Trading journal
Risk & psychologyA written record of each trade’s reasoning, made before the outcome is known.
In plain terms
Memory rewrites your reasoning to match the result. This is the only defence.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
A written record of each trade’s reasoning, made before the outcome is known.
Memory rewrites your reasoning to match the result. This is the only defence.