If you are a swing trader or a position trader, it is easier to maintain a trade-by-trade trading journal. However, a day trader or active trader may find it difficult to document each trade, so a general sentiment of how he is maintaining his system and the overall sentiment on the day may be more appropriate. As you learn some of the various risk management techniques, it will become simpler to use a trading journal on a per-trade basis. Until then, let's take our time.
There was a time that the United States of America had some of the highest mathematic scores in the world for students in grades k through 12. A lot has changes since those days, and in order to help children get back on the path to being good mathematical students parents need to play an important role.
School administrators, teachers and parents are also able to use the computer-based programs much like the former means of checking math worksheets on students' homework.
The trade worksheet helps put you in control of your trading. Calculating your profits and losses ahead of time lets you know if the risk you are taking is a risk worth taking. This is how you gain control of your trading. You become prescient on whether the opportunity you are taking is a good one or not. This puts you ahead of the majority of traders who simply fly by the seat of their pants.