If you're just learning about stocks and you're losing money, it means you haven't learned much. If you are new to learning and often lose, this is normal. His name is still in process. A Chris John to become a boxing world champion only needs to practice and compete for 6 years in the professional ring (not yet in the amateur ring).
So, if you are new to playing stocks and already hoping for big profits and you can consistently make profits, then your dream is very impossible. Also read: Stock Trading Make You Rich? But if you've been trading for several years and still can't make a profit, then something is wrong with your trading.
Let's say your trading has started in 2010-2013, but not much has changed. You're still losing. Guess what's wrong? The answer is: Because you didn't EVALUATE. When you don't evaluate your trades, you will keep repeating the same mistakes, even if you have been trading for several years.
In the capital market there is a saying: "A donkey will not fall into the same hole". That is, if you have experienced a loss from trading, let's say you lose because you are always overtrading, and when you find out your mistake, you should not repeat the mistake again in the future.
But, how can you possibly know your mistakes if you never do an evaluation? I myself realized how important evaluation after the first two years of trading the results were not much different. The profit I get tends to be because the stock market is bullish.
And when I started to evaluate my trading results, in the following years I was able to find out and correct my mistakes in previous years. Even though I still make mistakes, with the evaluation of my trading, my trading is much better than my perfunctory trading.
Unfortunately, the evaluation of trading performance, is something that is very and very underestimated by most traders. Most traders are only profit oriented. How can you possibly profit if you don't always evaluate your trades? Trading plan (trading plan) is very necessary, but planning without evaluation is just a lie.
"Oohh I understand Bung Heze" You think. But how do you evaluate trading? Ask you curious. It doesn't feel complete if you just talk without providing a solution. For that, please read the following post: The Right Way to Evaluate Trading.
