Keep a diary of operations

Every successful Forex trader knows that keeping a journal of trafficking should be something that falls in your trading plan.

Why is it important to keep track of all transactions?

What can the analysis of negative and positive positions to improve our trading?

It 'can even improve our operations and minimize both the risk?

Let's see all these considerations, in order to improve, day after day, our operation.

Bankruptcy is a word not accepted by anyone. The errors are perceived as a bad thing to be avoided at all costs. In fact, so well in the Forex, mistakes are good opportunities to learn and truly understand something, than to behave and act better when you try again. The key is, of course, analyze the error.

Even in the Forex, then, errors are inevitable. Instead of despair for the lost money, you know why you made that mistake and what you can do to avoid being in trouble again. The errors are the perfect tool for a trader to give immediate feedback for their actions and encourage him to find out why the money was lost.

From here comes the importance of keeping a diary of his trading. Inside there should be not only detailed analysis of operations gone wrong, but also an indication of what had happened. What happened? Why has he reached that decision on? We write as we moved and why the market went against us.

What matters is profit in the Fore global long-term. And in order to limit the number of operations go wrong, it is important to keep track of all the decisions you make during the hours of trading.