Keeping a record of my trading activities is an integral part of my trading process. Maintaining a trading journal allows me to document each trade’s details, including the rationale behind entering or exiting a position, the strategies employed, the emotions experienced during the trade, and the outcome. This practice is crucial for self-reflection and continuous improvement. By analyzing past trades, I can identify patterns, learn from mistakes, and refine my strategies to enhance future performance. Additionally, a well-kept trading journal provides an objective record that helps in accountability and discipline in following my trading plans and rules. Ultimately, the insights gained from this habitual practice contribute to more informed and effective trading decisions.
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