How do you close a trading day?
Opening routines get all the attention; closing routines decide what you carry into tomorrow. A bad day left unresolved tends to produce a worse next day.
Describe your end-of-day routine:
- what you record before you leave the charts
- how you close losing days differently from winning ones
- the habit that made the biggest difference
The journal guide fits here: five minutes of notes beats an hour of staring.
Background: How to keep a trading journal that actually improves your trading
A journal turns a pile of trades into evidence. What to record, the numbers worth calculating and a weekly review routine that takes less than an hour.
What should a trading journal include?
For each trade: the pair, direction, size, entry, stop, target, risk, the reason for the trade, how you felt, the result in money and in R, whether you followed your plan, and chart screenshots.
How do I calculate expectancy?
Multiply your win rate by your average win, then subtract your loss rate multiplied by your average loss. Measured in R, a positive result means the approach has made money per trade on average.
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