This content was created by Kardec Trader. This content was uploaded by Kardec Trader. This is a YouTube video titled "This trading hack helped me become a profitable trader!" created on September 30, 2023. It features a speaker sharing personal insights and strategies for managing emotions and improving trading performance by documenting thoughts and observations during trading sessions.
Chapters
This is something that's helped me a lot in my trading is early on when I would allow my emotions to hijack because I didn't have the strongest confidence ability in my edge or I would be too fearful of losing money, I would start writing things down. While I'm trading, while I'm looking at trade, I will start writing stuff down. I'll say, well, this is what I'm seeing. And I would do it every minute or two minutes, right? I would just write down my thought process. That thought process would mentally help me stay calm. That thought process would give me the ability to follow my edge because early on, obviously, I don't have the confidence to follow through with my edge or follow through with my thought process. Even talking out loud to myself sometimes helped me put that to the side. So for new traders, I would recommend, you know, if you're having a difficult time, just write down what you're seeing in the market. Ignore your P and L say, this is what I'm seeing, this is why I think this is happening. And then go back to the notes after the session is done. You'll be blown away by what you read.