How do you document a strategy so you can actually follow it?

A strategy that lives in your head drifts. A documented one — setup definition, entry, stop, target, filters, when not to trade — can be followed, tested and handed to a journal. The document is the discipline.

What does yours contain?

• the sections you include
• how precise the rules need to be
• how often you revise it, and under what conditions

The journal guide pairs with the strategy document.