Trading Journal

valuable tools for any trader — it helps you track trades, learn from mistakes, and continuously improve your strategy

Record of all your trades —should include your reasoning before entry, trade execution details, emotions during the trade, and performance after closing.

Max Favorable Excursion (MFE) – how far price moved in your favor.

Max Adverse Excursion (MAE) – how far price went against you.

Trade Grade – A, B, C depending on setup quality.

Screenshot Before & After – for visual pattern review.

Daily Win Rate / Monthly Stats – for evaluating strategy consistency.

Psychological Reflection

After each day/week, note:

Were you following your trading plan?

Did emotions affect your decisions?

Any overtrades or revenge trades?

Did you respect your stop losses?