A buying and selling journal is a instrument that helps merchants monitor and analyze their trades. It may be used to establish patterns, enhance buying and selling methods, and handle danger. There are a lot of various kinds of buying and selling journals, however the very best buying and selling journal excel file obtain will embody the next options:
- A technique to monitor your trades, together with the date, time, image, amount, value, and revenue or loss.
- A technique to analyze your trades, together with your common win charge, 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 severe about buying and selling, then it is best to use a buying and selling journal.