Trade Bitcoin Trading

Excel Bitcoin Spread sheet Trade Journal Book

Excel Bitcoin Spreadsheet Journal will track all your btcusd trade transactions in a Excel Bitcoin Spreadsheet Journal. By following this simple and easy to follow excel btcusd crypto spreadsheet trading journal writing tip, you as a trader can easily improve your bitcoin results. Here is how you do it:

Step 1 - Write down WHY you're making a bitcoin trade BEFORE executing a trade transaction on your excel bitcoin spread sheet journal.

Prior to opening a btcusd crypto trade, write-down in a excel bitcoin spread-sheet trading journal the reasons why you are making the bitcoin trade. Just write-down in excel bitcoin spreadsheet journal a few key reasons why you are making this bitcoin transaction. Be honest with this excel bitcoin trade spread-sheet journal. If you're honest, a bitcoin journal will prevent you from making the biggest mistakes in your bitcoin trading. If you see that you are making the bitcoin trade transaction because of anything other than a sound bitcoin strategy. DO NOT MAKE THE Bitcoin Crypto Currency TRADE TRANSACTION!

If you make a losing bitcoin crypto currency transaction, don't open another bitcoin trade transaction immediately so as to earn profits to neutralize the losses you have made, this is referred-to as revenge bitcoin crypto trading, don't revenge against the btcusd cryptocurrency market. Switch off the Desktop computer, walk away, and take a very cold shower to cool down. And remember that you'll never lose money that you do not put in. A winning trading strategy is not only about how much you win, but how much you do not lose.

Step 2 - Write down how you will exit the bitcoin trade transaction PRIOR TO making the btcusd trade.

Don't get trapped with a great entry btcusd crypto strategy without an exit strategy. Your bitcoin strategy should have both great entry and exit bitcoin strategies. One is useless without the other.

But you ask, Why bother? I know my bitcoin exit strategy. Why do I have to write it down?

Well, the reason is this: human beings are at best irrational, impulsive, & emotional creatures. If you have your bitcoin crypto currency exit strategy written down, you have a point of reference when you as a trader get out of a bitcoin transaction. You will refer to your excel bitcoin spreadsheet journal BEFORE exiting a bitcoin trade. If you are closing a trade for any reason other than your original btcusd crypto exit strategy, you as a btc/usd trader must ask yourself why?

Your excel bitcoin spread sheet trading journal will save you more money than you can imagine. It will prevent you from making the impulsive moves, which is usually why bitcoin traders lose funds in cryptocurrency trading.

Step Three - Write down why you exited the btcusd trade.

This should be the same reason which you wrote down in step 2. If it's not, it's up to you to interpret it. The most common reason why most traders deviate from their trading strategy is lack of discipline. Your excel bitcoin spread-sheet trading journal will be looking back at you with glaring evidence of exactly why you are not a winning Bitcoin trader.

Step 4 - How to Analyze the BTC/USD Crypto trading results

You must learn from your own mistakes in bitcoin crypto currency trading. This is the best way for anybody to improve their profits. Everyone makes mistakes, but great bitcoin crypto currency traders are able to learn from them & not repeat.

And the best way to learn from your mistakes is to write down and doc them in a excel bitcoin spread sheet journal. A few years down the road, you can still look back and realize that you are still making the same errors you were when you first began cryptocurrency trading.

This info cannot be found in any book or seminar. Your excel btcusd crypto spreadsheet trading journal is personal and is uniquely you. Your character personality will determine the type of bitcoin trader you will become, and also will determine the type of mistakes you will make.

Not only does your excel bitcoin spread sheet trading journal highlight your weaknesses, it'll reveal the bitcoin trade transactions that are the most profitable. After a little while you will see the type of bitcoin trade transaction setups that make you the most funds, and a bitcoin crypto pattern setup will emerge. Don't let this data on your excel bitcoin spread-sheet trading journal go to waste.

You should do all effort to understand why those btcusd crypto trades went well and try to replicate it as often as possible. Profitable btcusd crypto traders know their strengths & weaknesses. They play on their strengths and try to cap their weakness.

Do not get lazy and forget to write down in your excel bitcoin crypto currency trade spreadsheet trading journal. Documenting your thought process is the fastest & surest way to get better at btcusd crypto trading. Do this consistently, & you will learn more about your habits than you can imagine.

Your bitcoin goal is to identify & break the bad habits as soon as possible. If you notice that you always cling on to a losing bitcoin trade transactions too long, you should do everything in your power so that you prevent this from happening again.

Summary

Your excel bitcoin crypto currency trade spread sheet trading journal is bitcoin. It contains a wealth of data which will play a vital role in your success as a btcusd crypto trader. We strongly urge you to use it for at-least one month. If it has not helped improve your bitcoin profits in thirty days, then feel free to stop. But be sure to try it before deciding not to. It may be just the bitcoin tool needed to push your bitcoin trade to the next level toward becoming a successful trader.

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