Do you bother adding screenshots or chart images to your trading journal? Does it help with analysis or is it overkill?

I don’t want to spend hours maintaining my journal but at the same time I want to get value from it.

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[White_12]

Hey, I add chart images with a quick annotation normally (if you don’t have add any commentary you can spend time trying to figure out your thinking when you come back to them further down the line).

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[Del]

Nope I don’t bother because I use excel.

As you said, I don’t want to spend hours capturing stuff that doesn’t tell me anything new or help me in my post trade analysis.

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[Amver_34]

I didn’t even think about using excel to be honest.

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[Del]

People love the ‘snazzy new thing’ but I say if it ain’t broke why fix it? Excel has everything you need to capture the essentials of every trade.

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[Major Trader 35]

Since technical analysis informs a lot of my trading decisions I often include screenshots from my charting platform. I find it’s useful to have them saved down somewhere anyway in case I want to refer back to them.

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[Christian HarrisParticipant]

Journalling can be extremely useful, but not if it becomes time consuming and obsessive.

Have you looked into an automated journaling solution?

One popular example is TradeZella. Take a look at their YouTube videos and see what you think.

There are lots of other automated journaling apps, including free ones if you like the idea.

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[Amver_34]

TradeZella looks like a neat solution and it works with MT5. The Trade Reply function sounds useful as well. I’m weighing whether it’s worth giving this a try.

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[Christian HarrisParticipant]

The monthly fees aren’t too bad, so you can try it and see if it helps you without having to commit to a yearly subscription.

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[Author]

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