New feature, everybody! It isn’t 100% done yet, but I think it’s ready for the “input” part of things. We have introduced a trading diary for you, accessible here:
This is an intentionally simple diary, and I want to stress, it is private. I do plan to allow you to share your diary with others, but there is already a part of the form “Private Note” which will not be shared even if you elect to let others see your diary in general.
The form is fairly self-explanatory, but just to review:
- Date: this defaults to today’s date, since it is assumed you’ll want to enter your thoughts when they are nice and fresh (we will be introducing an optional reminder email to prompt you after the close each day to make your diary entry); you can click the date picker to choose any date you like
- Grade: this is the grade you give yourself for your performance. It doesn’t necessarily relate to profits and losses. You may lose money but give yourself an “A” because you executed really well and managed your emotions, and likewise you may make big profits but give yourself a poor grade if you messed up somehow. It’s just a quick-take on how you view your own behavior.
- Best Action: what are you most proud about doing during the day?
- Worst Action: what do you regret or wish you had done differently?
- Private Note: this is optional, and it’s just a place where you can enter something that you don’t want anyone to see, even if you ultimately make your diary public (e.g. “Blew my entire account that I had created to buy Tim some decent clothes.”)
Personally, I have been dying for this feature, so I have cheerfully punched in my entries for the first four days of the year, even though I’d rather forget a few of them already!
Please start using this today! I’d love to hear your feedback (just leave a comment below). Please understand this is not the end of this feature; it’s just the input phase, and we’re going to be improving this as we get your feedback and ideas. I hope you like it!
