How to Distinguish Between a Good Trade and a Bad Trade?

As a trader, it is important that you review your worst trades. But how will you identify a good trade from a bad one, and vice versa? There is a frequent misconception that all losing trades are bad and all winning trades are good. Remember, there is more to trading than just making returns. You cannot say that a trade is good or bad just because it is profitable. In reality, there is a possib...