In order to succeed in this business, we have to keep our ego & emotions aside and then analyze charts and we will see it from different perspective. It doesn't matter whether we missed a trade or win or lose. Observe price action, make your notes and prepare yourself for the next opportunity. Study every day with the aim of being better today than you were yesterday.
Analyze each setup based on risk to reward ratio and give no emphasis to pips earned etc. For example if I take a 1 Minute time frame setup with 5 pips stop loss and 10 pips take profit than my profit would be +2R and loss would be -1R.
Another setup taken on Daily time frame with 100 pips stop loss and 200 take profit would eventually give same outcome and profitability.
Analyze each setup based on risk to reward ratio and give no emphasis to pips earned etc. For example if I take a 1 Minute time frame setup with 5 pips stop loss and 10 pips take profit than my profit would be +2R and loss would be -1R.
Another setup taken on Daily time frame with 100 pips stop loss and 200 take profit would eventually give same outcome and profitability.
