[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Traders Diary



PureBytes Links

Trading Reference Links

The Chartist wrote:
> 
> Hi All
> 
> I've read over and over again that one way you can improve your
> trading is by maintaining a diary of all your trades and trade details
> and later analyse it and figure out your strengths and weaknesses from
> it. Well, however much I've tried I just can't seem to keep entering
> my trades in a diary for any length of time. One reason for this could
> be that I just detest paperwork.
> 
> I think if I can use a spreadsheet to do this, I may have a lot more
> success. One problem is, I am not exactly a whiz at spreadsheets. Does
> anyone have a format that I can use? I'd appreciate it.
> 
> Thanks and best wishes.
> 
> Chartist
> 
> _____________________________________________________________________
> Sent by RocketMail. Get your free e-mail at http://www.rocketmail.com


The way I do it is, I keep all transactions on a database that I design
using MS Works95.  This way I can go back and forth from a spreadsheet
to a letter form very easy.  Also, on the last field on my spreadsheet I
lable it notes.  That tells me to go to my word processor and write in
detail why I placed this trade.  

I still don't know how to use this MS works95 100%.  But what ever
software you use get to know it for what you need, not the need for a
computer programmer.  

The format that I use is very simple.  Example:  ticker, company,
reason, date bought, qty, position, price bought, total, sell date,
price sold, total 1 , gain/loss, %, days, and notes.  

I hope this helps.


Good Trading

Joe Frabosilio