What to write in a diary of operations

Another reason for keeping a journal of operations of the forex is to stay organized and disciplined. All traders are influenced by pride, greed, anger, etc.

• Discipline is necessary and since most traders fail to keep writing without notes, a newspaper is a perfect tool to keep cool and calm. What to write? Track position is key to rapid improvement. Here are some suggestions.
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• Knowing "when” or record the date and time they entered and left by one position.
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• Knowing "where", or which currency pair is being traded and whether the exchange was long or short.
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• Keep track of prices also output. This will show whether trade has proved advantageous or disadvantageous. Write the size of the market, or the amount of currency bought, even if they are mini lots.
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• Note the number of pips that were gained or lost. This will give you a total return immediately. For example, 27 pips, and then 10 Pips-52 pips.
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• Write how much money you won or you lost. This will give you the opportunity to find gains and greater losses among all positions and understand what went well and what has turned into a bad decision.
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• Write in session that you have negotiated. New York? London? Asia?
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• A great way to get a complete picture is to have the screens of the trade. You can write your thoughts and ideas, to analyze the best decisions.
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• Always keep an extra space to write your feelings and emotions before and after the trade. This is not only beneficial to the trading forex, but you can also tell a lot about your personality!
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• The idea is to write everything about the positions and Forex.