The ability to be aware of and understand your own emotions, thoughts, and behaviors is critical for any trader who wants to be successful. After all, if you don’t know what’s going on inside your head, how can you make sound decisions about trades?
There are a few things that you can do to become more self-aware as a trader. First, keep a trading journal and document not only your trades, but also your emotions leading up to and during the trade. This will help you to identify patterns in your thinking and behavior.
Second, take some time each day to reflect on your trading activities. What went well? What could you have done better? What did you learn?
Third, consider working with a coach or therapist who can help you to understand yourself better. This is an important step for many traders who want to achieve long-term success.
By increasing your self-awareness, you’ll be able to make better decisions about your trades and ultimately achieve the level of success that you desire.