Trading is an art. By being aware of your intuition and your feelings, you may find that you are able to trade in unique and different ways. The only way to discover that is by documenting it. The information can be maintained separately or right on the charts that you use to execute trades. The key is to document your emotions, logic, and reasoning for entering and exiting trades. Through the accumulation of 10, 30, or 100 journal entries, you are able to reasonably determine how well you are doing.
You are also able to figure out risk management scenarios while using it. The trade worksheet helps to narrow down your focus and gives you a level of comfort on what can and might happen regardless of the outcome. You design hedge scenarios along with speculation scenarios together to make it work to the best of your account's ability.
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.
A parent must know what level of math and any other subject, for that matter, that their child is performing at every school year. When children enter kindergarten and the school recommends that children know their ABC's and know how to count to twenty or whatever number, it is the parent's responsibility to make sure the child is prepared prior to enrolling in school.