Do you remember the situation when you were very confident in the trades you were opening and then eventually they were closed by stop loss? Then you analyzed those trades and couldn’t understand how could you make so horrible mistakes. And you know what was even more frustrating? It was definitely not the loss itself because it is OK to lose from time to time on Forex. The worst thing that happened was the following: you did not stick to your trading rules. You knew exactly what to do; you analyzed the market beforehand and jotted down the plan, a good plan. When the moment has come, you threw that piece of paper into the trash and began to trade influenced with emotions, not the common sense.
What if you could shoot the video of all your trading? Of course, you can make use of the camera or any program that captures the screen but this method is not that convenient. This approach has 2 tremendously important benefits:
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