In what ways could my approach be improved?

To provide a comprehensive and actionable response, it is necessary to understand the context in which you feel things may not be going well. Here are five common areas where traders might struggle and some suggested improvements:
Strategy and Planning:
If you don’t have a well-defined trading strategy, this is a critical area to consider. Ensure your strategy includes clear entry and exit points, risk management rules, and specifies the instruments you are trading.
If you already have a strategy, review its performance to identify patterns where it may not perform well. Consider backtesting and optimizing your strategy based on historical data.
Risk Management:
Effective risk management is crucial. Ensure you are not risking more than a small percentage of your capital on a single trade. Utilize stop-loss orders to protect against significant losses and maintain capital for more trading opportunities.
Diversify your trades to avoid being overly exposed to one asset or market condition.
Emotional Control:
Emotional decisions can lead to poor trading outcomes. Ensure you are sticking to your plan and not making impulsive decisions based on fear or greed. Keeping a trading journal to analyze your trades and emotional responses can provide clarity and improve discipline.
Market Analysis:
If your market analysis isn’t consistent with broader market trends, revisit your technical and fundamental analysis techniques. Ensure you are identifying key trends, support and resistance levels, and any macroeconomic factors that could influence your trading instruments.
Technology and Tools:
Make sure you are using the right trading platforms and tools that provide the necessary speed, efficiency, and features to support your trading strategy. Tools like charting software, news feeds, and financial analysis platforms are valuable for informed decision-making.

In summary, improving your trading outcome involves a comprehensive assessment of your strategy, risk management, emotional control, market analysis, and the tools you use. By systematically addressing these areas, you can enhance your performance and outcomes in trading.