Content
@
0 reply
0 recast
0 reaction
Sidney Akpaso
@iamsidneyakpaso
As a Crypto Trader, you need to look back to evaluate your trading performance. You can do this during weekends. A trading journal is an indispensable tool for monitoring your trading performance. It should contain details on each trade including entries and exit prices, position size, reason for the trade, market conditions, emotional state etc. When you 👀 back you should pay attention to : 1. The ratio of your winning trades to losing trades, which is important for assessing your trading performance over time and determining the need for strategy adjustments. 2. The average size of your winning trades to your losing trades. Preferably, your average profit should exceed your average loss, suggesting that your winning trades are more profitable. 3. The number of trades executed within a specific time to prevent over trading or under trading. 4. Your emotions and behavior during trades which helps to identify patterns in your trading psychology. Recognizing instances of hesitation, impulsiveness…
11 replies
4 recasts
65 reactions
HrsSkea
@hrsskea
Wise words sir Thank you for sharing
1 reply
0 recast
0 reaction
Sidney Akpaso
@iamsidneyakpaso
Thank you 🫡😊
0 reply
0 recast
0 reaction