If you're a trader, you most likely, hopefully have a trading journal. If you're not a trader yet but you're thinking of becoming one, you should probably familiarize with what a trading journal is, how to set it up and how to use it. At first it may look like another task that you don't want to do but trust me, it's going to play a central role in your plans. Most professional traders use it and not only them. There's a good reason for that. If you want to evaluate not only your portfolio, but your trading evolution, you need clear data, accurate data to do that. How else are you going to see how well you've done. >A trading journal is one of the most effective tools for performance management. It is where you record and review daily trades for better output and for future reference. A journal can help you track progress as well as study mistakes made when entering or exiting a trade. In the long run, these reports can act as the foundation for better executions. [source](https://www.finextra.com/blogposting/12877/everything-you-need-to-know-about-getting-a-trading-journal) This quote above mentions two important things regarding keeping a trading journal: track progress and study mistakes. With all the madness going on these days in the crypto world, things are speeding up and it's easy to miss the details, that can cost you dearly in the future. Yesterday I've spent quite a few time updating my journal and I'm happy it's done as it can help me now, to see clearly what, how much I hold, the entry price, when I'm planning to take profits and exit. Pen and paper is also good for those who like old school but in a digital era it's nice to have a journal with some functions that can save you time and also money, as time is money these days. We're in the middle of a bull market. No to mention you have it wherever you go and don't have to carry your notebook with you. Today I'd like to recommend you two trading journals, two very different ones. <center>![image.png](https://images.hive.blog/DQmeZ26AucSTgmgX3FXENTZ7PW8ErpwYdha9MtRRmDrdLQb/image.png) [source](https://dexcelclub-my.sharepoint.com/:x:/g/personal/paula_dexcelclub_onmicrosoft_com/EW3wH5NVl9pBiWAsItN09ekB41XK3Cdf7GqsTnvwSHZvJQ?rtime=BcLyqFcG2Ug)</center> This is a complex one, coming from @ paulag, who's running @ theexcelclub. Here's a [video](https://leofinance.io/@theexcelclub/createanexcelcryptoportfoliotracker-k46a5jxabsjde38tokvn) about how to set up your crypto portfolio tracker. The bonus here is that you can see how much every asset you hold means of your portfolio. The other comes from Binance. Actually you can find a nice article about what a trading journal is and how to set up one, here -> [What Is a Trading Journal and How to Use One](https://academy.binance.com/en/articles/what-is-a-trading-journal-and-how-to-use-one) <center>![image.png](https://images.hive.blog/DQmaqdcwfBNtnaTesqsnzu2pYcztqy6bgQiHeoxnC57AbWa/image.png) [source](https://docs.google.com/spreadsheets/d/1ZjeYg3t2GToeTHndWo4bcy-PPaPGbejTpFevffaMABg/edit#gid=0)</center> It's a very simple but effective one. You have all you need to help you track your portfolio. Save your own copy, update it every time you make changes in your portfolio and you're good to go. It took me some time to update mine and I'm glad I could finish it yesterday. Now I know I have a tool I can rely on to help me make the best decision when the time comes. <center>![pg