The RDS Forex System: A Breakthrough Method To Profiting from Market Turning Points

CHAPTER 12

Evaluating Your Performance

When you get involved in the financial markets, you need to have a clear vision for your growth in business and in life. When you follow your instincts and commit, true growth appears. One of the hardest tasks a human being can take on is looking at one's self in the mirror. Really assessing the good, the great, and the space for improvement is quite a challenge and not one that most like to take. Whether you are open to this examination and introspective or not, as a trader you will be confronted with who you are every day. Your trades reflect you as a person, and how you handle each moment while you are in the market (or how you miss each opportunity due to your fears and second guessing). This may be a battle you didn't see coming, but trust us, it arrives and can pack a daily punch.

We were confronted with ourselves from the start. Our fears, stubbornness, anger, will to succeed, humor, self-consciousness, and a host of other emotions showed up loud and clear. When you are in the heat of a trade, some of these traits show up and can sabotage the entire plan. As we both look back on our careers to date, we can recall many instances early on when our performances were clouded by our emotions left unchecked.

As we mentioned previously “preparation contributes to timing and experience contributes to strategy.” When we talk about preparation in this chapter we refer to physical, mental, and emotional work. All three need to be in place to ...