The importance of keeping a record of your trades
If you don't keep a record of your trades, how do you plan to measure your performance? How will you know if you're doing well or poorly? Seriously, think about it: do you really believe that a single winning trade is going to change your life? Trading doesn't work that way. This world does not reward improvisation or lack of discipline; what you need is consistency, analysis, and responsibility.
Keeping a trading journal is not an option, it's a necessity if you really want to progress. You need to record every trade: what did you buy? Why did you buy it? Where did that decision come from? Was it due to a signal? Was it impulsive? Did you listen to someone else? Or, better yet, did you conduct your own analysis?
Now ask yourself: when was the last time you researched an asset on your own, without relying on others? When did you take full responsibility for what you buy and sell? When you do this, when you hold yourself accountable for your decisions, you begin to see trading from a different level. It's no longer just about 'entering and hoping to win,' but understanding every action and every result.
This market, especially the cryptocurrency market, is the most volatile and competitive there is. It's not a game. It's an unforgiving environment where discipline and constant learning are the only tools that will keep you afloat. If you expect an asset you don't know to make you a millionaire overnight, I'm sorry to tell you: that's not going to happen.
Success in trading is not about luck or hitting the jackpot. It's about building a solid system, learning from each trade, and improving with every mistake. Keeping a record allows you to see patterns in your behavior, identify your strengths, and correct your weaknesses. It gives you clarity and perspective.
Trading is not easy. But if you really want to do it well, start with the basics: discipline, analysis, and above all, record-keeping. Because when you start taking your decisions seriously, the market will also start taking you seriously. Do you want results? Then commit to the process. No one else will do it for you.
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