How to Keep a Trading Journal: What to Track and Why Most Quit
Most traders who start a trading journal quit within a week. Not because journaling is complicated, but because it is tedious and the payoff is invisible for a long time.
Most traders who start a trading journal quit within a week. Not because journaling is complicated, but because it is tedious and the payoff is invisible for a long time.
Before you place a single forex trade, you need to know how much you lose per pip. Here is the plumbing of forex — pips, lots, and pip value — worked out with real numbers.