The Winning Trading Journal

A disciplined trader is a profitable trader and keeping a trading journal is

the first step to building your discipline.

Here are the 5 things that needs to be included into your trading
journal:

1) Mental State

● this is how you're feeling on the day you're trading. This will allow you
to identify the mental states that you should be avoiding or periods
where you should be trading.

2) Trade Performance

● document every single trade during the period.

● Your entry, your position size, why you got into it, what setup, how the
trade went, the amount of profit or loss you made or suffered and
what the trade did before and after you got in.

3) Market conditions

● trends? was it a news economic announcement? was the market

choppy? ..etc

4) Positives + Negatives

● be brutally honest about your trading performance.

● Positives could be 'I analysed the market', 'I waited for the trade', 'I
didn't go too big'. Negatives could be 'I closed the trade before my
target', 'I traded in too much size.'..etc

5) % Goals Achieved.

● Making an X per trade is not an achievable goal. Are you sticking to

your goals in your trading plan?