1 min read

Journal Review #3

Journal Review #3

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?

 

How to Build a Tagging System That Actually Improves Your Trading

How to Build a Tagging System That Actually Improves Your Trading

Tagging trades in your trading journal is one of the most effective ways to uncover strengths and weaknesses in your trading approach. In fact, it’s...

Read More
Checklists Are Now in Your Edgewonk Trading Journal – And They’re a Game Changer

Checklists Are Now in Your Edgewonk Trading Journal – And They’re a Game Changer

We’re excited to introduce a powerful new feature in Edgewonk: Trading Checklists. With this update, you can now assign detailed checklists to your...

Read More
7 Expert Day Trading Journal Tips

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...

Read More