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How to Keep a Trading Journal: What to Record and Review

💡 Key takeaways

A trading journal can help you compare your original idea with what you actually did, then review the process without treating one trade as proof that a setup works.

The speaker compares developing a trading strategy with testing a recipe: before changing the ingredients, you need to know the original formula. A trading journal works the same way. First, be clear about the setup you are trying to test. The A/B conditions and Fibonacci 161.8% level in the video are the speaker’s examples, not established market rules.

What the speaker recommends recording

How to review a trading journal

  1. For each trade or test, record the date and asset, your hypothesis, entry and exit conditions, what you did, why you changed the plan, and a screenshot.
  2. Review whether you followed your rules separately from whether the trade made or lost money. One outcome should not stand in for a test of the underlying idea.
  3. Treat the Fibonacci level shown in the video as an example the speaker tested. Do not copy it as a target or trading signal.

Scope and limitations

The clip illustrates the speaker’s approach. It does not provide enough test evidence to establish that an A/B pattern or the 161.8% Fibonacci level can predict prices.

Watch the original video on YouTube: How to Keep a Trading Journal

KGK

Kanngongkanngoen Editorial Team

We create clear educational content about personal finance, investing, and debt management, with an emphasis on accuracy and transparency.