Essential for Success: Record-Keeping (2 classes fro the price of one)
Session A (Structure): Presentation: 48 minutes. Q&A 20 minutes. Total time 1hr, 8 min.
Session B: (Analysis & Lessons) Presentation: 41 minutes. Q&A 24 minutes. Total time 1hr, 05 min.
Keeping good records allows you to learn from your trades and stop repeating mistakes.
Session One: Good records include much more than dates and prices, but keeping them should be easy, no more than 30 minutes after a day of trading. First, we must input our data in a meaningful way. Next, we need to analyze and draw lessons from it to become a strong trader. Dr. Elder writes in The New Trading for a Living, “Show me a trader with good records, and I’ll show you a good trader”.
Session Two: here you learn how to analyze the data in your Trade Journal to discover your weaknesses and find where you need to focus your attention to improve as a trader. You will clearly see what is working and, more importantly, not working in your trading and what needs to be fixed.
All classes are followed by a Question & Answer period. The total length of a recording, including the Q&A, is slightly over an hour. All recordings include a PDF of the presentation.