📒 First: Use a notebook to record trades (manual or digital)
Record every trade you made, and it’s preferable that the table contains:
date asset (currency or stock) buy/sell trade price target stop loss result notes
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📊 Second: Analyze weekly or monthly performance
Ask yourself:
What is the profit/loss ratio?
Did you stick to a clear strategy?
What are the most repeated mistakes? (such as emotional entry or ignoring stop loss)
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🧠 Third: Capital management
Do not risk more than 1-2% of your capital in a single trade.
Always use Take Profit / Stop Loss orders.
Do not enter too many trades at the same time.
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📱 Fourth: Tools that help you follow up on mobile
MetaTrader 4 or 5: to monitor and execute trades.
TradingView: for chart analysis.
Google Sheets: to track the trading notebook.
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✅ Fifth: Your discipline is more important than your analysis
Most losing traders do so not because of analysis, but due to:
greed or fear.
Failure to adhere to the trading plan.
Trading without a break.