Today I have made a very important decision related to my trading. I have decided to stop visiting forex trading forums, reading fundamental analysis, twitter comments related to forex, preview & review of news event etc.
I have realized lately that I have been concentrating less on my technical analysis and leaning more towards fundamental aspect of trading and getting influenced by opinions of other traders and as a result my trading results have suffered a lot in last few months.
I did detail review of my past trades and came to the conclusion that my edge lies in my technical analysis and as such I should stick to my strength. Knowing the areas "you suck at" is such an advantage, I would almost call it an edge.
I have realized lately that I have been concentrating less on my technical analysis and leaning more towards fundamental aspect of trading and getting influenced by opinions of other traders and as a result my trading results have suffered a lot in last few months.
I did detail review of my past trades and came to the conclusion that my edge lies in my technical analysis and as such I should stick to my strength. Knowing the areas "you suck at" is such an advantage, I would almost call it an edge.
The real key is playing to your strengths and away from your weaknesses