Seek feedback from mentors or peers to improve from "summary" of Mastering Trading Psychology by Mike Baehr,Andrew Aziz
One of the most effective ways to enhance your trading skills is by seeking feedback from those who have more experience than you do. Mentors and peers can offer valuable insights and perspectives that you may not have considered on your own. By listening to their feedback, you can identify areas for improvement and make adjustments to your trading strategy. Mentors, in particular, can provide guidance based on their own experiences in the market. They can offer advice on how to handle challenging situations, manage risk effectively, and capitalize on opportunities. Peers, on the other hand, can offer a different perspective and share their own lessons learned. By seeking feedback from a variety of sources, you can gain a well-rounded understanding of the market and improve your trading performance. It's important to approach feedback with an open mind and a willingness to learn. Remember that feedback is not a personal attack but rather an opportunity for growth. Be receptive to constructive criticism and use it as a tool for self-improvement. Reflect on the feedback you receive and consider how you can apply it to your trading practice. In addition to seeking feedback from mentors and peers, you can also use trading journals to track your progress and identify areas for improvement. By reviewing your past trades and analyzing your decision-making process, you can gain valuable insights into your strengths and weaknesses as a trader. This self-reflection can help you make more informed decisions in the future and refine your trading strategy over time.- Seeking feedback from mentors and peers is an essential part of mastering trading psychology. By listening to the advice of others and reflecting on your own performance, you can continuously improve your skills and become a more successful trader. Embrace feedback as a valuable tool for growth and use it to enhance your trading practice.
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