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28 For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it? 29 Otherwise, when he has laid a foundation and is not able to finish, all who see it begin to mock him, 30 saying, ‘This man began to build and was not able to finish.’
I want to be able to count the cost and finish well. I export my trades from NinjaTrader into excel and use it to help me count the cost. However, I haven't taken many screen shots of my NinjaTrader window in the past, and I'm going to try to improve upon that here. I'll also include screen shots of how I use excel to help me, because that's where my real "journal" has always been.
I appreciate any input you all have and look forward to learning as much as we can together!
Pretty standard channel to start the day. I saw some resistance at 45 (not pictured) which worked nicely with my bear channel and put the short trade on with two targets.
I gave up a good amount of ticks at the end of the day. I expected a retest of the low at 43.00 which hasn't happened yet. I saw more strength in the pullback than I would have liked and exited.
Here's my real trade journal in Microsoft Excel. This is where I import my NinjaTrader trades automatically each day and have it calculate the fees and taxes I can expect. It has really helped me "count the cost".
