Trading journals are used by professional traders to keep track of certain market data, such as futures numbers, scan numbers, and market condition for each trading day.

They also can provide a place to write down information about the market such as news events, and sudden surprises. They should have a place to write down your thoughts on the market as well as your forecast for the next trading day based upon your Market Condition Analysis.  This will guide you as to whether you are doing the Market Condition Analysis correctly.  You should be able to forecast the market day to day with a high degree of accuracy. Traders can also have a place to write down study picks and watchlist stocks.

By using a trading journal to document a variety of aspects of market data, a trader can look back in time through the journal to see how the market behaved in a similar situation.

Trading journals do not need to be complicated or time consuming to fill out each day.

TechniTrader® provides students with a Trading Market Journal, which is included at no cost in the TechniTrader® Methodology Course, and the Position Trader’s Trading Journal is included in the Elective Position Course.  Other Elective courses also include journals specific to that trading style.

TechniTrader® Trading Journals can be purchased separately from courses by calling registration at 888-846-5577.