// HOW-TO GUIDE
10 min READ
How to Keep a Trade Journal
A trading journal is the most powerful tool in your arsenal. It is the only way to objectively measure your performance and identify the psychological mistakes that are costing you money.
01
Record the Technical Data
For every trade, record the entry price, exit price, lot size, and risk-reward ratio. This is your "hard" data.
02
Log the Emotional State
Record how you felt before, during, and after the trade. Were you anxious? Greedy? Revenge trading? This is where the real breakthroughs happen.
Common Mistakes to Avoid
- /Only recording winning trades
- /Not reviewing the journal at the end of the week
The Drawdown Way
Our AI Journal automates much of this process and provides psychological insights based on your entries.
Questions & Answers.
How often should I review my journal?
Review your trades every weekend and do a deep dive into your monthly statistics every 4 weeks.
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