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Trading journal template: Free Excel sheet and how to use it
A trading journal template is a spreadsheet with one row per trade: entry, stop, target, size, exit, the result in dollars and in R, and a few honest…
Tag: losses
16 posts tagged losses, newest first.
16 posts · page 1 of 3
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Is day trading gambling? What the numbers actually say
For most people who try it, day trading works like gambling: the expected result after costs is a loss. Two large studies of real accounts say so. In…
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Stop loss trading: Where to put the stop and how much to buy
A stop loss in trading is the price where you admit the trade idea was wrong and get out. Put it where the chart says the idea is broken – below the…
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Once you learn the skill, noone can take it from you
Trading is hard. But it’s not something we think about much at first, because many books and videos leave the impression that it can be quite easy…
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Drawdowns are like scars showing that we have survived
The stock market is not a friendly place, where everyone is guaranteed to make money by having exposure in securities. It’s a highly competitive…
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Placing trades should be boring
I remember listening to traders speak on podcasts about trading having finally clicked to them, and being in a starting phase during my first six…