Assessing whether you’ve applied your markups correctly requires examining several factors. First, ensure your technical analysis aligns with your trading strategy. Check if your resistance and support lines accurately reflect market highs and lows, and whether trend lines capture significant price movements. Confirm that you’re incorporating sufficient historical data to avoid biases.
Evaluate your trade quality by considering your risk-reward ratio, position size, and how well you adhered to your trading plan. A high-quality trade typically has a favorable risk-reward ratio, clear entry and exit signals, and aligns with overall market conditions or trends. Reflect on these aspects and adjust as needed if any discrepancies are identified in your markups or trade setup.
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