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.