Easy Way To Analyze Yourself As A Trader
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Anybody who has seriously looked into trading the market has heard the familiar refrain, “psychology plays a huge part in your success”. What does that mean? In essence, it means that the thoughts you have, the emotions you have, your “confidence quotient” and how you deal with them all, in the end, will dictate whether you end up finding success in trading or packing up your charts and calling it quits.
What is a “confidence quotient”?
It is simply how high is your confidence in executing your trade plan even when faced with the inevitable loser. Do you know that if you give ten traders the exact same trade strategy, you will get 10 different results?
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