Forex Smart Tools Calculator And Trade Log. Contact Us name Please enter your name. Software that will allow you to find the working methods and dismiss the losing ones while you backtest your strategies. While myriad of us would use that a smart fair tangles being locked away in a cattery, that on the internet forex signaled Kitty Cabana from Everything you need to know about using the Trade Log is right here for you, with clear explanations, examples and video demonstrations. But if you can’t find what you’re looking for Contact us and ask for help. Our customer support will blow you away! The ForexSmartTools Trade Log is a state of the art customizable Log that is designed just for your style of trading. It keeps an accurate log of all the trades you take, by day, week, month and year. Make your tax reporting easy. Compare your different strategies, trading times of the day, patterns and see what is working best for you. Become your own Accountability Coach
Forex Trading Log from Forex Smart Tools | Aslan Forex
And that's what's called " HAVING AN EDGE ". Are you sabotaging yourself? You need to become a self-aware trader. Keep good recordslearn from past mistakes, and do better in the future. Discipline means designing, testing, and following your trading system. It means learning to enter and exit in response to predefined signals rather than jumping in and out on a whim. And the first challenge on the road to disciplined trading involves setting up a record-keeping system.
Becoming a good trader means taking several courses — psychology, technical analysis, and money management. Each course requires its own set of records. You will have to score high on all three in order to graduate. Your first essential record is a journal of all your trades. Another essential record shows the balance in your forex smart tools trade log at the end of each month. Plot it on a chart, creating an equity curve whose angle will tell you whether you are in gear with the market.
Your trading diary is the third essential record. Whenever you enter a trade, print out the charts that prompted you to buy or sell. Traders fail because of impatience and lack of discipline. Good records set you apart from the market crowd and put you on the road to success. The angle of your equity curve is an objective indicator of your behavior. If it slopes up, with few down-ticks, you are doing well. If forex smart tools trade log points down, it shows you are forex smart tools trade log in gear with the markets and possibly in a self sabotage mode.
Traders who lose money tend to feel ashamed. A bad loss feels like a nasty comment — most people just want to cover up, walk away, and never be seen again. Hiding does not solve anything. Use the pain of a loss to turn yourself into a disciplined winner. It means doing the right thing, not the easy thing. You have to keep track of entries and exits, slippage and commissions as a well as profits and losses. The goal is a steady uptrend, punctuated by shallow declines, forex smart tools trade log.
If your curve slopes down, forex smart tools trade log shows you are not in tune with the markets and must reduce the size of your trades. A jagged equity curve tends to be a sign of impulsive trading. Paste them on the left page of a large notebook and write a few words explaining why you bought or sold, stating your objective and a stop. When you close out that trade, print out the charts again, paste them on the right page and write what you have learned from the complete trade. If you are serious about learning to trade, start with a relatively small account and set a goal of learning to trade rather than making a lot of money in a hurry.
Keep a diary and put a performance grade on every trade. FOREX SMART TOOLS. Trade Log and Advanced Calculator. FOREX SMART TOOLS: Trade Smarter, Not Harder. WHY TRADE FOREX? Be Your Own Boss You can trade for yourself. Work From Home Make money in your pajamas. Trade Any Time Day or Night Suit yourself - the markets are open 24 hrs a day. AND THERE IS THE POTENTIAL TO MAKE A LOT OF MONEY! What's The Key To Becoming Profitable in Forex Trading?
Find Ways To Reduce The Risk. Trading Is Tremendously Competitive Think about it For each trader that makes money there is someone else losing money. How do you place yourself on the winning side of that equation? You have to be smarter than those other traders.
You need every advantage you can find. Why use a Trade Log? It's the best way to see which strategies work and which fail A Trade Log is your own accountability coach Store your screenshots with each trade for later analysis You can easily compare currencies, sessions, entry triggers, exit plans, etc, forex smart tools trade log. Words of Wisdom From A Master Trader The following excerpt about using a trading journal is taken from Dr.
Read The Full Excerpt. Does The Forex Smart Tools Trade Log Answer This Need? You Betcha! To be a profitable forex trader, manage your trading like a well run business, forex smart tools trade log. Recording and carefully forex smart tools trade log your trades is a major factor of success. Records every trade from all your brokers Reduces losses by identifying weak points in your strategy Increases profit by analyzing entries and exits Sorts trades to see what's working and what isn't Stores screenshots and video of each unique trade Creates equity curves for any parameter you set up, forex smart tools trade log, such as strategy, currency or timeframe Acts as your own personal accountability coach.
Becomes your best tool to help you fine tune your trading decisions. Parting Thoughts, forex smart tools trade log. How To Use The Trade Log. Trade Log Quick Start. Trade Log Knowledge Base. How To Use The Calculator. Calculator Quick Start. Calculator Knowledge Base. English Spanish French German Japanese Chinese Simplified Portuguese Afrikaans Albanian Amharic Arabic Armenian Azerbaijani Basque Belarusian Bengali Bosnian Bulgarian Catalan Cebuano Chichewa Chinese Traditional Corsican Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish Frisian Galician Georgian Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Forex smart tools trade log Hungarian Icelandic Igbo Indonesian Irish Italian Javanese Kannada Kazakh Khmer Forex smart tools trade log Kurdish Kurmanji Kyrgyz Lao Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malay Malayalam Maltese Maori Marathi Mongolian Myanmar Burmese Nepali Norwegian Pashto Persian Polish Punjabi Romanian Russian Samoan Scottish Gaelic Serbian Sesotho Shona Sindhi Sinhala Slovak Slovenian Somali Sudanese Swahili Swedish Tajik Tamil Telugu Thai Turkish Ukrainian Urdu Uzbek Vietnamese Welsh Xhosa Yiddish Yoruba Zulu.
Excel Trade Log Template
, time: 12:14Forex Trade Log | Forex Smart Tools
The Forex Smart Tools Trade Log has all the features you need to create a complete record of all your trading activity. Add Unlimited Screenshots Export PDF of trade specifics A Trade Log is your own accountability coach Store your screenshots with each trade for later analysis You can easily compare currencies, sessions, entry triggers, exit plans, etc To profit in forex trading, you also need mastery of money management, analysis and trade testing. Turn your trading into a money-making business with the Calculator, the Trade Log and the Forex Tester − three powerful tools used by professionals. Learn what it takes to make your trading even more successful and profitable
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