Identifying Strengths and Weaknesses
In trading, traders need to identify their strengths and weaknesses. After understanding these crucial factors traders can easily make their decisions about trading. It also helps traders know themselves better and stick to their plans. Your options trading journal acts like a spotlight, shining a light on what you’re good at and where you could use some work.
When you review your journal entries, you’ll start to see trends in your trading performance. Maybe you’re good at spotting certain market trends but struggle with managing risk. By identifying your strengths and weaknesses, you can focus on honing your skills and overcoming any challenges you may face.
