else you may find usable for logging your trades. To be even more specific, it is about your individual emotional psychology before, during, and after the trade. A trading journal isnt just about writing in the prices of your entry and exit and the time you executed the trade. Forex traders keep trading, journals. BUT I have to follow my trading plan so Ill take. With the organizational tool, you are better informed on how to set your trading parameters on where you wish to open a position, how to proceed in the trade, your profit target, and your risk management. World-class athletes do it to keep track of what helps them to be better, faster, and stronger on the field or court. But your gut feeling tells you that the trade.
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Im such an idiot! Replies: 2,559, views: 23,604, today, replies: 86, views: 5,967, yesterday. Take-profit in pips divided by the stop-loss in pips. Keeping forex journal software is one really good way of verifying your trading methodology. This helps you to understand yourself better as you can make references to your journal for great performances an also make corrections where necessary. Date Closed date when the trade was exited. The content of this article reflects the authors opinion and does not necessarily reflect the official position of LiteForex. While many trading platforms (e.g. Share with friends, start trading without any investments and risks, wITH NEW startup. The brokers keep track of margin usage, available buying power, profits, and losses, but it is important to keep a separate forex trading journal software. What getting them duckets means in simple terms is to become disciplined, consistent, and most importantly, profitable. Comment dont be too lazy and comment your trades to understand why have you failed or succeeded in a given moment of your traders career.
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