#Featuredpost
Every prop trader has experienced a profitable trading opportunity that evolved into a violation of trading rules. Traders who achieve steady progress through their trading career maintain a journal and review their work which converts their screen time into usable knowledge for future trading. The complete concept is expressed through this single statement which links market structure to note organization through Funding Rock.
Why journaling matters (even when you think you “know” your edge) The evaluation system for props bases its assessment on steady performance rather than sporadic exceptional moments. Your brain functions as a skilled storyteller which removes all the details that might be inconvenient such as your pre-entry fear and your late stop and your sudden urge to add more. A written record helps you stay truthful while enabling you to track measurable patterns. The evaluation of patterns becomes possible through a month-long observation which reveals time-of-day patterns and news-related behavior and position size changes and post-lunch profit return.
A four-line template you can actually stick to
Most journals fail because they’re too heavy. Keep it tight so you’ll use it daily: 1. Setup & context: Trend pullback to prior day high; 5-min rejection at VWAP. 2. Reason for entry: Break–retest + confirmation wick; no major news.
3. Risk & plan: 0.4% risk, stop below level; partial at +1R, trail remainder.
4. Result: +0.8R (partial taken), stopped on trail.
That’s it. If you can’t summarize the idea in one line, the idea probably wasn’t clear enough to trade. Post-trade reviews: the 10-minute loop that compounds
Set a timer for ten minutes at the end of each session. Answer four questions:
Process check: Did I follow risk, daily stop, and news rules?
Best trade: Why was it clean? (Location? Timing? Patience?)
Leak of the day: One avoidable mistake that cost the most.
The goal isn’t to relive the whole day—it’s to identify one behavior to repeat and one to remove. Improvement is subtraction.
Weekly deep-dive (30 minutes, once)
Once a week, pick your top three winners and top three losers. Print or export the charts if you can. For each loser, ask: Would my rulebook—applied strictly—have kept me out? If yes, strengthen the routine (e.g., “wait for second retest,” “no entries in first 5 minutes,” “cap of three trades/day”). For each winner, ask: What was the exact evidence that made it A-quality? Copy those tells into your
checklist so you hunt them deliberately.
Metrics that matter (and ones that don’t)
You don’t need a quant stack to pass a challenge. Track five things:
● R multiple per trade (so results scale with risk).
● Win rate and average win / average loss (expectancy).
● Time of day performance (are mornings paying, afternoons leaking?).
● Setup category (A, B, C; keep A, prune C).
● Rule deviations (size, stop, news window, overtrading).
Fancy dashboards are optional. A spreadsheet with these columns beats any glossy tool you’ll abandon in a week.
Emotional edge: tags tell on you
Each trading session needs a single emotional tag which should be calm or rushed or hesitant or euphoric or tired. The connection between emotional states and negative expectancy will become apparent after you complete 20 to 30 trades.
Connect journal to prop rules
Your journal entries need to include the same protective measures that safeguard your trading account which consist of daily drawdown limits and trailing maximums and news windows and minimum trading days. Your journal entries should include statements such as "I followed the CPI window restriction as scheduled" and "I decreased position size when equity reached its peak" Your journal entries that follow the firm's rules will help you prevent the hidden pitfalls which lead to poor evaluation results.
Common journaling mistakes (and quick fixes)
● Writing novels: If it takes 10 minutes per trade, you’ll quit. Use the four-line template.
● Reviewing only on red days: Review green days too—success has clues you want to bottle.
● Tracking everything: Track what changes behavior.
Building the habit so it sticks
Start your journaling practice by linking it to your current daily routine such as your final coffee drink before bedtime or when you shut down your work platform. Keep your template window active on your computer screen. Record a voice note when you feel too tired to write and save it for later transcription. The most valuable journal belongs to the person who maintains it during their most challenging times.
Summary
A journal system combined with a short review process enables traders to transform their trading into an improvement process. Use light entries that include screenshots to track important metrics while labeling emotions for pattern recognition. Your notes should follow the firm's rules to prevent rule violations and achieve intentional growth. Daily journaling with weekly reviews will help you achieve tighter execution and fewer leaks and more stable results which demonstrate true prop success after one month.
#Featuredpost