Sunday, August 3, 2008

The Importance of Trading Records / Diary

Records are more important to your success than any indicator, system, or technical tools.
Even the best system is bound to have some holes, but good records will allow you to find them and plug them up.
A person who keeps detailed records makes a huge leap in his development as a trader.

Show me a trader with good records, and I’ll show you a good trader.

Dr Alexander Elder, Come Into My Trading Room

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