Why you need a trading journal!

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Keeping a journal is important for any trader and is probably one of the most useful yet underutilized tools. Trading journals are only as effective as the data you write down, so you should be adding EVERYTHING in them - but where do you start?

📚 Watch Lukman give you his take on why you need a trading journal and a breakdown of what you should be adding in there that'll help you move closer towards your financial goals! 🙌

🗨 What's one thing you would have in your trading journal?
Let us know in the comments section. ✍

0:00 Intro
0:16 Why use a trading journal?
0:44 What is a trading journal?
1:56 How important do you think a trading journal is?
2:41 How do you manage your trading emotions - 'emotional damage'😵?
3:32 How do you pinpoint your trading strengths and weaknesses?
4:30 What goes into your trading journal?

Some useful links:

#TradingJournal #FXTMgivesyoumore #FXTMmarketsexplained #StockTrading #ForexTrading #TradeGold #TradeOil #TradeUSD #FXIndicies #USStocks #MoneyManagement #RiskManagement #TradingStrategy #Trading #TradingEducation #TradingInstruments #FinancialMarkets #TradingExplained

[amanzeanuonye]

Thanks for the presentation. Very superb. I will like you to give a downloadable template of a trading journal.