Journal, dont be lazy !!!
Journaling is an important part of your trading; it lets you record trades so you can study them later to find out what went wrong or what went right. The market always repeats itself so imagine a similar trade scenario reoccuring again, if you had recorded it in a journal in he past you will be able to refer to it and re-employ the same strategy you used then. Am I making sense?
Some new traders think a trading journal must be a physical diary or exercise book, but no, some people do electronic journaling using apps like notion or even community fora like this one.
I have a thread here called eurusd for beginners, where i journal most of my eurusd trades to show others and also to keep records which i can refer to in future.
😂 Seems like you're taling to me !!! I so hate journaling and I always think i can remember all my past trades in my head. Maybe I should start a thread here to journal my trades too.
Journaling your trades is a game-changer—it helps you track your wins, spot what worked, and avoid repeating mistakes. By looking back, you can copy your best moves and learn from losses. Plus, it keeps you honest and sharp for future trades.
Journaling your trades is a game-changer—it helps you track your wins, spot what worked, and avoid repeating mistakes. By looking back, you can copy your best moves and learn from losses. Plus, it keeps you honest and sharp for future trades.
Trading platforms even help you with journalling, MT5 & TradingView have the "trade history" feature which marks every trade you took on the charts. With trade history, you can simply review the charts and see all your entry and exits marked out, then you can take a screenshot and use in your journalling.
Journalling is a good habit that is fast losing its popularity because traders of today just want the profits. I do journalling everytime i trade and save an electronic format