I started writing down why I enter trades and it showed me something that made me feel uneasy.
I tried something recently.
Before I enter a trade I make myself write down why I am entering the trade and what I think will happen.
I just write down my thoughts.
To be honest it was not very comfortable.
The reason is that times I did not have a good reason for entering the trade.
It was like I was saying to myself "this trade looks good" or "maybe the price will move".
Writing it down made me see that I did not have a reason.
Sometimes I did not enter a trade because I could not give a good reason for it.
I did not think that something simple would make a big difference.
Now I am trying to do this every time I enter a trade I might even make a program to help me I am calling it SentiQuant for now it is just for me to use.
I am wondering if other people write down their trades, like this.
Does writing down your trades actually help you with your trades?