To share your trading operation, you'll want to provide details about the specific trades you've made. Here's a general outline of what you can include ¹:
- *Trade Details*:
- *Position*: Describe the position you opened, including the financial instrument (e.g., currency pair, stock, or cryptocurrency).
- *Entry and Exit Prices*: Specify the prices at which you entered and exited the trade.
- *Volume*: Mention the volume of the trade, including the number of lots or units.
- *Trade Type*:
- *Buy or Sell*: Indicate whether you opened a long (buy) or short (sell) position.
- *Order Type*: Specify whether you used a market order, limit order, stop-loss order, or take-profit order.
- *Trade Outcome*:
- *Profit or Loss*: Report the profit or loss resulting from the trade.
- *Return on Investment (ROI)*: Calculate the ROI as a percentage of the initial investment.
- *Rationale*:
- *Analysis*: Explain the analysis or reasoning behind your trading decision.
- *Market Conditions*: Describe the market conditions at the time of the trade.
When sharing your trading operation, consider the following:
- *Accuracy*: Ensure that your report is accurate and includes all relevant details.
- *Context*: Provide context for your trade, including the market conditions and your investment goals.
- *Lessons Learned*: Reflect on what you learned from the trade and how you can apply those insights to future trades.