what is the importance of keeping a trade journal?

While the idea of keeping track of every single trade idea decision and outcome seems tedious, it could hold the key for Forex trading consistency and long-term profitability. here is why is important to develop the habit of maintaining A trade journal and its benefits for your trading physiology. E a complete trading journal not only contain the pertinent trade details, set a entry and exit prices for the number of its gain or lost , but it should also indicate notes on your trade decision this cover trading physiology detail such as your confidence in taking the trade steps your reaction to expect and unexpected market events your decision Midway through the trade and the protein for those by keeping track of these you can gain better in side on how your emotions and mindset are influencing your trading performance. Keeping a trade journal is similar to a professional athletes typing games and reviewing them.too orphan there are details and players missed when simply trying to recall a game from memory so watching a play-by-play tape could reveal crucial Strategies for tendency that can lead to improvements. Whether it's football basketball or even performance sports such as gymnastic, elite athletes often referred to tabs to analyse their performance and figure out what they need to work on. When it comes to Forex trading some providers also try to have a recording of their trainers particular Li those who are into scalp trading others Resort to having a trading mentor or coach who can provide a a rundown of how are trade played out and the decisions that influenced profitability. For those who don't have the resources or time to do so. Keeping a detailed trade journal is a viable alternative. In reviewing A trade journal, you can be able to monitor the common mistakes you make and take specific action steps to avoid them for instance if you notice that you are setting your stop loss is too tight when trading news releases you can be able to remind yourself to add more leeway next time. If you notice that entering trade at market makes you more nervous and an easy with your trading decision , then you can make it a point to go for limit entries on your next trade to ensure that you have a better and more relaxed trading mind set. From there, you can gain more confidence in taking your usual trade steps for sticking to your trade strategies having a trade general also allows you to keep track of the number and statics adding to the numbers and statics that your plan can generate consistent profits. With that kind of confidence, you can focus your energy into executing properly instead of adopting your trade decisions. Thanks.

Re: What is the importance of keeping a trade journal?

Hamen trading journal continue or keep karne ke bahut fayda hota hai Kyunki trading general se bahut se Logon Ko jinhen trading se related knowledge Nahin Hoti unhen bhi knowledge Ho Jaati Hai Aur jinko trading nahin aati e unhen trading P A jaati hai aur is trading journal ko red karne ka fayda ya Hota Hai Ke Log bahut jyada aapki profile ke sath interact hote hain aur aap ko bahut Achcha support karte hain Jiski vajah se aapko bonus ki bahut hi Achcha Milta Hai aapko bhi chahie ki kabhi bhi trading general ko stop mat Karen use daily update kiya Karen beshak aap usmein ek post kar diya Karen Delhi ki usse aapki trading journal update rahata hai aur log bhi Pasand Karte Hain Use chij ko aur Maine Baat yah hai ki trading journal se aapke experience ke bare mein Pata Chalta Hai jisse Log mistakes to avoid kar sakte hain read Karke aur vah features mewatiyan Nahin Karenge Jo aapane Karke Apna nuksan Kiya Hai

Re: What is the importance of keeping a trade journal?

forex mein keeping of trading general ki bahut hi jyada important hai Ham Koi chahie ke hamen iski important ko samajhna chahie aur jab bhi forex metre reading karni chahie to acchi trading karni chahie hamen chhotilot use karne chahie aur iske sath sath humko chahie ki Ham ismein hot varg carata case mein kamyabi hasil kar sakte hain

humko chahie ki Ham jab bhi forex mein kam kar rahe ho to ismein jab bhi trading karen to fresh mind ke sath trading Karen kyunki fresh mind ke sath trading karne se hamen Jo trade open hoti hai vah hamen bahut hi achcha profit deti hai aur fresh mint ke sath bahut hi chhoti Laut aur acchi trade open hoti hai jo hamen forex mein ek expert trader banane mein madad deti hai

isliye hamen chahie ki Ham jab bhi forex trading Karen yah posting karen to is mein hamen fresh mint ke sath kam karna chahie aur agar hamare pass knowledge or experience ki kami Ho to humko chahie ki hamen knowledge or experience bhi gain karna chahie kyunki knowledge or experience ke bagair Ham kisi bhi kam mein kabhi bhi kamyabi hasil nahin kar sakte

Re: What is the importance of keeping a trade journal?

Hum ko apna trading journal jari rkh a chaiy kunky hum is sy earning k sath sath knowledge bhi hasil krty rhy gy aur humari skills mein bhi izafa ho ga jis sy phir hum achi trading kr saky gy trading journal sy humary knowledge mein acha izafa hota hy isleiy hum ko isy humesha jari rkhna chaiy