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Old 03-11-2008, 10:17 PM
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Join Date: Jun 2007
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Re: Holding Yourself Accountable

Blowfish, I completely agree that a simple thread saying how many trades we took and points we get is a waste of time. That's why I'm leaning more towards the template idea that we can fill out. This way we can visually see trends in our trading, and what gaps need to be filled. I also believe that setting goals will help, and then by using a template that grades our trades we can see our inefficiencies and possibly what aspect of our trading is helping is get our goal or push us away.

Here is currently what I have laid out, it's still a work in progress but input is appreciated. What I have here is the ability to grade each trade, then track the P&L and grade on a daily basis. From there you can use graphs, or whatever works best to track your progress. There is also a section for emotional trades, and those receive an automatic 0. If it's a trade you take on a repeated basis but is not in your plan, add it then it won't be an emotional trade.

p.s - all that input I added was random. Not my trading or P&L

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