How do you stay honest in your journal?

A journal that records the flattering version teaches nothing. The honest journal — including the rule breaks, the emotional states, the trades you shouldn't have taken — is the useful one.

How do you stay honest in your journal? — drawdown and recovery diagram
An equity curve during a drawdown and its recovery

How do you keep it honest?

  • the fields that force truthfulness
  • how you handle the shame of recording mistakes
  • what you've learned from your least flattering entries
How do you stay honest in your journal? — risk-reward diagram
A risk-reward ratio of 1 to 2

The journal guide suggests the honest fields.

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