Exercise 7: "Emotional Journal"
This exercise helps you document your emotions and reactions in every trade, identify your behavioral patterns, and use them to improve your future trading decisions.
💡 How to Create an Emotional Journal:
1. Write Before Every Trade:
Before entering any trade, take a moment to write down exactly how you're feeling.
2. Record Emotions After Each Trade:
After each trade—regardless of whether you made a profit or loss—write down your emotions. This can include worry, happiness, regret, or confidence. This step helps you recognize emotional patterns.
3. Analyze Emotions After Several Trades:
When you review your journal, try to identify what emotions were present during both your successful and unsuccessful trades. This analysis will help you understand where your emotions might have influenced your decisions.
