School of the Fox in the Sky - Episode 1: How to Write a Trade Journal and How to Think About It — Metacognition and Language
The Sky Fox School of the Heavens is currently published from Issue 1 to Issue 5
In the Basic Edition, we propose fundamental trading techniques.
Issue 1: Partial excerpt is listed
1. How to write a trading journal and mindset: meta-cognition and words
How to write a trading journal,
This is an example of a trading journal; I write it exactly as it is distributed in the newsletter.
The trading journal mainly consists of the following three items.
• Trading scenario: technical points
• Meta-cognition and words: organizing the mind, inner reflection
• Reflections and improvements: skill up and flexible imagination, problem-solving ability
If you only write the technical points of the trading scenario, it would look like the following.
Trading journal memo
Main scenario
Bitcoin to Yen
Rising
Technical points: 10,000 20,000 30,000
Counter line: 950 750
Counter scenario: 950 ⇒ 750 ⇒ 500 Key point: below 750 accelerates
Change date: 1/25
Watch the Shanghai Composite Index in China and USDCHF. Autumn party meeting; be cautious in the latter half of the year
Trading Scenario: Technical Points Regarding the trading journal, I carefully remember the important chart development imagery, the scenario forecasts, and the numbers of the counter line. Therefore, if the memory is vivid, I may not write it down.
I write by hand or on a computer, steadily, or I may not write at all. Why is that? When writing the trading journal, I ask whether it clears my mind. That is the criterion. When the market is clear, it’s fine; but if I cannot obtain certainty and it only increases worry, I will write to organize the market’s development. I write to learn from later insights and reflections, to organize my thoughts and foster growth.
The Sky Fox School curriculum is posted on the bloghttp://firmamentfox.tumblr.com/
