Using trade logs to learn the art of trading can be an incredible tool to propel a trader’s development. Following along each trade’s journey step by step, from the trade entry through each of the trade’s adjustments, and then the journey to the final outcome can be priceless if done properly.
Click here or in the video below to discover these learning tools!
0:00 – Introduction & Overview
1:25 – Click through day by day and observe
3:17 – Watch the video and compare it with your notes
5:30 – Catalog of tactics development
6:40 – Tactics analogy
Trade Log Road Map
When you are traveling to a place that you are not familiar with or is new to you, you may take a taxi or follow a map. Either of those methods should direct you to reach your destination.
However, there could be construction or road blocks or even better ways to reach your destination than those methods could give you. It is similar with trading different strategies.
Following the documentation of a seasoned professional trader who has been sharing market knowledge, trading strategies, and his trade logs, for over 14 years is definitely an amazing learning tool.
The ability to ask questions and receive answers about these trade logs could be a turning point for any trader. Luckily we encourage questions every, single week! Some of the quality questions we look forward to answering for traders about might include:
What is the entry technique of this strategy?
What was the adjustment technique of this strategy?
What is the exit technique of this strategy?
When is this strategy good to use?
When is this strategy bad to use?
Art of Trading
A professional trader will need to understand the market’s constant ebb and flow. Subjective trading is an art. It is not about following the directions all the way through.
It is about having a good understanding of the techniques.
Knowing how and when to apply those techniques.
Then artfully applying the techniques under the right conditions.
That is how you know you are a professional trader.
If you are a professional trader and want to keep your skills sharp, join our professional trading community. Click here to get more information!