Here is an insight into trading behaviour.
A muddled tradelog is a nightmare to assess. But, a painless way to analyse trades is by labelling them after a strategy or an emotional state .
Tagging your trades lets you track them easily.
So what's the advantage of tagging?
Take your mood as an example. By labelling a trade with how you felt at the time offers a great insight into how emotions impact on your trading.
Emotional state could potentially identify differences in your returns. Every professional trader understands how important emotional management is. The pros tag their trades and so should you!
Tagging brings order to a clustered tradelog and allows for quick and efficient analysis. It gets to the heart of what you're best at and helps you find your psychological edge.