It is a tool to help you improve your trading skills.
It helps you to catalog every trade in meticulous order to study what you did during the workday and constantly improve.
By recording every trade you make and entering specific technical details, you will create a database of all your trades.
The easy point of this journal is the meticulous cataloging of your trades.
The ultimate purpose of this journal is repeated study, with the ultimate goal of highlighting your mistakes and correcting them.
This will happen by reviewing each of your trades and filtering their characteristics.
For example, you can ask the system to show you every trade where you entered long on a breakout above the day's highs.
Or you can review every trade where you entered on resistance or support while the MACD communicated a divergence.
By looking and reviewing every trade, you can understand your strengths and highlight them, and at the same time, you can improve every mistake.