Trading Stock Indices Review My Stock Indices Journal Trades
When it comes to reviewing your stock index trades as a trader the first thing that you should have is a list of stock index trades in your stock indices journal. The list of stock index trades should have some winning stock index trades & some losing stock index trades.
What are the Aspects to Review in a Stock Index Journal?
After you have a list of winning stock indices trade and losing stock index trades then the first thing that you will review is the win rate of your stock indices system. For example if you have a record of 20 stock index trades in your stock indices you will first count your winning stock index trades & then after that count your losing stock index trades. If you have a total of 14 winning trades and a total of 6 losing trades then the win rate of your stock indices system is 70%. If using another example you have 10 winning stock index trades and 10 losing stock index trades then the win rate of your stock indices is 50%.
What this means is that if your stock indices strategy has a win rate of 70% it means your stock indices system produces 7 winning trades for every 10 trades - if your stock indices strategy has a win rate of 50% it means your stock indices system produces 5 winning trades for every 10 trades - The higher the win rate of your stock indices strategy the more profitable your stock indices system will be.
Therefore, as a trader the first thing to analyze is the losing stock index trades and find the factors that made these trades to produce losses - then after that try not to repeat the same mistakes next time when trading stock indices.
Then review the profitable stock index trades and identify why the winning trades produced a profit and try to factor in these factors the next time you are opening a stock indices trade so as to improve your stock indices results based on the analysis that you will have done from the review of the winning stock index trades from your stock indices journal.
Next thing that you will review as a trader is the profit per trade - once you have reviewed the profits per trade you'll then identify the factors that are common for the trades that produced more profit per trade - you will then try & include these factors in your stock indices so as to improve the average profit per trade for each trade that you will open. This will try to help you to improve your trading results as you continue trading and including more of the factors that help to produce winning stock index trades.
You will also review the loss per trade and once you have reviewed the loss per stock indices trade you try to spot the factors that produce the losing stock index trades that have more losses per trade. You will then try to reduce these factors which are common in most of the losing stock index trades and this way if you can identify factors which are producing more losing trades then you can help avoid making these mistakes the next time you open a new trade transaction.
As a trader keeping a record of all stock index trades in a stock indices journal and recording the details of the stock index trades will help you to have a record of trades that you can later review and from the analysis of your recorded stock index trades you can then find ways of improving your stock indices results based on the analysis you carry out using the review of the stock indices trading journal trades.
Trading Stock Indices Review My Stock Indices Trades - Trading Stock Indices Review My Stock Indices Journal Trades - How to Review Stock Indices Results - What are the Aspects to Review in a Stock Indices Journal
