StonkJournal began as a personal project and has since expanded to serve thousands of users, it offers a free, comprehensive, and user-friendly journaling experience with no barriers to entry. The journal emphasizes speed, a short learning curve, and seamless integration into your daily trading routine. A trading journal is an essential tool for anyone serious about trading, as it aids in the systematic improvement of trading skills and overall performance.
Why Use a Trading Journal?
Using a trade journal helps traders identify why they are losing money and what makes them become successful traders. Here are the key components typically included in a trading journal:
Trade Details: Information about each trade, such as the date and time, the security traded, the direction (buy or sell), the entry and exit points, the size of the position, and the price.
Trade Rationale: The reasons for entering and exiting the trade, including the trading strategy or setup used, technical and fundamental analysis, and any other relevant factors influencing the decision.
Performance Metrics: Key statistics for each trade, such as profit or loss (P/L), return on investment (ROI), and the risk-reward ratio.
Screenshots and Charts: Visual representations of the trade setup, entry, and exit points, which can help in reviewing and understanding the trade later.
Emotional and Psychological Notes: Personal reflections on your emotional state before, during, and after the trade, as well as any psychological factors that might have affected your decision-making process.
Post-Trade Analysis: A review of what went right or wrong with the trade, lessons learned, and any adjustments needed for future trades.
cTrader Plugin
The trading journal can be opened directly from the cTrader platform as a plugin in the Active Symbol Panel.
Detach the plugin to start the trading journal.
Best Paid Trading Journal
If you are looking for a more complete professional trading journal with all the bells & whistles, take a look at TraderSync which is very popular with both new and experienced traders. They offer a 7-day trial for you to test it out.
How To Install & Remove a Plugin
First, make sure you have the cTrader trading platform installed and then follow the steps below.
Any Questions?
If you have any questions, please first search our product help forum for the answer, if you cannot find it, post a new question.
Need a Broker
If you are still looking for a trustworthy broker, look at our best cTrader broker site.
