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Evaluate – Evaluate your successes and failures. Rate of recurrence of your analysis is dependent upon how much you are trading. When you are trading actively, then a weekly or monthly review vital. Compare your losses utilizing winnings. Focus on the main reasons that get back together a winning trade and make an effort fine tune your criteria to revitalize your executions. As painful as it may be, analyze your mistakes, too. Adjust your criteria to eliminate making the same mistakes another time. Analyzing your mistakes is just as, not really more, essential as studying your successful promotes.
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