Kardec Trader explains why reviewing individual trades matters. After a big opening win, traders tend to double size on the next trade even when they shouldn't. Journaling reveals these patterns before they cost you.
When I put in my trades, I'll start going through it. I'll say, okay, well, I took the first trade. What happened? Where did I get in? Where did I get out? Why did I enter here? Why did I exit here? What happened after I got out the trade? Sometimes I'll get out of a trade, and the trade runs more. Well, why did I get out? There's sometimes my first trade of the day, and I realized that about myself. My first one to two trades of the day can dictate my next few trades. If I have a strong opening trade or a bad opening trade, I should just call it a day. I've had days where, like, on the open, I'll make 40 grand and then the next trade, because of that confidence, I'll size up. I'll lose 20 or 25 or maybe lose more. And I've learned that through journaling. And I'm like, hey, I've noticed my size stays at this current level at trade one. But trade two, my size goes up double. Why is my size going up double when I just had a good opening trade? It shouldn't go up double. It should stay the same or go down.
