What is the Best Way to Journal and Keep Track of Your Stock Indices Trades?

Using Stock Indices Trading Journal to Calculate Gain or Loss

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

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

The next thing that you'll write in your stock indices journal is if the stock indices trade is a buy stock indices trade or a sell stock index trade.

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

The next thing that you'll write in detail is why you have opened this particular trade & write which rules of your stock indices system were met so that you could decide it was time to open the stock index trade.

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

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

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

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

To calculate the gains and 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 and gains for this particular period of time.

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