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What Is It?A forex trading journal is a notebook, spreadsheet, or other record where you keep details about each trade that you make. These details should include the decision making or strategy behind the trades. You will also want to note down every detail of the trade, including the date, what currency pair was involved, direction of proposed movement, entry price, planned exit price, the trade size, pips target, pips returned, profit or loss, and the relevant trading session. You can also put in a screen shot of the trade if you want to for future reference. Why Keep This?If you have a forex trading journal, you won't have to rely on your memory to remember every mistake you have made in the past as well as every profitable trade you've been able to accomplish. As a trader, you should know that trading currency is a non stop education and experience is often the best teacher. You will give yourself the best chance to succeed by analyzing the various elements of your good and bad trade decisions. This will allow you to emulate profitable trades and, at the same time, avoid the trades that cost you money. You will find that a forex trading journal provides benefits in many other ways including the way that it will make you think and analyze your activities. You might be the only one that ever reads it but it still will change the way that you approach future trade decisions. Seeing your trades in black and white can be a sobering experience and adds a dash of reality to what can just seem like paper transactions.

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Retail brokers, while largely controlled and regulated in the USA by the Commodity Futures Trading Commission and National Futures Association, have previously been subjected to periodic foreign exchange fraud.

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A seller who provides owner financing will need to get the mortgage recorded in accordance with the specific execution and acknowledgement requirements of the State of Texas.

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However, in some cases you may close a decent trade and lose out, just because you were not patient enough.

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Any currency professional can tell you that cash has been king since the dawn of the modern currency markets in the early 1970’s.