Record facts, not feelings alone
A trade journal tracks each trade with objective data:
- Date, instrument, direction, entry/exit prices
- Stop-loss and take-profit levels
- Position size and risk in $ or %
- Screenshot of chart at entry
- Reason for entry (linked to your plan)
- Result in R-multiples (e.g. +1.5R or -1R)
- Emotional state (calm, FOMO, revenge)
Review weekly: which setups worked? Did you follow rules? Patterns in mistakes beat guessing.
Trading Bite portal tools can support your routine — consistency beats random effort.