Want to know the one thing that separates successful traders from the ones who lose money?

The essential why some traders have extraordinary crypto trading results, and others struggle?

👉 They do the boring stuff.

They are willing to do the things everybody knows they should do. Yet, most don’t do it because it is simply too boring.

One of these tasks is documenting.

Frankly speaking, I don’t like documenting either. However, I found out that documenting is one of the trader’s most powerful weapons.

You may ask yourself how or why documenting should improve your #crypto trading results.

Here’s the short answer: It directly creates two huge benefits.

1️⃣ Documenting requires time, but this time is ideally invested. It’s time I take to reflect. Thus, it’s been a source of hundreds of findings and improvements.

2️⃣ By documenting, you create a rich source of data. The more you document, the more you can analyze and improve.

✅ The best part 1: It's a simple tool everybody can use to improve results.
✅ The best part 2: You can start immediately. You don’t need skills, experience, or anything else. You just need the willingness to start and the commitment to document consistently.

Here’s a tip based on my experience:
When I started documenting, I was super skeptical (boring work, no benefits, I just wanna trade $BTC ,...).

So, I created a challenge:
I created a baseline set of KPIs (win rate, average win, average loss, etc.). I committed to document every trade for 3 months. Afterward, I would re-assess the KPIs

If the KPIs didn’t improve within the 3-month timeframe I would stop documenting.

Here’s what happened:
→ During the first month, nothing spectacular happened.
→ During the second month, I started to adjust my strategies and behavior based on the findings.
→ By the middle of the second month, I could already see how my results started to improve.
→ This process accelerated massively during month 3.
→ Even before the end of month 3, I started to create additional templates to document even more.

Summarized: One of the best decisions I made!