Why Trading journal is important for Successful trading

Trading is a process of continuous learning. If a trader pays close attention to what was done wrong or could have been done differently in past trades, a trader can greatly improve future performance.
For example, a trader may notice that most of trades done after1:30 gives profit and done between 10-11 Am are generally loss making trades. A trader can avoid doing trades in that period.
In fact, by doing a postmortem on all trades, a trader may be able to work on his trading strategy with high degrees of confidence. A trader must make every effort to limit losing trades and a thorough trade postmortem is an important part of each trade.

The trade postmortem and analysis is the final step in closing out a trade. A trade has not been completed until this vital step has been accomplished.

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