2016 has come to an end. It’s time to review the results, and the processes.
I’ve wrote this in a private forum. The discussion was about traders who have been studying for years but are stuck running in circles. It kind of pissed me off so i decided to be brutal. Continue reading “How to reach the next step in your trading”
There are two types of trading journals: those that help you keep track of your stats – I use and recommend Edgewonk – and those that are more personal, like a diary. That’s the type i want to talk about today. Continue reading “My trading diary”
If from all the coaches/mentors dedicated to helping other traders there was only one i could recommend then Dr. Brett Steenbarger would be the one. His latest blog post is yet another example of why. Continue reading “Every Great Trader Is A Player-Coach”
The latest entry in my Trading Journal with a particular thing noticed that i must focus on.
Continue reading “Second entry in the Trading Journal”
On sunday night I was very excited to start the week and was really looking forward to monday morning. That gives me confidence that i am on the right path. It wasn’t always that way. My trade ideas going into the week were right, but i failed the execution, ending up losing 1R so far instead of winning many R multiples. Indeed, had everything been executed perfectly there was 20+R for the taking. Of course i’m not saying i would have made that much money but between 20R and -1R there is room for a profitable trader, isn’t it? This is not the first time i have the right direction but fail the execution. Therefore it’s time i apply what i already know: review what went wrong so i won’t do it again, and review what went right so i can do more of it. I do keep a journal (Edgewonk), and a handwritten diary. But i need to have a closer look at me and my behaviour during the week. For this i’ll use the fantastic template provided by Dr. Steenbarger in his Forbes tribune.
Continue reading “Essentials of a (trading) journal”