The Trading Journal: Monitoring Progress
If you don't measure it, you can't improve it.
What to Record?
- Date & Time
- Strike & Price
- Reason for Entry (Setup): e.g., "VWAP Bounce".
- Emotion during trade: e.g., "Scared".
- Result: Profit/Loss.
- Mistake made? (Did I break rules?)
The Weekly Review
Every Saturday, open your journal.
Find the pattern. "I lose money every time I trade between 11 AM and 1 PM."
Action: Stop trading at that time. Immediate improvement.
*Disclaimer: NSE/BSE frequently revise Lot Sizes and Expiry Days (e.g., SEBI Circulars 2024/2025). Always check the latest circular on nseindia.com before trading.
Standard Disclosure: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. The content provided here is for educational purposes only and does not constitute financial or investment advice. AlgoStraddle Academy is not a SEBI registered investment advisor. Trading options involves high risk and capital can be lost.