A trading journal is a record of your trades, including the details of each trade, such as the date and time, the asset traded, the price, the number of shares or contracts traded, and the outcome of the trade. A trade log is a similar document, but it typically includes more detailed information about each trade, such as the strategy used, the entry and exit points, and the rationale for the trade. Both trading journals and trade logs can be useful tools for traders, as they can help you to track your progress, identify areas for improvement, and develop a more disciplined trading approach.
There are many different ways to create a trading journal or trade log. Some traders prefer to use a simple spreadsheet, while others use more sophisticated software programs. There is no right or wrong way to do it, as long as you are consistent with your record-keeping. The most important thing is to find a system that works for you and that you will stick to.
