What is Trading Journal and How to Use One

[darkphoenix2610]

Learn about the trading journal and how to use it, because just like in any other job out there, tracking progress is quite important. It ensures that you are on the right track and helps you identify areas where you might have made some errors and rectify them accordingly.

Share your thoughts and knowledge about it. https://crypto.co/technology/what-is-trading-journal-and-how-to-use-one/

[1715410860]

1715410860

[1715410860]

1715410860

[1715410860]

1715410860

[1715410860]

1715410860

[Strongkored]

I do not use or have a trading journal, from some of the explanations in your article having a trading journal is indeed very good and will make traders more disciplined in their trading activities and can reduce emotional involvement in making trading decisions, but unfortunately, all theories easy to read compared to the implementation.

[GreatArkansas]

I literally admire traders that using trading journal, even those manual only, just like paper and pencil or even a excel document. There are some trading journals that are automated but some of them may charge you for subscriptions, but for me using these kinds of tool for trading is really the best move.
My small tip for using trading journal is, NEVER STOP to write downs all trades, even just a small position or trades, just write it down, we should practice this.

[darkphoenix2610]

I literally admire traders that using trading journal, even those manual only, just like paper and pencil or even a excel document. There are some trading journals that are automated but some of them may charge you for subscriptions, but for me using these kinds of tool for trading is really the best move.
My small tip for using trading journal is, NEVER STOP to write downs all trades, even just a small position or trades, just write it down, we should practice this.

You're right and using a trading journal you can track always your previous and recent trades, in such a way you can also determine what is right and wrong with the trades you did. It will really help you to have discipline in making trades. So it is very advisable to use a trading journal.