Trading journal
Every lesson on this site says the same thing: journal every trade. Here it is. Log the trade in R-multiples — or just the prices and let it compute — and your expectancy, profit factor, drawdown and the setups that actually pay you compute themselves. Practice trades from the arena land here too, on their own ledger.
Just closed a loser? Run the six-question autopsy first → then paste its one-line verdict into the note below.
LOG A TRADE
More detail — prices, setup, state, plan (this is where the insights come from)
- Log every trade the minute it closes — market, direction, result in R, one honest sentence.
- Open "More detail" once a week and fill setup, state and whether you followed the plan. That is where the patterns hide.
- After 30 trades read the insights, not the P&L. Fix one thing, then log 30 more.
New to R-multiples? Risked $50 and made $110 → log 2.2. Stopped out for the full planned risk → log −1. Or type the prices and it computes.
Trades
Weekly review · last 7 days vs the week before
Sync across devices
Sign in and your journal follows you — phone, laptop, any browser. We store your trades under your Google ID, plus your Google email and the days you used the site to run your account (never added to a mailing list); no passwords, nothing to remember.
Synced data = your trades only (market, direction, prices, R, notes). No names, no contacts, never sold or shared. Your local copy always stays on this device.
The Practice Arena opens this exact setup on live prices with a virtual $10,000 account — same coin, same direction, same stop, same target. Stops and targets fill by themselves when price touches them, and every closed position is written into this journal on the Practice ledger, so the number you learn from is your own.
live prices · virtual moneyHow to use it well
Log the trade immediately after closing it, while the honest reason is still fresh. Use R-multiples so different position sizes stay comparable: risked $50, made $110 → log 2.2; stopped out for the full planned risk → log −1. Never log a loss bigger than −1 without writing down why your stop failed — that note is worth more than ten winners.
Log the trade before it ends when you can. Enter market, entry and stop and press Log as open position: the journal shows the live R while it runs and you close it from the list with one tap — stop hit, target hit, or a price. A trade written down before the result is known is a trade you cannot rewrite afterwards.
Grade the process, not the result. A perfect entry that lost is an A; a lucky win taken on FOMO is a C. After 30 trades, compare the expectancy of your A trades with your C trades — that number is the whole argument for discipline, in your own handwriting.
After 30 trades the statistics start meaning something; after 50 they are a verdict. Expectancy = (win% × avg win) − (loss% × avg loss). Positive expectancy repeated with boring 1% sizing is the entire profession — see what your numbers imply with the risk of ruin simulator, and run the pre-trade checklist before the next entry.