When we are constantly losing money in trading, there is an important question that can help us figure out our next step. Because sometimes as a trader we become so involved in recovering our losses that they we don't first figure out what is causing them.
We often start reading different psychology books and blogs for answers, without realizing that it's not our psychology rather it's our trading strategy that is flawed. Instead of fine tuning our strategy enabling it to work in current market conditions, we start to hop from one trading system to another, never addressing the core issue.
We often start reading different psychology books and blogs for answers, without realizing that it's not our psychology rather it's our trading strategy that is flawed. Instead of fine tuning our strategy enabling it to work in current market conditions, we start to hop from one trading system to another, never addressing the core issue.