ForexForex · Lesson 11
Trading Psychology & Journaling
Discipline, bias, tilt control and reviewing your own data.
Video tutorialTrack course · Trading Education
Speed
Transcript & captions
10/10
- 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 field | Why |
|---|---|
| Setup name | Shows which playbook actually pays |
| R risked / R result | Normalises every trade |
| Screenshot before & after | Removes 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.
Knowledge check
0/2 answeredA winning trade that broke your rules is...
The main purpose of a journal is to...