Lesson 11 of 14 · Free
Keeping a trading journal
What to record, how to review it, and how it turns losses into lessons.
Your journal is the single most valuable tool you own. It's your personal data set about the only trader whose behaviour you can change: you.
What to record for every trade
- Date, instrument, direction, timeframe
- Setup type and why you took it (one sentence)
- Entry, stop, target, position size, planned R:R
- Result in R (multiples of risk), not just money
- Screenshot before and after
- Did you follow the rules? (yes/no) — emotion notes
Weekly review questions
- Which setups made money? Which lost?
- How many rule breaks? What triggered them?
- Was my average loss ≤ 1R? Was my average win ≥ 2R?
- One thing to do better next week.
Measuring in R makes your results comparable regardless of account size.
Self-check
Answer the questions, then check your answers. You can retry as often as you like.
Automatic self-check for your own revision. Your answers are checked in your browser and are not seen or assessed by us. It is not an exam and not a qualification.
Your progress
“Complete” only means you marked the lesson as done. It is not a test of your understanding. Progress and notes are saved only in this browser on this device — not in an account.