It took me awhile to come up with a spread sheet that I’d actually fill out. I’ve attempted this on a many of occasions but failed to continue to update. Finally during the Christmas holiday I was able to come up with a simple, but effective, spread sheet that I’ve stuck to daily. This year I had decided that I could not touch a trade until 3 risk units have been obtained because I felt that I’m finally at the point in my trading career that I’m really good at picking stocks that have tradeable voids. I’ve found that tracking my stats have really boosted my results in the fact that now I’m looking to improve my numbers on a daily bases now, wow! As you can see from my spreadsheet, my batting average is at 70% for winners and that I’ve had this number up as high as 77%, my goal is 80%. I’m up 16.22 risk units of profit for the month and I feel this can be improved upon. Now I keep track of everything which helps me pinpoint areas that I need improvement.
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By TraderHank
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