canât cover the larger, less occurring, losers. Youâd never know that if you only looked at winners.
In my opinion patience plays a big role in trading activity and lots of depends on it. Calmness contributes to your development in trading. It must be combines with your knowledge, experience and intentions. The main is to set an aim, to strive for success and patience gives you strengts to achieve your goals. No matter how long you trade, no matter how big is your deposit, the matter is how do you relate to mistakes, losses and so on. You have to understand that mistakes, losses, everything relates to your experience and you shouldnât take it too hard, because they are like a teacher for you. The best thing you can do to have a success is setting up yourself every morning in a positive way.
Could it be as simple as putting in the time? Trading every week, on most days, for months, keeping a journal. Winning, losing, in the beginning, itâs doesnât really because youâre still learning?
And once youâve accumulated the hours in front of the charts, watching what your preferred pairs do over time, in certain market conditions, things just start to click?
Forex trading is different than other markets and does have a bit of a learning curve. We have a vast amount of information available for our clients. You might find the following video and articles interesting.
Everything that you have mentioned is a part of the trading journey, however the main thing is the quality of learning, even if you are spending a limited time yet you are constant with your schedule, then surely you can be successful.