Track It or Blow It: Why Great Traders Measure Everything
Thu May 08 2025
In this episode, Dan dives into the real edge that separates pros from amateurs: tracking. Whether it’s your fitness, sleep, screen time—or your trades—if you don’t measure it, you can’t improve it. Dan breaks down how consistent tracking leads to better performance, the concept of trading expectancy, and why journaling your wins and your mistakes is the fastest way to real growth. He also explains a common and destructive habit: averaging down, and why it's like giving a raise to your worst employee.
This is your call to get serious about trading—like a professional, not a gambler.
What You’ll Learn:
Why journaling and data tracking are essential for trading success
The true meaning of trading expectancy and how to use it
Why small losses are part of the game—and how to make them count
Why doubling down on losers is the fastest way to blow up your account
The difference between being a trader and a gunslinger
Why TradeTrak exists (and how it eliminates your excuses)
Want more trading insights?
Get my Free Chart of the Day: Stock Trading & Technical Analysis Education & Courses - Stock Market Mentor
Join Stock Market Mentor for just $7 for your first 14 days: Member Signup - Stock Market Mentor
Don’t forget to subscribe, and follow us on:
X: https://x.com/DanFitzpatrick
X: https://X.com/Scottrades
IG: @realstockmarketmentor
More
In this episode, Dan dives into the real edge that separates pros from amateurs: tracking. Whether it’s your fitness, sleep, screen time—or your trades—if you don’t measure it, you can’t improve it. Dan breaks down how consistent tracking leads to better performance, the concept of trading expectancy, and why journaling your wins and your mistakes is the fastest way to real growth. He also explains a common and destructive habit: averaging down, and why it's like giving a raise to your worst employee. This is your call to get serious about trading—like a professional, not a gambler. What You’ll Learn: Why journaling and data tracking are essential for trading success The true meaning of trading expectancy and how to use it Why small losses are part of the game—and how to make them count Why doubling down on losers is the fastest way to blow up your account The difference between being a trader and a gunslinger Why TradeTrak exists (and how it eliminates your excuses) Want more trading insights? Get my Free Chart of the Day: Stock Trading & Technical Analysis Education & Courses - Stock Market Mentor Join Stock Market Mentor for just $7 for your first 14 days: Member Signup - Stock Market Mentor Don’t forget to subscribe, and follow us on: X: https://x.com/DanFitzpatrick X: https://X.com/Scottrades IG: @realstockmarketmentor