Trading, why is it essential to stick to reviewing?
Reviewing is the fastest way for a trader to grow. Only by constantly reviewing can one discover their strengths and weaknesses in trading, achieving daily improvement and enhancement. Only by knowing where one has fallen can one understand which pitfalls to avoid.
For a novice trader without a fixed trading model, their primary task is to establish a set of trading rules. The establishment of trading rules comes from a substantial amount of real trading and review summaries.
One should approach reviewing with a task in mind; reviewing mainly has two tasks. The first is to find the patterns in market movements. Which chart patterns are more likely to lead to declines, which structures are more likely to rise, and so on.
The second is to establish trading rules. After reviewing a large amount of historical market data, you should gradually establish your trading rules. How to enter the market, how to set stop losses, how to take profits, how to manage funds, and so forth.
Is reviewing still necessary after establishing fixed trading rules? Yes, continue reviewing. Use the review process to validate your trading rules and further optimize and adjust them.
Reviewing is a compulsory course for traders; it should be done regularly, consistently, and persistently. Learn to review, so that each review becomes an accelerator on the journey of trading growth. #GENIUS稳定币法案