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Trader Dale Volume Profile

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Trading psychology<br />

How to get back on the right track<br />

Sometimes what was working before seems not to work anymore. Instead of jumping to another<br />

strategy, I suggest that you try to find what you were doing differently back then when your<br />

trading was just fine and your strategy was working.<br />

The best thing you can do is to take a screenshot after every trade you take and add a brief<br />

commentary to it. Taking such a screenshot literally takes 1 minute and it can save your trading<br />

career! Some people do only screenshots of their bad trades but instead of focusing only on the<br />

negative, you also need to see what you were doing right and what was working. So, when you<br />

are struggling, go back to your screenshots and go through them. See what trades you were taking<br />

when everything worked just fine. Now you only need to trade the same way as you did before<br />

when everything was fine. This will help you get back on the track. It is like when your Windows<br />

crashes. It loads a backup of the last configuration that worked. You should do the same.<br />

Another thing you can do is to go through your statistics and see what trading instruments work<br />

with your strategy the best. If we are talking forex, then it is usually the EUR/USD that<br />

outperforms the other pairs. So, if you are struggling, I suggest that you start trading only the<br />

instrument that works the best for you. Don’t trade anything else until you regain a major part of<br />

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