Listen to the audio episode:
Get The Complete Price Action Strategy Checklist!
The Power Of A Trade Journal For Success
In episode 458 of the Desire To Trade Podcast, we will be listening to the recording of an interview with pro trader Rolf Schlotmann and they discussed the power of a trade journal for success. Learn the key metrics traders should track to get better and consistent results.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- [00:00] Introduction
- [00:29] What’s new with Rolf
- [02:20] Why do traders need a journal?
- [04:01] Following trading rules for consistent results
- [05:20] Helpful features of a journal
- [06:22] Analyzing past trades for better decision-making
- [07:28] Tracking data with Edgewonk
- [08:17] Key metrics to track for trading success
- [09:32] Improving one aspect of trading at a time
- [10:43] What’s a good target for efficiency?
- [13:03] The importance of sample size thinking
- [15:30] The new interface of Edgewonk
- [16:41] Learn more about Edgewonk
- [17:45] Difference between traders who win and those who lose money
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources
- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
About The Desire To Trade Podcast
-
- Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
- Subscribe via Stitcher
- Subscribe via TuneIn
- Subscribe via Google Play
- See all podcast episodes
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
Learn more about Edgewonk
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
