Two traders can use the same strategy and get opposite results. The difference is usually feedback — a trading journal.
What to record
- Setup: why you entered.
- Entry, stop, target and planned risk/reward.
- Position size and % risked.
- Outcome and whether you followed your plan.
- Emotion & notes.
Key idea: Record whether you followed your plan — separately from whether you made money. A losing trade taken by the rules is a good trade.
How to review it
- Which setups have the best win rate?
- When do you break your rules — and why?
- Are losses concentrated at certain times or emotions?
Make it a habit
The best journal is the one you keep. A spreadsheet is enough. On StockYatra, your trade history and analytics are recorded automatically.
Key takeaways
- A journal converts trades into a feedback loop.
- Record setup, prices, size, outcome and emotion.
- Score whether you followed the plan, separate from P/L.
- Review for patterns across many trades.
Practise this free on StockYatra
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