Toni Hansen's Online Trading Blog

Wednesday, April 23, 2008

Trading Journal Template

Hey gang,

The following is a copy of the trading journal template I designed a number of years back. To this day it remains a great starting point for any journal to help you analyze your individual trades and to use as a starting point for cross-trade analysis. Note: This journal template is copyrighted. I've come across copies of it on other sites since I created it, but if you choose to post it into another format, please be sure to reference the source! Thanks!

TRADING FROM MAIN STREET
DAILY TRADING JOURNAL

Please make sure you fill in every field. The more information you provide, the more it will help you when reviewing your logs.

DATE:
SYMBOL:
SECTOR (if known):
BUY/SHORT (circle one)
TYPE OF SETUP:

ANALYZING THE POSITION:
PROS:



CONS:



CURRENT MARKET CONDITIONS:



EXPECTATIONS:
PRICE TARGET:
REASON FOR PRICE TARGET:


ANTICIPATED RISK TO REWARD:
ANTICIPATED RISK LEVEL (rate 1 to 10 with 10 being high risk and 1 low risk):

ENTRY TIME(S):
ENTRY PRICE(S):
REASON FOR ENTRY AT THAT PARTICULAR TIME AND PRICE:



STOP PRICE AND WHY IT'S SET AT THAT PRICE (also note when the stop was adjusted and why):


EXIT TIME(S):
EXIT PRICE(S):
REASON FOR EXIT:



OUTCOME OF TRADE:
EXPECTATIONS MET? YES/NO (circle one)
TRADE ANALYSIS (Include thoughts on the trade such as what could have been improved, what you felt you did correctly, areas you may need to work on, etc.):







ATTACH A SEPARATE PRINT OUT OF ALL RELEVANT CHARTS FOR THIS TRADE. INCLUDE CHARTS FOR THE OVERALL MARKET WHEN APPROPRIATE. HAVING A VISUAL REFERENCE IS AS IMPORTANT AS A WRITTEN ONE.

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