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What is a trading journal? And how to use one

2022.08.10 23:38

What is a trading journal? And how to use one
What is a trading journal? And how to use one

Monitoring price changes using charts is one way to stay updated on the market trends. However, technical or fundamental analyses and tracking other market metrics are not the only means of becoming a successful trader. For example, a disciplined approach that includes maintaining a trading journal would protect you from making emotional decisions concerning your financial investments.

In this article, we will discuss the benefits of a trading journal and how to create and use it.

Instrument

Date and time

Trade direction (long/short)

Entry price, exit price and stop loss

Trade size

Profit and loss

Notes

Source

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