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Product Name: Mad Profits
Mad Profits Website: MadProfits.co
Mad Profits CEO: Mad Profits Team
Mad Profits Price: FREE
Mad Profits Review
As a kind of continuation of learning trading on an ongoing basis, the investor must be done “examination” and follow up periodically trading deals its own and that once a month at least, and by doing this test carefully and accurately, he should assesses all What is the truth of the failures and successes alike. For me, this kind of weekly or monthly review amazing learning tool, especially at the beginning of Trades, and I have really helped me to develop my own trading skills.
In fact, it is to ask yourself a series of questions about each trading after the deal closed. To make it easier, you can be doing a simple list includes a set of questions and you add this list to your trading plan. And you can be sure that you check your trading deals will work in the end on the development of effective and successful trading routine.
The following are the most important key questions that must be taken into account during the examination of your trading deals ….
It is clear that some of the following questions can be applied only in cases of successful trading and others is applied in cases of loss. As you can play in addition to these and other questions more questions of your own, provided they do not make it too crowded. And now you have to focus on the following key questions and that you classify as follows ….
* Questions we should be asking ourselves about the setup and entry of trading:
– How can I avoid this kind of failed signals?
If you have made a loss during your trading, you will need to determine whether the loss was due to excessive trading without the need for trading this time? Or because you have to trade without following a private trading your Mad Profits strategy? Or that the loss was a natural loss inevitable? (In some cases it would be compulsory for the loss inescapable, even if you are trading correctly, and this is normal) these questions is one of the basic questions that must be asking ourselves, if you over-do trading This is a big problem that needs to be resolved in as soon as possible if you do not really want to destroy your trading account.
– Why this signal is a good signal for trading?
You can ask this question for deals Winning or losing circulation (losers of possible trade deals must be a good tool to develop your own trading strategy and help you avoid over-trading). If the trade deal is clear for you, then you should do something quick description about the surrounding market conditions.
– What are the factors that were present or not present among the various trading deals each other?
– Are there any other factors that it considers have contributed to the success or loss of any trading deals?
– What went wrong and what the right thing happened after the initial entry into circulation, which helped to trading as the results of this?
If you notice anything that would support after trading in, you should examine and understand well this matter and discuss it with someone related to trade. This thing may be a good signal for the start of trading transactions, such as different time frame, or it may be a certain level of penetration points, etc …
• Questions should be asking ourselves as attachment to the management of trading:
Management usually considered trading place floundering and confused investors. Most of the mistakes made by investors when trading is management is simply a result of the excessive trading and engage in it more than necessary. In general, whenever you simplify your trading management, whenever this has led to a better long-term results. Here are some questions you should ask yourself with respect to the management of trading when you check your trading deals:
– What would have happened if left alone trading deal did not go out early at a small loss or small gain?
In fact, when you get out of the rapid trading, you are doing it to destroy your trading account because you will incur many small losses. Small losses are usually much better than the big losses, but the best way to take losses is to abide by the amount of risk that you specify in advance that you place stop loss order logically according to the structure of the market, and allow for trading that is proceeding according to market conditions, and then either take the amount of losses that you’ve already selected and approved by, or reap the profits. The taking and losses incurred prior level that you selected in advance means you have not given your own trading strategy time and space to work and that perhaps is going in your favor in the end and then reap profits rather than bear the losses.
– What will happen if you do not get out of the deal before trading access to the profit target and instead left it open …. Is the deal will end the gain or loss?
It’s nice to ask yourself this question to see how it worked your trading transactions in the event of a well forget about it, and usually you’ll find that it worked very well.
– What would have happened if my stop loss slightly wider …. Are teams going to happen?
Sometimes when you make a stop loss order on a larger scale a little bit about what you want to be in the beginning is the difference between profit and loss.
– What would have happened if my profit versus loss less … Is this makes trading profitable?
Sometimes, it makes you get less profit or rather more lucrative logical. It is necessary to be realistic earnings forecasts, while I find many investors have unrealistic expectations about exactly how big a deal expected to certain trading profits.
– What was your mental state during the trading deal? Do you sleep well?
This question is very important and necessary to respond to it frankly (as is the case with the rest of the questions, of course). But it is very important to be a good psychological condition during the course of your trading deal. It is natural that you examine your trading deal twice or three times a day, but if you’re sitting at your desk all the time to monitor trading deal and all you can think of is how it trades, then you have a big problem. And if you can not sleep or stop thinking about trading and constantly open trading application from your mobile phone, you have a big problem, too. Usually have this kind of obsession because of the difficult trading very attempts to make money, and that means either that you are often excessive trading, or run the risk of a lot in order to make money from your trading account.
And finally ….
Do not engage in a lot of different scenarios for the trading and “What would have happened if”, and instead tried to focus on basic questions and make sure you learn something and discover new things help you to trading success.
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