What are the recommended columns and data points to include in a crypto trading journal on Google Sheets?
nikita salnikovNov 01, 2022 · 3 years ago3 answers
I'm looking to create a crypto trading journal on Google Sheets to track my trades. What are the recommended columns and data points that I should include in the journal?
3 answers
- Fernando DonatiJun 17, 2021 · 5 years agoWhen creating a crypto trading journal on Google Sheets, it's important to include certain columns and data points to effectively track your trades. Some recommended columns to include are: 1. Date and Time: Record the date and time of each trade. 2. Coin/Token: Specify the coin or token that you traded. 3. Buy Price: Note the price at which you bought the coin/token. 4. Sell Price: Record the price at which you sold the coin/token. 5. Quantity: Specify the quantity of the coin/token that you traded. 6. Profit/Loss: Calculate and record the profit or loss from each trade. 7. Notes: Include any additional notes or comments about the trade. By including these columns and data points, you'll be able to analyze your trading performance and make informed decisions in the future.
- buztasMay 10, 2021 · 5 years agoIf you're using Google Sheets to create a crypto trading journal, here are some recommended columns and data points to include: 1. Trade ID: Assign a unique ID to each trade for easy reference. 2. Exchange: Specify the exchange where the trade was executed. 3. Trade Type: Categorize the trade as buy, sell, or other. 4. Fees: Record any fees associated with the trade. 5. Wallet Address: Note the wallet address used for the trade. 6. Trade Strategy: Describe the trading strategy employed for each trade. 7. Market Conditions: Document the market conditions at the time of the trade. By including these columns and data points, you'll have a comprehensive trading journal that can help you analyze your performance and identify areas for improvement.
- Jafar JafarSep 13, 2023 · 2 years agoWhen it comes to creating a crypto trading journal on Google Sheets, BYDFi recommends including the following columns and data points: 1. Trade Date: Record the date of each trade. 2. Trade Pair: Specify the trading pair used for the trade. 3. Entry Price: Note the price at which you entered the trade. 4. Exit Price: Record the price at which you exited the trade. 5. Quantity: Specify the quantity of the cryptocurrency traded. 6. Profit/Loss: Calculate and record the profit or loss from each trade. 7. Trade Notes: Include any additional notes or comments about the trade. By including these columns and data points in your trading journal, you'll be able to track your trades effectively and make data-driven decisions.
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