It doesn't make sense to adjust your strategy after every loss of couple of losses but I decided to revise performance and adjust system if needed after every 100 trades.
트레이딩은 거래를 통해 이익을 창출하는 행위가 아니라 자산을 변동성에 노출시켜 가치 변화를 유도하는 행위입니다. 이것을 이해하면 트레이딩에서 흔히 발생하는 많은 문제를 예방할 수 있습니다.
Here everything depends on the results. If there are a couple of losses per ten trades, then maybe it is not worth adjusting the strategy. But if losing trades are made much more often and the trader either stagnates in his earnings, or his trading is generally unprofitable, then I think it will still be necessary to adjust the strategy or change it.
Repeating mistakes often stems from emotional trading, lack of discipline, or inadequate reflection. Breaking this cycle requires strict adherence to a trading plan, reviewing past trades, and focusing on long-term improvement over short-term impulses.
Another common mistake traders make is trading with the maximum leverage, which allows them to trade large lots in the hope of quickly increasing their deposit and earning a lot. But more often, the result of such trading is a quick loss of their deposit, stress and disappointment.
Early on, I let emotions control my trades, holding too long out of greed and panic selling during dips. I ignored risk management and didn’t cut losses early. I learned the hard way that sticking to a plan and being disciplined is key.
I used to have the same mistake, and also because of fear, I quickly exited the trade when there was a minimal plus on it and after that the price continued to go in my direction, which would have given me the opportunity to increase my profit. Therefore, I agree that only self-control and the ability to manage your emotions can help you earn on forex.
That’s a smart approach! Revising your strategy after every 100 trades allows for a more comprehensive view of your performance and helps you make adjustments based on consistent patterns rather than reacting impulsively to a few losses. Patience and regular reviews are key to long-term success.