Trading Diary | Be in control of your Financial Profile.
May 30, 2022 10:00 PM
This google sheet, contains three spreadsheets.
1. Financial Profile: Use this to visualise your financial situation.
2. Trading History: Document your wins and losses. Included a quick position size calculator. Perfect to keep track your progression as we are now trading together with Sheldon!
3. Compounding: This is a quick and easy overview on how powerfull compounding with trading and investing. A true snowball effect!
Through visualising your money In-flow and Out-flow, you will gain control over your financial profile. When you know what comes in and goes out, you are able to take it one step further in terms of investing (DCA) or opening a trading account. When you know what comes in and goes out, you are able to take it one step further in terms of investing (DCA) or opening a trading account.
Savings Overview: Use this in order to look 2 years ahead. How long would it take you to save up (x) amount of cash? Make sure you have a healthy balance between saving & investing. As investing or trading could result loses.
This template should help you to determine how much risk you can afford (potentially) losing.
How does it work?
Create a copy of the google sheet & edit according to your liking. Most of the template is self explanatory. Enjoy your trading.
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