I will use this journal to record my forex trades.
I enter 2x my desired position on every trade.
I exit the position half at a time, each using a different method.
Profit/Loss in pips is accumulated based on half position.
Example:
My desired position is 100k leveraged/$10 pip, I enter 200k/$20 pip, exit half at +50 pips and exit the 2nd half at +200 pips, my running total will reflect +250 pips. Same rules apply for profits and losses.
My trades will be posted pretty much in real time, usually end of day is when I tweak my positions, initiate new ones, etc.
Iâm not really concerned with precise entry's, exits are where Iâm uhh...well refer to thread title.
Last month I made 10 trades, so it might be days between activity.
I enter 2x my desired position on every trade.
I exit the position half at a time, each using a different method.
Profit/Loss in pips is accumulated based on half position.
Example:
My desired position is 100k leveraged/$10 pip, I enter 200k/$20 pip, exit half at +50 pips and exit the 2nd half at +200 pips, my running total will reflect +250 pips. Same rules apply for profits and losses.
My trades will be posted pretty much in real time, usually end of day is when I tweak my positions, initiate new ones, etc.
Iâm not really concerned with precise entry's, exits are where Iâm uhh...well refer to thread title.
Last month I made 10 trades, so it might be days between activity.