I just track the trades on Excel. Each has a label indicating the strategy, plus any variations re entry criteria or stop-loss placement, TP etc., so I can back-track later.
An interesting find I got from this simple table once was that most of my losing trades went into the red as soon as they were triggered - they never went to a great profit and then all the way back past entry to the SL. And vice versa - most of the winning trades went straight into profit: they never got anywhere near the SL.
In the blue Columns I & J, I copy the link from Trading View for each of the three time frames and insert the link. You can then click on these in the future for a visual represenation.
Journalling is a pain in the arse, but then the vast majority don’t do it and that is prob why they fail.
If you use MetaTrader you can simply “download” a journal with a lot of details. I’m limited cause English is not my native language so I can’t explain it to you but if you speak Italian, German or Spanish you can inbox me easy way would be just googleing
i’ve also never heard of google sheets (i think they might be what they use in cheap hotels with laundry problems?)
TradingView is wonderful, IMO
there’s a basic free version, which you can use for ever if you can stand the annoying pop-ups advertising the paid versions
you can also get a month’s free trial of the whole deal (i believe a credit-card may be needed, though: it used to be one of those things where the free trial was on a “book it and cancel if you don’t want it after all” basis)
a better alternative, IMO, is to open a demo account at Oanda and use their “advanced charting” platform - this is exactly the top-of-the-range version of TradingView but under another name, and is completely free with no catches or renewals or credit-card needed - and Oanda demo accounts never expire
(appreciate, though, that TV is a trading platform, not a journaling system)
but arguably also slightly less important for scalpers (who tend to have a strictly rule-driven entry-method, and maybe a little less to analyse than many of us)?
Written seems so - well “old” to me, so I painstakingly “perfected” my journald with Excell over the years and it serves me well.
Will gladly give you a blank copy if you so desire.
I used to write. sometimes still write some important details of each trade. but generally i check trade histories and open trades details. I forget to write everything.
Hello Pauley!
I used to write them but it is boring.
Create a Google sheet, add (start price / close price / SL / TP/ profit or loss / … ) to that and you can easily have all of your trades. I also use a Google sheet to track the time I spent on social media!
That’s a useful tool.
Best Luck/
i do not have time for that and i know it is bad
i just go at the end of month and check my balance if it was profit or loss
if it was negative i check my bad trades and review my mistake
that is all i do but if you have better idea please say it to me too
I did not do that honestly.
At the first months of my trading I write them all and analyzed them one by one but the I did not do that at once!
I think I have to add this one to my trading life as well, and I think I can use an Excel to track them al!
Thank you for asking that!
easy way would be just googleing