Question
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How to record the trades?
8 Answers
<p id="isPasted">To record trades, you can do the following:</p><ol><li>Choose a method: You can choose to keep manual records, use a spreadsheet, or use specialized software.</li><li>Gather information: For each trade, you need to gather information such as the date, security, number of shares, price, fees, and any other relevant details.</li><li>Organize the information: Organize the information in a manner that makes it easy to access, analyze and report.</li><li>Keep records updated: Regularly update your records to ensure that they are accurate and up-to-date.</li><li>Use reporting tools: Use reporting tools to generate reports that provide a summary of your trading activity …</li></ol>
<p id="isPasted">If you are trading on a Metatrader 4 platform, you don't need a journal, it is already there for you. All you need is to query the period you want and print it.</p><p>It comes in HTM format.</p><p>The mt4 journal records your transaction prices, history, time, and lots, and calculates your averages, wins, and losses.</p><p>For other possible apps, please be specific about the platform you are using.</p>
<p id="isPasted">There are two main ways to record your trades: using a trading journal or using a trading platform.</p><p>Trading journal</p><p>A trading journal is a log of your trades. It can be a physical notebook or a digital spreadsheet. The most important thing is to record your trades consistently and accurately.</p><p>Here is some of the information you should record in your trading journal:</p><ul style="margin-bottom:0cm;" type="disc"><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:"Calibri",sans-serif;background:white;">Date and time of the trade</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:"Calibri",sans-serif;background:white;">Asset traded</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:"Calibri",sans-serif;background:white;">Position size (e.g., number of shares or contracts)</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:"Calibri",sans-serif;background:white;">Entry price</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:"Calibri",sans-serif;background:white;">Exit price</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:"Calibri",sans-serif;background:white;">Profit or loss</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:"Calibri",sans-serif;background:white;">Reasons for entering and exiting the trade</li></ul><p>You can also use your trading …</p>