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Direct And Indirect Things That Affects Trading Performance

Hello friends welcome to the #Traderlifestyle
 




I hope you had read my last blog about the concept of probability and possibility in this blog I had talked about the lots of things that is importent for trading and thank you for giving me a good number of views so keep loving keep supporting i will always write a new blog for you

so today in this blog I am talking about the following things that directly and indirectly affect your trading performance.

so first I will talk about the direct thing that affects your trading performance 

  1. Trading plan 
  2. Backtesting 
  3. ASR(Advance self-review)
  4. Journalling 
  5. Forecasting 

so these five things that directly affect your trading performance lots talk with detailed.
A trading plan is one of the most important things that affect your trading performance, 
and this is also one of the best things that makes you a successful consistent trader.so I hardly suggest you make your trading plan before initiation any trade. make a different type of condition in a single product that you trade.
"good opportunity dont give a time to thinks so always ready with a plan, make conditions and if that condition happens  take a quick decision to initiate things"

Backtesting is the second important thing that directly affects your trading performance.
backtesting gives you a belief about your trading accuracy, with the help of backtesting you can understand what did the mistake you do that's why you get wrong and when you do proper backtesting of your trades you will never repeat your mistakes again and again so so proper backtesting of your trades and also try to learn however you are right or wrong.

ASR this is the third most importent thing that directly affects your trading performance. advance self-review is the weekend work. in the advance self-review, you judge your every trade which had taken during the week. with the help of advance self-review, you can maximize your trade and become a more consistent trader when you do proper ASR.
what is journalling actually??? 
journalling is nothing but writing about your daily activities which are done by you during the day.
"When you speak about your actions this becomes a dream and when you write , what you speak that become goal"
if I tell you about my journaling habit, every day after wakeup I make my 5 daily targets and I spend my whole day achieving my target that's give me happiness and makes me unstoppable trader.
if you want to make your day productive so follow the disciplined journalling habit. this will improve trading consistency 

chart forecasting is the importent thing which directly affects your trading performance
chart forecasting is a little bit difficult work but if you want to learn chart forecasting.you will have to spend time with the technical chart.so spend more and more time with the technical chart and just try to start forecasting and judge your daily performance.

so these are the five things that directly affect your trading performance.

now I will talk about the indirect thing that affects your trading performance 

  1. Sleep
  2. Health 
  3. Focus
So these are three things that indirectly affect your trading performance  
sleep is one of the important things which indirectly affect your trading performance.
not for trader only but everyone sleeping very importent.if you dont sleep properly you can't work in an energetic way, all the work you done with laziness and without the good sleep your thinks ability is also getting reduce so it is important to sleep properly and work with energy.
Health is also one of the best things which indirectly affect your trading performance
the healthy body has a different energy to things , work and manage different words at the same time so try to be healthy so that you can work more and more and think some creative.

focus is the key to success everywhere whatever you do if you do that with a focus that becomes a great reversal of your life .in a trading focus very important. 
you will have to avoid your habit that affects your focus and add as importent thing that increases your focus .focus also takes atmosphere where you are living where you are working so make your trading setup as focused as you can this will be a revolutionary change of your life.

so guys thank you for reading this blog I hope this blog is also valuable for you if you really like this blog please share this blog with your trading community.and follow my blog page, you can also follow me through InstagramLinkedinFacebook

stay tuned๐Ÿ˜Š๐Ÿ˜Š
๐Ÿ’˜๐Ÿ’˜Happy trading๐Ÿ’˜๐Ÿ’˜


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