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A trading journal, often referred to as a trading diary, is a potent tool that offers a window into your daily journey as a day trader. It functions as a mirror, reflecting the details of your trades: the trades you made, the trades you didn't, the actions you took, and the outcomes they generated.
For starters, you must understand that this will be a difficult challenge. One minute you're riding high on a win, and the next, you're feeling crushed by a loss. This is why you need a trading journal.
The trading journal isn't solely about jotting down numbers. It's about sharpening your mind, honing your instincts, and making you a more disciplined and successful trader. The trading journal is going to be your personal roadmap to consistent profits. It's going to show you what's working, what's not, and most importantly, why. With your trading patterns reflected back to you, you will be able to make better decisions and avoid the same pitfalls.
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24 май 2024
