MONITOR YOUR PROGRESS
The longer you trade, the more difficult it becomes to keep your progress in perspective. Writing down your goals makes it easier for you to remember what you want to accomplish. It also serves as a source of motivation: who doesn’t feel inspired by looking back at where they started and seeing how far they’ve come? A trading journal allows you to keep tabs on your growth as a trader, helping you become more confident.
The advantages of having a trading journal are plenty; the reasons above just scratch the surface. Journal entries do not have to be a chore. They can take whatever shape and form you want, as long as you do not forget to include the most important information that is useful for your trading style. Feeling inspired? The best time to start keeping a trading journal is now!
The longer you trade, the more difficult it becomes to keep your progress in perspective. Writing down your goals makes it easier for you to remember what you want to accomplish. It also serves as a source of motivation: who doesn’t feel inspired by looking back at where they started and seeing how far they’ve come? A trading journal allows you to keep tabs on your growth as a trader, helping you become more confident.
The advantages of having a trading journal are plenty; the reasons above just scratch the surface. Journal entries do not have to be a chore. They can take whatever shape and form you want, as long as you do not forget to include the most important information that is useful for your trading style. Feeling inspired? The best time to start keeping a trading journal is now!
