KoboFX

The Trading Journal: Learning From Every Trade

SchoolHigh School01/01/2026
Portrait of Iriss Lee
By Founder & Editor3 years trading forex. Writes every KoboFX guide and review. Full profile →

Risk warning: A journal does not remove risk. It only helps you learn. This is education, not financial advice.

A trading journal is a short note for every trade. It shows what you did right and what you repeated wrong.

DATE — PAIR — ENTRY — STOP — RESULT — LESSON02/09 14:10 — EUR/USD buy 1.0800 — SL 1.0780 — −$0.20lesson: moved stop too close03/09 13:05 — EUR/USD buy 1.0820 — SL 1.0800 — +$0.20lesson: waited for pullback, followed plan
One line per trade: date, pair, entry, stop, result, and one lesson. After 20 lines you review, find the repeated mistake, and fix one rule.

What to write per trade

  • Date and time with zone (for example 02/09/2026 2pm WAT/GMT+1, London session)
  • Pair and direction (EUR/USD buy)
  • Entry / Stop / Take profit and lot size (for example 0.01 lot, risk $0.10 = 1%)
  • Result (win/loss, pips, $)
  • Lesson (one sentence: "chased FOMO" or "waited for pullback")

Example: 02/09 14:10 EUR/USD buy 1.0800 SL 1.0780 TP 1.0840 0.01 lot -20 pips -$0.20 — moved stop too close

How to use it

Review every 20 trades:

  • Which setup worked? (trend + pullback to support)
  • Which mistake repeats? (revenge after loss, trading quiet Tokyo hours)
  • Fix one rule next week.

Keep your ID and bank details private — do not paste them in the journal.

Start the journal on demo, then keep it on cent live with $10. See How to Use a Demo Account and From Demo to Live.

Bottom line: Write date, pair, stop and one lesson per trade and review 20, or you risk repeating the same costly mistake.