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where they're able to attack it and you know take five six

are a couple of different templates. I have a monthly PNL

want to be You want to be patient. That's really the main

Right? So that's how to use my trade my trade journal. The

you can click on link to access and duplicate my template here.

trades a day. It's not something we recommend doing.

you know what you're doing again as traders we really

watching and again if you guys want to use this template

either join Phantom Trading there's a link to join below or

market. It's it typically doesn't work for I would say

a good day. But there are days where you know maybe your

you know I was like you know what I want to enter this again

one from this there's the danger of it right like if I'm

other cool thing that I have in here is as you can see there

dangerous thing about you know trading that I don't think

we don't want to you know tell you okay go take 10 trades a

some time is you can have these sort of bad habits these

right what ended up happening I took an L right now the

the whole month and for each week. Anyways thanks again for

that reinforces bad behavior right so we we just want to be

I'm feeling greedy I like I want to make something today

Now is it possible to trade that way well and consistently

goal and and well the main goal is really capital preservation

people really realize until they've been doing it for quite

as well as a weekly PNL kind of tally for you know the month

plan at all or if I'm starting to over trade. So if I'm

able to read the market in a way you know at least early on

very careful of that but it's a small you know little pro tip I

going to go and chase the market and I'm rewarded for it

day. And expect some sort of positive expectancy out of it.

consistently? Absolutely. But you know again For most people

Right? We don't want to be you know aggressively attacking the

right? And in order to do that you need to be very patient.

90% of traders. It's very rare that you have a trader that is

were but I took a break even and then you know I was like I

want to give to you guys very important that you're aware of

I can't spell today. Um didn't get out too early. Pullbacks,

think it ended up running like five R and then came back tap

negative impulsive behaviors be positively rewarded so if I had

right? It's a common thing that happens.

So I'll give you guys an example. Um okay confident

deviate from my plan and I don't even think that these

chasing like in the case of this this Dowdron trades I I

date it for the days and I'll write about you know what my

the market. Right? Um so I'll give you guys an example of you

remember pretty well I it's very rare that I'll like

know kind of a another thing that I like to do is I'll put a

that stuff. Really you want to assess yourself. It's it's very

little alert symbol if I am starting to deviate from my

important to see you know how you're actually engaging with

you're you're overtrading. Right? You want to document all

trade with a hesitation. Um managed. Oops.

Now for management and exit this is where I essentially

have a written journal to go alongside with it. So I'll just

for the day. Um and the other thing that I like to do that is

actual position. Um and then for notes this is where I'm

most most of the people in Phantom we all use essentially

confidence is shaken or you're hesitant to enter or maybe

want to put right? So you know this is obviously on a good on

not necessary but I I personally like doing it is I

Taking a picture of it and then I will save that to my weekly.

will you know talk about if I've taken partial TPs in this

essentially treating this almost like a written journal.

all those things so there's my daily again pressing control

shift that's to save it image to my clipboard and then let's

that'll kind of reset the the actual image. So there we go.

do weekly really quick another quick tip you can hit altar and

the generic stuff that you have in here that you're going to

And then you can just I mean you can repeat it. Whatever you

case I took a hard TP for 10. 5 AR. Okay so this is just the

emotions are for that particular day in that session.

and weekly right so I'm going to just take pictures of

the same time frames four hour 15one1minute or LTF right daily

I'm talking about you know my trade psychology for the entry

put about the trade and how you you know manage your your

templates so I could change this to you know 1 hour if I

wanted to and just get rid of 15 minute four hour whatever

don't do any good but for me the way that I trade and the

they're very profitable you can modify all of this like I

there's nothing wrong with that I know traders who who trade

maybe just do the the one hour and the four hour right and you

this maybe you don't use the 15 minute or you don't enter off

the higher time frames they swing trade whatever and

showed you at the start of the video by clicking on the little

right for each time frame and again if you want to customize

example. So I'll just take a picture of that. Obviously you

it out already so just kind of put it in here put it in here

blue arrow and then the three dots for each of the different

different hockeys here on the top right if you click on the

Alternatively on Mac. I'm not sure what the the hockey is. It

paste in all of my different time frames. Again I've marked

that. Uh I see people do that all the time. You know they'll

Then I'll press control shift S to actually save the image.

