What To Record In Every Trade Entry
A 1-minute lesson from the MarketPro academy, one of 14 in trade journaling and review.
A useful trade journal entry captures more than just the entry and exit price. The goal is to reconstruct, later, exactly why you took the trade and what happened — not just whether it made or lost money.
A useful trade journal entry captures more than just the entry and exit price. The goal is to reconstruct, later, exactly why you took the trade and what happened — not just whether it made or lost money.
At minimum, each entry should include the basic mechanics of the trade:
- Instrument, direction (long/short), entry price, stop loss, and target
- Position size and the percentage of capital risked
- Date, time, and session (which market hours were active)
- The setup or strategy name you were following
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Lesson 2 of 14 in Trade journaling and review
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