4X Trading Journal
@4xJournal
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Empowering Traders With Tools For Optimal Performance
Joined December 2023
Every time you begin a new trading week / day ask yourself (1) what should I stop doing (2) what should I start doing (3) what should I keep doing Arrange your life like a chess board and tune it to perfection
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Do you think a stop loss is a problem? Then let's reframe what a problem is: an opportunity to see where our limits are and grow. Now, the real problem is that the EGO gets in the way when we need to grow. So it makes us avoid pain, instead of embracing it. That's why you
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Easiest way to do that is by reflecting on your losses & emotions. The 4X journal helps you do exactly that.
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Your approach can be the single aspect that's holding you from being profitable. So RESPECT yourself and accept your vulnerabilities.
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This little mindset detail makes a huge difference in the approach you will have when trading. You see: •Thinking mistakes are wrong -> Fear •Thinking mistakes are feedback -> Confidence
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Beginner trader -> Thinks that mistakes are wrong. Aware trader -> Thinks that mistakes are feedback (and journals them).
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— There's a difference though between the beginner trader and the aware trader.
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— By respecting yourself, I mean actually respect your awareness to be able to make mistakes and not be hard on yourself.
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Respect yourself and your trading journey. it's a path of self-discovery and mastery.
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4/6 There's a difference though between the beginner trader and the aware trader.
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2/6 By respecting yourself, I mean actually respect your awareness to be able to make mistakes and not be hard on yourself.
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Backtesting is where you develop your strategy Paper trading is where you prove it Live trading is where you prove you.
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If you answered YES to both, you can make it for a few years in trading as long as you keep it that way.
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Answer Yes/No Do you have the ability to make a profit, let the position continue to go higher, and not care? Do you have the ability to take a position, be wrong, and then have to walk away and do that same thing again and again? #tradingpsychology #TradingTips
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Only takes 4 steps to become a trading champ: - Master technical analysis - Build an edge and backtest it - Create your risk management profile - Reframe your mindset to perform at your best on the long run. Simple but not easy. It will take you years to get to step 4
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So many times trading is just keeping your word with yourself. #tradingpsychology
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"Journaling has really improved my approach to Trading, and following the guidelines offered are truly beneficial to the process of improved trading. Lifetime journey!" - Dwight B.
loox.io
Journaling has really improved my approach to Trading, and following the guidelines offered are truly beneficial to the process of improved trading. Lifetime journey!
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