In this video we will be discussing the importance behind data collection and tracking your trades in some form of trade journal. There are a number of different ways to record data when trading however in this video we touch on the different types that are available to you and then focus on a tool called notion. When journaling trades it is especially important in the early stages to make sure that you are recording the right kinds of information that will best help you to identify what may be working in your plan and what may need taking out or improving. We will talk through a number of different variables that you could focus on and give another full trade example where you can see the data recording process to give you ideas on how you want to go about it when gathering data for yourself. There are a bunch of ways to gather and record data so you want to pay attention as to what will work best for you so that you can optimise the process as much as possible and be confident that you will pick up on mistakes made or areas where you could improve.
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