How do I start a forex journal?

Always begin the journal before the trade, and end it after the trade.

1. Always begin the journal before the trade, and end it after the trade.
2. Write down everything.
3. Pay very close attention to your emotions.
4. Make sure the journal includes observations about you and your trading and about the forex market.

What should be included in a forex journal?

All right, here are our 5 “must-have” elements of a forex trading journal:

1. Potential trading area.
2. Entry trigger.
3. Position size.
4. Trade management rules.
5. Trade retrospective.

What is a trading spreadsheet?

A trading journal records decisions made in the market so you can see any errors in discipline, risk management, or process. If you can measure it, you can change it. If you are mindful of your behavior you can learn from your own errors and stop making the same mistakes over and over.

What to write in a forex trading journal?

In contrast, the rows will contain the trades. This will eventually allow you to find the trades in the chart and go to review them. In the notes, it is important to be brief and write critical comments such as emotions at the time of opening the trade, the reasons for opening, closing, obstacles, doubts, etc.). Winning percentage of the strategy.

How to create a trading journal in Excel?

Building a trading journal is relatively simple for anyone with the necessary computer skills to create an Excel worksheet: the columns will contain the categories. In contrast, the rows will contain the trades. This will eventually allow you to find the trades in the chart and go to review them.

Where can I download the free trade journal?

To download the free trade journal please visit the link below. Pure Financial Academy Affiliate Program – Earn Mo… How to find the Best Trading Strategy for Futures,…

What happens at the end of a Forex trade?

The trade will be ended with a profit or a loss, but nothing you have written in your trading diary or trading journal. The next year these days, you will want to take stock of your trading activity. You will have profits and losses, but they will be only numbers.

https://www.youtube.com/watch?v=eCLHxa6KErU