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Do you record your trades?

  • #41
  • Jul 25, 2017 8:26am Jul 25, 2017 8:26am
Great to see you're recording your trades! I wasn't fully able to understand my wins and losses until I started a trade journal. Notating WHY I entered a trade and if I was correctly following my trading plan has helped me grow as a trader exponentially.

Happy Trading
Livin' the dream!
  • #42
  • Jul 25, 2017 10:20am Jul 25, 2017 10:20am
Definitely record trades. Every single one. This is not optional. I believe it is mandatory to long term success.
  • #43
  • Oct 27, 2017 5:52am Oct 27, 2017 5:52am
No, right now I don’t record my success trades position, but I take the screenshot of my SL’s trade position! In addition, on the off days, I do research on my losing trades positions! But, when I was a new trader then I used myfxbook’s service.
  • #44
  • Nov 3, 2017 10:33am Nov 3, 2017 10:33am
Recently I lost the file I was recording my trades in due to it getting corrupted for some reason. The lesson I learned is this: not only record your trades, but remember to regularly back up your file.
  • #45
  • Nov 4, 2017 5:02am Nov 4, 2017 5:02am
No, I do not record my trades.
For what?
There is history of trades in MT4.
And if you want to analyze all trades you can use FF explorer or FXbook.
  • #46
  • Jan 17, 2018 4:26am Jan 17, 2018 4:26am
Quoting StratOakmont
Great to see you're recording your trades! I wasn't fully able to understand my wins and losses until I started a trade journal. Notating WHY I entered a trade and if I was correctly following my trading plan has helped me grow as a trader exponentially. Happy Trading
Yes, I take screenshot for all of my trade’s position! In addition, during the weekend I do analysis on my weekly trades; thus I try to improve my trading skill from my live trading mistakes!
  • #47
  • Jan 17, 2018 10:09am Jan 17, 2018 10:09am
Quoting Majeeda
{quote} Yes, I take screenshot for all of my trade’s position! In addition, during the weekend I do analysis on my weekly trades; thus I try to improve my trading skill from my live trading mistakes!
For how long do you archive these screenshots?
  • #48
  • Jan 27, 2018 8:41am Jan 27, 2018 8:41am
Quoting mlawson71
{quote} For how long do you archive these screenshots?
I have last 5 years screenshot of the relevant name of the folder!
  • #49
  • Jan 27, 2018 8:50am Jan 27, 2018 8:50am
Quoting Majeeda
{quote} I have last 5 years screenshot of the relevant name of the folder!
You're keeping up a very detailed archive. I admire people who have the discipline to do so. I try, but I am not as consistent.
  • #50
  • Jan 29, 2018 8:42am Jan 29, 2018 8:42am
Ever since I started to trade I managed this by details. Specially when testednew strategies and systems, it's very important to keep the track of everything you do
  • #51
  • Jan 29, 2018 9:00am Jan 29, 2018 9:00am
Quoting Ivan0501
Ever since I started to trade I managed this by details. Specially when testednew strategies and systems, it's very important to keep the track of everything you do
How often do you go back to review and analyze the archive you have gathered? Does it help?
  • #52
  • Jan 30, 2018 4:45am Jan 30, 2018 4:45am
If it necessary. But usually I analyze my trades by record web-site. It is more usable
  • #53
  • Jan 30, 2018 4:48am Jan 30, 2018 4:48am
Quoting mlawson71
{quote} How often do you go back to review and analyze the archive you have gathered? Does it help?
Basically I make monthly stats, and keep it in a yearly folder. I used to check out the stats every time I switched strategy. I used to have strategy based on patterns and trade just specific patterns but switched that mode off a year ago. Now I have 2 trading strategies I use, each one represents a market state (momentum and range trading) which satisfies my trading w/l ratio so I tend not to look back since it's going well ever since I started trading these strategies.

Waiting for full year to pass since I switched to compare it to past year's strategy results. So far, just trading and since my win ratio improved I tend not to look back much just to keep my mindset in reality (not to get overconfident because of specifies chances).

Past is just something not to forget, to learn from it's mistakes, but not to live in it no matter if it was positive or negative. I force myself to think like that. Cheers
  • #54
  • May 28, 2018 5:19am May 28, 2018 5:19am
It is more appropriate to record trades to see previous performance that always helps to choose a right order, but we fail to maintain this and become loser ultimately.
  • #55
  • May 29, 2018 1:14am May 29, 2018 1:14am
If you have passion to record, track and self-customized calculations/charts in spread sheet. Then it's a must have for you.
Otherwise, don't hit yourself with this everyday since you can check your trades from your platform and learn from it.
  • #56
  • May 29, 2018 4:53am May 29, 2018 4:53am
Quoting KevinMarsh
If you have passion to record, track and self-customized calculations/charts in spread sheet. Then it's a must have for you. Otherwise, don't hit yourself with this everyday since you can check your trades from your platform and learn from it.
appreciate your message , thanks for your nice post.
  • #57
  • Jun 7, 2018 3:55am Jun 7, 2018 3:55am
Quoting AdamCrist
It is more appropriate to record trades to see previous performance that always helps to choose a right order, but we fail to maintain this and become loser ultimately.
Absolutely true! To keep record of every trade is very important; you can analyze your mistakes and can work on them.
  • #58
  • Jun 7, 2018 5:21am Jun 7, 2018 5:21am
Generally we think only well trading knowledge can bring success in Forex trading , but practically despite of most powerful analyzing trading knowledge success will not ensure if you don’t have a real trading discipline, and record previous trading one of the best part of discipline, so don’t forget it at all.
  • #59
  • Jun 7, 2018 6:30am Jun 7, 2018 6:30am
yes it is. most of the time we ignore some inevitable part of trading that can make us loser , recording previous trades is one of them.
  • #60
  • Jul 17, 2018 2:39am Jul 17, 2018 2:39am
Quoting NathanAstel
yes it is. most of the time we ignore some inevitable part of trading that can make us loser , recording previous trades is one of them.
Well; do you record by online software or using your notebook manually? Thanks in advance.
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