The Power of Trade Journaling: Documenting Your Swing Trading Journey
We cannot improve what is not measured. This rule applies to a trading business just as much as it applies to all other businesses. In this episode, Brian Montes discusses the power of journaling trades and why it is important to document your trading experience. He explains that journaling allows traders to analyze their decisions, track what is working and what is not, and learn from their experiences. Brian emphasizes the benefits of journaling, including self-accountability, self-awareness, continuous learning, and improving as a trader. He provides insights on what to include in a trade journal, such as entry and exit details, trade rationale and strategy, trade outcomes and performance analysis, and reflection. Brian also shares tips for effective trade journaling, including consistency, honesty, and regular review and learning. In this episode you will learn: Why journaling trades is important for analyzing decisions and learning from experiences. How trade journaling helps create self-accountability and self-awareness. Include entry and exit details, trade rationale and strategy, trade outcomes and performance analysis, and reflection in your trade journal. Consistency, honesty, and regular review are key to effective trade journaling. Questions about setting up your trade journal? Email me at brian.montes@icloud.com Looking for coaching and education? Check out our Disciplined Traders Community - https://disciplinedtradersacademy.podia.com/ Join our free FB group -> https://www.facebook.com/groups/disciplinedtrader