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Lesson 09

How to journal your trades

By Morpheus · From Discord #lessons

Key elements to journal about your trades:

  • Trade Details: Date, time, asset, entry/exit prices, size, direction.
  • Strategy/Setup: Strategy used, trigger (e.g., pattern, signal), reasoning.
  • Risk Management: Stop-loss, target, risk/reward, account risk %.
  • Market Context: Market trends, volatility, relevant events.
  • Execution: Plan adherence, deviations, technical issues.
  • Emotions: Feelings before/during/after (e.g., confident, impulsive).
  • Outcome: Profit/loss ($ and %), win/loss ratio, expectations.
  • Lessons: What worked/didn’t, missed cues, key takeaway.
  • Visuals: Chart screenshots with entry/exit, key levels.
  • Review: Weekly analysis for patterns, mistakes, improvements.

Tips:

  • Log all trades consistently.
  • Use simple format (e.g., spreadsheet).
  • Prioritize process over profits.
  • Review regularly to sharpen skills

Trading involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Educational content only — not financial advice.