Optencis Edge › Chapter 3 · Managing your moneyLesson 10 of 17
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Your journal, your best coach

Chapter 3 · Managing your money · 7 min read

Memory is a poor judge of trading. It keeps the big wins and the painful losses, and forgets the hundreds of ordinary trades in between, which are exactly the ones that tell the truth about your method.

A trading journal fixes that. It takes about a minute per trade, and it gives you something no indicator can: a clear picture of what works for you, on which assets, at which hours. It is the coach that watches every trade you take, and never forgets.

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Next · Lesson 11 · 9 minThe calm that protects your capitalSimple rules that keep your decisions clear after a loss and after a winning streak alike. Unlock with a free account

Binary options are high-risk products and you can lose all the money you invest. This course is for education and information only. It is not investment advice.