How Will Your Kaizen Trading Strategy Soar With a Trading Journal?

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1. How Will Your Kaizen Trading Strategy Soar With a Trading Journal?

When it comes to the kaizen attitude, the use of a trade log is an essential component. A trading diary is a record of all of your deals, and it must include the following information:

The trading plan that includes both strategy and the administration of money;
For the purpose of keeping track of your actions and effectively managing your risk, an entry/exit checklist is provided;
If the outcome of this deal was a win;
What you did poorly, what you did well;
In the future, you intend to become a better trader, and you explain the things that you intend to improve upon.
By reading your journal entries on a regular basis, you will be able to see trends and behaviors that may be preventing you from achieving your goals, and you will also be able to make modifications to your trading technique.

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