Blog & guides
On keeping a journal, measuring risk and setting up Simple Trading Journal.
Guides
How to connect MetaTrader 5 to your trading journal
Step-by-step: install the Simple Trading Journal add-on in MT5 so every closed trade lands in your journal automatically — including stop loss, risk and fees.
5 min readHow to import your trade history into a trading journal
Import closed trades from MetaTrader 4/5, cTrader, TradeLocker, DXtrade or Match-Trader. How to get the right report, what is read from it and how duplicates are avoided.
4 min readArticles
How to keep a trading journal you will actually use
What to record for each trade, how often to review it, and the habits that turn a trading journal from a spreadsheet you abandon into your most useful trading tool.
6 min readR-multiples explained: judge every trade by the risk you took
What an R-multiple is, how to calculate it from your stop loss, and why expectancy in R is the clearest way to tell whether a trading strategy has an edge.
5 min readDaily loss and max drawdown: how to track prop firm rules without breaking them
How prop firm daily loss limits, maximum drawdown and profit targets usually work, why most challenges are lost to a rule rather than a bad trade, and how to always know your distance to the limit.
5 min read