Your journal is the only trading coach that knows exactly what you did.
What to record
| Field | Example |
|---|---|
| Date & time | Tue 09:40 |
| Pair & direction | GBP/USD long |
| Setup | 4H support + 1H engulfing |
| Entry, stop, target | 1.2710 / 1.2690 / 1.2770 |
| Risk | $100 (1%) |
| Result | +3R, +$300 |
| Followed plan? | Yes |
| Emotion | Calm, slightly impatient |
| Screenshot | Before and after |
The weekly review
- Which setups paid? Which didn't?
- Which mistakes repeated?
- One thing to improve next week.
Wick says
My journal once told me I lose money every Friday afternoon. I stopped trading Friday afternoons. Instant improvement!
Key takeaways
- Record every trade, including emotions and screenshots.
- Review weekly and change one thing at a time.
- Your data beats anyone's opinion.