Study Journal #1

Introduction

Every student should have a study journal. In this, you will write down your observations, experience, comments given by our mentor and everything that you decide to be important.

You always write your study journal with the benefit of hindsight. It does not matter if you can already see it before it happens or if you see it after it happened. This will teach your brain to see the algorithms footprints right when they form.

With a growing study journal you will grow your experience and the trust in your experience. During times when you feel like you fail, you look back into your study journal. You will see that is it very possible to read the footprints of the algorithm and you see all the positive entries that you have written down during your studies.

In your study journal you will only write down positive. If you did something wrong, or had a negative experience, you will formulate it in a positive way.

Example: You moved your stop loss further away from your entry than it was at time of entry. Everyone has done this. Do not feel bad for it. But what you write in your journal is something like this:

“Look how fast it ran against all the (long/short) positions. This is why it is important to have a stop loss. My stop loss will protect me when the market goes haywire like this”

In this series, I will write such a study journal for you and me during my studies of the index futures. This study journal is written based on the 2022 and 2023 mentorship by Michael J. Huddleston.