I am now halting or my activities to develop a trading plan, and going back to the drawing board not to build a new trading plan, but for developing my trading philosophy.
I know that any business needs to establish itself based on a philosophy. When I got into trading, I totally forgot about that and started my journey concentrating on learning the different trading schools, technical analysis and technical indicators...etc.
This is the beauty of hitting a wall. It makes the mind ask questions and search for better ways. Success does not do that. Success makes us keep moving forward without even a glimpse on the basics of things. Only when things do not work, we go back to see how we can do it right, and by doing so, we are forced to back to the basics and forced to enforce the foundations of whatever we intend to build.
The past weeks were a roller-coaster, were a trading plan works beautifully, then it collapses on me. This made me try to find answers, but thankfully this time, I didn't go to try to learn about a different trading school or a different tools to design a better trading plan, but rather, made me go back to the foundations and ask myself about my trading philosophy.
I came up with two areas of focus; Understanding price cause and effect, and understanding the dynamics of the asset that I am trading. I deleted all the 28 tabs of the 28 currency pairs, and now I am going to educate myself about one pair only.
I am going to use the "Replay Feature" on TradingView, and will go back to the beginning of the year 2025, and start building up my charts to understand only this pair, and what I would want to understand is what affects the price to move.
I know that any business needs to establish itself based on a philosophy. When I got into trading, I totally forgot about that and started my journey concentrating on learning the different trading schools, technical analysis and technical indicators...etc.
This is the beauty of hitting a wall. It makes the mind ask questions and search for better ways. Success does not do that. Success makes us keep moving forward without even a glimpse on the basics of things. Only when things do not work, we go back to see how we can do it right, and by doing so, we are forced to back to the basics and forced to enforce the foundations of whatever we intend to build.
The past weeks were a roller-coaster, were a trading plan works beautifully, then it collapses on me. This made me try to find answers, but thankfully this time, I didn't go to try to learn about a different trading school or a different tools to design a better trading plan, but rather, made me go back to the foundations and ask myself about my trading philosophy.
I came up with two areas of focus; Understanding price cause and effect, and understanding the dynamics of the asset that I am trading. I deleted all the 28 tabs of the 28 currency pairs, and now I am going to educate myself about one pair only.
I am going to use the "Replay Feature" on TradingView, and will go back to the beginning of the year 2025, and start building up my charts to understand only this pair, and what I would want to understand is what affects the price to move.
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関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。