What are the benefits of a diary?
Almost every businessman, as well as representatives of any other profession that requires time planning, has a diary. Why is a diary so popular, and what are the benefits of keeping a diary? Let's highlight just a few of the main reasons.
Helps you prioritize
With its help, you can separate the main tasks from the secondary ones and determine the degree of importance of each task at the moment. Calculate the approximate time required to complete a certain task and compare it with the actual time spent. This is how you learn to analyze and plan further work.
Strengthens motivation
It would be correct to highlight not only the pages on which you will record work tasks, but also those related to your free time. This could be a hobby: gym, swimming, cycling, hiking, sports classes, attending personal growth training, handicrafts. In addition to everyday tasks, set aside a separate page for your own achievements , where you write down your personal successes, even if they seem insignificant to someone.
How to choose the right diary?
What to look for when buying an assistant for planning tasks? The main rule is that the diary should be visually pleasing. This will act as additional motivation to conduct it correctly. Be guided by your own taste, while not forgetting that your new assistant should be compact. You will have to carry it with you everywhere, which means it should not take up much space. Situations in life are different, so take this into account when choosing a diary.
You are buying it for at least twelve months, so the paper must be of high quality so that in the process of taking notes you do not encounter such a phenomenon as page burnout. You can also order a diary based on an individual project, which will best highlight the characteristics of its owner, regardless of gender and age. There are leather-bound diaries, with pages numbered or not, with the ability to enter contacts and phone numbers, which will not be amiss.
How you keep notes is up to you, but time management should be fun and develop a strong habit of not giving up on it in the first days. Therefore, the choice of this item must be taken correctly and with full responsibility.
Types of diaries: with or without dates?
There are two types of diaries: with and without printed dates. A dated diary is designed so that its owner will clearly structure his working time. This type of notepad will allow you to solve more problems with increased efficiency, thanks to the correct distribution of time resources and the use of personal energy costs. If you need to plan events, meetings, events for several weeks or months in advance, a dated diary is suitable for you.
Diaries without dates are designed for people who are not very keen on planning and are not fans of restrictions. Such notebooks are loved by creative individuals who do not need to plan events or meetings several months in advance. In addition, such a diary is perfect for those who are not going to plan every day, but can sometimes skip days, making them free from planning.
My trade journal: detailed description
I noticed an interest in ways to keep a transaction journal and decided to write detailed instructions for my transaction journal. I’ll say right away that the skeleton itself was stolen from Rezvyakov, but I shoveled it all over, slightly optimized the filling method, and, in my opinion, made it a little more convenient! I hope this topic will be useful for beginners, because... I myself have been worried about keeping a transaction journal for a very long time!
So, the appearance:
The file has four tabs: Deals - respectively, the main tab with deals Data - information from Kwik is translated here, and data is copied from here to the Deals Strategy tab - basically a technical tab, I’ll explain later why it is USD rates - dollar rates are exported here directly from the website RTS
<<< Data >>>
For convenience, the figure is divided into two parts; the first part contains data from Kwik, respectively from the table of transactions, funds and the table of quotes for price and GO. The second part is intended to combine information from the transactions table for copying to the transactions journal in a more convenient form; in fact, it is a Pivot table built by order number, everything else is pulled up by formulas! To update this table, just click the Pivot button. IMPORTANT: each transaction must be executed with one order!
