Keeping a trading journal is like having a personal diary for your trades. It’s super helpful because it lets you track what you did right and where you messed up. By writing down every trade, you get to see your patterns, learn from your mistakes, and figure out what strategies work best for you. It's a great way to stay disciplined because it holds you accountable for your decisions.
Plus, when you look back at your journal, you can spot trends and improve your game over time. Basically, a trading journal is your secret weapon to becoming a better and more profitable trader.
Do you keep a journal of your trades too, and has doing it helped you?
Without a doubt it is a very useful tool, however it is important to keep track of all the information that you can, so not only you need to write down the price at which you bought and you sold.
Write down as well your reasoning for opening your position and the reason that made you close it, add the image of the chart at both of those times and then one image which shows what the market did afterwards, this way you will be able to revise your trades with the most detail possible, and you will learn the most from both your wins and losses.