Many traders only write down entry, exit, profit, and loss. That is useful, but it misses the most important part: the quality of the decision.
A good trading journal should answer questions like:
Did I follow my plan or improvise?
Was the setup clear before entry, or did I create a reason after seeing price move?
Was my position size normal, or did emotions make it bigger?
Did I exit according to the plan, or because of fear and impatience?
What was the market condition: trend, range, news reaction, or low liquidity?
This matters because a profitable trade can still be a bad decision, and a losing trade can still be well executed. Over time, the journal should reveal patterns in behavior, not just numbers in an account.
The best review is simple: separate good decisions from bad decisions first, then look at the money result second. That is how a trader improves process instead of only reacting to short-term outcomes.
A good trading journal should answer questions like:
Did I follow my plan or improvise?
Was the setup clear before entry, or did I create a reason after seeing price move?
Was my position size normal, or did emotions make it bigger?
Did I exit according to the plan, or because of fear and impatience?
What was the market condition: trend, range, news reaction, or low liquidity?
This matters because a profitable trade can still be a bad decision, and a losing trade can still be well executed. Over time, the journal should reveal patterns in behavior, not just numbers in an account.
The best review is simple: separate good decisions from bad decisions first, then look at the money result second. That is how a trader improves process instead of only reacting to short-term outcomes.
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