Thread: What action do you take to correct mistakes?

First of all, I prefer to relax and take few days before just to get my mind freshen up, if I don’t do that then my mind will always be in big worry and that will make me lose even further, this is why taking a break becomes all so much important. I haven’t taken any break so far in my career and to be honest, I am not really required to take breaks, this is all to do with help of OctaFX broker where I can continue practicing on their demo contest like cTrader, it is awesome with having 400 USD prize to be won, it is really cool and makes trading so much easier to do and helps me trade smoothly.

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If i have problem or i stick in my trade then i look to my friend and share my friend . If still problem exists then i post my problem to Forex related forums and experts there answer or solve my problem.

If I am doing scalping then honestly I don’t do anything but hope for better luck next time, but if I lose while long term trade then I definitely check what went wrong and correct my way of analyzing, but at the moment that is not the issue with me. This is because I am using OctaFX broker’s expert analysis, this is very reliable and trustworthy service, so I have no trouble over following it and rarely it goes wrong while with scalping, we simply need to practice continuously to get it right and that will easily work out things, but that of course is not the easiest part of the field to make work, so that’s why we need to be strong head in order to do regular practice.

I will evaluate of trading because then with the evaluate I would be able to fix the error to be trading better again. and I will also discuss with fellow traders to solve the problem. and continue to improve the skills and knowledge of trading well

Repeated mistakes in trading should be evaluated for the cause so that we can maximize the trading will be done again. Now I am trying to evaluate the weekend after a five-day trading on TICKMILL. In history there are losses and profit and I prefer to evaluate the losses that I have received and conducted a search of the cause of such loss

Originally Posted by davidblack

If i have problem or i stick in my trade then i look to my friend and share my friend . If still problem exists then i post my problem to Forex related forums and experts there answer or solve my problem.

That’s good thing to do dear, when we share our problems we can definitely get solution, but when we worry inside we will only make matter worse. I always share my positive/negative experience with my friends/family; it gives me strength to face any challenge.

First point is, if we are accepting our mistake or not, if we accept that we lost because of our own fault or mistake then only we can improve upon, I am have no issues accepting that and it’s something that has helped me improve upon in recent times. I am also happy to be with OctaFX broker since they too have helped me quite a lot with their amazing demo contest like Southampton Supreme, it’s very cool with been 90 minutes and yet there are unlimited prizes to be won, so that’s very helpful and I am able to work out things nicely in terms of practicing and that keeps up the motivation bar for me in big way!

It's really good news for all of us taking immediate steps to correct the all mistakes.

I mostly like to work on my weakness on weekends when market is close, so I just mark all my mistakes that I did throughout the week and then I try to find solution for that, but some mistakes are just lack of discipline so with that, I just do more practice for getting it right.