Trading Diary
MURF ALGO tools help you to manage risks and manage your deposit.
On this page
MURF ALGO trader has a great tool to track each trade and generate smart report to see progress. Trading Diary available in all plans.
Why do I need it
Trading Diary helps you to track all your trades and see trading progress. You will get a personal report which can help in case you want to prove your trading achievemnets.
Be prepared to prove validity of your profit when crypto regulation come
First start
Get access to your personal Trading Diary. Fill yellow cells in the configuration part with your personal data.
Use position size calculator to calculate deposit for each asset (check how to use it).
Open a position by MURF ALGO signal and add your trade to the Diary:
Date - position open date
Asset - asset which you trade
Buy price / Sell price - fill Buy price (for long) or Sell price (for short)
Total Buy / Total Sell - fill Total Buy in coins for long or Total Sell in coins for short.
Fees - exchange fees for the position
After position closed add information about Buy or Sell price and Total Buy or Total Sell.
Example
Open short position
Adding this trade to the diary:
Add date
Add asset
Add Sell price (cos position is short) aply short color to the Sell price cell
Add Total sell in coins
Add Fees
Once this position will be closed, this record should be updated with:
Buy price (we buy to close short)
Total buy in coins (the same amount as in Total Sell)
Fees
After that, this record will be completed and you will see profit per this deal (auto calculated)
Tricks
You don’t need to add each record after you open position. You can do this once a week, using trades history in the exchange. This requires careful and accurate copying from exchange history to trading diary. If you just started - add records immediately after opening a position.
Close current month in the beginning of the next month. Group all records fomr the previous month and calculate total profit for the month. Chart will update automatically.
💡 Calculate position size (with position size calculator) each month to reinvest profit from the previous month.