TRADING JOURNAL
A trading journal is a powerful tool meant to help become a profitable and stronger trader. Essentially, it is a written record of what happened during a trade.
1. Follow THE rules
- Speculate what markets wants to do
- Be inline with technical aspects
- Follow smart money and supply/demand zones
- Buy at support and sell at resistance
- After three losses, stop trading
2. AVOID mistakes
- Do not chase the price
- Stay patient (wait for pullbacks)
- Max 10 trades a day
- Max loss a day 30 USD
- You are Manager of your trade and Market is your boss
3. CHARTS
09/05/2022 – 15/05/2022
4. Weekly summary
- I have read a lot about trading, took some courses and start to partially follow the rules which profits immediately
- I was right to buy final dips after last week crashes
- I did not stick to my 10% entries rule! My new rule is to entry 4×10%!
- I did not stick to my 10% entries rule! My new rule is to entry 4×10%!
Did I Follow Rules?
YES, FINALLY YES
NO, AGAIN NO !!!
- After i build bigger account i will decrease down to 2.5% each entry to in total my entry will be 10% of budget
- My money is like inventory for shopper, without it you cannot work anymore
