Think Like A Trader Blog

Friday, 10 March 2017

Do it For You

Learning to trade shouldn't be about following a 'guru', throwing buckets of money at them and doing exactly what he/she says.

You should be aiming to build your knowledge, learn more every day and hone your discipline with the aim of becoming an independent, successful trader.
That is why I always promote the use of an in depth diary to all my students. Not merely recording trades, but learning from them, finding your strengths and weaknesses so you can make that improvement and transition to a trader. I am happiest when a student emails saying 'Ok, I'm going to go this alone now, thanks for the help.'

The below screenshot is from a student who has been using the diary the way I outlined, and has already started spotting things that are tricking him into trades.
Build your skills and learn to do it for yourself.

No one else cares about your well-being like you do, so there is no one else you should rely on to take care of it for you.

Have a great weekend everyone!

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