Well, it depends on you. Are you a book worm? Are you an analyzer?
You know… Blah… Blah…
I do not use a journal. I am pretty happy with my results.
And I plan to be rich in the future.
Trading without a journal is like having a business without a business plan.
I have seen business owners with or without a business plan. I have seen
both groups succeed.
Business plan is nothing more than a plan to get a loan. I certainly
don’t need a loan. A trading journal will only confuse me more. Why?
I can have two entries with the same reasonings. One was a success.
The other was a failure. There are too many factors out there for
failure and for success. Hence, it would be difficult to rationalize from
my own journal.