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Daily (personal) trading journal & P&L - Suggestions?

  #17 (permalink)

Oslo + Norway
 
 
Posts: 173 since May 2016
Thanks: 175 given, 78 received

Maybe this is considered heresy, but is there anyone NOT journaling...?

I'm considering dropping it and just doing a mental briefing. Or alternatively some super fast notes. Why? Because I work a full time job in addition to this and have to be really efficient about my time.

What I'm always doing regardless of whether I'm trading or not is to always make notes if I'm learning something new or note any particular flaws in my system/approach.

For example today:

1 long entry. Stopped out for a -0,75 point loss (ES). I traded based on my statistical model and minimized risk (tightened my stop) when when it became apparent the trade was not likely playing out as expected.

I'm starting to think I might not have any benefit of actually writing down stuff like this on a daily basis.

I guess what I'm saying is that I'll rather journal on a by-need-basis instead of journaling daily for the sake of it.

Thoughts...?

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