Mistakes I am Making In Implementing My Own Forex Trading PlanI know that we all want to see material of Forex Trading plans that actually work and bring in profit. We don't want to waste our time with what doesn't work.
Still, in this video I am talking about my lack of discipline in applying my own Forex trading plan which made me lose focus and get into a losing streak.
My Win/Loss ratio is still better, my balance is still above its initial amount, but to me all that is not important. Many people are result oriented, I am not. I am process oriented.
I need to trust my process. If I think that I have a solid Forex trading plan then I should follow it. If I am making changing to it then the plan needs changing.
My next steps are as follows:
1) Stop trading the Demo account and use the Replay Feature of TradingView to get more experience in implementing my own plan. With this action point, I will also discover if the current plan is profitable or if it needs changes.
2) Back to Education: I found a new Forex Educational Resource that I want to check out, and see if there is anything of that value there. This resource seems to be going deeper into SMC and teaches advanced areas to better understand liquidity.
I hope this video is helpful and a good reminder of the importance of discipline in Forex trading.
