How do you track progress when you're still learning?

FTC Community TeamStaff17 Sept 202614 views

When you're new, profit is the wrong progress metric — a lucky streak can mask bad habits. Better measures: following your rules, keeping losses small, and writing everything down.

How do you track progress when you're still learning? — moving average crossover diagram — A fast moving average crossing a slower one

What do you measure?

the metric you track as a beginner
how you know you're improving before the equity does
the moment the metric flipped for you

How do you track progress when you're still learning? — bid-ask spread diagram — The bid-ask spread on a currency pair

The journal guide suggests fields that make progress visible.

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.

Read the full guide

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