Scribd
Upload
23 views

Synthesis

Uploaded by

Winter Dantes
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as ODT, PDF, TXT or read online on Scribd
23 views

Synthesis

Uploaded by

Winter Dantes
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as ODT, PDF, TXT or read online on Scribd
You are on page 1/ 1

SYNTHESIS

A trading journal allows you to keep track of your trading activities by recording your deals, which

you can then examine to learn from both your successful and unsuccessful trades.

You can learn from mistakes you've made when starting or closing a position by monitoring your

progress. Additionally, it supports your ability to follow your trading strategy and improve future

executions.It's not limited to being a simple list of all the trades you've made. You can make it into

whatever you want. In the course of their post-trading analysis, traders can jot down their ideas,

feelings, and observations. An important remark should be noted as soon as possible because some

of it can be misplaced during a busy trading day.

Milan Cutkovic (n,d), “What is a trading journal and how do traders use it?” axi.com; Retrieved

form: https://www.axi.com/au/blog/education/trading-journal#:

Improve Your Trading Strategies Keeping a trading notebook will help you track your progress and

make adjustments to your trading approach. You may improve your trading strategy and, with a lot of

work, make it into a more effective and profitable method by being able to look back and pinpoint

where it worked and where it didn't. After assessing the effectiveness of your trading strategy, it's

possible that you decide it would be best to attempt an entirely other strategy. Maintaining a trading

notebook will not only help you improve your trading approach, but it will also help you become a

better and more reliable trader. You can review your trade diary to identify where you made the proper

decisions.

Roberto Rivero (2023) , “ How to Create a Trading Journal”admiralmarkets.com; Retrieved form:

https://admiralmarkets.com/education/articles/forex-basics/trading-journal

You might also like