Trade Bitcoin Trading

Excel BTCUSD Crypto Spreadsheet Trade Journal Book

Excel Bitcoin Spreadsheet Journal will track all your trade transactions in a Excel BTCUSD Crypto Currency Spreadsheet Journal. By following this simple and easy to follow excel trading bitcoin spread-sheet journal writing tip, you can easily improve your trading bitcoin results. Here is how you do it:

Step 1 - Write down WHY you are making a bitcoin trade PRIOR TO opening a bitcoin trade on your excel trading bitcoin spread sheet journal.

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

If you make a losing btcusd crypto currency trade, don't open another bitcoin crypto currency trade immediately so as to earn profits to neutralize the losses you have made, this is referred-to as revenge btcusd crypto currency trading, don't revenge against the btcusd cryptocurrency market. Switch off the Desktop computer, walk away, & 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 isn't only about how much you win, but how much you do not lose.

Step two - Write down how you'll exit the bitcoin crypto currency trade PRIOR TO making the btcusd crypto currency trade.

Do not get trapped with a great entry bitcoin strategy without an exit strategy. Your trading bitcoin strategy should have both great entry & exit trading bitcoin trading strategies. One isn't useful without the other.

But you ask, Why bother? I know my bitcoin trade exit strategy. Why do I need to write this down?

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

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

Step 3 - Write down why you exited the btcusd crypto currency trade.

This should be the same reason which you wrote down in step 2. If it's not, it is upto you to analyze it. Most often reason why traders deviate from their trading bitcoin strategy is lack of discipline. Your excel btcusd crypto currency spread sheet trading journal will be looking back at you with glaring evidence of precisely why you are not a winning BTCUSD Crypto Currency trader.

Step 4 - How to Analyze the trading Bitcoin results

You must learn from your mistakes in trading bitcoin. This is the best way for anyone to improve their profits. Everybody makes mistakes, but the great btcusd 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 trading bitcoin spread sheet journal. A few years down the road, you can still look back and realize that you're still making the same errors you were when you first began trading bitcoin.

This information can't be found in any book or seminar. Your excel bitcoin spread-sheet trading journal is personal & is uniquely you. Your personality will determine the type of btcusd crypto currency trader you'll become, & will also determine the type of mistakes you'll make.

Not only does your excel trading bitcoin spread sheet journal high-light your weaknesses, it will reveal the trade transactions that are the most profitable. After a little while you'll see the type of bitcoin trading set-ups that make you as a btcusd trader most equity, & a trading btcusd crypto currency pattern setup will emerge. Do not let this information on your excel btcusd crypto currency spreadsheet trading journal go to waste.

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

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

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

Summary

Your excel bitcoin trading 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 currency trader. We strongly urge you to use it for at-least 1 month. If it has't helped improve your trading 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 trading bitcoin tool needed to push your trading bitcoin to the next level towards becoming a successful trader.

Learn More Lessons and Topics:

Forex Seminar Gala

Forex Seminar

Bitcoin Broker