A buying and selling journal is a software that helps merchants monitor and analyze their trades. It may be used to determine patterns, enhance buying and selling methods, and handle threat. There are numerous several types of buying and selling journals, however the absolute best buying and selling journal excel file obtain will embody the next options:
- A solution to monitor your trades, together with the date, time, image, amount, value, and revenue or loss.
- A solution to analyze your trades, together with your common win fee, common revenue, and common loss.
- A solution to handle your threat, 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 possibly can determine patterns, enhance your buying and selling methods, and handle your threat. If you’re critical about buying and selling, then you must use a buying and selling journal.
