Make mistakes as self-evaluation

Making mistakes as a self-evaluation is important because when you are able to make mistakes as a self-evaluation then whatever you do will definitely be thorough, you will definitely be disciplined and you will admit that your system is flawed. Where everything must be updated properly, errors like this will usually prevent us from being able to make good profits, therefore, in an active condition, in a conscious condition, we must be able to fix it all first before deciding to trade. return.

Mistakes are caused because they are influenced by emotions in trading so that trading is not in accordance with the trading strategy and rules that they have previously set. If an error occurs then we can use it as an evaluation so we can trade better, because the error comes from ourselves not complying with trading rules.

When we don't want to correct mistakes, we trade as if we were walking aimlessly, with no clear direction or goal, so we easily get lost. You must correct mistakes, especially mistakes in placing stop loss and take profit.

We really have to correct mistakes and we use them as evaluation material, and the evaluation itself is in all parts of this forex business because the location of the evaluation is in the trader himself and it is also necessary to understand how to exercise patience. For this, it takes practice and it really takes trial and error.

Actually, making mistakes as a self-evaluation doesn't need to be asked because it automatically arises from your intentions from your mind when you see that there are many errors in your trading system because those mistakes make it more difficult for us to gain profits, making it difficult for us to develop.  Our capital is a mistake that we have to make and we have to evaluate here to show that we are active in carrying out trading. The mistake usually made by a trader is using open positions which use lots that are too high. Things like that are usually done by good traders.  beginners and professionals that you should get rid of

We can use mistakes as evaluation material, but after that, make a trading plan for your trading. If we don't have a trading plan, we don't have a goal and will be confused. Therefore, so that we can be successful in this business, we must have our own trading plan from the start so that we know where we are going so that we avoid confusion and are well directed.

When you make the mistake you made as an evaluation of yourself, it means you admit that it was a mistake and I really agree with this kind of behavior because not everyone wants to do something like that. They tend not to admit their own mistakes and continue trading with  the wrong way, but if you want to make a mistake into a good evaluation, later you will always make improvements to that mistake, where the essence of it all is that you will have an accurate trading system because you have corrected every mistake.