divider204.png](https://images.hive.blog/DQmTrJab6AiKQG8jtE4hLPZmwFaAyVacz8VrQDgPTK46c7d/pg%20divider2-04.png)</center> <center>Join me at Bybit and get $10 bonus in BTC! Plus, up to $600 worth of rewards await in your Bybit Rewards Hub. Get started with my referral code: m3yjA https://www.bybit.com/en-US/invite?ref=m3yjA</center> <center><a href="https://www.presearch.org/signup?rid=2058286" target="_blank"> <img src="https://presearch.org/images/rf/ban-4.jpg" title="Presearch" alt="presearch" /> </a></center> Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@erikah/get-your-trading-journal-ready)
author | erikah |
---|---|
permlink | get-your-trading-journal-ready |
category | hive-167922 |
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root_title | "Get Your Trading Journal Ready" |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
tombstone | 0 | 25,553,665,215 | 1.2% | ||
daveks | 0 | 202,693,718,341 | 5% | ||
amr008 | 0 | 1,379,179,748 | 5% | ||
uwelang | 0 | 4,002,717,103 | 0.66% | ||
noborders | 0 | 3,516,063,704 | 100% | ||
r0nd0n | 0 | 18,751,975,610 | 13.32% | ||
redes | 0 | 2,085,079,844,690 | 32% | ||
da-dawn | 0 | 61,247,497,441 | 23% | ||
filotasriza3 | 0 | 14,681,200,361 | 20% | ||
tbnfl4sun | 0 | 18,757,792,488 | 50% | ||
roomservice | 0 | 3,107,090,115 | 3% | ||
aleister | 0 | 10,513,471,179 | 7% | ||
rycharde | 0 | 533,344,352 | 10% | ||
stevelivingston | 0 | 85,720,825,428 | 50% | ||
ladybug146 | 0 | 189,953,559,091 | 100% | ||
joeyarnoldvn | 0 | 535,985,064 | 1.93% | ||
livinguktaiwan | 0 | 872,312,576,320 | 50% | ||
apoloo1 | 0 | 1,520,829,600 | 5% | ||
adambarratt | 0 | 1,051,024,624 | 10% | ||
bluemoon | 0 | 168,737,825,613 | 100% | ||
shebe | 0 | 1,066,974,020 | 3% | ||
themarkymark | 0 | 2,356,317,340,310 | 8% | ||
pixelfan | 0 | 38,942,759,335 | 5.7% | ||
martibis | 0 | 8,328,335,494 | 10% | ||
shanibeer | 0 | 313,281,692,355 | 25% | ||
kimzwarch | 0 | 11,508,188,101 | 4% | ||
accelerator | 0 | 7,953,478,485 | 0.49% | ||
buildawhale | 0 | 5,579,835,963,988 | 8% | ||
veenang | 0 | 2,969,974,063 | 2.42% | ||
davidke20 | 0 | 8,640,088,247 | 16.18% | ||
therealwolf | 0 | 454,354,532,779 | 4% | ||
rodent | 0 | 1,883,853,961 | 9% | ||
makerhacks | 0 | 25,731,546,629 | 8% | ||
princeemmanuel | 0 | 1,347,914,320 | 100% | ||
namchau | 0 | 3,373,499,334 | 70% | ||
smartsteem | 0 | 466,851,545,598 | 4% | ||
sgt-dan | 0 | 16,191,347,057 | 10% | ||
tpkidkai | 0 | 529,276,548 | 5% | ||
upmyvote | 0 | 5,607,825,401 | 8% | ||
tmholdings | 0 | 1,219,035,200 | 3% | ||
hetty-rowan | 0 | 1,917,804,388 | 5% | ||
musethu | 0 | 1,538,506 | 100% | ||
sinochip | 0 | 16,440,766,568 | 40% | ||
jaquevital | 0 | 674,488,529 | 10% | ||
portugalcoin | 0 | 15,871,045,975 | 15% | ||
warnas | 0 | 41,464,891,886 | 10% | ||
philnewton | 0 | 5,701,040,261 | 75% | ||
trincowski | 0 | 81,212,407,519 | 25% | ||
iipoh06 | 0 | 519,750,682 | 100% | ||
bozz | 0 | 517,062,939,899 | 70% | ||
movement19 | 0 | 5,250,196,168 | 2% | ||
michelmake | 0 | 484,477,116 | 3.33% | ||
kymio | 0 | 523,414,373 | 3.75% | ||
bil.prag | 0 | 116,412,363,895 | 21% | ||
stmdev | 0 | 393,596,016 | 10% | ||
trumpman2 | 0 | 5,260,386,756 | 50% | ||
crystalhuman | 0 | 90,754,622,573 | 100% | ||
archisteem | 0 | 1,243,813,040 | 7.5% | ||
cryptoandcoffee | 0 | 1,446,445,398,812 | 100% | ||
fotostef | 0 | 99,633,245,599 | 50% | ||
cmplxty | 0 | 59,792,281,368 | 14% | ||
thedailysneak | 0 | 522,098,020 | 0.71% | ||
luppers | 0 | 530,024,634 | 5% | ||
altonos | 0 | 75,998,592,425 | 15% | ||
