3CQS Trading Journal

A trading journal is essential in testing whether current strategies are working. Trading journals should include all necessary elements that describe a trade, such as the date and time of the trade, the traded instrument, the direction of the trade, entry and exit prices, position sizes, and the result of the trade once it's closed.

Here are some key reasons to start using a trading journal:

• Journals could increase trading consistency
• The journal helps to keep you accountable
• Trading journals are there to log your trading activity
• They help traders test different trading plans and strategies
• Trading journals can help pinpoint strengths and weaknesses in a trading style