Kardec Trader walks through questions to ask yourself after every trade: what emotions drove your entry, how did you react near your stop-loss, why did you size up, and whether you traded an edge or chased losses. The goal is spotting the psychology behind your decisions.
If you want to take this game serious, you have to know the answers to these questions. Now, when you start going through these trades individually, you need to be writing down your thought processes. How did I feel when I took this trade? How did I feel as this trade moved? When this trade started going down to my stop loss, did I actually want to sell and hit my stop, or did I not want to hit my stop? Did I add more size because I thought the trade was a good idea? Or did I add more size because I wanted to make more money? Those are two different things. Did I. Did I take this trade because I had a real edge, a real probability behind this trade? Or did I take this trade to recoup my losses? Or did I take this trade because I was blinded by my confidence or I saw other people taking on a trade and I wanted to follow? So these are questions you should be journaling. These are questions you should be asking yourself to go deeper on what are the reasons you start taking some trades?
