Do you record your FX daily profit and loss every day?
Do you record your FX profits and losses every day?
I am currently using a very simple household accounting app to manage my finances.
High-featured apps are convenient too, but if you’re doing it daily, a simple one feels easier to use.
By recording FX profits and losses, you begin to notice “habits” you weren’t even aware of.
For example, in my case,Friday's results aren’t very good.
I can’t say for sure the reason, but since I mainly aim for trend markets, I think Friday-specific market conditions may not agree well with me.
Being able to make these discoveries is only possible because I’m keeping a record of my profits and losses.
I am currently using a very simple household accounting app to manage my finances.
High-featured apps are convenient too, but if you’re doing it daily, a simple one feels easier to use.
By recording FX profits and losses, you begin to notice “habits” you weren’t even aware of.
For example, in my case,Friday's results aren’t very good.
I can’t say for sure the reason, but since I mainly aim for trend markets, I think Friday-specific market conditions may not agree well with me.
Being able to make these discoveries is only possible because I’m keeping a record of my profits and losses.