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Monday, February 02, 2015

Improve your Cognitive Recognition of TRADING rules, charts and notes




When you have tons of information to remember and its all typed into notes on your computer word processor, its not at the front of your mind.  Daytrading requires making split-second decisions.  Recalling every rule, every chart pattern, every upgrade, every price target, etc. is a daunting task.  As you increase your trading knowledge you get inundated with all of these inputs.

How can you remember it all?


This comes to mind
  • repetition (costly to keep taking losses)
  • study and review books or notes or videos(not enough time)
  • print out rules and place in plain view(words don't stand out)
  • blog about your trading day(suddenly each day sounds the same)


But what helps my memory the most is to do the following:




These simple steps will reduce the stress from slow and/or poor memory recall.  You should be able to make quicker decisions and stop repeating mistakes.


"taking notes with a pen and paper, rather than a laptop, leads to higher quality learning, as writing is a better strategy to store and internalize ideas in the long haul."


Please provide me feedback in the comments section of this post after you try this for a week.

Good trading!

© 1 Trader and jcspe85.blog.com, 2015. 

1 comment:

Shake n Bake Trades said...

Great tip! I always found (in the past) that I retained information better that I wrote it down. I will definitely go back and write down the important rules/info/prices that apply for the trading day ahead!