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  #1 (permalink)  
Old 08-27-2008, 08:53 AM
VingTsun's Avatar
Junior Member
 

Join Date: May 2008
Posts: 51
Default How do you run your trading journal?

So the question is stated in the title..
How do you do it?

I have thought to run it like this:
a.)Screenshot of chart(H1,H4,D1) when entering the trade
b.)Screenshot of chart(H1,H4,D1) when exiting the trade
c.)Journal log where i am going to write down all important facts about that trade from its start to its end

I have read about more complicated ways of running your trading journal,but i think that this way could do the trick.
What do you think,guys and gals??
Regards,
VingTsunKuen
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  #2 (permalink)  
Old 08-27-2008, 10:15 AM
 

Join Date: Aug 2008
Posts: 7
Default

I do it this way:

- Explain why I enter the trade and where.
- Explain my exit and what I expect by this trade
- Explain my Risk/Stop
- I mark all Information at the Chart. If I trade at the M15, I will only save a chart of the M15 where I mark all information which pushed me to enter the trade.
- If another periode is involved (perhaps D1) I will mark the Information and save it also.
- After the trade, I save the resulting chart and ask my self if I reached my target.

If yes ... the answer is easy .

If no:
- I try to find out whats happen, was it my fault or does something other happen. Is there something which could help me the next time to do not the same error ?

BTW: I use a personel blog to archiv my journal

(Sorry about my bad english)
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  #3 (permalink)  
Old 09-01-2008, 06:07 AM
 

Join Date: Apr 2008
Location: sydney
Posts: 7
Smile

hi only new to forex what is a trading journal and how dose it work
thanks Rob
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  #4 (permalink)  
Old 09-01-2008, 06:22 AM
 

Join Date: May 2008
Posts: 4
Default

Quote:
Originally Posted by trader007 View Post
hi only new to forex what is a trading journal and how dose it work
thanks Rob

A record of your forex transaction.

I post the reason for enter and exit trades. Where SL and TP.

But I only post out the chart after I'm done with the trades, I guess it will be easier.

If you post out the chart when you take the trades:
1) You will be very busy, you gonna take care your trades first or posting up charts and reason first?
2) That will become something like trading signals for ppl instead of a journal of your own.

Juz my some humble opinion
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