Reassesment of your Tradings/Investments

After trading for a while it is good to do some reassessment. How did your trades go these last couple of months? Why did they go well or why did it go bad?

In my case , I have made an return on investment of 19,3% so far this year. Its important to keep a trading journal. Because with the trading journaal you can keep record of why your trades went good and why some of them went bad.
Those records gives important information for analysing your performances. Sometimes it is not easy to keep an everyday journal of your trading as life can be sometime very hectic. Especially when you also run another business.
How to create a good trading journal?






A good trading journal consist for me the following parts:

1. Tradingsplan
2. Record the time after you have enter a trade and record the time after you have exit the trade
3. Record the result : Did you make an profit? Or did you made a loss?

With the outcome of the trading journals you can do an reassessment and improve your profit on your investments.

An example of a good trading journaal

A good Tradingplan

A good trading plan must answer the following questions :

1. Why do i want to do this trade?
2. What is the maximum of money that i am willing to risk in this trade?
3. At which price do you want to buy?
4. What is the maximum loss that you are willing to take on your trade?

Here is good youtube video on about how to create a trading journal.