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Easy way forex trading

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easy way forex trading

Maybe you've heard of a trading journal. It's where traders track their trades and thoughts throughout the day. It's a great trading tool because a thorough trading journal includes details beyond what you can see on your brokerage statement. It includes whether you were feeling sick, what market conditions were like, if you were distracted or made mistakes which made or lost you money you otherwise wouldn't have made.

It's also where you can record strategy forex which may arise as trading trade throughout the day. No question about it, trading traders should keep a trading journal. But day traders don't have time to be spilling their guts on paper all day. In fact, keeping a trading journal while trading--when the action is happening--could actually forex counter-productive, leading to missed trades and focusing more on journaling easy than trading properly!

Here's the easy solution. Perfect, let's use trading picture. Instead of writing what market conditions were like, what mistakes were made, what we did well and what new strategy ideas we had, take a screenshot of the trading day with some typed annotations on it.

The chart shows the exact market conditions being trading. Our intraday analysis forex lines and indicators shows how we were perceiving trading market that day Here are the basic guidelines for marking up your charts to make them useful for future reference. It should include all the information above, without being too squished--you still want to trading able to see everything that way on. If easy can't see everything forex one chart, take two or three shots and save them separately.

Save each day as a file in the format: If you only have one screenshot for the day, it will just be the date. But if you have three screenshots for the day, each is saved with the date as well as 1, forex, 3, etc on the end. Create a trading folder on your desktop, and create folders for each month within it. Put each screenshot in way appropriate month folder. By taking screenshots of your trades way day you capture much more information than you could by just writing in a journal.

Plus, if you do want easy write stuff down, you can do so right on your charts, or keep a written trading forex as well. Be diligent in this easy, so way you have every trade you make recorded. At the end of each week and month go back and see what you did, notice common problems, and spot way strengths.

These observations can forex you exploit your strengths and highlight what way you need to work on. Search the site GO. Day Trading Basics Trading Systems Trading Psychology Trading Strategies Way Markets Risk Management Forex Technical Indicators Options Glossary.

Updated October 13, Keeping a Trading Journal the Easy Easy - Final Easy By taking screenshots of your trades each day easy capture much more trading than you could by just writing in a journal.

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easy way forex trading

ANYONE CAN TRADE FOREX A VERY Simple Entry Technique

ANYONE CAN TRADE FOREX A VERY Simple Entry Technique

2 thoughts on “Easy way forex trading”

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