A trading journal that exposes revenge trading and overtrading
Emotions can’t hide in your trading history. We show you the patterns in your data that reveal revenge trading and overtrading, and how to stop retyping trades by hand.
Why keep a trading journal
A trading journal is the cheapest tool for improving as a trader. It shows what you actually do, not what you think you do. Without one, mistakes keep repeating, because after a few days we no longer remember them accurately.
Revenge trading: one loss that pulls in the next
Revenge trading is the attempt to win back a loss quickly with another trade, often with a larger position and without a clear setup. You can spot it in your data in trades opened just minutes after a loss, in position sizes that grow over the day and in days when a single loss turns into a whole losing streak.
Overtrading: more trades, worse results
If your average result per trade drops on days with a high number of trades, you are probably trading more than your strategy has to offer. Compare days with a normal and an above-average number of trades. The difference is often bigger than you would expect.
What to record in your journal
Besides the symbol, direction, volume and result, note why you entered, whether the trade followed your plan and how you felt. It is precisely this combination of numbers and notes that reveals which emotions are costing you money. A few words are enough; what matters is consistency.
Journal numbers without retyping
Retyping trades into Excel by hand is the main reason traders give up on their journal. unalyze imports closed trades from all connected accounts automatically, in read-only mode. You get the trading calendar, metrics and trade details without manual entry, leaving more time for evaluation and your own notes.
