Why Logging Trades Works
- Erica Lorrai

- Jul 12
- 3 min read
Updated: Jul 14
I know journaling sounds boring. Bear with me.
The Blind Spot Most Traders Have
Most traders have a vague sense of how they're doing. Good week, bad week. Up, down. But they couldn't tell you which setups are actually working. Which sessions they perform best in. Whether they trade better on Monday or Thursday. Whether their losses cluster around a specific time of day or a specific emotional state.
That information exists. It's in your trades. But if you're not logging them, you'll never see it.
What Logging Actually Does
Here's what logging does. It turns your trading history into actual data. And data shows you patterns that your memory never will — because your memory is biased. It remembers the big wins and softens the losses. It protects your ego. Your journal doesn't.
What to Actually Log
You don't need anything fancy. A spreadsheet works. Date, pair, entry, exit, profit or loss, and one line about why you took the trade and how you felt going in.
That last part is the one most people skip. It's the most important one.
The numbers tell you what happened. The one-line note is the only thing that tells you why — and why is the part that's actually fixable.
A Simple Template You Can Copy
Here's a bare-bones version you can drop straight into a spreadsheet or notes app:
Date:
Pair:
Entry price:
Exit price:
Stop loss:
Result (win / loss / breakeven):
Risk-reward planned:
Why I took this trade:
How I felt going in (calm / rushed / revenge / bored / confident):
Would I take this trade again? (yes / no / why)Ten fields. None take more than a sentence.
What Shows Up Once You Have the Data
One thing worth knowing before you start: none of this shows you anything after two or three trades. Patterns need a real sample — twenty, thirty entries — before they separate from normal variance. Most people quit right around the one-week mark, see nothing obvious yet, and assume the whole exercise isn't working- when really, it hasn't had enough data to work with yet.
Over time you'll start to see things. You take worse trades after 8pm. You perform better when you've already worked out. Your best setups are the ones you almost didn't take. Your worst ones are the ones you were most excited about.
These are the kind of pattern that only shows up in a log, never in memory, because no single instance of it feels significant enough to remember on its own. You don't remember "I've now lost four trades in a row after 8pm." You just remember each 8pm trade individually, and each one gets its own excuse. The log is what turns four separate excuses into one data point you can actually act on.
You can't fix what you can't see.
Log the trades. Read them back. Let the data tell you what your gut is getting wrong.
Want the System I Actually Use?
The template above is the bare minimum — enough to start seeing patterns. But if you want to go further, this is the actual trade log I built for a challenge I did for myself and I'm giving it away as-is.
It's a Notion dashboard with a guided, form-style pre-trade checklist — timing and pair, EMA bias, reaction zones, TDI momentum, triangulation — that walks you through every step before you enter, then logs the trade automatically once you're done. You're not just recording what happened. You're logging why you took the trade, whether every box was actually checked, and how it turned out.
It's my actual beginners trade plan— the specific criteria I teach to beginners to teach them to double their demo. It lists what to run through before every entry, laid out step by step. You're not just getting a log. You're getting the process behind it.


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