Excel BTCUSD ==22==CryptoCryptoCurrency Spreadsheet Trade Journal Book
Excel Bitcoin Spreadsheet Journal will track all your trade transactions on a Excel BTCUSD Spreadsheet Journal. By following this simple and easy to follow excel btcusd 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 PRIOR TO opening a bitcoin trade on your excel trading bitcoin spread sheet journal.
Before opening a btcusd trade, write in a excel trading bitcoin spread-sheet trading journal the grounds why you're making the bitcoin trade. Just write-down in the excel trading bitcoin spreadsheet journal a few key explanations why you're making this bitcoin trade. Be honest with this excel trading bitcoin spread sheet journal. If you are honest, it'll stop you from making the biggest mistakes in your trading bitcoin. If you see that you are making the btcusd cryptocurrency trade transaction because of anything other than a sound btcusd trading strategy. DO NOT MAKE THE ==22==BTCUSDBTC/USD Crypto TRADE TRANSACTION!
If you make a losing btcusd crypto trade, do not open another bitcoin trade immediately so as to earn profits to neutralize the losses you have made, this is known and referred to as revenge btcusd trading, don't revenge against the btcusd cryptocurrency market. Switch off the Desktop computer, walk away, & take a very cold shower to cool down. And remember that ==22==you'llyou--will never lose money that you do not put in. A winning strategy isn't only about how much you win, but how much you do not lose.
Step two - Write down how ==22==you'llyou--will exit the bitcoin crypto trade BEFORE making the btcusd trade.
Do not get trapped with a great entry bitcoin strategy without an exit trading strategy. Your strategy should have both great entry & exit trading strategies. One isn't useful without the other.
But you ask, Why bother? I know my bitcoin trade exit strategy. Why do I need to write this down?
Well, the explanation is this: human beings are mostly irrational, impulsive, and emotional creatures. If you have your btcusd cryptocurrency exit strategy written, you have a point of reference when you as a trader get out of a bitcoin trade. ==22==You'llYou--will refer to your excel btcusd spreadsheet journal BEFORE exiting a bitcoin trade. If you are closing a trade transaction for any reason/explanation other than your original and initial bitcoin exit strategy, you must ask yourself why?
Your excel trading bitcoin trading spread-sheet trading journal will save you more funds than you can imagine. It will stop and prevent you from making impulsive moves, which is usually why bitcoin traders lose equity in trading bitcoin.
Step 3 - Write down why you exited the btcusd crypto trade.
This should be the same explanation which you wrote down in step 2. If it's not, it's upto you to analyze and interpret it. Most often reason why traders deviate from their trading bitcoin strategy is lack of discipline. Your excel btcusd crypto spread sheet trading journal will be looking back at you & showing you glaring evidence of precisely why you're not a winning BTCUSD trader.
Step 4 - How to Interpret/Analyze and 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 btcusd traders are able to learn from them ==22==& not repeat.
And the best way to learn from your mistakes is to write down and doc them in a excel trading 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 and mistakes that you were when you first began and started trading bitcoin.
This info can't be found in any book or seminar. Your excel spread-sheet journal is personal & is uniquely you. Your personality will determine the type of bitcoin cryptocurrency trader you'll become, & will also determine the type of mistakes you'll make.
Not only does your excel trading bitcoin spread sheet journal high-light your weaknesses, it will reveal the trade positions that are the most profitable. After a little while you'll see the type of btcusd set-ups that make you as a btcusd trader most equity, & a btcusd crypto pattern formation will emerge. ==22==Do--notDon'tDo--not let this info on your excel btcusd crypto spreadsheet trading journal go to waste.
You should do every effort to understand why those trades went well ==22==and try to replicate it as often as possible. Profitable btcusd traders know their strengths & weaknesses. They play on their strengths & try to minimize their weakness.
Do not get lazy and forget to writedown on your excel trading bitcoin trading spread-sheet trading journal. Documenting your thought process is the fastest and surest way to get better at ==22==btcusdbitcoin crypto trading. Do this consistently, & you will study and learn more about your habits than you can imagine.
Your trading bitcoin goal is to identify and break your bad habits as soon as possible. If you realize that you always cling on to a losing trade transactions too long, you should do everything in your power so that as you stop this from happening and occurring again.
Summary
Your excel spread-sheet trading journal is bitcoin. It contains a wealth of data that will play a vital and crucial role in your success as a btcusd trader. We strongly urge that you use it for at least a month. If it has't helped improve your trading bitcoin profits in 30 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 towards becoming a successful trader.
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