“Hello and best wishes to you all.
I would like to know about your methods of trade journaling.
Currently, I’m using a traditional journaling method, but I’m looking for new ideas or ways to improve my process.
Thank you for your support, and I wish you all the best.”
Welcome to the community!!
When it comes to my journaling, I write down everything…feelings, weather, sleep quality, etc…in addition to actual trades and results. My online journal (Open Season) focuses on the trades mostly, but I use the online journal for personal accountability.
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Hi! I’ve found spreadsheet journaling (Google Sheets or Excel) super helpful! easy to track setups, reasons for entry/exit, emotions, and even screenshots.
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What questions do you need answers to which journalling can provide?
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Why is that, Thomas? What problems are you having with “traditional” journaling?
The search engine will reveal wonders!!
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Premium members get a deal with TradeZella, an online journal app. It’s paid though.
I’m just using free myfxbook, but I’m seeing the TradeZella being used by some traders I watch on YouTube. Might check it out.
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Journaling is one of the best habits a trader can build. A few ways to make it more effective:
- Record key details for every trade: pair, direction, entry, stop, target, position size, and reason for entry.
- Add screenshots before entry and after exit. Seeing the chart helps you spot patterns over time.
- Note your emotions. Fear, hesitation, or overconfidence often influence results as much as the setup itself.
- Review weekly or monthly. Look for recurring mistakes and also setups that consistently work.
- Use spreadsheets or apps if you want automation, but even a notebook works if you are consistent.
The goal is not just to log trades, but to learn from them and refine your edge.