1.
Market conditions
a. General market overview:
b. Events/news releases
c. General state of the instruments I intend to trade
2. Plan for the day
a. General
b. Possible setups to watch
1. Entry:
II. Trades (all open, opened/closed today trades )
a. Reason (including stop/target reasons):
b. Time:
c. Price:
d. Long/short:
e. Position size:
f. Stop
g. Target
2. Exit
a. Reason:
b. Time:
c. Price:
3. Money/risk management
a. Initial risk/reward in points:
b. Risk/reward ratio:
c. Risk % of account :
4. Chart
d. Resulting total % account risk (all open trades):
5. Strategy utilized
6. Condition during the trade
a. General status:
b. Is initial setup still valid?:
c. Position management (if any):
7. P&L
d. Floating P&L:
a. Net on the trade:
b. % of account:
8. Holding time
c. Total per month (net and %):
a) Time before trade started moving:
b) Time in trade:
9. Accuracy statistics
III. Review
1. Day’s weaknesses
a. General
b. Errors 1,2 and 3
c. Why?
d. Solution
2. Day’s strength
a. General:
b. How to leverage strength?
3. Other thoughts: