Trading
Recording your trades
By Dr Wealth  •  November 13, 2009
[caption id="attachment_3448" align="alignright" width="150" caption="Photo by nolifebeforecoffee'"]Photo by nolifebeforecoffee'[/caption] Like many successful traders, Dr Alexander Elder advocates all to keep a record of the executed trades. As the saying goes, “what gets measured, gets improved”. Hence, a proper record enables a trader to review and learn from the mistakes. In “Come Into My Trading Room”, he recommends the following information to be captured for each trade: 1) Entry date 2) Long or Short 3) Ticker (stock symbol or the name of the contract) 4) Contract size 5) Entry price 6) Commission Read more...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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