Keeping a trading journal can provide valuable insights from "summary" of Mastering Trading Psychology by Mike Baehr,Andrew Aziz
One of the most powerful tools a trader can use to improve their performance is keeping a trading journal. By documenting your trades, thoughts, and emotions, you can gain valuable insights into your decision-making process. When you record your trades in a journal, you can track your performance over time and identify patterns in your trading behavior. This can help you pinpoint areas where you excel and areas where you need to improve. In addition to tracking your performance, a trading journal can also help you identify emotion...Similar Posts
Healing is a journey
Healing is a journey that requires time, patience, and self-compassion. It is not a linear process but rather a series of ups a...
Focus on personal growth
One of the most important concepts that the book explores is the idea that personal growth is essential for success. The author...
Stay patient during market downturns
The market has a knack for surprising even the most seasoned investors. It can soar to great heights one moment, only to plumme...
Stay focused on your longterm investment goals
When it comes to investing in the stock market, it is crucial to have a clear understanding of your long-term investment goals....
Be kind to others
Kindness is a powerful force that has the ability to transform lives, including our own. When we choose to be kind to others, w...
CBT promotes a holistic approach to mental health
Cognitive-Behavioral Therapy (CBT) is a therapeutic approach that considers the interconnectedness of thoughts, feelings, behav...
Investment success is based on common sense
Investment success is rooted in common sense. It is not about complex strategies or sophisticated techniques, but rather about ...
Be patient and disciplined in your approach
This concept of being patient and disciplined in your approach is crucial when it comes to investing in the stock market. It ma...
Make informed decisions by conducting thorough research
To navigate the complexities of the financial markets and build a successful investment portfolio, one must be diligent in cond...
Overtrading can lead to losses
Overtrading is a common mistake among traders, especially those who are new to the game. It is easy to get caught up in the exc...