sasaadrian | 0 | 10,904,899,406 | 20% | ||
sbi10 | 0 | 88,006,139,144 | 74% | ||
khan.dayyanz | 0 | 953,249,209 | 5% | ||
jacuzzi | 0 | 3,374,631,650 | 3.33% | ||
mrsbozz | 0 | 12,488,432,745 | 50% | ||
steemegg | 0 | 1,650,042,112 | 4.04% | ||
cecilian | 0 | 1,193,994,035 | 16.18% | ||
src3 | 0 | 35,069,876,785 | 50% | ||
androshchuk | 0 | 6,752,578,986 | 100% | ||
contrabourdon | 0 | 4,900,449,025 | 3.33% | ||
epicdice | 0 | 1,235,701,965 | 1.2% | ||
helgalubevi | 0 | 6,379,184,472 | 25% | ||
botony | 0 | 0 | 1.32% | ||
haxxdump | 0 | 116,048,687 | 10% | ||
mitty | 0 | 3,713,326,275 | 25% | ||
ssiena | 0 | 3,100,175,406 | 14% | ||
abh12345.leo | 0 | 271,639,277 | 5.99% | ||
leovoter | 0 | 535,408,054 | 13.32% | ||
onealfa.leo | 0 | 1,220,941,339 | 6.66% | ||
empoderat | 0 | 24,985,429,598 | 50% | ||
vxc.leo | 0 | 139,367,804 | 12.5% | ||
freddio.sport | 0 | 9,613,661,725 | 50% | ||
taskmaster4450le | 0 | 40,488,607,403 | 10% | ||
thranax | 0 | 1,271,690,168 | 2% | ||
sbi-tokens | 0 | 1,044,253,204 | 1.43% | ||
cryptoandsports | 0 | 6,922,695,527 | 50% | ||
ufm.pay | 0 | 169,495,524 | 3% | ||
urun | 0 | 31,674,566,607 | 100% | ||
arslan.leo | 0 | 675,073,545 | 100% | ||
maxuvd | 0 | 28,084,592,575 | 8% | ||
fun.sports | 0 | 18,917,772,970 | 25% | ||
rpi | 0 | 16,827,196 | 10% | ||
sullijay1 | 0 | 446,579,678 | 60% | ||
tonimontana.leo | 0 | 954,963,323 | 41.9% | ||
tonimontana.neo | 0 | 0 | 1.99% | ||
bozz.sports | 0 | 23,778,840,243 | 60% | ||
oelgniksivart | 0 | 1,764,962,281 | 50% | ||
cabinet24 | 0 | 1,093,375,157 | 100% | ||
toni.ggame | 0 | 0 | 1.94% | ||
javb | 0 | 672,789,502 | 6.5% | ||
snoochieboochies | 0 | 522,845,757,097 | 50% | ||
lnakuma | 0 | 822,659,831 | 10% | ||
empoderat.leo | 0 | 83,217,894 | 50% | ||
toni.pal | 0 | 0 | 1.53% | ||
steem-holder | 0 | 11,930,607,015 | 14.5% | ||
platino94 | 0 | 309,038,434 | 50% | ||
cabinet24.sports | 0 | 636,466,898 | 100% | ||
alnash | 0 | 725,481,959 | 100% | ||
beewolf | 0 | 0 | 15% | ||
thisismylife | 0 | 9,609,311,617 | 50% | ||
creators-voter | 0 | 0 | 4.99% | ||
hiveonboard | 0 | 7,690,625,442 | 3% | ||
localgrower | 0 | 4,256,952,657 | 5% | ||
dealhunter | 0 | 45,912,570 | 10% | ||
poshbot | 0 | 4,759,132,623 | 8% | ||
recoveryinc | 0 | 2,875,723,850 | 4% | ||
dying | 0 | 9,691,472,723 | 4% | ||
dwixer | 0 | 1,188,047,867 | 6.66% | ||
discohedge | 0 | 457,058,684 | 3% | ||
eddie-earner | 0 | 1,552,419,193 | 10% | ||
abdul.qadir | 0 | 0 | 2.85% | ||
leovote | 0 | 3,843,432,718 | 100% | ||
leoline | 0 | 10,481,959,491 | 60% | ||
bdefinance | 0 | 144,029,156 | 100% | ||
lbi-token | 0 | 37,050,733,620 | 10% | ||
jmsansan.leo | 0 | 63,466,950 | 10% | ||
dhedge-drips | 0 | 2,686,051,798 | 3% | ||
ikaro | 0 | 300,359,065 | 6.66% | ||
shurbertum | 0 | 298,065,640 | 50% | ||
crc | 0 | 0 | 10% | ||
samrisso | 0 | 112,958,121,740 | 4% | ||
iikrypticsii | 0 | 27,010,265,623 | 70% | ||
archon-drips | 0 | 1,736,455,986 | 3% | ||
brofi | 0 | 91,888,536,199 | 3% | ||
jk6276.tribes | 0 | 11,548,778,933 | 9% | ||
trade60 | 0 | 143,249,290 | 50% | ||
ryanm1234 | 0 | 33,793,641 | 100% | ||
getpaidpaypal | 0 | 0 | -100% |
I'm glad that you found Paula's stuff! She's amazing at Excel and a real maven at that type of stuff. The trading journal sounds like it's probably a good idea to set up. I haven't set one up and I am not really a day trading person, though I've tried and got my hands burned badly doing it hahaha. I will have to take a look at Paula's format!
