Excel BTCUSD Spreadsheet Journal Book

Excel Bitcoin Spreadsheet Journal will track all your btcusd trading transactions in a Excel Bitcoin Spreadsheet Journal. By following this simple & easy to follow excel trading bitcoin spread-sheet journal writing tip, you can easily improve your trading bitcoin results. Here is how you do it:

Step 1 - Write down WHY you are making a bitcoin trade BEFORE opening a trade transaction on your excel trading bitcoin spreadsheet journal.

Before opening a bitcoin trade, write down in a excel trading bitcoin spreadsheet journal the reasons why you are making the bitcoin trade. Just write down in excel trading bitcoin spreadsheet journal a few key reasons why you are making this bitcoin trade transaction. Be honest with this excel trading bitcoin spreadsheet journal. If you're honest, it will prevent you from making the biggest mistakes in your trading bitcoin. If you see that you are making the bitcoin trade because of anything other than a sound bitcoin trading strategy. DO NOT MAKE THE Bitcoin TRADE TRANSACTION!

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

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

Do not get trapped with a great entry bitcoin strategy without an exit strategy. Your trading bitcoin strategy should have both great entry and exit trading bitcoin trading strategies. One is not useful without the other.

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

Well, the reason is this: humans are at best irrational, impulsive, & emotional creatures. If you have your bitcoin exit strategy written down, you have a frame of reference when you exit a bitcoin trade transaction. You will refer to your excel trading bitcoin spreadsheet journal BEFORE exiting a bitcoin trade. If you are closing a trade for any reason other than your original bitcoin exit strategy, you must ask yourself why?

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

Step Three - Write down why you exited the btcusd trading transaction.

This should be the same reason that you wrote down in step 2. If it is not, it is upto you to analyze it. Most common reason why traders deviate from their trading bitcoin strategy is lack of discipline. Your excel bitcoin spreadsheet journal will be looking back at you with glaring evidence of exactly why you're not a winning Bitcoin trader.

Step 4 - How to Analyze the trading Bitcoin results

You must learn from your mistakes in trading bitcoin. This is the best way for anyone to improve their profits. Everybody makes mistakes, but the great bitcoin traders are able to learn from them & not repeat.

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

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

Not only does your excel trading bitcoin spreadsheet journal highlight your weaknesses, it will reveal the bitcoin trade transactions which are the most profitable. After a little while you will see the type of bitcoin trade transaction setups that make you the most money, & a trading bitcoin pattern will emerge. Do not let this information on your excel bitcoin spreadsheet journal go to waste.

You should do every effort to understand why those bitcoin trade transactions went well & try to replicate it as often as possible. Profitable bitcoin traders know their strengths and weaknesses. They play on their strengths & try to minimize their weakness.

Do not get lazy & forget to writedown in your excel trading bitcoin trading spread sheet journal. Documenting your thought process is the fastest & surest way to get better at bitcoin trading. Do this consistently, & you'll study more about your habits than you can imagine.

Your trading bitcoin goal is to identify & break the bad habits as soon as possible. If you notice that you always hang on to a losing bitcoin trade transactions too long, you should do everything in your power so that you prevent this from happening again.

Summary

Your excel bitcoin trading spread sheet journal is bitcoin. It contains a wealth of data that will play a vital role in your success as a bitcoin trader. We strongly urge you to use it for at-least 1 month. If it has not helped improve your trading bitcoin profits in thirty days, then feel free to stop. But be sure to try it before deciding not to. It may be just the trading bitcoin tool needed to push your trading bitcoin to the next level to becoming a successful trader.