Trader Dale Volume Profile
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Backtesting & getting started<br />
Trading journal<br />
You need a trading journal in order to keep a good track of your<br />
trades, to have a solid statistics and to help you through tough times<br />
or with improving the strategy.<br />
Have a journal that suits you. If you are an analytical type and<br />
collecting and analyzing vast amounts of all kinds of data helps you<br />
improve your trading – go ahead and make it complex! If you don't<br />
like working with a lot of data and prefer keeping it simple – no<br />
problem. Just make sure that you write down all the essentials that<br />
you need to review your past trades well enough for you to learn and<br />
improve.<br />
Your journal should contain at least: date, instrument (symbol), level<br />
value, profit/loss and notes about the trade. I think it is important<br />
The more detailed<br />
data you collect, the<br />
easier it will be to<br />
backtest, optimize,<br />
test new ideas or<br />
find any problems<br />
that need fixing.<br />
to write down any mistakes you did (breaking rules,…) and also what you did well in the notes<br />
section. Extremely useful is also taking screenshots of your trades and reviewing them later.<br />
Remember – the more detailed data you collect, the easier it will be for you to backtest, optimize,<br />
test new ideas or find any problems that need fixing.<br />
Your trading journal can look for example like this:<br />
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