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Do you record your trades?

  • #61
  • Jul 17, 2018 5:30am Jul 17, 2018 5:30am
I haven't recorded anything yet, what would be the perks of recording them?
  • #62
  • Jul 17, 2018 5:41am Jul 17, 2018 5:41am
Quoting katieh
I haven't recorded anything yet, what would be the perks of recording them?
You can at least your record your losing trades; thus you can study on these trades; it really helps.
  • #63
  • Jul 17, 2018 9:48am Jul 17, 2018 9:48am
You can also sync your trading accounts using Trade Explorer right here on FF. It's very useful as I just linked my demo account and it breaks everything down.

I also keep a trading journal of my thoughts leading to each trade. This way I can track what I'm thinking, benchmark my prior successful trades and adjust accordingly.
  • #64
  • Jul 17, 2018 12:43pm Jul 17, 2018 12:43pm
Quoting katieh
I haven't recorded anything yet, what would be the perks of recording them?
You can also see on mt4 terminal
  • #65
  • Jul 17, 2018 1:40pm Jul 17, 2018 1:40pm
I have systems that track my trades for me. I also have systems that deliver detailed analytics of trade activity each week, month, quarter, and year for easy review.

Quoting katieh
What would be the perks of recording them?
Many!

The most important is the ability to know where you are in relation to your goals.

We are what we measure. If you are a serious trader you want to optimize your results and the only way to do that is constant improvement. Improvement vs what? That thing you measure!

So if you want to be a better trader, win more trades, and make more pips, you best record your trade activity.
  • #66
  • Jul 18, 2018 12:35am Jul 18, 2018 12:35am
Quoting Rigfo
{quote} You can also see on mt4 terminal
Yes account history is a good option; but the problem is it records only 1 month data.
  • #67
  • Jul 18, 2018 1:12am Jul 18, 2018 1:12am
Quoting katieh
I haven't recorded anything yet, what would be the perks of recording them?
You can analyze your mistakes and can work on them to avoid them in your future trades.
  • #68
  • Jul 19, 2018 9:53am Jul 19, 2018 9:53am
Quoting ZikriIrfan
{quote} Yes account history is a good option; but the problem is it records only 1 month data.
No it doesn't, just right-click and tell it to show All History.
  • #69
  • Jul 21, 2018 9:50am Jul 21, 2018 9:50am
Quoting mlawson71
{quote} No it doesn't, just right-click and tell it to show All History.
Oh, that’s really great! Let me check I am going to update you very soon.
  • #70
  • Nov 27, 2018 2:06am Nov 27, 2018 2:06am
Quoting mlawson71
{quote} No it doesn't, just right-click and tell it to show All History.
Yes it is! In addition, that’s the beauty of Mt4; even back testing is available in this platform! This is why, till now mt4 is the number one trading platform.
  • #71
  • Nov 27, 2018 9:45am Nov 27, 2018 9:45am
Quoting DarrenLehma
{quote} Yes it is! In addition, that’s the beauty of Mt4; even back testing is available in this platform! This is why, till now mt4 is the number one trading platform.
True. Does Metatrader 5 allow one to do that too? I think it probably does, it's an essential function.
  • #72
  • Nov 28, 2018 7:24am Nov 28, 2018 7:24am
Quoting mlawson71
{quote} True. Does Metatrader 5 allow one to do that too? I think it probably does, it's an essential function.
Yes it has! Even, Mt5 trading platform is more standard than the mt4; since it’s the latest version.
  • #73
  • Nov 28, 2018 9:27am Nov 28, 2018 9:27am
Hello. New member here!
i have learned to record all my trades and it has helped me learn so much quicker.
  • #74
  • Nov 28, 2018 10:12am Nov 28, 2018 10:12am
Quoting GeorgeBaile
{quote} Yes it has! Even, Mt5 trading platform is more standard than the mt4; since it’s the latest version.
True. I keep forgetting that the software developer said they'd stop updating Metatrader 4.
  • #75
  • Nov 30, 2018 4:33am Nov 30, 2018 4:33am
I record every trade I make in detail. It helps me understand my own trading and the market, better.
  • #76
  • Nov 30, 2018 6:17am Nov 30, 2018 6:17am
Its better a screenshot of when you enter and when you exit (if manually or target got hit SL/TP whatever) that way you can be sure you are following your system rules.. or not (big fail on you)

Numbers in an excel sheet doesnt matter
  • #77
  • Nov 30, 2018 9:33am Nov 30, 2018 9:33am
I think that it's better to have both - the Excel sheet and the screenshots, so you retain the maximum possible information.
  • #78
  • Dec 1, 2018 3:09pm Dec 1, 2018 3:09pm
Its vital for me to record all trades with notes
  • #79
  • Dec 2, 2018 8:05am Dec 2, 2018 8:05am
Quoting woody1
Its vital for me to record all trades with notes
What kind of notes, if you don't mind me asking?
  • #80
  • Dec 2, 2018 2:40pm Dec 2, 2018 2:40pm
Quoting mlawson71
{quote} What kind of notes, if you don't mind me asking?
I use edgewonk software. I record why I did what I did, the setup and so forth. Just recording sell and buys wont tell me much of anything 3 days or 3 months later
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