Is Trading Evaluation Important?

Trading evaluation is important because with evaluation a trader can control his fear well if he evaluates frequently and will not like to act in a hurry.

Evaluation is needed when we fail to get consistent results and it is true that evaluation is important, therefore, when you don't want to carry out an evaluation, don't fail. You must be able to implement a good system because sometimes failure is not because of analysis but because of psychology because Being greedy because you want to get rich quickly must also be evaluated because it is related to your psychology as a trader, so evaluation is very necessary

When we evaluate, it means we care about the development of our account and our own development, because evaluation is a great way to develop ourselves.

If you use evaluation well then you can get big benefits. Evaluation will definitely be needed when we carry out an activity. However, we never make a profit or if we do, it's only a few times and the more failures we receive, the evaluation must include everything, especially psychological management, strategy and mindset management, and you must be able to use this appropriately, well and intelligently.

Trading evaluation is something that will really make us change because with evaluation we will definitely do everything we can to fix our system which is wrong. This evaluation will make us more aware that everything that is bad must be corrected immediately when you suffer repeated defeats. -times until you MC. In my opinion, it is the right time to evaluate so that later you will not do the same thing and you will have extraordinary success.

Evaluation is indeed considered important because it is related to improving the evaluation system. It is part of a technique where it is needed. When we have errors in our technical analysis, evaluation is important, so we must take advantage of this as an opportunity or momentum to improve all our performance which is wrong if we Ignoring all of that, I think, will make us unable to be consistent and always experience serious losses.

There are many people who misunderstand evaluations. In my opinion, evaluation doesn't have to be a wrong event and then we evaluate it, but the evaluation referred to here is performance evaluation, even if you don't fail, you still have to carry out an evaluation just in case there are errors or mistakes when you carry out the analysis because Evaluation doesn't have to be when you MC or when you fail, even though you have been consistent. You also have to evaluate whether it's once a month. Whether it's once every two weeks, it doesn't matter. You look at your performance, whether your finances are going up or down or maybe you're stagnant there. all must be evaluated.

The importance of evaluation is that it makes people willing to do this activity and spend a lot of time. In my opinion, evaluation is something that is really needed when we have collapsed or MC. So you have to be able to think that evaluation is really needed so don't assume that when you fail then It's as if nothing has happened. You have to be wise in responding to a defeat, especially to the MC because when you just breed, it means you are less reactive to your trading method and that will have a bad impact on you, therefore carry out important evaluations or activities so that later you will create a more sophisticated trading system.