A buying and selling journal is a device that helps merchants observe and analyze their trades. It may be used to establish patterns, enhance buying and selling methods, and handle danger. There are numerous various kinds of buying and selling journals, however the absolute best buying and selling journal excel file obtain will embody the next options:
- A technique to observe your trades, together with the date, time, image, amount, worth, and revenue or loss.
- A technique to analyze your trades, together with your common win price, common revenue, and common loss.
- A technique to handle your danger, together with your most drawdown and your risk-to-reward ratio.
Buying and selling journals have been utilized by profitable merchants for hundreds of years. By monitoring your trades, you may establish patterns, enhance your buying and selling methods, and handle your danger. In case you are critical about buying and selling, then you need to use a buying and selling journal.