might be command shift desk. But you can always look at the

visualize it. Um and I'll show you guys how I I document the

little camera icon on the top right. So I'm then going to

mark it up as much as you need to for it to make sense if you

annotate. Say you know entered here. Just an as an example.

the the template because I think that's a good way to

the one minute maybe you just trade the one hour right

on whether you're incorporated or not. That's a whole you know

want to annotate it. There's absolutely nothing wrong with

that's with the 300 K account. If you have 400K in funding

just make sure that's right. Okay good. So that's with again

lesson or video for another day. We won't go into taxes.

so I'll put it at 300 Actually I'll leave it at 100, 000 for

Alternatively I that's obviously on Windows.

same thing. Look. It's just as easy as that to to that right

that converts to Canadian dollars. Makes sense for me. So

But you know I'm just going to leave this at 1. 26 because

trade now. So let's go over to Euro dollar. Here is the trade

show you guys say you have three funded accounts it's

higher than that will be a win. And anything lower than that

really depends on the prop firm so you would put basically the

just going to put this to the the trade example I want to

straight US dollars. Right? Uh you could even go as far as you

the time is either euros pounds or or US dollars so for me I've

so much on the money if you'd like to focus on the dollar

profit 30% gain you're obviously risking 1, 300 per

take that off we'll take off net profit I honestly just have

account principle this first thing in the actual or sorry

your you know your base currency is in your country

is the one I was looking for so there you go you can actually

hour trade risking 1% would be about 31, 000 now for me I also

done that if you want to remove it it's fine this'll just be

pretty simple all you need to is change this number here I

have this set that should be 0. 9 I have it set so that you

know there's like a theoretical profit split because you're

Canadian I convert this to the rough Canadian dollar

this first variable within the actual formula so say you have

that's the percent gain sorry take that off net profit this

versus the actual you know base currency account which most of

profit split in here again if it's 80%2. 8 if it's 92. 9 if

obviously as that account grows it will be a little bit off

on the other hand if you say have three funded accounts I'm

risking 1% you're essentially risking $1, 000 right now

either making 80 to 90% of the game the other you know, 10 to

know entering whatever taxes in here. Now that really depends

trade it is going to be a little bit off that's fine now

it's a personal account you can just leave this at one or

conversion from US to Canadian you can change this to whatever

20% is being given to the prop firm and you know obviously it

what my strike rate is for the last 30 trades for that sample

don't know why it's an exponent but you can change this to you

little like equation symbol are just automatically calculated

know whatever the account principle is this is the

other thing that I've done here is the only like data that I

from what it really is say you have 130 or like $30, 000 in

$300, 000 in funding there you go your net profit for a 10

remove this entirely but leave it at. 9 and then because I'm

can click on and then you can duplicate this template and

want to show you know the date you can do it it just makes it

just so I can keep it keep track of you know how I'm

You get slippage in the market. Um you know would be minus two,

just automatically populates based on you know where you

can name it whatever you want. Really doesn't matter. Um and

of data usually I do like a series of 30 trades and then

plan? Am I following the rules within my plan? Right? That's

automatically calculated. So any of these ones that have a

have it. So if I move this to Friday the twenty-ninth you can

Right? So I'll just show you guys how this one works. Um

trade the series and you know again I've named it you. You

your percent risk depending on how much you risk per trade

one right? Cuz you you don't want to be risking you know

again if you want to use my template join Phantom. Again

see here automatically updated to Friday Friday the

very important. Are the trades that I'm taking valid within my

say you wanted to show the the outcome there you go there's

plan or are they invalid? Am I forcing trades? Am I

do it I believe you can show properties like so so say you

yourself you're welcome to do it. It's using a calendar

different you know subheadings for each of the time frames.

of our habits. And eliminate as many variables as we can.

