i think so, check in the settings section in your brokers portal once you log into your account
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I’m going to check it out. Thank you.
Thank you for your reply. I want to create a detailed trading journal but I was wondering if the amount of effort to be exerted will be worth it. I might spend more time completing every entry then reviewing the entries more than trading.
It is best to keep the record of the trades in order to avoid the mistakes and any discrepancies. You can download the account history from your trading platform as well and save it for future purposes.
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I certainly think you will find it useful. If you are competent with Excel then there are some good spreadsheets to use in this thread which you can modify to suit what you need. There are also links to some other types of journals, too:
The main point of the journal is to provide data on whatever you want to quantify. It might just be a record of your P/L and/or trading statistics, but it can be a lot more.
For example, you could add columns such as:
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Was trade according to method yes/no
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Reason for exit: targit hit, stop hit, manual close, reverse signal, etc
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Which trading session: London, NY, Asia
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P/L according to: currency pair, commodities, indices, etc
For example, Some years back I used to close a lot of my trades manually according to how price movements were evolving. But then I carried out an experiment and monitored all those trades to see if they would have hit my target if I had not manually “interfered”. I added a “Yes/No” column to my journal to record this. After a few months I was surprised to find that actually over 50% of those trades would indeed have continued to eventually hit my original target if I had not prematurely closed them.
So I refined and reduced my discretionary interference and, as a result, my target hit rate improved noticeably.
The whole point of a journal is to provide you with some form of analysis of your trading. If it is not doing that then it is not a lot of use. But on the other hand, the process of writing up a journal does have some side benefits, too. It will help make you more disciplined and consistent in your trade entry/exit process and it will help restrict the temptation to intuitively jump into a trade without thinking.
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I used to write all of my trades down but I’ve stopped now as I didn’t find it very useful
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And i guess from that, that you are therefore a consistently profitable trader now that no longer needs to analyse or further optimise your trading. Congratulations! 
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Not at all! I just found myself getting ready obsessed with recording everything I did! I still scribble things down now but try not to have a formal ‘system’ or spreadsheet so I don’t start getting obsessed again!
That is the point I tried to get across in my post. That recording trades should have a purpose and that purpose should be clear and pre-determined - even if it is only one aspect of one’s overall trades.
For example, if you are trying a new strategy or a tweak on an existing one, then it is worthwhile analysing what is/is not working and why This helps to keep one on a path of systematic development with one’s progress and not just trying one thing then jumping to another as so many people often do.
It is not just a case of writing down a long list of “in price” - “out price” - “P/L”.
One can also extend such a journal to provide “what-if” scenarios when analying one’s trades. E.g. what would have been the maximum drawdown/profit on trades from a specific strategy. This can help in optimising target and stoploss levels.
Without knowing where one has already been, it is that much harder to see where one should be going……
It is a lot of effort, but the rewards are invaluable - if you know what you are looking for from it! 
…and, of course, one needs at least a minimal data set for accounting purposes! Although the broker statements are often sufficient for that if one doesn’t wish/need to monitor it regularly.
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I record religiously. I have a different spreadsheet for every setup I use.
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i saw this kind of thread in Fx factory, by the way recording every trade is a part of professionalism and very supportive to ensure knowledgeable trading life. my trading career , i try to record my trade but cant continue at all.
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yes , from my first day of trading i have been recording my trade . it makes me more discipline than before.
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I do mine in spreadsheet and it is very vital you do so, because it helps you keep track of your success rate. And most important it helps you know where to improve and exposes bad decisions you have made.
ooo i like the idea of taking a screenshot of the trade entry, great tip that
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MT4 records all the trades already, so no need for any additional work.
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Yeah it’s quite handy to have a before and after picture to analyse In my opinion.
correct! gone those days when paper pen was needed to keep the records of trades.
Especially as most brokers will send a nice summary at the end if the day.
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Sounds like most of you folk are missing the point here with recording a trade journal - it’s not the same as a broker statement at all. If you’re just interested in entry, exit, TP and SL prices then you’re not using a journal in the correct way. The above data is the least important aspect of a journal - rather you want to quantify all of the variables that resulted in your trade taking place, this is how you are able to analyse an edge and expectancy of your trade plan. You can then look for these profit generating variables or combinations within in real time to replicate gains and avoid losses.
What use is a broker statement when looking at a trade that resulted in a loss…“oh yea, i’ll just never ever trade from that level again in that pair”
Let’s have some common sense, you’re just making your work harder for yourself?
@anon46773462 was on the money with what a trade journal should capture.
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