7 Expert Day Trading Journal Tips
Most day traders obsess over price action and entries - but the real breakthroughs happen when you start analyzing your own performance. In this...
We had a lot of fun going through this user's journal. Analyzing it was especially interesting because the trader also reached out to us with some ideas and thoughts in mind. When requesting his journal review, he wrote:
"According to my analysis, my biggest issue is that my profits are not big enough. I don't know if I am placing my stops too far, but I think that is the problem, because I never seem to reach my Profit targets, and then end up closing trades for well below my targets. I don't know what to do, because my entries seem to be good. The trades seem to work well, but always reverse, and never get to my targets."
Although he seems to have a general sense of what's wrong with his trading, he can't quite pinpoint the issue. Can we help this trader move forward, and what other interesting revelations in his journal data can help us guide him towards new, positive trading approaches?
Most day traders obsess over price action and entries - but the real breakthroughs happen when you start analyzing your own performance. In this...
When we built Edgewonk, we knew that trading Forex comes with its own unique challenges. Fast-moving markets, high leverage, and 24-hour sessions...
If you’re struggling to become a profitable trader, the issue likely isn’t your trading strategy itself—it’s how you execute it. Based on years of...