<<< Deals >>> Upper left area:
— contract value in points, in rubles — collateral (GB) in rubles (from Kwik), as a percentage of the contract value — leverage, calculated as a percentage
Top right area:
- entry volume (calculated as (cash. average minus GO of one contract) / GO) - stop loss according to the strategy is filled in by the trader as a percentage of the account, then calculated in rubles - funds from Kwik - commission: intraday and when transferring for the next trading period - the beginning of the trading day is for calculations
Description of the columns of the transaction journal itself:
Transaction number Date Time Price (weighted average price in points) Transaction amount (quantity * price in points, this is for calculations) Dollar exchange rate on the opening date (updated each time the file is opened and manually when the button is pressed) Commission Den. Wed by the time the trade is opened Exit date Exit time Exit price Trade amount Reason for closing (I will explain below what this is) Stop loss in points, calculated based on the entered percentage Break-even in points Trade goal (calculated based on a percentage of the account , which is entered in cell Q9, there I have 10%) Profit in rubles Profit in percentage Account correction (input/withdrawal, deductions are entered here, this amount will affect the cash by the time the next transaction is opened) Comment, you can go here write anything, just for statistics
FILLING OUT So let's start filling out, we have 100,000 rubles, we are trading 10 contracts, stop loss 2%, target 10%.
Suppose you bought 10 contracts, immediately after the order is executed, the Data tab will be updated, go there and update Pivot!
Select the data and copy it to the Deals tab, respectively, to the input (it’s better to copy Paste values)
Enter!) The stop loss, breakeven and target levels were immediately calculated. Also, while we are in a position and there is a connection with Quick, the profit on the position is calculated in real time. By the way, in the Quantity column, if long is +10, if short is -10, and long is an up arrow, short is a down arrow, they are set themselves, it should work on the latest versions of Excel!
Let's go!) We also make a deal, update, copy! BUT, from the Data tab we copy without quantity, because this is it and you don’t need it anymore!
Here's what happened:
Fill in the Reason for closing the goal (this is a drop-down list from the Strategy sheet), here I put Goal +, because Let's assume that we reached the goal and the price turned around after 300 points and crashed, if the price went further by another 1500 points, then I would set the Goal -. The same goes for stop loss, breakeven and manual closing! Force majeure is actually force majeure, a lot can fall under this!
That's all, we write a comment about what we liked and what we didn't like about the deal.
When there is a completely sufficient number of transactions, it can be analyzed based on the Reason for closing the transaction. For example, if we have many transactions closed with Stop Loss -, i.e. We closed with a stop, but soon the price moved in our direction, it makes sense to probably increase the stop, or enter with a smaller volume!
Now the nuances: The journal is designed for intraday trading; if you transfer a position, then for greater accuracy the transaction must be filled out in several lines at the opening and closing prices of trading days (trading day on RTS FORTS from 7 pm to 6:45 pm the next day). But I forget about this, fill it out in one line, in this case the exit is calculated at the rate on the closing date, and the commission is also recalculated! I also don’t have stop loss, breakeven and target columns, because... I have all this calculated and automatically set by a script in Kwik!
Well, here is the link to download the magazine:
webfile.ru/5339219
It seems like I haven’t forgotten anything, if there’s anything, ask, I’ll be glad to receive criticism and noticed errors!
And now copy-paste (too lazy to come up with it myself, sorry) :
Here are some reasons why you should keep a trading journal.
1. It's not possible to remember everything. After a few months of trading, when the number of transactions is several dozen, and some may have hundreds, it is impossible to remember in detail why the entry and exit was made in a particular transaction. Without remembering what led a trader to fail in any transaction, he will be doomed to repeat his mistake ad infinitum.
2. The magazine is run by professional traders. As you know, one of the ways to succeed in trading or investing is to not do what constantly losing traders/investors do. Losing traders do not keep a trade journal, which means that anyone who wants to succeed needs to keep one.
3. A log helps document how the rules of a trading strategy are being followed. If you do not write down the reasons that prompted you to enter or exit a trade, then in the future it will not be possible to determine what was the cause of a possible series of losses, due to which there was disappointment in your own trading strategy.
It is quite common to see new traders jump from one trading strategy to another after suffering several losses. Most often they say that the strategy itself does not work, but such a statement is largely emotional. If you do not describe all transactions in a trading journal and analyze whether they complied with trading rules, then after a month of trading, having dozens of transactions on different markets and instruments behind you, it will not be possible to say what the reason for the losses was. Either the chosen strategy really doesn’t work, or simply many of the trades were executed in violation of the rules, which means that the reason for the failure was the indiscipline of the trader himself.
