counter_violent
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I do read some utter cr*p on this board.
I am one of the people that Boardome referred to that keeps a trading journal in the form of a blog. It is private and you won't find it if you google it and I am not looking for any glory.
I started it because I have a mentor who does not live in the same country as me and it was a useful way to show my trades, my thought process and gives a good overview of my risk also. I also include my analysis and trading plans. Since starting it I have invited a few fellow traders who are interested to see it and that has given me very valuable feedback.
For me the discipline required to maintain a journal and set down my trades, my reasonining and plans for those trades, along with subjecting them to public scrutiny (if only from an invited few) has been hugely beneficial to my PnL. It has helped my focus and my emotional discipline and functions as a kind of self-imposed quality control for my trading.
The comments section when I am asked to explain a trade or a profit target or my reasoning is also very useful to me. More useful than pats on the back or massaging ego.
GladiatorX - I actually think that someone who does not have the discipline to maintain a journal for any period of time probably does not have the determination or discipline to make as a trader either.
This mentor...is it someone we know ?
I seem to remember you mentioned an old guy who died, so just wondering if this is a new mentor you speak of.