To fix the problem, identify and fix its Core
There are two main problems:
* Technique
* Mentality
Let's break them down:
Technical problems
These issues revolve around Charts, Analysis & Execution Process.
Questions to help you identify your problem:
* Are you often wrong about your prediction bias?
* Are you correct in your opinion but stopped trading before the transaction took place?
* Can you engage in trading systematically?
You need to work more on:
* Identify bias and trends.
* Fine-tune your entry confluence.
* Build input models.
After this, other problems often occur:
Psychological problems
These issues revolve around Performance & Emotional Control.
Psychological problems are often as follows:
* Excessive trading and revenge trading.
* Fear of making transactions. Freeze.
* Afraid to let a transaction go through. Closes early.
* Greed wants more from the market.
* Lack of focus and clarity when displayed on charts.
Unlike engineering, there's no easy fix here.
Journal your thoughts. Find clues.
Identify the triggers that make you emotional.
Introduce habits to combat emotions.
Make it easy to avoid making mistakes.
Keep studying and keep learning.