4. Analysis of losing trades. Keeping a trading journal allows you to learn from your own mistakes. If you do not keep a journal and do not record it and analyze unprofitable trades for later, it will not be possible to identify patterns that lead to failures. It is quite natural that at such moments a trader may wonder what went wrong and when it started. A trade magazine can answer this question.
5. A trade magazine can provide support in times of need. Any trader in the process of trading on the market, regardless of his professionalism, experiences periods of losses from time to time. At such times, the trader sees that his trading account begins to sag and his confidence in himself and the decisions he makes while trading is undermined. Since all trades, both losing and profitable, are recorded in the trading journal, it becomes possible to regain confidence in the correctness of your trading by turning to successful trades. The profitable trades described in the magazine can be something of a guiding star; they can help you return to the psychological state that you had during successful trading.
6. Logical and timely changes to trading rules. When a trader has a set of rules by which he trades (this set of rules is called a “trading business plan”), then by keeping a journal he will be able to make logical and consistent changes to them if necessary. That is, if such a need arises, the changes will be supported by statistics that can be obtained from a trading journal, and not made under the influence of emotions caused by one losing trade.
Types of diaries: paper or electronic?
By type, diaries are divided into electronic and paper versions. If you are a fan of modern technology, then using a paper diary can raise a lot of questions. Dont be upset. There is no need to rack your brains about how to properly keep a diary, because the manufacturer has taken care of you by creating the program in electronic form. The choice is yours! The advantage of such a diary is that there is no need to allocate additional space to carry it; it will be on your phone, computer or tablet. This is an undeniable advantage, and keeping such a diary is a pleasure. The undeniable advantages of the electronic version of the diary are event reminders, intuitive controls, nice design, easy document editing, and the ability to add multimedia information.
Oddly enough, most people today prefer paper diaries. Their convenience and simplicity, apparently, have not yet been surpassed by any electronic program.
What to do if an employee has an elevated temperature
If any signs of a respiratory illness are detected in an employee/employee of the company (fever, cough, runny nose, weakness, sore throat, heaviness in the chest area, etc.), it is necessary to send this employee/s to a specially designated “isolation” room at the enterprise. . Call an ambulance indicating the identified symptoms. Enter all data into a log and continuously monitor the well-being of people in contact. Carry out unscheduled disinfection of the employee’s place of residence.
How a diary changes your life for the better
Scientists believe that planning your workday promotes self-organization and the development of discipline. Correctly maintaining a diary helps develop self-discipline, as well as increase the efficiency of professional activities of a company employee. It is extremely important for a business person to control the dates for submitting reports and develop the ability to properly distribute working time. Such measures help develop stress resistance, because no one is immune from force majeure, and a diary helps you learn how to react correctly to such situations.
Over time, you will see how useful the habit of keeping a diary and organizing your own day has been. You will have more time for your own hobbies, and work will no longer cover all areas of life. It’s not for nothing that the concept of “occupational hygiene” was introduced, but, unfortunately, not all people understand how important proper rest is. By keeping a diary, you will be able to properly distribute time resources, increase your own productivity, without harming your personal interests.
Time management is the future, so let's keep up with the times and become more productive in all areas of life!
Let's sum it up
- For remote employees, it is necessary to keep track of working hours, just like for other full-time personnel.
- If the employee sets his own work schedule, the code “I” or “01” is entered in the timesheet and the total number of hours worked per day is indicated (8 in a normal work week).
- If the number of hours of labor is determined by the employer or taken into account by a special program, the code “I” or “01” and the actual number of hours worked per day are entered in the timesheet.
- If an employee does not perform work, the time sheet must be kept in the usual manner, and the fact of non-fulfillment of official duties must be documented.
