✅ The Trader’s Psychological Journal – Your Hidden Weapon for Survival
Dr. Alexander Elder considers the trading psychology journal not a luxury, but a vital tool—one of the most powerful weapons a professional trader can have.
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✍️ What Is a Trading Psychology Journal?
It’s a notebook (paper or digital) where you log more than just trade details—you document your emotional state before, during, and after each trade.
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🧠 Elder suggests you write down:
Why you entered the trade.
Were you confident? Hesitant? Fearful?
What emotions did you feel during profit or loss?
Did you follow your plan or act under pressure?
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✅ Why Is It Important?
Reveals repeated emotional mistakes.
Helps you review decisions objectively.
Builds mental discipline and balance over time.
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🔑 Elder says:
> “If you don’t know yourself, you won’t survive in the market.”
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🔍 This is information, not financial advice. Always think for yourself before making decisions.#OneBigBeautifulBill
