Jumat, 25 Februari 2011

why overcoming trading weakness is not enough!

do u have a trading weakness?

if you know it,

then do something about it.

--

will it help?

yes and no.

--

"yes", because it will not let you

sink

atleast easily and quickly!

you will be around

for reasonable time period.

the more u stay at the wicket

the more chance that u will score decent!

--

"no", because overcoming weakness alone

won't propel you up!

--

for that you need to

build on your strength and style!

--

but how do we know what is your strength & style?

--

well, there is an indirect way to find it out!

--

note down all your trades and details....

all info like

why u entered? when?

why u exited? when?

profit? loss?

--

and after good number of trades

just analyse your record.

what worked

and what failed!

--

amidst the trades which worked & yielded profit and satisfaction

lie your strengths & style!

--

and wrapped inside your losses

are your weaknesses

and incompatibility with your style!

--

thereafter

take the help of a seasoned trader

to finally pinpoint your strengths and weaknesses!

--

thus

you will know your exact weaknesses

required to be plugged

and

strengths and style

required to be built-on!!

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