How to Record a Trade Recap for Better Investing Insights

Hey there! So, you wanna know how to record a trade recap for better investing insights? Sounds super serious, right? But hang tight cause it’s like trying to teach a cat to fetch! It can be messy but totally worth it in the end.

Imagine you just bought a shiny new toy car. But then it crash into your dog’s chew toy. Then you write down what happened so you remember NOT to do that again when buying your next toy car! That’s kinda what trade recaps are about, but instead of toy cars, we’re dealing with money and stocks. And they don’t squeak when you shake them.

So let’s jump into this fun world of trade recaps and learn how to not make our wallets cry!

Step One: Grab Your Notebook
Okay first things first. You ain’t gonna record stuff on a napkin or the back of an old pizza box. Nahh, that’s for late-night munchies! Get yourself a notebook or open a Google Doc or whatever floats your boat. Just something that won’t get lost in the chaos of your sock drawer.

Step Two: Write Down What You Did
Now, time to channel your inner scribe. Write down what trades you made today. Like “I bought 10 shares of AwesomeTech and sold 5 shares of BoringInc.” It’s like telling the story of your stock day!

But don’t forget to gush over your triumphs like some kind of stock superhero! Be all like “Today I saved $50 by selling at the right time!” Woo-hoo!

Step Three: Feelings Matter, Dude
And here’s where it gets mushy – write down how you felt during each trade! Were ya scared? Happy? Did you freak out and drop your sandwich when stocks went up? That’s gold information. Those feelings come back later and help you understand why you made those choices.

Like if you’re always crying while trading maybe invest in tissues too.

Step Four: The What-If Game
Play the what-if game cause it’s fun and makes ya think! Ask yourself questions like “What would have happened if I didn’t sell BoringInc?” Or “Should I have bought more AwesomeTech?” Think about possible outcomes while munching on your favorite snack (not pizza this time).

This is where the magic happens because learning from our mistakes is way better than accidentally buying more dog chew toys.

Step Five: Learn From Mistakes
Mistakes happen; it’s like getting ketchup on your shirt during lunch—annoying but hey life goes on! Make sure to highlight what went wrong in every trade recap session.

If you lost money on BoringInc because it was actually boring and not exciting at all, well note that down! Next time avoid stocks that sound like they’d put grandma to sleep.

Step Six: Time To Review
After some time has passed (like waiting for ice cream to melt), review those past recaps! This is like looking through old photos from awkward family reunions. You see things differently now!

Ask yourself what worked, what didn’t work, and why did that haircut look cool back then? Uh-oh… but this will help improve future trades.

Step Seven: Share The Laughs
You’ve done all this work so why keep it hidden? Share your fun findings with friends who also love trading—or even those who hate sports but want tips anyway.

Text them funny parts from your recap or show them how much money you saved by avoiding disaster trades with BoringInc!

FAQ Section

Question: What should I write about?
Answer: Write about trades, feelings during trades and any mistakes or successes!

Question: Do I really need a notebook?
Answer: Ughhhh yes!! A napkin might get wet from spilled soda then you’d lose all ur wisdom.

Question: Can I use my phone instead?
Answer: Yup! But don’t distract urself scrolling through memes cause those are tempting.

Question: How often should I do this?
Answer: After every trading day or week depends on how much fun u had—and how much food u ate.

Question: Will my friends think I’m weird?
Answer: Maybe but weird is cool dude! Plus you’ll be rich one day so who’s laughing now?

Question: Can I include jokes in my recap?
Answer: Absolutely 🤣 Jokes make everything better—even losing trades can become funny stories!

Question: Am I really gonna learn from this stuff?
Answer: Oh heck yeah!! You’ll become a stock wizard before long—it’ll be awesome!!

So there ya go folks—recording a trade recap isn’t just smart; it’s hilarious too. You’ll laugh at mistakes later while maybe crying at dinner while remembering those stocks were never meant for excitement anyway. Happy trading and happy recapping!