What is Trading Journal?
A trading journal is a written record of each trade: the setup, the reason, the size, the plan for the exit, the result and how you felt. Kept honestly, it turns a memory of trades, which is biased, into data you can review.
Why Trading Journal matters
A journal lets you measure whether you followed your rules separately from whether you made money, which is the only way to tell discipline from luck.
Related terms
Lessons that use this term
- How to keep a trading journal that improves your decisions
- How to stick to a trading or investment plan