Smart trade tracking is one of the best ways of ensuring that your forex-trading business thrives. This is important for several reasons, especially when you are new to forex trading or haven’t been keeping in contact with your trades all that much. First of all, most beginners make the mistake of waiting until they make a successful trade, losing it all because they were too relaxed and didn’t monitor their businesses as closely as they should have. You must be vigilant at all times and ensure that every successful trade is recorded in your software. This way, you can watch your margins, stops, everything; so that no unwanted actions occur during a trade. You will know immediately if your system isn’t capable of processing the data it receives, and consequently, you can adjust the parameters accordingly and continue to profit from your trades.