Trader’s Journal

Hi, this is NorthRay.💰

You know what saved me from repeating the same stupid mistakes over and over again?

Not some super strategy.
Not a smart mentor.
Not even a stop-loss (though that helps too).

It was something simple that I ignored at first.

A trader’s journal.

When I first heard about it, I thought:
“Seriously? I have to write too? I came here to trade, not write essays.”

For the first two weeks, I wrote nothing down.
I opened trades randomly. Closed them. Forgot about them.

And you know what happened?

I kept making the same mistakes. Again and again. Like a broken record.

Then I read a quote from an experienced trader:

“If you don’t record your trades, you’re not a trader. You’re a casino gambler who doesn’t even remember what he bet on.”

So I started a journal.

And now I can’t imagine trading without it.🔔

A trader’s journal is a place where you record every trade you make.

Not just: “Bought, sold, made money.”

But in detail:

— What you bought/sold (EUR/USD, gold, Apple).
— Why you entered (saw a signal, breakout, news release).
— Position size.
— Where you placed your stop-loss and take-profit.
— The outcome (profit/loss and how much).
— What you felt (fear, greed, confidence, panic).
— What you did wrong (or right).

It’s like a pilot’s flight log. Pilots record everything so that if something goes wrong, they can understand why.

And avoid repeating the mistake.🛠️

When someone first recommended a journal to me, I asked:

“What’s the point? I already remember my trades.”

Spoiler: I didn’t.

Three days later, I had already forgotten why I opened certain trades and how I felt at the time.

Here’s...