The past 14 years that I have been trading the markets have taught me valuable lessons that I have been sharing with my trading community via my social media platforms, this App, blog and Podcast for free. My focus has been on trading psychology which is one of the reasons why there’s so many failures in the markets. I also started a podcast focusing on trading psychology.
Why So Much Failures In The Markets?
A lot of times, traders put more effort on working on strategies while neglecting themselves. I also
fell into the same trap of spending more time working on strategies. I kept on switching from one strategy to another. It was until I realized that I was the problem and I needed to fix me. I have published a podcast episode on this topic, you can listen HERE.
It took me wasting 3 very costly years of my trading career to finally understand that. I am often asked how did I gain such level of discipline and consistency in the market that is constantly devouring traders. My answer to that is very simple, I stopped focusing on strategies and started to focus more on developing myself.
What Did I Do To Change The Situation?
One of the things that helped me stay focused, disciplined and consistent, was keeping a Trading Journal. I think it was around 2013/4 when I started using one. I would just take a normal notebook and note down all my trading activities and it helped me greatly in terms of keeping track of my progress. It also helped me shift my mindset and start to view my trading account as a serious business and an investment instead of looking at it as some cash cow.
I have now decided to publish a fillable, reusable, undated and printable Forex Trading Journal because your girl also wants to move with times. It has been months since Forex With Ntombi Trading Journal has been published and on sale. I have been receiving lots of questions regarding who it is suitable for. I decided to pick the most frequently asked questions and answer them on this post. Below are the most asked questions and their answers.
Is Forex With Ntombi Trading Journal Suitable For Beginners?
Definitely, as I have mentioned above, it really helped me shape up and managed to keep track of my trading activities and to actually stick to my trading plan. I actually wish I started earlier. Journaling helps you form habits and stick to your program. I am a very big fan of journaling, I also keep a gratitude journal and a self love journal.
Just like any other journal, this Trading Journal is your personal space. I also used a journal to keep track of my eating habits and it made it possible for me to stick to my diet and I was able to reach my body goals faster. I have records of how I did it, the foods that are not good for my health and weight. I know this because I journaled everything.
Is The Trading Journal Suitable For Demo Trading?
Yes, I would say that one must start using a Trading Journal as soon as they start trading on a demo account. The main aim of trading on a demo before using your real money is to practice and get a hang of it before you start investing. So if you start implementing all the good behaviors right from demo level, it will be easier for you to teleport those good behaviors and principles into your real account. A Trading Journal does not only help you with planning, it also helps you to stick to your plan. So using it while on a demo is definitely recommended.
Is The Trading Journal Suitable For Any Trading Strategy/Method?
As I mentioned in the beginning that journaling helps you stick to your plan (whatever the plan is). I used journaling to help me stick to my eating plan. So, a Trading Journal is there to help you plan and stick to your trading plan. It also helps you identify areas that need improvement. This is applicable to any trading method or strategy. A Trading Journal is for you to note down all your trading activities as well as track your progress. So the answer to this question is definitely a big YES.
Is Forex With Ntombi Trading Journal a Hardcopy?
NO, it is a soft copy that is INSTANTLY available for download after purchase. You can purchase HERE (see WhatsApp “Chat with me” tab, should you have any questions.
Do I have To Purchase a New Journal Every Year?
NO, Forex With Ntombi Trading Journal is undated and re-usable. You only purchase it once and use every year. You can also JOIN MY AFFILIATE PROGRAM and EARN 20% commission for every copy sold. This will also help me spread the word and help more traders to get organized, track their progress, stick to their trading plan and gain consistency.
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