What trading strategies or ideas do you use?
TRADINGFEATURED
"A lot of people will get into trading and say they are willing to do whatever it takes..."
Keeping an Emotional Journal is one of the best ideas I have used in trading.
I know a lot of you already are turning your nose up and thinking “Like a diary?”
Yes, like a diary. Leave your ego at the door.
I promise you that getting your daily thoughts out on paper and not floating in your head unorganized helps a ton.
A lot of people will get into trading and say they are willing to do whatever it takes. But the second I mention an emotional journal, they have a change in mood.
That same go that is stopping you from doing this is the same ego that will destroy all your dreams you have for yourself.
What do you want more?
To protect your precious ego?
Or do you want to build a consistent trading career?
Your choice bud!
Break it down. Getting your thoughts down. Your daily frustrations. Your moods down on paper does wonders and there is nothing to be ashamed about it.
When you don’t, it’s like a tornado causing havoc in your brain.
And guess what, when you have a clear head, you make better decisions.
I trust you will make the correct choice.
Credit: Quora