Secret 88CHECK YOUR TRACK RECORD
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Not Looking back does not mean not critiquing your past
performances. As an option trader, your most important learning
experience is to review your track record at least once a year.
Such a review will disclose the mistakes that you made, and we
all make mistakes. Here, you can alter trading tactics in order to
avoid such mistakes in the future.
I strongly suggest that you write down a series of guidelines
that you have established after looking at your past trades. These
guidelines include being more aggressive about taking profits or
changing where you set your stop-losses, and the list goes on.
Check out your bad trades and find out what went wrong. An
honest review of your past performances will surely pay off with
improved performance in the future.
Not Looking back does not mean not critiquing your past
performances. As an option trader, your most important learning
experience is to review your track record at least once a year.
Such a review will disclose the mistakes that you made, and we
all make mistakes. Here, you can alter trading tactics in order to
avoid such mistakes in the future.
I strongly suggest that you write down a series of guidelines
that you have established after looking at your past trades. These
guidelines include being more aggressive about taking profits or
changing where you set your stop-losses, and the list goes on.
Check out your bad trades and find out what went wrong. An
honest review of your past performances will surely pay off with
improved performance in the future.