Create Your Own Trading Journal

forex-business.jpgTraders are humans which means we are naturally have emotions in us. And science tells us that we often make decisions based on our feelings or emotions and not so much on our logic as one would believe.

That is why it’s absolutely important to pay attention to your emotions while trading. It’s not too often that I see an emotional people will succeed at trading. Those who can play it cool and not show too much of how they’re feeling will tend to win the game better.

Take some time to start a trading journal if you haven’t started one. And if you’ve got a trading journal this will help you trading better and study your trading. Clear patterns started emerging and these were telling you that to focused on them

For example, one of these patterns were to trade only between a certain time to a certain time because most of the positive trades fell between those hours. In other words, if you could eliminate your worst trades, it would be much better anyway.

 

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