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One of the crucial trading practices that experienced traders vouch for is maintaining a trading journal ✍️

In today's 🧵, we explore what a trading journal is and how it helps #traders to stay disciplined and organized.

#TradingJournal #cryptofutures
2/ It is important for any trader to have a trading journal to review their trades & identify what works and what doesn't. The planning of futures trades, documentation of existing positions, and recording of emotions are all important aspects of a successful trading strategy.
3/ Components of a trading journal include risk management, trade analysis, trade execution, and strategy execution. By tracking these components, you can get a better understanding of how your strategy is performing. 📈

#cryptotraders
Read 10 tweets
How I got my biggest drawdown of 2022 #trading on 6/14,mistakes to avoid & how Im fixing it: A Thread🪡

Started day with acct Bal@ 7.4k+ was working to 10k &plans of withdrawing half then,rinsing & repeating.Ended close to 5.2k

Beggining of April worked it up from over 2k. 1/16
6/14 Trading Recap $TSLA 1st #trade Entry 9:44am👉🏽 13.80
Exit 9:56am👉🏽 9.00
Size: 2 Volatility was high+at that price 2 cons were too heavy 4 me making it to where mentally I was more reluctant to cut.

🌱This is where hard stops takes the hope+the emotion out of the equation. 2/
I expected more downside room. Should have reacted to price action & what chart was telling. Went over my 1 min chart trendline. It even double bottom & I still didn't exit until it was way further.

🌱Theres no guarantees in the market, so don't marry an idea.3/16

#TRADINGTIPS
Read 16 tweets
#ZOMATO 🍅

Target Achieved 132.25 🎯- and going for more 💰💰 Image
#TATAMOTORS - Melting like ice cream 🍨 Image
Read 4 tweets

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