MaxR is a very simple metric that can help you optimize your trading strategy. Learn how it works and what to look for.
I’ve complained about trading journals in the past and I finally realized that the only way to have the trading journal I want is to make it myself. Here’s what we have created.
You probably know about MFE. But do you also track MaxR? In this post, I’ll show you why MFE only gives you half of the story and how MaxR can help you dramatically improve your profit per trade.
Most traders do a risk multiple analysis on their trades and that’s great! But if you take it one step further and examine these advanced R-metrics, you can gain greater insights into how you can improve your trading strategies.
Journaling missed trades is an often-overlooked way to improve your trading results. Learn how to do it and the top 5 ways that it can take your trading to the next level.
Learning any skill is all about mindful practice. Flash Cards are the most efficient way that I know of to practice your trading strategies. Find out how it works, who it is for and how you can setup your first deck right now.
Did you know that Trello can make a great trading journal? It has a lot of features that make it perfect for Forex traders. Find out what they are here.
A lot of traders don’t fill out their trading journal because it seems boring and unnecessary. But it is the only way that you can figure out how to improve your trading. So in this post, I’ll give you some tips on how to make it painless and fun (yes, even fun).
I’ve been looking for a practical Forex trading journal, but I haven’t been able to find one. Therefore, I still use MyFxBook with Evernote. Here is what my ideal journal would look like.
If you only have one trading account, it can be tough to track the performance of multiple trading methods since all the trades are mixed together. How do you know what the starting balance is for each trade? How can you mark each trade with the trading method used? This post will show you exactly how to do it.
If you use MyFxBook to journal your trades like I do, you may still be missing out on some valuable trading information. Learn how also using Evernote can be a good compliment to your Forex trade journaling.
MFE and MAE are trading metrics that are not talked about too often in trading education, and for good reason. They can be a little confusing. But if you understand them, they can give you deeper insight into your trading performance.
If you are having trouble journaling your trades in a notebook on a website, then video journaling may be for you. This post will show you the easiest ways to do it.
If you are looking for a way to automatically track your trading results, MT4i could be a good option for you. It will give you a lot of metrics that will allow you to figure out what you are doing well and what you can improve on. This post will help you get started.
In this video review, I check out the free Forex trade reporting website MyFxBook. It was created by GFT and makes it super easy to automatically log your trades and get easy to read reports and graphs. You can even add notes and screenshots to each trade. Find out what I thought about it and if it is worth paying for another option or if free really is best.
This post will show you how to get MyFxBook working with Oanda. It can be a little tricky, so follow these steps.
I haven’t really been looking too hard for a free online forex trading journal because the solutions I have seen in the past have been pretty disappointing. I stumbled upon this site on Twitter and I was quite surprised. It is called MeetPips.com and it might not be the ultimate forex trading journal, but it […]