Thank you for showing this and for the very useful template, I am not understanding the long / short indicator tool, is it just for the screen shot or is it also used when you place trades ?
If you have multiple positions in a trade, calculate each individual position as its own trade using the pip calculator. For example, one position your risking 30 pips at a .20 and the second your risking 40 Pips at a .10. Overall, your risking 100 dollars. Therefore, you should already have a idea of the percentage of your account your risking before going into the trade. Your Take Profit Should be at least 110 dollars to negate fees and spreads to equal a 1x risk/reward. Simply put, calculate each individual entry as its own then add the amount together. Hopefully that helps out
@@gerrygermany3259 I am not aware of a way specifically, but the calculations should be the around the same. If not, I think you are able to modify the currencies default
Hey, I sort of did a mixture to keep up the pace of the video. However, later on there is an example showing the process going through the trading journal.
Thank you very much, very helpful.
THANKS BROTHER BEST TRADING JOURNAL FOR ME SO FAR ...
Thank you bro 🔥
thankyou very much for that i searched a lot and finally found it🎉
No problem! I hope it’s helpful. Let me know if you need any help. Make sure to make a copy of the document.
Thanks for making journaling this easy appreciate
Thank you so muchhh bro. Youre a life saver
Thank You so much. Happy New Years
Thank you so much man! I have been searching for like an hour and finally found what I need.
Glad to be able to provide the tool.
Thank you. Excellent video!
great video!!
cool I learned about trading in the nfc community
Thank you!
Thanks man. the last part that shows a graph is all I can see. i did not see the spread shit
If you look at the bottom left it shows both Journal and Statistics. You can alternate between both of them.
Thank you
Thank you for showing this and for the very useful template, I am not understanding the long / short indicator tool, is it just for the screen shot or is it also used when you place trades ?
It’s for the screenshot, also just for the video. Most of the time when you take trades they have their own indicator.
How do I use this if my trade risk drops after a first loss. 0.5 risk drops to 0.3 after first loss
If you have multiple positions in a trade, calculate each individual position as its own trade using the pip calculator. For example, one position your risking 30 pips at a .20 and the second your risking 40 Pips at a .10. Overall, your risking 100 dollars. Therefore, you should already have a idea of the percentage of your account your risking before going into the trade. Your Take Profit Should be at least 110 dollars to negate fees and spreads to equal a 1x risk/reward. Simply put, calculate each individual entry as its own then add the amount together. Hopefully that helps out
is there a way to Change it into € ?
@@gerrygermany3259 I am not aware of a way specifically, but the calculations should be the around the same. If not, I think you are able to modify the currencies default
@@theextratraderfx ok i will give it a try, sorry for my Bad english , iam come from Germany✌️
Make sure to Make a Copy through File->Make a Copy shown in the video. Access Request Will Not Be Granted. This is important to have your own copy.
You should have teach us how to do it rather than show to us
Hey, I sort of did a mixture to keep up the pace of the video. However, later on there is an example showing the process going through the trading journal.
@@theextratraderfx Ohk sir
Nice, for 1970