ForexForex · Lesson 11

Trading Psychology & Journaling

Discipline, bias, tilt control and reviewing your own data.

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  • Revenge trading — sizing up after a loss to get it back.
  • FOMO — chasing a move after the entry has passed.
  • Confirmation bias — only reading analysis that agrees with your position.
  • Loss aversion — moving or removing a stop to avoid being wrong.
  • Overtrading — taking setups that are not in your plan out of boredom.

The antidote is process: a written plan, a fixed risk unit, a session routine and a journal. Log every trade with screenshot, reason, R risked, outcome and an honest note about your state of mind.

Journal fieldWhy
Setup nameShows which playbook actually pays
R risked / R resultNormalises every trade
Screenshot before & afterRemoves memory bias
Rule broken (yes/no)Separates bad trades from losing trades

A losing trade that followed your rules is a good trade. A winning trade that broke them is a warning.

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A winning trade that broke your rules is...

The main purpose of a journal is to...