What do you write down before every trade?

FTC Community TeamStaff17 Sept 202617 views

Writing before entry forces the plan into words: pair, direction, entry, stop, target, size, reason, and what invalidates the idea. The act of writing catches more bad trades than any indicator.

What do you write down before every trade? — moving average crossover diagram — A fast moving average crossing a slower one

Share your pre-trade note:

the fields you always fill in
the trade the notes talked you out of
how detailed is too detailed

What do you write down before every trade? — drawdown and recovery diagram — An equity curve during a drawdown and its recovery

The journal guide has a template you can start with today.

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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