Surely everyone has heard a lot about keeping a diary, right?

People say that keeping a diary helps you improve, but no one says what you improve in.

Actually, keeping a diary should be simple, whether you make a profit or a loss today, how much you make, professionals will use the profit of how much R or how much %, not paying attention to the amount of money, this also has a reason.

So what does keeping a diary help you improve in? It is improving your trading mindset. If you want to improve your skills, you have to study a lot, backtest a lot, observe the market with a trading system, but just turning on the chart, looking at the candles and then deceiving yourself with the rules in front of you that you have experienced without any basis is the same as nothing.

Talking about % or R, a bit spiritual, in terms of merit, you record how much profit you have in a month is the highest or how much profit you have in a week, then see if you will lose again if you exceed that number, this must be recorded for a long time to be able to withdraw. For example, the highest profit in a week is 100$, at the beginning of the week you made a profit of 100$ but at the end of the week you still made a profit of 20$ , then your merit threshold is only 100$ but the important thing is how much capital, put in 500$ to make a profit of 100$, which means if you only use capital of 500$ , your merit will only last 100$ 1 weeks, too much will lose again. So how to increase the profit, 1 is you do more good deeds, increase good deeds increase money, 2 is increase capital, convert to %, for example 500$ get 100$ will be 20%, so any capital with 20% profit must stop waiting for the next week. Must record, determine the threshold R or % to know when to stop.Understanding this will make you more proactive in trading.