Trading Journal Benefits
Why Keep a Journal Track every trade. Identify patterns. Improve over time. Disclosure
Why Keep a Journal Track every trade. Identify patterns. Improve over time. Disclosure
Demo to Live Demo helps you learn. Live brings emotion. Transition slowly. Disclosure
News Trading Most firms prohibit it. High volatility = high risk. Avoid unless allowed. Disclosure
Morning Routine Review overnight news. Check key levels. Plan your trades. Disclosure
Weekend Analysis Use weekends to plan. Review charts. Plan next week trades. Disclosure
Stop Loss Placement Place at logical levels. Below support, above resistance. Never guess. Disclosure
Taking Profits Use multiple exit targets. Trail your stop. Let winners run. Disclosure
Risk Reward Always aim for 1:2 or better. This means risking $1 to make $2. Essential for profitability. Disclosure
Best Timeframes 15 Min Good for day trading. 1 Hour Balanced approach. 4 Hour Swing trading. Disclosure
Build Confidence Confidence comes from: Consistent profitability Following your plan Managing risk Disclosure