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kingdips
Sep 15, 2023 7:45 PM

📝 ALWAYS review your trades and improve your trading strategy. Education

E-mini Nasdaq-100 FuturesCME

Description

ALL your trades should get a good in-depth review. Unless, of course, you're just gambling, then the market isn't for you, and you're likely not even using TradingView -- because why would you need a chart? 🙂

  • If you make a red trade, review it, do better next time.
  • If you make a green trade, but you were like this the whole time: :sweating: ... chances are you were lucky. Review it, do better next time.
  • If you make a green trade and it doesn't "continue", so to speak, either you knew exactly what you were doing (nice!), or you were lucky. Review it, do better next time.
  • If you make a GREAT trade and it continues to RIP after (aka "left gains on the table"), NICE JOB.. Review it. Do it again. And again.
  • Keep reviewing all your trades till you have a bullet proof strategy.
  • There is no other way to advance as a trader.
  • If you don't review your trades, you will not improve.
  • Open your mind to learning from other traders. You may be better than them in some things, but they may be better than you in some things.
  • Kobe, Lebron, Ronaldo, Messi, Brady, and every athlete you can name has went to practice every day throughout his/ her career. Pros don't stop practicing. Neither should you.


In the referenced trade, I made a quick +10% in NASDAQ:QQQ calls. Although the intention was to scalp, I got lucky to not get burned. Here's how I normally review my trades:


Remember to NOT force trades. There's no point. I warned against forcing any trades yesterday in my quad/ triple witching post. Volatility is no joke. More volatility coming next week. Remember that.

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