The Power Of A Trade Journal For Success

In episode 458 of the Desire To Trade Podcast, we will be listening to the recording of an interview with pro trader Rolf Schlotmann and they discussed the power of a trade journal for success. Learn the key metrics traders should track to get better and consistent results.

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

• 00:00 Introduction
• 00:29 What’s new with Rolf
• 02:20 Why do traders need a journal?
• 04:01 Following trading rules for consistent results
• 05:20 Helpful features of a journal
• 06:22 Analyzing past trades for better decision-making
• 07:28 Tracking data with Edgewonk
• 08:17 Key metrics to track for trading success
• 09:32 Improving one aspect of trading at a time
• 10:43 What’s a good target for efficiency?
• 13:03 The importance of sample size thinking
• 15:30 The new interface of Edgewonk
• 16:41 Learn more about Edgewonk
• 17:45 Difference between traders who win and those who lose money
• and much more

What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!

Desire To Trade's Top Resources

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• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• Recommended brokers:
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  • AxiTrader (use our link to get a special bonus)
• Desire To TRADE Academy

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What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

Learn more about Edgewonk

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What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!