Check-ups of the Trading Strategy

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Active Currency Trading online is as much a learning process as it is a speculative endeavor. In Check-ups of the Trading Strategy, it is explained that Good Traders, like our members at Currency Traders Club, learn from their mistakes and try to avoid repeating them in the future.  Bad traders keep making the same mistakes over and over again until the thought of giving up in frustration or are forced to give up for financial reasons.

Successful trades also represent excellent learning opportunities, both about different trading strategies work best and about our own personal response to the. Successful traders remember what they did right and try to emulate it in the future, knowing full well that no to trades are ever the same. Bad traders only remember that they won, but they fail to take the lessons of why they won to heart.

The best way to learn from each trading experience–both and bad–is to make post-trade analysis part of our regular trading routine.

Also Study,

Common Forex Mistakes

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