This week in the Rookie Blog we are going to go over the first of s few tools that we can use as traders to make our job easier and to be more efficient.  This week we are going over a spreadsheet that can help us with our Entry, Exit, and Targets.  It also helps us figure out our RISK/REWARD and our overall position size according to our own rules.

We have gone through the calculations for the aforementioned items and by now you should be well-versed in calculating the basic numbers we need to make a good trade.  The reasoning behind learning to do this manually is so that you will know if the data you get from the spreadsheet is correct and you will know how to fix any issues that could arise.

So take a gander at the video and leave some feedback,