Post
Topic
Board Trading Discussion
Re: Having a journal of my trades has helped me become a profitable trader.
by
Stable090
on 13/08/2024, 21:01:51 UTC
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.
A trading journal might be useful to you and might have helped you in so many ways, just as you have said, but I don’t think it’s useful to everyone because, for me, I haven’t taken record of my trades before, and I do make money from trading. I'm not against making use of trading journals, but it doesn’t guarantee profit. If you don’t properly do your analysis, even when documenting your trade history, you won’t still be making money. But if you think documenting your trading history works, then it’s fine, but I haven’t tried that before, and I don’t think it’s useful to me, that’s why I don’t do that.