🚀 Boost Your Trading with These 5 Journal Tips!

[@ukspreadbetting]

✔ Trade with our Sponsor Broker: Pepperstone www.financial-spread-betting.com/ccount/click.php?id=89 Trade sensibly! 75.5% of retail investors lose money. ✔ We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @). ✔ It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon () you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel.

[@marketsqueezer]

I solved many of those issues with going 100% automatic, and therefore the strategy is the most important.

[@DavidSkerritt]

I kind of journal but on the 5 minute chart itself after each trade. I'll put an arrow showing above or below the signal bar. I'll put the setup in abbreviations, I'll put the number of ticks won or lost. Occasionally I'll put comments like, "I don't like this price action today" on the chart itself.

[@NinjaNinja-ec3cl]

hy i started to be intrested by trading for a year and your videos are verry instrective but there's so many that i don't really know where to start if you could give me a piece of advice i would be grateful. tha,k you

[@coachdimo8348]

After my comment disappeared, I will try another one. For me trade journaling is hugely overestimated. It didn't help me because there is a disconnection between what I put into the journal and how I act in the trading arena. And honestly, I am full time employee and don't have time to journal 10-20 trades per day with screen shots etc. and then to analyze them on weekends. yes, I am profitable and for me this is a myth that without journaling you can't be profitable trader.

[@t_barraca]

Congratulations for being profitable....but in my humble opinion, if you don´t analyze your performance through your trades recorded in a journal, you won´t know the drivers that could keep your trading profitable, or even more profitable and less risky, or which setup could be traded with more lots.... and of course to be far from a risk of ruin.

[@E234-l4m]

Maybe you just happen to be a gifted trader ( not saying that you didn't work hard to get profitable ) But maybe you did not have any problems with FOMO, Greed discipline etc

[@mdrazaquadir117]

Yes it is over estimated. 1. you repeat the same mistakes. So after few entries you just get to know what are problems. And once you got the problems you need to solve that rather than recording some more problems. 2. Not necessarily what you put in journal is true picture or an unbiased opinion. 3. Since we ourselves are judging through entries so it cannot be unbiased. 4. Journal emotional state or anything qualitative on the same day might not effective as we haven't spent sufficient time to analyse it. 4. I think it is important to just recorded all the quantitative details so that we can filter it letter to find something interesting.

[@coachdimo8348]

I have a playbook with all the setups that I use. It took me thousands of hours analysing the intraday charts to find out which setups work for me and which don't.

[@coachdimo8348]

I definitely have it. All what I say is, I can't write into the journal I will trade today this way and expect this will work. Or for example: What is the point of analysing a trade how far the market went after I exited my trade? can I next time maximize the trade, while I wait longer. I bet, next time the market will reverse sooner and you will gain nothing. What I want to say, everything comes down to the strategy and implementing it realtime. And of course being aware of the market state. All this stuff of documenting (Journaling) it afterwards is waste of time. Sorry about this Marc, you do great job with your videos.