Stock Trade Journal can help you find out what trading strategies work for you. Stock Trade Journal gives you the tools to plan your trades, to analyze your performance and increase your profits.
By keeping a record of your transactions as well as notes on every trade, you will be able to learn about your trading strategy, habits, market trend and how it all relates to your performance.
Most traders tend to make the same mistakes over and over without knowing. Recording notes and transactions in a trade journal allows you to see those mistakes so you can prevent them.
Keeping a trade journal will help you understand and find tune your trading strategy as you can review your trade notes and see what affects your performance. It will help you recognize your strengths and weaknesses.
Plan your trading day, record your transactions, note market trends or any other relevant information and analyze your performance.
"Stop blaming your losses on bad luck or on others and take responsibility for the results. Start keeping a diary - a record of all your trades, with reasons for entering and exiting them. Look for repetitive patterns of success and failure." Dr. Alex Elder in his best selling book "Trading for a Living"