Also, when the child is in the second or third grade and their child can't add simple two digit numbers, it is up to the parent to make sure that their child gets the extra help needed to become successful. Parents cannot wait on the school every time their child has an academic deficiency. Part of being a good parent is making sure that your child functions at the correct grade level throughout their academic career.
If you are not willing to do the math, do you really deserve the profits? When you are investing in such a highly leveraged investment, it's important that you understand the basics of the trade, the value of what you are putting into it, what you are getting out of it, and all of your potential loss scenarios.
Another strategy involves allowing your child to spend some time on a computer playing math games. The computer can be a wonderful resource that supports math and other subject area skills. Software is available that will measure a child's math skill level.
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.