assess you know how I'm performing in my within my

consistency in the market we need to be consistent with all

putting it as twenty-three? You guys don't need to do this but

should really ever it should really only ever be negative

size of data so yeah things like my strike rate my you know

have EUGUAU gold US 30 and S100 I also have a few of these

hesitating? You know all this self reflection? It is you know

time frames that you enter on you can essentially customize

templates that I have here. If you ever want to you know

and again the reason I'm doing that is because I just want to

Because then you're just taking trades here and there. Not

here. So the trade I'm going to show you is an EU trade. As you

unless you get slipped which has happened to me too right?

the nice thing about this template is a lot of these are

right? This is a percent of the total equity of your account by

that just says stocks and you can have like the particular

it'll be by default is as if you have one funded prop firm

a calendar database. I have a field in called date and it

twenty-ninth. And same with the outcome as you put in you know

trade stocks you could have just a a straight up template

based on the parameters that you have set within it so we'll

this. So we'll we'll create a a new template here. And all you

the market. Without that you know we're really like we're

but should be minus one it'll show up as a loss right and the

for all I carried. It works for that. You just have to modify

really are flying blinded. It's a little dangerous. Right?

a little bit you know messier so I'll take off date risk but

account for 100K so you know what it does is if you're

collection or essentially collect you know sample sizes

it a little bit. Uh anyways there's nothing wrong with

And I'm going to name this EU dash twenty-three. So why am I

modify it. It's very simply you click on this little blue arrow

can see I've clicked on it and it'll load up all of the

the way. So the other nice thing about this because it is

the outcome and you can show the gain as well here right oh

way that we teach in Phantom or maybe you trade a break and

never updated this so the way that I have it and the way

amount or you want to add it in here there's a way that you can

essentially driving a car with our eyes closed. Right? We

Really doesn't matter. And you can trade breakouts and stocks

performing for the week right so show you guys how to do

this to whatever way you want to customize it right now

because I trade primarily Forex and the Invest sometimes gold I

actually show within here is just my R I don't like to focus

need to do is click on one of the templates in this list

and you'll be able to you know enter in things like your R and

reward ratio. So if it's zero it'll be break even. Anything

the reason I do it is because I like to kind of keep a

strategy and my my trade plan so we're on the twenty-3rd

loss, a break. Even you should be documenting every single

there's going to be a link in the description below that you

see like you know what you're making or losing on each trade

that. I'll quickly show you guys kind of the different

to some it's a lot of work. Eventually you build the skill

really think it's an essential skill to have. Without it you

whatever your R is your plus Rs. This is just your risk to

database. So I kind of put this together. It was originally

I'll kind of reset it every time just to assess you know

my PNL like my net are my profit factor things like that

really processing what's happening. Right? If we want

put my own spin on it. Um so again so why is it important to

other things including you know weekly review my weekly PNO

retest strategy or even if you trade fibs or Elliot Waves.

on the top right and you hit these three dots and you can

want to have that feedback to see okay am I sticking to my

actually edit the template so if you trade you know say you

modify it to your liking. So doesn't matter if you trade the

trade. Why? Because we need to reflect on our engagements in

Black Watch's idea. So credit to him. Uh kind of took it and

up and it becomes easier right? As you practice it. Um but I

document our trades? Obviously you know whether it's a win,

the way that I built it I mean if you want to build it

tool is built on notion. Um which is a very popular tool

member just go to the resources and there's a link to it that

you can use to duplicate as a template. Uh this particular

among traders for note taking for documenting trades. Um and

stocks, Forex, or crypto. Uh I mean this template I am

make it a available for everybody. It is available for

free within the Phantom Trading community. So if you're a

you take in the market. It doesn't matter if you trade

you are a an aspiring trader or you're a professional trader.

going to provide a link to it in the description below. Uh to

is obviously a very important part of trading especially if

Hey everyone Rob here from Phantom Trading and today I'm

You should be documenting every single one of your trades that

going to be showing you in this short tutorial video how to

journal your trades. So pretty simple video but you know this

Alright, take it easy everyone. Talk to you soon. Bye.