Log in or register to download unlimited Forex robots!
3 Entries You Should Add to Your Forex Trading Resolutions
Some of you may have already begun the year with trading resolutions in mind. For those who haven’t adopted any yet, it’s not too late! Below are some resolutions that you may find suitable for your goals.
1. Have a regular trading review
Make it a habit to review your trading. What’s great about this resolution is that you can start immediately. The start of the year is the perfect time to look back on your past trading performance.
It’s important to be completely honest with yourself when assessing your performance. Ask yourself questions such as:
What are my trading strengths?
What are my trading weaknesses?
Was I able to stick to my trading plan?
Have I achieved my past trading goals?
What are my new trading goals?
But keep in mind, to really make the most out of trading reviews, they must be conducted regularly and frequently. For this purpose, we recommend keeping a trade journal. You can make one yourself, or you can try creating one on the BabyPips.com forum.
2. Believe in yourself
Having a positive mindset can go a long way in helping you develop and grow as a trader. In fact, a whole new branch of psychology has emerged based on positive thinking. This new area, called “positive psychology,” focuses on helping people achieve their full potential. It is very different from traditional psychology where the focus is curing mental illness.
So no matter what your bottom line looked at the end of this year, remember that you’re starting the year off with a clean slate. Take advantage of this and the additional experience and insight that you have earned from the past year. They will allow you to learn and work better, which can possibly lead to consistent profits.
3. Learn something new
While it’s all well and good to stick to a trading system that works, it’s also good for traders to learn new tricks. Read a book, follow a trader blogger with a different trading style, or read up on other trading strategies. Checking out the popular trading forums is a good place to start if you’re looking for new trading books and strategies.
What’s important is that you expand your trading skill set. Remember, to be a successful trader, you must constantly learn, adapt, and improve. You never know when the market environment will call for new trading methods!
To help with your resolutions, I recommend treating them as DAILY resolutions instead of yearly ones. It can be difficult creating and keeping this habit, but if you start with small changes and build on them as time goes on, you’ll be surprised at how achievable your goals are. You might even develop good trading habits along the way!
i reaaly agree with you man.. trading journal is a must. with trading journal we can keep our mind to striaght to the plan, straight to the goal.. im really get a lot of benefit with trading journal. a number 3 is really should be carefull. learn about trading is really different with a trading activity. trading is work, not about learn. if we change our system to much, its really will get a bad result.
- Total number of registered users: 73,386
- Registered users today: 8
- Newest registered user: Ziyad32
- Total number of topics: 11,747
- Total number of posts: 38,504
Online users: 2,955 guests, 124 Members:
0vi, 35267775, adgroot, admin, Aezeck, ahmed44, ahwee321, Aljax, Andiswa, angkagua, anikislam9720, antobozic, asraffbenz, beastfx123, BENEX, BENJAMIN@2018, betuboxem, brian_p_5, Bulat M Rafikov, BUNDER, cfortunato744, chaz0159, Cramia, ctrip, Dabuka2000, Dang Phuong Trinh, Dinosaurier, DJLavette, Donovan Sissing, Eagleye72, epifreak, eswarfx786, F8, Farhedge, femo, filippogaudi69, forexneto, glenmckinnie, Guelsko, HawkesburyTrader, Heckenlooper71, HMD, Houssam Haleh, ian.kungu, IB, Jamessmirnov, jianghollo, jkingtrading78, Joefrey Garcia, Jonathan Houle, Joshua Owoseho, JPKing, Jungsik Kang, Kamza22, Karthikeyan, khaimalevolency, khayotbey, khidirovAbdumurot, Lea13, live1985, luke simon, LuxTrade, Manguele, Marco Jäger, markswingle, Masixole, Mathías Coral, Max Chua, milky23, minhtuyenfx, Minsoo Seok, Mojalet, MR. Fafi, Nebby14, nov, Ntsika1999, Okiti777, pablo00plinio, peteaw72, phantom2479, Phumelele, Rabih, rakhabeletsi, roberto23, robgodfrey, Ronforex, rufruf, Sabeeb Sb, Sachin, saeedfalahati, sarasabahi, sasastephe, seandodd, sega77, shakir319, sheikabdullah, Shivansh007, skinvestor1978, star292, suares5kk, tafiye, tayeb54, Thonnie Noegraga, ThreeLions, timebrasil, tj38881, ToMy, TradeHound32, tradingralf, ucooper2, Ugotv, victortanwc168, viekaer, vrapto, wazzinaus, wuxianyan, xperya, xv16, ynsdiary, zeevlas43, Ziyad32, इंडिया अँटीवायरस डॉट इन, จีรวุฒ อินทขันตี, ซาเบ้ง ภูริวัฒ
MT4talk is a User Generated Content website. All content uploaded to MT4talk by our users (MT4talk forum members) is User Generated Content. Please note that MT4talk doesn't sell Forex robots and does not provide support for the uploaded Forex robots. MT4talk only sells PRO membership. PRO membership is unlimited download access in every forum topic and forum posts.
We testing Forex robots in REAL-TIME! We testing some robots on a demo account but in real-time. We are not financial consultants and we can't push you to risk your money. We are just trying to find good market analysis solutions from different strategies to help our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The site may contain links to affiliate websites, and we receive an affiliate commission for any sign up that trade by you on the affiliate website using such links. Our affiliate partners includes the following: FXOpen, FBS, LQDFX, MyForexVPS.