What are the components of a complete trading journal?

Much has been said about the importance of having a trade journal but it is so necessary to emphasize that its efficiency hinges on its completeness. Not only must it have the the patient read detail such as entry and exit price but it should also have notes on your fundamental base and your decision making process here are some of the components that should be part of your trade journal. First, the trade specific details such as the entry and exit areas must be discussed. It is not enough to list down the price where you plan to open or close your trade as you should also maintain why you are watching those particular level to take it to setup further you should also include various price scenarios for the potential impact of upcoming events to list levels that would be optimal to cut losses or add your position.next, your fundamental base for taking the trade must also be returned down this would allow you to have a clear ear inside and would give you something to review letter on did you miss anything in your analysis? Was your best spot on for complete off? Where there any changes that you should have adjust to? Tu to these are just some of the question from which you can draw observations and trading lessons from. Aside from that, your trading journal should also have a risk management version. Apart from detailing how much you plan on risking per trade you can also include yourself if you will scale in or scale out later on. This way, you can be able to plan ahead and avoid banking when price action starts moving to quickly. And other helpful component of your trade journal is a list of the upcoming even risk. This will help you now what to watch out for it you are going to keep your trade open for a few days instead of being Blind Side when an economic event because your trade auto off the water this can also help you a identify opportunities in which you can add or to your position and maximize your profit potential. Of course it is not enough to just write down your pr-trade thoughts as you should also in input your decision making process throughout the trade. Value your trade is open you might have some adjustments that need to be made so you should also not this down and how it influenced the result letter on where you able to cut losses just in time was there an unforeseen event that you were able to adapt quickly to? You by taking note of these actions that occur while your trade is open you can be able to fine tune your trade execution process later on. Lastly, it is also crucial to have a post-mortem of your trade. This part should indicate whether or not you were happy with your trade Idea and decisions and if you need to make changes in your next trade steps. In fact this might be one of the most important parts of your trade general as you make sense of what happened in the markets and how you handle your trade. It is important to have a review of each trade and your overall training for farmers so that you can see the details while assessing the bigger picture. Only then can you be able to determine which area you need to improve on or what you are doing right then keep improving your trade performance as you go along. Thanks.

Re: What are the components of a complete trading journal?

Trading journal ke bahut se main components Hai Jin per Ham focus Karke a aur line yani blank treads Mein information dalkar se post kar sakte hain jaise ki ab Pakistan form ki baat kar le to ismein bhi Hamen trading journal post karne ka option Milta hai aur usmein bahut se log Apne trading experience aur Bahut Si trading se related knowledge aur daily e-trade forcast ki share karte hain Jinka trading celebrated Hamen bahut fayda Hasil Hota Hai koshish Karenge aap bhi Ek trading journal banae jismein aap apna reading experience aur aap apne mistakes ko bataen Logon tak tak Ke Log use bhi padhen aur mistake se avoid Karke Apne a future ko sev Karen.

Re: What are the components of a complete trading journal?

Forex Trading ki mukal kaam k leye knowledge, experience aur trading skills k sath sath hamen forex trading me analysis k leye mukhtalif qisam k inductors ka istemal bhi zarori hai.RSI ya Ratio Strength Index aik indicator hai jo forex trading market me hum technical analysis k leye istemal karte hen. RSI ka bohut zyada istemal hota hai forex trading analysis me aur is indicatores se hum forex trading ki analysis bohut zyada madad lete hen. RSI indicator ka forex trading analysis bohut had tak kamyab bhi hoti hai. Forex trading me hum jab mt4 ya mt5 apps ko open karte hen to chart pattern k nechae aik line gragh show ho raha hota hai. Wo line graph hamare leye RSI indicator hai. Forex trading me RSI indicator ki value to points k darmeyan de jati hai jese 30- 70 ka level deye gaye hen. Is me jab value 30 se nechay ya 70 se uper ko chali jati hai to pher value apni direction ko change karne ki koshash karte hen.

Re: What are the components of a complete trading journal?

Trading journal I bht sy components hoty hy jin sy hum acha knowledge hasil kr sakty hy dear hum ko chaiy k hum sab components ko follow krein agar hum sab components ko follow krein gy tu is sy humary knowledge mein acha izafa ho ga aur hum achi earning kr saky gy isleiy hum ko humesha soch smajh kr kam krna chaiy