Trade Journal
Track your trades and improve your performance with detailed journaling.
Why Keep a Trade Journal?
A trade journal helps you:
- Track performance - Monitor win rate, P&L, and other metrics
- Identify patterns - Find what works and what doesn't
- Learn from mistakes - Document and avoid repeating errors
- Stay disciplined - Encourage thoughtful trading
- Build confidence - Review successful trades
Accessing the Journal
The trade journal is accessible from:
- The Trade Journal tab on the trading page
- Directly linked from closed positions
Journal Entries
Each journal entry can include:
Trade Details (Auto-filled)
- Symbol and side
- Entry and exit prices
- Position size and leverage
- P&L (absolute and percentage)
- Open and close timestamps
- SL/TP levels used
Your Notes
- Entry reason - Why you took this trade
- Setup type - Breakout, pullback, reversal, etc.
- Market conditions - Trend, range, volatile, etc.
- Exit reason - Hit TP, SL, or manual exit
- Emotions - How you felt during the trade
- Lessons learned - What you can improve
Be Honest
The value of a journal comes from honest self-assessment. Document both your wins and losses objectively.
Adding a Journal Entry
- 1. Go to the Trade Journal tab
- 2. Click Add Entry or select a closed trade
- 3. Fill in trade details (or let them auto-fill)
- 4. Add your notes and analysis
- 5. Save the entry
Reviewing Your Journal
Regular review helps identify patterns:
Daily Review
- Review trades from today
- Document any immediate lessons
- Plan for tomorrow
Weekly Review
- Calculate weekly P&L and win rate
- Identify best and worst trades
- Look for recurring patterns
- Adjust strategy if needed
Monthly Review
- Analyze overall performance
- Review strategy effectiveness
- Set goals for next month
- Update trading rules if needed
Key Metrics to Track
| Metric | Description |
|---|---|
| Win Rate | % of profitable trades |
| Average Win | Average profit on winning trades |
| Average Loss | Average loss on losing trades |
| Risk-Reward | Ratio of average win to average loss |
| Profit Factor | Total wins / Total losses |
| Max Drawdown | Largest peak-to-trough decline |
Sharing Trades
MEXC Manager includes a share feature for successful trades:
- Generate a visual P&L card
- Includes trade details and chart
- Perfect for social media sharing
- Celebrate your wins!