TJS for Traders-R-US
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We'll send you a temporary password to login with, after which you can change it to whatever trading journal spreadsheet coupon like. With approaching closer every second, there is never a better time than now to improve your trading or investing techniques by incorporating positive practices.
This post will delve a little deeper by actually suggesting a way to recap your trades and thoughts throughout your trading day. This idea is adapted from a post by Tim Grittani, a Tim Sykes "prodigy.
Grittani developed the idea of spreadsheet trading analysis all by himself, trading journal spreadsheet coupon im just citing my sources. Grittani on twitter kroyrunner For the last two months or so, I've adapted a Trading journal spreadsheet coupon "trading journal" for the purpose of recapping my trades throughout the day and providing my thoughts starting from entry to exit on trading journal spreadsheet coupon trades.
Think about it, im sure you've heard the analogy "trading is a sport" or something along those things, and those sayings are somewhat true. Professional athletes dedicate their entire life to their craft.
Practicing, reviewing, trading journal spreadsheet coupon improving With that said, my trading journal isn't anything complex by any means. I record a journal daily using excel, definitely nothing cutting edge.
I make sure I note my watch-list and note any important information regarding the days session. This might include something like, "fed day" or "major news" etc. Then, the rest of my spreadsheet consists of the following:. Your journal should incorporate features that are specific to your trading as well. You can add fields such as "expiration," "underlying," etc.
Which fibs are acting as strong levels? The whole point of this exercise is to recap your plays after the fact to improve on your future trading. Take my example before. Had I have not noticed that my worst trades were in the first 5 minuets of the trading day, I would've probably kept losing money to this day during that period of time.
This is all about building a smarter trader. I attached a blank excel template for anyone to download HERE. I hope this helped provide some insight and provoke some of you to continually improve your craft. The more you can hone in on what your strengths are, the more you can maximize and capitalize on them. Sign up for WatchHimTrade. WHT reserves the right to change trading journal spreadsheet coupon Agreement from time to time.
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