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CHAPTER 12

Using Trade

Posting Cards

and Ledgers

T

his chapter shows you how to use the Trader’s Assistant to keep your

trading records by using trade posting cards and ledgers. The terrific

thing about the instructions in this chapter is that you will see actual

results from a trading student of mine that paper traded for one full year

and was generous enough to let me share with you his performance results.

The illustrations of these posting cards and trade ledgers in use will give

you an immediate understanding of how tracking your performance will

benefit your bottom line.

NOW YOU’RE A TRADING

ACCOUNTANT

If you don’t want to be a trading accountant, you need to get yourself a

bookkeeper or an assistant to keep up to date with your records. What we

are providing you with in this book is a complete system that gives you all

the forms, cards, and ledgers to track the vital information you will need.

Now it will be your job to implement that system.

Many traders employ the assistance of a partner, wife, husband, ac-

countant, or bookkeeper to stay on top of the numbers. If that works best

for you, it is certainly better than doing something you dislike or may not be

good at. Of course, the analysis part of this equation cannot be delegated;

you must do your own analysis.

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