How can I use Google Sheets to create a P&L template specifically for monitoring cryptocurrency trading performance?

1 answers

• Ali KhalesiFeb 18, 2023 · 2 years ago
  Creating a P&L template in Google Sheets specifically for monitoring cryptocurrency trading performance is a smart move. Here's how you can do it: 1. Open Google Sheets and create a new spreadsheet. 2. Set up columns for Date, Trade Type, Coin Name, Quantity, Buy Price, Sell Price, Fees, and Profit/Loss. 3. Enter your trading data in the respective columns. 4. Use formulas to calculate the Profit/Loss column. Subtract the fees from the difference between Sell Price and Buy Price, multiplied by Quantity. 5. Format the Profit/Loss column to display positive values in green and negative values in red. 6. Customize the template to fit your specific needs. By following these steps, you'll have a P&L template in Google Sheets that is perfect for monitoring your cryptocurrency trading performance.
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