Most trade articles aim to minimize weaknesses rather than identify and improve the trader's strengths.
This seems to be due to the fact that it is common to think that when you engage in your weaknesses, you automatically increase your trading performance, but this is not always the case.
What exactly are the strengths we need to find in a merchant and why is it important to identify them?
In simple terms, a force is something you are good at. But unless you apply this particular force to achieve a productive result, you might not be able to recognize it or even consider it a weakness.
So, think about how can you identify your sales force? Here are some steps that could help you:
1. Review your trading accounts
Check your trading logs and identify the cases in which you think you have performed well.
Identify your ten most profitable trades and note the following:
· Which pairs did you trade?
· Have you respected your business plan?
· Have you based them solely on technical analysis, fundamental analysis or a combination of both?
· How long have you kept your trades?
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In addition to asking you these questions, identify other common factors that helped you gain those trades.
2. List your strengths as a trader
Try to identify your top five: creativity, curiosity, open-mindedness, love of knowledge, wisdom, courage, perseverance, integrity, vitality, love, kindness, social intelligence, citizenship, fairness, leadership, forgiveness, modesty, prudence control , appreciation of beauty, gratitude, optimism, humor, spirituality.
3. Ask others for advice
Although self-reflection is helpful, we can neglect a few traits that other people can easily identify in us. So, take the time to ask for the outside opinion.
Ask your co-workers, sales manager, coach, and friends what traits they think make you a good trader.
Compile their contributions and compare them to your own list. You may be surprised to see how others perceive you.
Just as to identify your weaknesses, it's equally important to know where you're good, what you're losing, or whether you're looking to improve your game.