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Glossary

Trading journal

A trading journal is a written record of each trade and the reasoning, state and outcome around it, kept so that behaviour can be reviewed and measured.

A useful journal records more than price. For each trade it holds the setup, the planned entry, stop and size, the result in R, whether the plan was followed, and a word or two on how you felt. The last two are the parts a broker statement can never supply.

Its value comes from review, not from writing. A journal that is never read is a diary. Once a few dozen trades are logged you can group them by setup, session, size or emotional state and compare the average result in R of each group, which is how habits are discovered.

Consistency matters more than detail. A short entry made after every trade beats a long entry made after some of them, because selective logging hides exactly the trades you least want to look at. Log the uncomfortable ones first.

A journal also turns vague impressions into checkable claims. If you believe you trade worse in the afternoon, the record can confirm or deny it, and if it confirms it you can write a rule about it.

In Money Circle the journal is where trades are logged, and Trader Reflect reads that journal back to look for patterns in it.

In Trader Reflect

Your Money Circle journal

Reflect reads the journal you keep in Money Circle and works from it, so there is nothing separate to upload and no broker connection.

See what is inside

Read more

How to Keep a Trading Journal That Actually Improves Your ResultsWhat to record after each trade, how to review it weekly, and how to turn a trading journal into one concrete change at a time.

Related terms

All glossary terms

Trader Reflect reads your Money Circle journal and names the habit costing you most. Open it from your Journal or see what membership includes.

Educational content, not financial advice. Trading involves risk of loss.