The idea of the trading journal is to help the trader improve his trading skills, learn from his mistakes and success, and remove bias from the trading. Profit is the most important metric any trader need. But, to be profitable he needs discipline, good strategy and to control his mind and emotions. Unfortunately some traders let their bias take control of their trading and they keep a long record of losing money
The aim of this journal is to help with personal bias and to make you a better trader. You will be able to find if you are profitable or not. What type of trading is more profitable, futures, margin, spot? Is day trading more profitable than swing trading? How your emotions impact your trading? Are you been disciplined and keeping your strategies or you are changing it as you wish? What’s the most profitable strategy? What are your mistakes and success?
Use this journal to improve your trading skills and become a successful trader.
Why use Coda?
Spreadsheets are awesome and many traders use it to journaling. But, there are some drawbacks: if you change something you can broke your spreadsheet, it’s not a real database, you cannot easily find or add information, it’s hard to customize and you can’t see the same info in different ways.
Coda fixes all this problems and give a clean trading journal view, it’s easy to compare information, create reports and you can make changes without breaking everything. Also, you can view your trading the way you want, find new metrics and you can also build more apps, like a to-do list, insert
Coda has a limit of tables, pages, formulas and rows in the free account. This Doc was made for those who want to try Coda before buying a paid account. The first level is $10. Since there are limitations this Doc is missing some fancy reports. You can check the more complete Doc here.