Trading Journal Template + Trade Review Checklist
A free template for active day traders. Log trades in under 30 seconds and review your session in 10 minutes.
How to Use This Daily
- 1Before the session: Write your one setup, max loss, and max trades
- 2During each trade: Log entry, stop, target, and thesis before you click buy/sell
- 3After exit: Record exit reason, rule breaks, and emotion state
- 4End of session: Complete the 10-minute review checklist
- 5Write one rule: Specific, testable rule for tomorrow based on today's data
What to Log After Every Trade
| Field | Example | Why It Matters |
|---|---|---|
| Entry Price | $45.20 | Baseline for R calculation |
| Stop Price | $44.80 | Defines your risk |
| Target Price | $46.40 | Defines your reward |
| Thesis | Breakout above prior day high | Forces clarity before entry |
| Setup Tag | Breakout-Retest | Enables pattern analysis |
| Exit Reason | Hit target / stopped out / manual | Tracks decision quality |
| Rule Breaks | Entered late by 0.3% | Highlights execution leaks |
| Emotion State | Calm / Rushed / Revenge | Surfaces psychology patterns |
10-Minute Post-Session Review Checklist
- Did I trade my one defined setup only?
- Did I enter at my trigger price (not early or late)?
- Was my stop placed at my invalidation level?
- Did I size correctly for my max loss?
- Did I follow my exit plan?
- If I broke a rule, what triggered it?
- What is one thing I did well today?
- What is one rule for tomorrow?
Common Mistakes
- ✕Logging P&L but not entry/stop/target prices
- ✕Skipping the "why" behind each trade
- ✕Not tagging setups consistently
- ✕Reviewing without producing a specific next-day rule
- ✕Tracking too many metrics (stick to 3)
Turn This Template Into Automation
TraderNSYT logs trades and Flo highlights execution leaks and next-step rules.
Start free