Keeping a trade journal is one of the most important factors to a trading career so download it free. I know that everyone says "you should always keep a trade journal" and i also know this is the last thing that most traders want to spend their time doing! It just seems like one of those things that are a waste of time in the beginning stages because it is very difficult to every imagine looking back at something from a year ago. However that is exactly what should be done! Now ill tell you why keeping a trading journal can help you in your path to success.
Every trade placed is a new statistic that makes up the entirety of your trades. This is where we will get win to loose ratios, best vs worse months of trading, how many trades placed, reason for taking the trade and so much more. Understanding these statistics can save you from downfall of a potential career path. Using this informaiton we may determine that it is best not to trade on a certain day, we may also find certain patterns in our own trading which can be prevented in the future. Without a trade journal it is simply not possible to remember all of your trades as well as the exact prices.
To help you with this I have created a simple trade journal that will help you keep track of your trades and maintain a progress report. To download the trade journal please visit our members area/file downloads. This download is FREE with an active membership.
If you do not have an active membership you may Click Here to subscribe to the PFA Trade Journal for FREE.