Most trading articles focus on minimizing weaknesses rather than identifying and improving traders' strengths.
This seems to be because it is well known that you automatically increase your trading performance as you address your weaknesses. However, this is not always the case.
What strengths do we need to find exactly in a retailer and why is it important to identify them?
Simply put, a strength is something in which you are good. However, if you do not use that particular power to get a productive result, you may not be able to see it or even see it as a weakness.
So think about how to identify your trading strengths. Here are a few steps that could help you:
1. Check your trading accounts
Review your trade logs and identify the cases where you think you have performed well.
Identify your top 10 most profitable trades and note the following:
· Which pairs did you trade?
· Did you stick to your trading plan?
· Did you rely solely on technical analysis or fundamental analysis, or were they a combination of both?
· How long have you held to your trades?
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Not only do you find these questions, but also identify other factors that have helped you win those trades.
2. Write down your strengths as a dealer
Try to identify the first five of you: creativity, curiosity, open-mindedness, learning joy, wisdom, bravery, perseverance, integrity, vitality, love, kindness, social intelligence, citizenship, fairness, leadership, forgiveness, modesty, self-esteem. Control, appreciation for beauty, gratitude, optimism, humor, spirituality.
3. Ask for the opinions of others
Although self-reflection is helpful, we may overlook some of the features that other people can easily recognize in us. So take your time to ask for your opinion.
Ask your colleagues, the trade manager or the trainer and the friends what qualities you have that you consider a good trader.
Compile your inputs and compare them to your own list. You might be surprised how other people perceive you.
As important as recognizing your weaknesses, it is important to know what you are good at, whether you are defeated or want to improve your game.