Thursday, February 21, 2008

Self Analysis


Got up early this morning, did the self-analysis (morning pages or the morning blog). I am fit to the the trading this morning. My GBPJPY post hit the take profit of 95 pips. I entered USDCHF (Long). We'll see whats the result later.

Self analysis is more important than everything else. If you didnt do your self analysis or you found that your self in bad condition (depression, doubt etc) it is much better if you stay away from the trades. Lost is most likely to happen.

Remember, previously you had rely on the technical and fundamental analysis and as the result there is more -ve result than +ve result. This is the time to change your analysis from market analysis to self analysis.

Self analysis is the process of training yourself as an army (trader) not only to learn about using the weapon (technical or fundamental analysis). If you became a good army, it doesn't matter what weapon you are using, you still going to win the war even you dont win every battle. I will teach you about using the weapon later after we talked about training yourself as an army enough.

1 comments:

wheriz said...

I like the principle of self analysis you're talking about. That is real true. That is about greed and other feeling in it.

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