Keeping a journal of your trade activity can be useful in tracking your profits and losses. Here are some tips on creating your own ⬇️
Note that, in this example, we’ve added a second tab that works like the written document we discussed above. There you can add all sorts of thoughts and comments to track your decision-making process and the results of the previous trades.It's one thing to create a trading journal, but it's an entirely other thing to know how to implement what you learn from it into your trading system. Using a trade journal effectively can turn an unprofitable trader into a profitable trader.
Every day when you look at the market, ideas are going to be popping up in your head, and feelings will be flowing through your body. You need to get these ideas and feelings written down so you can spot anything that could either help or hinder your trading performance. This could include generalYour written document is also where you'll be making the argument over whether a specific trade idea you have is good or not.
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