The benefits of creating a journal in this forum

xplorer 

I just keep a notepad (Windows) open and quickly jot down the entry type/reason for entering/setup I just took with either the time filled or simply something like "1st trade... 2nd trade... etc.". At the end of the trading session I download the trade data into Excel and pair the two.

yeah, i was doing something similar except i was entering some things on excel... then end of day i download the actual prices and data to match the entry exactly

maybe shorter notes would work better or stick to a few trades instead of needing to jolt down a ton of info

whats1thingnow 

when i kept it i found i needed to record the entry right away so i would remember exactly the reasonS for entering the trade. however, i found doing the entry itself taking my focus off from the prices and monitoring for continuation. what's your experience? how do you find the balance?

depending on the number of set-ups you use to enter a trade you can assign a number to your set up and simply record the number.

ie: set-up #1 = breakout to new high

After that you either followed your plan or you didn't.

Renasha 

Hi All I am brand new to trading. I've been playing on a SIM account for about a month now. It is still scary new to me. I hope to learn a lot from all of you.

Same here brother, just signed up here and trying to get a journal going before starting SIM trading.

erukumk

Guys,

Complete newbie here.

Just went through the post and downloaded the Basic System acct tracking.xls, i have quite a few questions as to what some of the columns mean.

can anyone point me to a resource(or post) which says what each column is? i will be grateful.

Thanks
Erukumk

http://Wishing to trade NQ LIVE with 2K, any advice?

Any thoughts or advices on trading NQ with 2k ?