I like to encourage Traders to spend the weekend as a time for reflection. Did you follow your trading plan this week? Was each and every trade well thought out and are your results inline with your expectations?
It’s important to review your results and try to be as honest as possible with yourself. Run through each trade you took and make sure it actually is inline with your Trading Plan. It’s human nature to make excuses for those trades that you jumped out of early or took because you had a gut feeling, but unfortunately the only person you are deceiving is yourself.
As you may have read about in Narelle’s bio, some trader’s like to keep their partners involved with their trading results for Accountability. This is great advice to find yourself a Trading Buddy, and can be a very productive excercise. So if you don’t yet have a Trading Buddy to review your trades with, then reach out to someone you know and include them in your trading evaluation.
Andrew Barnett is the co-founder of LTG GoldRock and is an avid Forex trader and blogger on the subject. If you have any questions or comments, please leave them below.
