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A journal that improves decisions

Forex academy · Build a trading process

Build a trading process

The idea

A trade journal links the plan, execution and outcome. Record the setup, intended risk, actual fills, costs, result in money and result in risk units. Review process errors separately from normal losing trades. Notes are most useful when they lead to one concrete change that can be evaluated.

A worked example

A trade that followed the plan can lose 1R. A trade that broke the size limit can win 2R. The second result does not validate the process.

Try it yourself

Record three demo trades using the local journal tool, then identify one repeated execution mistake.

A mistake to avoid

Writing detailed notes only after losses and treating wins as proof of good decisions.

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