Stock trading journal

Successful traders keep their trades in stock trading journal.

It helps them to develop trading discipline. Regular analysis of trades should be done. You'll learn more about how to improve your trading performance from keeping a journal than from any market guru.

This written list of trades helps you to trade with more confidence knowing that your system stands up to statistical scrutiny over a period of time. It also allows you to discover good and bad trading habits and how they are affecting your performance.

And definitely you will be able to start trading for a living since you will understand your system better as you can review your performance in a more structured and consistent manner.

However, keeping records is hard and boring. You can write daily journal for trading stocks to spreadsheet table.

But there is much better way how to have your own personal trading journal. There is StockTickr .

The StockTickr site is an easy way to keep track of your trading. You simply enter your trades as you make them and StockTickr generates valuable reports that let you evaluate your trading from different angles so you can figure out what is working and not working with your trading.

Most traders repeat the same few mistakes over and over without ever realizing it. StockTickr allows you to learn from your mistakes so you can prevent them and become more profitable.

You can also use automatic import of your trades from your trading software. It could save a lot of time if you are daytrader with a lot of trades every day.

I personally use StockTickr for a long time. I can really recommend this service. It had its issues but Dave (the creator of this great online journal) is really friendly and supportive. Last time I suggested some add-on to service it take only few days to be added.

Watch and evaluate this great online journal yourselves.

Also read more tips how to use features of StockTickr in my personal free stock trading newsletter.

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