Trade Bitcoin Trading

Excel Bitcoin SpreadSheet Trading Journal Book

Excel Bitcoin Spreadsheet Journal will track all your btcusd trade positions in a Excel Bitcoin Spreadsheet Journal. By following this simple and easy to follow excel bitcoin cryptocurrency spreadsheet journal writing tip, you as a trader can easily improve your btcusd results. Here is how you do it:

Step 1 - Write down WHY you're making a bitcoin trade BEFORE executing a trade transaction on your excel bitcoin spread sheet journal.

Prior to opening a btcusd crypto trade, write-down in a excel bitcoin spread-sheet trading journal the explanations why you're making the bitcoin trade. Just write-down in excel bitcoin spreadsheet journal a few key grounds why you're making this bitcoin transaction. Be honest with this excel bitcoin trade spread-sheet journal. If you're honest, a bitcoin journal will prevent you from making the biggest mistakes in your bitcoin trading. If you see that you're making the bitcoin trade transaction due to anything other than a sound bitcoin strategy. DO NOT MAKE THE Crypto TRADE TRANSACTION!

If you make a losing bitcoin transaction, don't open another bitcoin trade transaction immediately so as to earn profits to neutralize the losses you have made, this is known & referred to as revenge bitcoin crypto trading, don't revenge against the btcusd cryptocurrency market. Switch off the Desktop computer, walk away, and take a very cold shower to cool down. And remember that you will never lose money that you do not put in. A winning strategy is not only about how much you win, but how much you don't lose.

Step 2 - Write down how you will exit the bitcoin trade transaction PRIOR TO making the btcusd trade.

Don't get trapped with a great entry btcusd crypto strategy without an exit strategy. Your bitcoin strategy should have both great entry and exit bitcoin strategies. One is useless without the other.

But you ask, Why bother? I know my bitcoin exit strategy. Why do I have to write it down?

Well, the reason/explanation is this: people are at best irrational, impulsive, and emotional creatures. If you have your bitcoin crypto exit strategy written down, you have a point of reference when you as a trader get out of a bitcoin trade transaction. You'll refer to your excel bitcoin spreadsheet journal BEFORE exiting a bitcoin trade. If you are closing a trade for any explanation other than your original and initial btcusd crypto exit strategy, you as a btc/usd trader must ask yourself why?

Your excel bitcoin spread sheet trading journal will save you more money than you can imagine. It will prevent you from making the impulsive moves, which is usually and generally why bitcoin traders lose funds in crypto currency trading.

Step Three - Write down why you exited the btcusd trade.

This should be the same reason which you wrote down in step 2. If it's not, it's up to you to interpret and analyze it. The most regular reason/explanation why traders deviate and stray from their trading strategy is lack of discipline. Your excel spread-sheet journal will be looking back at you with glaring evidence of exactly why you're not a winning Bitcoin trader.

Step 4 - How to Interpret and Analyze the BTC/USD Crypto trading results

You must learn from your own mistakes in bitcoin trading. This is the best way for anybody to improve their profits. Everyone makes mistakes, but great bitcoin cryptocurrency traders are able to learn from them and not repeat.

And the best way to learn from your mistakes is to write down and doc them in a excel bitcoin spread sheet journal. A few years down the road, you can still look back and realize that you're still making the same errors you were when you first started crypto trading.

This info can't be found in any book or seminar. Your excel btcusd bitcoin crypto spreadsheet trading journal is personal and is uniquely you. Your character personality will determine the type of bitcoin trader you will become, and also will determine the type of mistakes you'll make.

Not only does your excel bitcoin spread sheet trading journal highlight your weaknesses, it'll reveal the bitcoin trades that are the most profitable. After a little while you will see the type of bitcoin trade setups that make you the most funds, and a bitcoin crypto pattern setup formation will emerge. Do not let this data on your excel bitcoin spread-sheet trading journal go to waste.

You should do all effort to understand why those btcusd crypto trades went well and try to replicate it as often as possible. Profitable btcusd crypto traders know their strengths & weaknesses. They play on their strengths and try to cap their weakness.

Don't get lazy & forget to write down in your excel bitcoin cryptocurrency trade spreadsheet journal. Documenting your thought process is the fastest and surest way to get better at btcusd crypto trading. Do this consistently, and you'll learn more about your habits than you can imagine.

Your bitcoin goal is to identify and break your bad habits as soon as possible. If you notice that you always cling on to a losing bitcoin trades too long, you should do everything within your power so that as you as a trader stop this from happening again.

Summary

Your excel btcusd crypto trade spread sheet trading journal is btcusd. It contains a wealth of data that will play a vital role in your success as a btcusd crypto trader. We strongly urge you to use it for at-least one month. If it has not helped improve your bitcoin profits in thirty days, then feel free to stop. But make sure to try it before deciding not to. It may be just the bitcoin tool needed to push your bitcoin trade to the next level toward becoming a successful trader.

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