Three ways to identify your trading strengths:
1. Review your trading journals
Review your trading logs and pinpoint those instances where you think you performed well.
Identify your top ten most profitable trades and take note of the following: Which pairs did you trade? Did you stick to your trading plan? Did you base them solely on technicals, fundamentals, or were they a combination of both? How long did you hold on to your trades?
2. List down your strengths as a trader
Try to identify your top five:
creativity, curiosity, open-mindedness, love of learning, wisdom, bravery, persistence, integrity, vitality, love, kindness, social intelligence, citizenship, fairness, leadership, forgiveness, modesty, prudence, self-control, appreciation of beauty, gratitude, optimism, humor, spirituality.
Done? Now what I want you to do is think of SPECIFIC ways how you could utilize them in your daily trading.
For example, I ranked the persistency of learning as my biggest strength. I think I can utilize this more by studying different systems and by reading more books on forex trading.
3. Ask for other people’s opinions
Although self-reflection is helpful, we may overlook a few traits that other people can easily identify in us. So take the time to ask for outside opinion.
It is important that you compile their input and compare them to your own list. You might be surprised to see how other people perceive you.
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Short and brief definition:
Self-love is when you love yourself completely.
You accept all your faults and weaknesses. You focus on your strengths. To love yourself does not mean that you cannot and should not work on yourself. It simply means that you don't let bad days or your own sometimes stupid actions and qualities drag you down.
Contrary to popular belief, self-love does not mean that you are arrogant, conceited and selfish either.
Self-love means that you know your worth and accept and appreciate yourself as a person - without any external influences.
Comparing yourself to others is the ultimate self-love killer!
If you always compare yourself to others, it is very difficult to accept yourself as you are.
No other person is exactly like you, no other person sees the world exactly like you!
No other person has your thoughts, sensations, education, experiences.
So you cannot compare yourself with strangers, friends, not even with your relatives.
Is self-care the same as self-love?
Yes and No.
Self-care is related to self-love, yet self-care is not synonymous with self-love.
With self-care, you basically take care of yourself - as the name suggests.
You do things that are good for your head and body. Sports, reading, yoga, sleeping, bathing, further education, partying, walking, etc.
Self-love is about your inner relationship to yourself. You know your worth and it does not depend on any person or thing.
A strong and courageous person is one who knows how to discover and acknowledge their weaknesses and turn them into their strongest qualities. But this is easier said than done. People don’t want to admit that they’re wrong somewhere because it’s human nature’s desire to always be right. We don’t want to look like losers against others, we don’t want to admit that others may be right, which is why we argue to defend our position. Most people don’t want to engage in self-analysis and look for their own weaknesses.
Below is a list of weaknesses that you can turn into your own strengths. And by doing so, you will no doubt achieve your dreams and goals.
• Not having a list of 100 dreams
• Lack of new knowledge
• Willingness to answer questions directly
• Blame circumstances for their failures
• Excessive self-satisfaction
• Willingness to accept compromises
• Lack of motivation for activities
• Willingness to lower your hands, even in the face of the first small obstacle
• Lack of a specific written plan
• Inability to seize good opportunities
• Weak desire
• Searching for easy ways
• Fear of criticism: what others will say
I always love working with people who are more experienced than me because I believe I can learn so much more from them.
While years of experience typically has a huge impact on your personal maturity, I recently discovered that self-awareness is even more crucial.
During my 2019 career break year I learnt so much about myself, which helped to strenghten my "SuperPower Avatar". This is like a character card to communicate your personal strengths to the outside world.
Are you interested to learn more about the SuperPower Avatar and how to create your own? Check out my blog post.