Trading Stocks Review My Stocks Trades
When it comes to reviewing your stock trades as a trader the first thing that you should have is a list of stock trades in your stocks journal. The list of stock trades should have some winning stock trades and some losing stock trades.
How to Review Stocks Results
After you have a list of winning stocks trade and losing stock trades then the first thing that you will review is the win rate of your stocks system. For example if you have a record of 20 stock trades in your stocks you will first count your winning stock trades & then after that count your losing stock trades. If you have a total of 14 winning trades & a total of 6 losing trades then the win rate of your stocks system is 70%. If using another example you have 10 winning stock trades and 10 losing stock trades then the win rate of your stocks is 50%.
What this means is that if your stocks strategy has a win rate of 70% it means your stocks system produces 7 winning trades for every 10 trades - if your stocks strategy has a win rate of 50% it means your stocks system produces 5 winning trades for every 10 trades - The higher the win rate of your stocks strategy the more profitable your stocks system will be.
Therefore, as a trader the first thing to analyze is the losing stock 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 stocks.
Then review the profitable stock trades and identify why the winning trades produced a profit and try to factor in these factors the next time you are opening a stocks trade so as to improve your stocks results based on the analysis that you will have done from the review of the winning stock trades from your stocks 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'll then try & include these factors in your stocks 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 trades.
You will also review the loss per trade and once you have reviewed the loss per stocks trade you try to identify the factors which produce the losing stock trades that have more losses per trade. You will then try to reduce these factors which are common in most of the losing stock 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 stocks trade.
As a trader keeping a record of all stock trades in a stocks journal and recording the details of the stock trades will help you to have a record of trades that you can later review and from the analysis of your recorded stock trades you can then find ways of improving your stocks results based on the analysis you carry out using the review of the stocks trading journal trades.
Trading Stocks Review My Stocks Trades - Trading Stocks Review My Stocks Journal Trades - How to Review Stocks Results - What are the Aspects to Review in a Stocks Journal
