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How to keep a diary of trading
by admin ·
Every successful trader keeps a diary where he records with the greatest possible accuracy, your transactions. It ‘an important thing to do, because it allows you to monitor, in black and white, your goals. How do I keep a diary of trading?
First, always put the date in order to have a sort of history. Write down everything that is important to you: objectives, how you plan to achieve them, in what period of time, thoughts and feelings that you have in life outside of trading, thoughts and feelings that you have in trading.
Write down the positions that you want to open even before it, makes you much more real. One of the potential benefits of holding a book trading is that it allows you to gain some understanding about the importance of keeping the losses small.
If you are afraid to write about your feelings as you trade, then you are operating in a locked. It ‘important to write what you feel because the forex is highly influenced by the approach psychology and psychological. To trade without the right concentration makes you lose a lot of money, so it is important to know when and how to operate it. If you lose money when you are upset for any reason, you know that the next time you should avoid doing while you are trading that particular mood.
You can also write other seemingly insignificant things, like the food you eat or drink something, you’ve had the breaks, and more.
‘S ultimate goal is to have a real newspaper that accompanies you in trading the foreign exchange market and that will let you know what you are doing, if you earn it or not, you are operating under what conditions and how to improve the conditions that make you losing money.
Related posts:
- How to keep a diary of trading – part 2
- Trading Psychology and Discipline
- Focusing on goals rather than on results
- Trading in the market, we are improving
- The overtrading, a sure way to lose money – Part 3
Tags: diary, Psychological, trading