Are trade journals and book keeping necessary at the beginning?

[John Tila]

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.

 

[desofm]

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