So why is keeping a trading journal like sex? Well it’s because…
“When it’s good, it’s really really really good!… and when it’s bad, well, it’s better than nothing.”
Now, we’re not just saying this to get some laughs – this is trading, we take trading seriously, and we take the above statement seriously.
There is information out there on keeping a trading journal – but not nearly enough as there should be.
We won’t go on about the merits of keeping a trading journal – it should be obvious how important a journal is to your trading success.
Most people start one but don’t keep it going – which is a tragedy really as you only get the benefit of keeping a trading journal over time.
If you’ve tried and failed to keep a trading journal going; perhaps start again even in a small way, and keep it going through the good days and bad. You will find that not only does it get easier – it becomes a habit when you see how much it helps your trading.
Most importantly – remember that a bad trading journal is still better than no journal at all.