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Are trade journals and book keeping necessary at the beginning?

John Tila

New Member
Spreadsheets & goal-setting is only useful when you have a CLEAR and WELL OUTLINED trade model and a plan to execute with that model. Numbers will confess to anything if you torture them long enough. There must be an objective business plan [sound model & plan] for it to work. There is no holy Trinity to being perfect in the game, all you need is time and sound practice.
 
First learn the basics, fundamentals. Then once you have a good idea of what you are doing, you can get more benefits out of journaling because you would know what you're trying to accomplish
 

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