Trading journal questions to ask after every trade
The best journal questions are short and specific. Here are twelve for after every trade, grouped by process, setup, numbers and state of mind.
Twelve questions after every trade
The best journal questions are short enough to answer in under five minutes and specific enough to show patterns. Use these twelve, and drop any you never use.
Process
- Did I follow my rules, yes or no?
- Was this planned, or did I react to something?
Setup
- Which named setup was this?
- What were the market conditions and session?
Numbers
- Did the stop and target match my plan, and was the size right?
- Is the net result, after commission and swap, what I expected?
- Did I cut the winner early or hold the loser too long?
State of mind
- How did I feel before entering?
- Did fatigue, rush or frustration change how I traded?
- Did I enter soon after a loss?
Takeaway
- Was this a good trade that lost, or a mistake?
- What would I repeat, and what would I change next time?
A hypothetical filled-in example
| Question | Example answer |
|---|---|
| 1. Followed my rules? | No |
| 2. Planned or reactive? | Reactive: I saw a fast move and jumped in |
| 3. Setup? | No clear setup |
| 4. Conditions and session? | New York open, high volatility |
| 5. Stop, target, size right? | Stop was wider than planned; size was normal |
| 6. Result as expected? | No: -35 after costs |
| 8. Feeling before? | Impatient; I had missed the earlier move |
| 12. Repeat or change? | Change: only enter on listed setups |
The numbers and answers are invented to show the format. Notice that three one-line answers already point to a rule: no entries without a listed setup. That is what the questions are for.
Common mistakes with journal questions
- Writing essays. Long entries get abandoned within weeks. One line per answer is enough.
- Answering only after wins. The useful answers come from the trades you would rather not look at.
- Never reading them back. The answers only matter when you count and compare them.
- Changing the questions constantly. Keep them stable for a month so the data can be compared.
How to use the answers
- Put the first question as a yes or no property so you can count it.
- Keep the rest as short text or one-word selects.
- Once a week, filter to No on question 1 and read those trades together.
- Once a month, count which emotion appears before your worst trades.
For what to record and how to keep it short, see what an MT5 trading journal should record, the trading checklist template and the trading psychology journal. The weekly review checklist shows how to read them.
Cut the data entry
Questions 5 and 6 are about numbers your platform already has. AI Trading Journal fills in size, prices, stop, target, times and net result automatically from your MT5 account, so you only answer the questions that need you.
This page is general education. It is not trading or investment advice.
Questions to ask before entering
The twelve questions above are for after a trade. These five are for before, and they are the ones that prevent a bad entry from needing an after-the-fact answer:
- Which of my listed setups is this, in one phrase?
- Where is the stop, and how many dollars is it at my lot size?
- What would make this idea wrong before the stop is hit?
- Am I entering because the setup is there, or because I want to be in a trade?
- If I lose this one, will I still take my next planned trade calmly?
Questions for particular situations
| Situation | Question to add |
|---|---|
| After a big win | Did I change my size or my rules because of it? |
| After three losses in a row | Were they plan-following losses, or did I break rules? |
| After missing a move | What did I do in the next hour? |
| After a news spike | Was I exposed on purpose, or did I forget? |
| At the end of a week with no trades | Did I pass because the setups were absent, or because I was afraid? |
Make the answers countable
| Question type | Property type in Notion or a spreadsheet | What you can then count |
|---|---|---|
| Followed my rules? | Yes or No (select or checkbox) | Share of trades followed; results with and without |
| Which setup? | Select from a fixed list | Results by setup |
| Feeling before | Select with five or six options | Results by emotion |
| Conditions | Select: trend, range, news | Results by market state |
| Repeat or change | Short text | Read together once a month |
Free text is useful for the last question, but anything you want to count should be a fixed choice. A list of five feelings gives you a table after a month; fifty different sentences give you a reading project.
Good questions and bad ones
| Weak | Better | Why |
|---|---|---|
| How was the trade? | Did I follow my rules, yes or no? | A weak question allows a vague answer; a strong one has one |
| What did I learn? | What one rule would have prevented the loss? | Specific questions produce rules |
| Was it good? | Was it a good decision that lost, or a mistake? | Separates the decision from the outcome |
| Why did I lose? | Did the stop get hit as planned, or did I change anything? | Looks at process before blaming the market |
Keep the set stable, then prune
Use the same questions for at least a month so the answers can be compared. At the end of the month, count how often you actually answered each one. Drop the questions you skipped more than a third of the time, and replace them with one drawn from your costliest recent mistake. A short, stable set that you answer every time beats a long list you abandon. For ideas to go with it, see the trading psychology journal and the weekly review checklist.
Frequently asked questions
What questions should I ask after each trade?
How many journal questions are too many?
How do I review journal answers?
Related guides
- A local trading journal for MT5
- P&L calendar for MT5
- Trade notes, ratings and screenshots
- Trading progress and goals
- Back up your journal and move it to a new PC
- An offline trading journal for Windows
- How to set monthly trading goals
- Import your whole MT5 history
- How to tag trades
- Trade screenshots for your journal
- All trading journal comparisons
Answer the questions; let the numbers fill in
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