To improve your trade planning and execution skills and become a batter overall trader, I highly recommend using a trade journal. I’ve created a sample version based on what I use as google spreadsheet. Be sure to plan your trades and update your journal every day.
Process:
- Fill out your trade plan in the journal BEFORE making a trade
- Update it with actual numbers after
- At the end of the day review the trades and update the After Action column to comment on what you could have done better.
Click the link below to download the xlsx version. Feel free to edit as you see fit for your purposes.
Download Example Edumomo Trading Journal