2. It aids you in finding your edge:<\/strong><\/span> Your journal reveals whether you\u2019re developing strengths and profitable strategies.<\/p>\n 3. It expedites your learning curve:<\/strong><\/span> You\u2019ll find areas where you should focus and develop upon.<\/p>\n 4. It helps manage your emotions:<\/strong><\/span> By logging what you feel during the trade, you\u2019ll understand more about your psychological weaknesses and strengths.<\/p>\n 5. It helps find value on your losses:<\/strong><\/span> Your trading losses won\u2019t just be \u2018losses\u2019 per se as you\u2019ll learn plenty of lessons as to why you shouldn\u2019t do something repeatedly.<\/p>\n 6. It allows you to tweak your system:<\/strong><\/span> You\u2019ll be able to adjust your entries, exits, sizing\/allocation, and risk management, among others.<\/p>\n 7. It serves to extrapolate your performance:<\/strong><\/span> Numbers don\u2019t lie. Your trading journal will be an honest reflection of what and where you are right now as a trader.<\/p>\n Writing your own\/personal journal is simple. You can write it on a notebook or type in an excel file. Things that should be included are as follows:<\/p>\n Or you can simply use InvestaJournal<\/a> by Investagrams, which has basically every single tool a trader needs for a trading journal.<\/p>\n InvestaJournal<\/a> is a feature-filled journal that the contemporary stock trader is looking for. It is an intuitive and easy-to-use feature that is essential for your development as a trader and investor. From start to profits you will be able to review your trades and performance using InvestaJournal<\/a>. With its built-in analytics, you will develop a better EDGE as a trader.<\/p>\n The dashboard is a complete and easy-to-use interface that lets you see the summary of all your trades information and displays everything you need to know about your trading performance. You can quickly see your portfolio allocation, your current positions, portfolio and strategy performance, trade analytics, and lastly, your top gainers and losers.<\/p>\n The analytics tab is where you can analyze your trades without the need to compute for your trade statistics manually. From here, you can test and formulate your strategies and determine which ones to keep. Through statistical metrics, you will find your most powerful set-ups to use for your next trade.<\/p>\n As it implies, this is where you\u2019ll place the strategies that you use for each of your trades. Writing your strategies can develop various trading setups, incorporate in your trades, and track each trade’s performance. This is highly important so you\u2019ll know whether a certain strategy is working in your favor or not.<\/p>\n Additionally, InvestaJournal allows traders to easily log the trades by literally just copy-pasting data directly from our brokerage accounts. With its advanced and straightforward features, we can take our trading journey to the next level. Its ability to compute for analytics on our trades automatically will let us focus more on the parts where we\u2019re doing well and where we\u2019re not. Click here for more details about InvestaJournal.<\/strong><\/a><\/p>\n Writing a journal is easy. You just need to write or log the necessary data and that\u2019s it. The tough part is in studying it with commitment and discipline. It’s the part in trading where you should \u201cenjoy\u201d your losses and learn from your mistakes. We make most of the effort when the market is closed. We tweak how we place our trades. We adjust our strategies accordingly to how we performed in the past. These are the parts where we\u2019re in control as a trader.<\/p>\n A word of advice: we cannot control our profits. We\u2019re only in control of our decision-making and how we approach the market systematically.<\/p>\nA journal helps you answer questions such as:<\/h2>\n
\n
How to make your own\/personalized trading journal:<\/h2>\n
\n
What is InvestaJournal and how do you use it?<\/h2>\n
![\"\"](\"https:\/\/dailymedia.investagrams.com\/investadaily\/2019\/03\/56227938_2407191282849661_106244301058473984_n.jpg\")
<\/a><\/p>\nInvestaJournal has three (3) main tabs: Dashboard, Analytics, and Strategies:<\/h2>\n
Dashboard<\/strong><\/h3>\n
![\"\"](\"https:\/\/dailymedia.investagrams.com\/investadaily\/2019\/03\/investajournal-dashboard-5c99dc0f19127.jpg\")
<\/a><\/p>\nAnalytics<\/strong><\/h3>\n
![\"\"](\"https:\/\/dailymedia.investagrams.com\/investadaily\/2019\/03\/investajournal-analytics.jpg\")
<\/a><\/p>\nStrategies<\/strong><\/h3>\n
![\"\"](\"https:\/\/dailymedia.investagrams.com\/investadaily\/2019\/03\/investajournal-strategies.jpg\")
<\/a><\/p>\n