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 various various kinds of buying and selling journals, however the very best buying and selling journal excel file obtain will embody the next options:
- A method to observe your trades, together with the date, time, image, amount, value, and revenue or loss.
- A method to analyze your trades, together with your common win price, common revenue, and common loss.
- A method 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 possibly can establish patterns, enhance your buying and selling methods, and handle your danger. If you’re critical about buying and selling, then you need to use a buying and selling journal.
