Course Content
What Is a Trading Journal and How to Use One
Trading journals can be very useful, and they play a central role in the trading plans of most professional traders. Things like planning futures trades, documenting existing positions, and recording any emotions that may pop up are essential factors to be aware of when building a profitable trading strategy. Therefore, knowing how to create and use a trading journal is crucial to any trader's success. Without it, a trader could easily lose track of his winning and losing positions. Or even worse, they could blow up their account.
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What Is a Trading Journal and How to Use One
About Lesson
It doesn’t matter if you are a swing or day trader. Becoming a successful trader can be a very challenging endeavor. Without carefully planning and documenting your trading performance, you’ll be aimlessly moving through the markets. And that’s a situation that rarely ends well.

By learning how to create and use a trading journal to your advantage, you’ll be able to identify patterns and market trends more effectively. Writing down detailed notes to record your ideas, emotions, and trades is an easy investment that can pay very high returns.

Do you still have questions about technical analysis and trading setups? Check out our Q&A platform, Ask Academy, where the Binance community will answer your questions.
Exercise Files
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