
How to Keep a Trading Journal (What to Track and Review)
What to record on every trade, a simple journal template, how to review it weekly and the mistakes that make journals useless.
Prop firm trading, risk, psychology and futures, explained by traders. No gurus. No gospel.

What to record on every trade, a simple journal template, how to review it weekly and the mistakes that make journals useless.

A simple pre-market checklist: economic calendar, key levels, risk limits, platform setup and an honest check on whether you should trade at all.

What futures margin is, the difference between initial, maintenance and day-trade margin, how leverage works and why prop firm traders don’t post margin.

What slippage is, what causes it, how much it really costs across many trades and practical ways to reduce it.

The four parts of a trading plan, a one-page example template and why vague rules get broken.

How bracket orders and OCO work, why they keep your plan intact and the mistakes to avoid, like orphan orders.

How to calculate expectancy from win rate and average win and loss, why high win rates can still lose money and how many trades you need.

How to spot a trading range, buy the bottom and sell the top with stops outside, and know when the range is about to break.

How market and limit orders work, when each one makes sense for day traders and where stop orders fit in.

How to calculate risk-reward, the break-even win rate for 1:1, 1:2 and 1:3, and why bigger targets aren’t always better.

How to tell an uptrend, downtrend or range from swing highs and lows, how to confirm it and how to spot when a trend is ending.

What a stop loss is, stop-market vs stop-limit vs trailing stops, where to place your stop and the mistakes that turn small losses into big ones.