OK, first of all, the title-diagnosing your trading plan postmortem is not as difficult as it sounds. All it means is that you have analyze your trades after it’s done. This may not be very exciting compared to placing the trades. But trust me, it’s probably one indispensible step for you to become a top Forex trader.
Diagnosing the trade you have placed after it’s complete is an important ingredient of your Forex trading plan. Trading plan is more to your trading profile. What you should include the complete steps involving in Forex trading. Therefore, a postmortem diagnostic on your trades is essential, which you perform on daily, weekly and also monthly basis. Because you can see how different you perform during these different timeframes. Have you been consistent in undertaking your plan? Have made mistakes regarding the same use of Forex indicator?
The postmortem diagnosis don’t have to be long. Just briefly analyze each trade you make with the help of a checklist. Considering whether you have completed the little things on your checklist. But never dwell on it for too long. Move on and make new trades.
Remember this, don’t get too nervous when trading Forex. You should be cautious, but not nervous. After all, as Charlie Goodman said, the market can go only up or down.
http://www.ikonfx.com/forexblog/forex-tips-diagnosing-your-forex-trading-plan-postmortem/
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