Most people spend 90% of their time predicting the market and 0% reviewing their own performance. They've got it backwards.
Write down three things for every trade: why you entered (your reasoning), what went right or wrong (in execution), and
what you'll change next time (specific actions). Stick with it for a month, and you'll be shocked to discover that your losses...
Your trading journal is full of the same mistakes repeating—for example, always reversing direction right after a stop-loss,
or never letting winning trades run.
The market changes, but your behavioral patterns won't change on their own unless you keep an eye on them and work to change them. The market is the most
honest teacher, and your trade records are your report card. Don't just look at your account balance—go through your trading history.
What do you think? Share your experience in the comments.