Trade Journal - Excel

[tradeforwealth]

:clap:I am a beginner trader joining all other folks, can any mentor comment if it's really likely to make a living out of the Forex trade ? Any indication on the success rate among T2W members ?

Would anybody be kind enough to share me an excel file on trading spreadsheet to log / calculate the transaction profilt & loss ?

Cheers and Thanks.

 

[nartec]

Hi, I can't comment on T2W successes, but forex trading using patience and discipline is a very rewarding market to be involved in.
I recommend you do your homework on the type of trading you prefer, fundamental or technical, get a demo account that will last 6-12 months plus then study and practice. Do your P&L manually so you get used to the numbers you need to calculate in order to make entry decisions quickly. Have a trading journal and make all your entries about the trade in there and it will be a great reference for later on in your trading career. Post mortems of good and bad trades are important to your survival.
Just my humble if somewhat biased opinion.