Question
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How to record the trades?
8 Answers
<p>Try myfxbook or fx blue. Not a journal as such but they will record every single trade, leaving you unable to hide from the truth. They will also breakdown your trading into calculated risk v reward etc. Give it a whirl. You can make it public, it actually is a great practice tool in transparency, if you know people can see it gives you a reason to trade with discipline.</p>
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<p>You could try FX Journal. It is free and will track all the things you are wanting to track. https://fxjournal.io</p>
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<p><br>If you are trading on a metatrader 4 platform, you dont need a journal, it is already there for you. All you need is to query the period you want and print it. It comes in HTM format. The mt4 journal records your transaction prices, history, time, lots, and calculates your averages, wins and losses. For other possible apps, please be specific on the platform you are using.</p>
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<p id="isPasted">Trading journals help traders keep track of their trades and thoughts throughout the day. It's a great tool because it includes details that aren't on your brokerage statement. It includes market conditions as well as whether you were distracted or made mistakes. The journal is also where you can write down strategy ideas that may come to you as you trade.</p><p>All traders should keep a trading journal, but day traders don't have time to spill their guts on paper all day long. Trading journals can actually be counterproductive, and cause missed trades while trading - when the action is …</p>
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<p id="isPasted">Errors are simply deviations from your rules, not just losing trades. It is possible for me to lose trades without making a mistake, and I can even win trades after making mistakes. If you don't have a good memory, you won't be able to improve at all, which means you are robbing yourself of that opportunity. </p><p>You should not focus on a simple list of trades created by your broker or software but on your reasons for placing the bet in the first place, including where you placed your stop-loss, etc. The audibility of your decisions becomes increasingly important if …</p>
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