Regarding the trade direction (BUY or SELL), it is actually represented in the Long / Short (L/S) column in the trading journal template. The trade direction entry can be either a “Buy” (long) or “Sell” (short) and the template will automatically add this field after you enter ...
When an analyst identifies a trend, the next step is to try to identify how far that trend might go or when it might be exhausted to assess if it represents a trading opportunity. The idea is to buy at the lowest price on an uptrend and sell it at the highest price, or vice-versa...
Establishing a trading journal can be approached through various methods: Using Spreadsheets Spreadsheets offer flexibility and customization for journaling: Excel or Google Sheets: Create a structured template to log trade details, market conditions, and performance metrics. Formulas and Charts: Utilize fo...
A Forex Trading Journal to Track Your Performance - Today’s article is going to discuss one of the most important pieces of the puzzle of professional Forex trading; creating and maintaining a Trading Journal Spreadsheet. I am going to first explain to
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Forex copy trading, also known as social trading, mirror trading, or auto trading, allows traders to automatically replicate the strategies of experienced investors in real-time. Over the past decade, this practice has surged in popularity, fueled by advancements in technology and the growing ...
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