Lesson 5 of 6 9 min read
Keeping a trade journal
What to record so your data can teach you.
What to log
Date, pair, setup type, entry, stop, target, size, result in R (multiples of risk), screenshots, and how you felt.
Measure in R
Recording results as R (e.g. +2R, -1R) makes trades comparable regardless of size.
Be honest
Log every trade, especially the embarrassing ones. The mistakes you'd rather forget are the most useful data.
Key takeaways
- Log every trade, with screenshots.
- Use R multiples to compare.
- Record emotions, not just numbers.
Exercise
Set up a simple spreadsheet with the fields above and log your next 10 trades.
Educational content only, not financial advice. Crypto is volatile and you can lose money.