author | cmplxty |
---|---|
permlink | re-erikah-qs0u6x |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.04.2"} |
created | 2021-04-23 14:42:33 |
last_update | 2021-04-23 14:42:33 |
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pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 345 |
author_reputation | 561,470,838,478,992 |
root_title | "Get Your Trading Journal Ready" |
beneficiaries | [] |
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percent_hbd | 10,000 |
post_id | 103,235,122 |
net_rshares | 43,583,938,411 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
friendsofgondor | 0 | 34,099,213,518 | 5.2% | ||
misterengagement | 0 | 5,718,889,614 | 20% | ||
leovote | 0 | 3,765,835,279 | 100% |
I agree, this tool is really good and can be helpful for many. It is a good idea trust me. You have your trading history on the exchange page, but going through each and every one of them, looking for what you need is time wasting and nerve wracking. I', sorry to hear you got hurt, but in this business most of us are, sooner or later. !ENGAGE 20 Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@erikah/re-cmplxty-2oy6t7)
author | erikah |
---|---|
permlink | re-cmplxty-2oy6t7 |
category | hive-167922 |
json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@erikah/re-cmplxty-2oy6t7"} |
created | 2021-04-23 17:12:54 |
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root_title | "Get Your Trading Journal Ready" |
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percent_hbd | 10,000 |
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author_curate_reward | "" |
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---|---|---|---|---|---|
leovote | 0 | 3,689,572,817 | 100% |
<center> Thank you for your engagement on this post, you have recieved <code>ENGAGE</code> tokens.</center>
author | misterengagement |
---|---|
permlink | re-re-erikah-qs0u6x-20210423t171305z |
category | hive-167922 |
json_metadata | "{"app": "beem/0.24.20"}" |
created | 2021-04-23 17:13:06 |
last_update | 2021-04-23 17:13:06 |
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last_payout | 2021-04-30 17:13:06 |
cashout_time | 1969-12-31 23:59:59 |
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root_title | "Get Your Trading Journal Ready" |
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Thanks it's true you always have to keep track of the operations, the Binance excel sheet was useful Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@trade60/re-erikah-5moj55)
author | trade60 |
---|---|
permlink | re-erikah-5moj55 |
category | hive-167922 |
json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@trade60/re-erikah-5moj55"} |
created | 2021-04-24 20:55:03 |
last_update | 2021-04-24 20:55:03 |
depth | 1 |
children | 1 |
last_payout | 2021-05-01 20:55:03 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
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author_reputation | 700,928,527,190 |
root_title | "Get Your Trading Journal Ready" |
beneficiaries | [] |
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percent_hbd | 10,000 |
post_id | 103,266,449 |
net_rshares | 0 |
The good thing about it is that it has the fees included in the calculation. It may not be huge but if you're a trader, in time it can mean something. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@erikah/re-trade60-aj9q2)
author | erikah |
---|---|
permlink | re-trade60-aj9q2 |
category | hive-167922 |
json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@erikah/re-trade60-aj9q2"} |
created | 2021-04-25 14:20:30 |
last_update | 2021-04-25 14:20:30 |
depth | 2 |
children | 0 |
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cashout_time | 1969-12-31 23:59:59 |
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root_title | "Get Your Trading Journal Ready" |
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