What's the Best Way to Keep Indices Trading Journal and Keep Track of Your Indices Trades?

Indices Trading Keep Track of Your Indices Trades

The best way to journal and keep track of your trades is to write these trades in a journal - which can be a book or an Excel spreadsheet that you will use to keep track of the trades as well as calculate profits and losses of your trades.

When writing you stock indices trades in a indices trading journal you should decide what are the various points about the indices trade that you will be writing in your stock indices trading journal.

For examples the first thing that you will write in the indices trading journal is the indices trading instrument that you are opening a indices trade for.

Next thing that you'll write in your indices trading journal is if the indices trade is a buy indices trade or a sell indices trade.

The next thing you'll write in your indices trading journal is the time and date of when you opened the indices trade.

Next thing that you will write in detail is why you've opened this particular trade & write which rules of your trading system were met so that you could decide it was time to open the indices trade.

After this the next time you will write in your indices trading journal is when you are updating your indices trading journal after you have closed your open indices trade. Once you close your open indices trade you will write if the trade was profitable or not.

If the indices trade was profitable you will write the profit amount in also write the reasons why the indices trade was profitable.

If the indices trade made a loss you will write the loss amount in also write the reasons why the indices trade made a loss.

You'll then use the list of trades for a given time period and use this data to calculate the overall profits & losses for that particular period,

To calculate the gains & loss for a particular period you can use an Excel spread sheet for a specified number of trades within a specified time period and use the Excel spreadsheet to calculate profits & gains for this particular period of time.

Indices Trading Calculate Profit and Loss in Indices Trading? - What's the Best Way to Journal and Keep Track of Your Indices Trades - Indices Calculate Profit & Loss in a Indices Trading Journal - Indices Trading Keep Track of Your Indices Trades - Using Indices Journal to Calculate Gain or Loss