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Ace Gazette – AG Trading Journal
All serious traders need a good trading journal
One of the most important practice of any serious trader to keep a trading journal for all his / her trades. It’s important piece of trading plan would be keeping a trading journal.
The key is, we just have to do more of what is working and less what’s not. That key could be in your properly kept trading journal.
One of the best tools to better your trading is to keep a journal, in our case trading journal. Why is so valuable?
It’s the trading journal where you enter all your trading activities such as entries, exits, reasons, time and all other related items.
We are not blessed with a kind of memory that computers have. Most of things fades away as time passes. However, our trading log entries will always be there for us to come back and check out what has happened exactly as we entered. As we read it, we’ll re-live the events and grasp the facts as to how and why we did things.
Trading journal will show us our strength and weaknesses so that we can identify the areas need working on in order to improve our trading. Trading journal will be the base to develop your trading skills. You need to keep it going on daily basis. You cannot afford to stop when you start winning more than loosing. Remember, best way to perfect our skills is repetition.