Most traders can say what their last trade made or lost. Far fewer can say how often they followed their own plan, which session they trade worst, or what they felt before the trades they regret. A trading journal exists to answer those questions with your own data. The Money Circle journal is built for that: quick to fill in, honest about the numbers, and set up for a weekly review.
What the Money Circle journal records
Every entry holds the facts of the trade and the context around it. You log the symbol, the direction, whether the trade is open or closed, and the open and close dates. You add the entry, exit, stop-loss and take-profit prices, the position size, the percentage of your account you risked and the reward-to-risk ratio. Profit or loss, as an amount and as a percentage, and the fees you paid complete the numbers.
The second half is what most spreadsheets leave out. You can note the strategy you were trading, the session (Asia, London or New York), how you felt, and whether you followed your plan, yes or no. There are free fields for mistakes and notes, plus tags. Those fields are where the lessons are, because a result alone never tells you why it happened.
Numbers that come from your own trades
Once trades are logged, the journal calculates your figures for you: win rate and profit factor, a calendar that shows each day as a gain, a loss or a day without trades, and the equity curve those days add up to. You can filter by result or by symbol to look at, for example, only your losing gold trades. All of it is derived from what you typed in. The journal does not invent benchmarks or compare you to other people, and a small sample of trades says little, so read early figures as a sketch rather than a verdict.
- Win rate and profit factor across the trades you logged.
- A calendar view of results per day, and an equity curve.
- Filters for winners, losers and individual symbols.
- Edit or delete any entry, so a typo does not poison the statistics.
Daily confirmation against your broker statement
A journal is only useful if it is true. For members who want their record checked, the journal accepts a daily confirmation: you upload a screenshot or statement from your broker for a given day, and the platform reads it and compares it with the trades you logged. The day is then marked as verified, or flagged as a mismatch with a note about what does not line up. It is optional, it takes about a minute, and it is a good habit even if no one else ever sees the result.
How to get value from a journal
The habit matters more than the tool. Log a trade straight after you close it, while you still remember the reasoning, and fill in the plan and emotion fields even when it feels pointless. At the end of the week, sit down with the entries and look for patterns in behaviour: the setup you execute well, the session where you overtrade, the mistake that keeps returning. Change one rule at a time and see whether the numbers move.
If you do not have written rules yet, start with the free trading plan template, then use the journal to check whether you follow it. The academy covers the method in Day 11 (backtesting, the journal and expectancy) and Day 14 (psychology and routine).
Where the journal sits in Money Circle
The journal lives in the member area next to the calculators, the practice lab, the charts and the academy, so learning, planning and review share one login. Registering is free and starts you on the Starter plan; the pricing page lists what each plan includes. Master membership also includes Trader Reflect, a sister product that can read your logged trades and write a review of your behaviour. Money Circle is a trading education platform. It is not a broker, it does not hold your money, and it does not tell you what to trade.
Frequently asked questions
What should I record in a trading journal?
Record the facts (symbol, direction, entry, stop, target, size, risk and result) and the context: the setup you used, the session, how you felt and whether you followed your plan. The context fields are what make a weekly review useful.
Does the journal work for forex, crypto and indices?
Yes. The symbol is free text, so you can log any market you trade, and the risk and result fields work the same way for currency pairs, crypto, indices and commodities.
Can the journal check my trades against my broker?
You can upload a daily confirmation from your broker. The platform reads it and compares it with the trades you logged for that day, then marks the day as verified or shows what does not match.
Is the trading journal free?
Registration is free and starts you on the Starter plan. What each plan includes is listed on the pricing page, which is kept up to date, so check it there before you decide.
Will a journal make me profitable?
No tool can promise that. A journal shows you your own habits and results so you can fix what is fixable. Trading carries a high risk of loss and past results do not predict future ones.
Start your journal for free
Create a free account, log your next trade and review the week. No card needed to register.
Educational content, not financial advice. Trading foreign exchange, CFDs and cryptocurrencies carries a high level of risk and may not be suitable for everyone. You can lose more than you expect, and past performance does not guarantee future results. Only trade with capital you can afford to lose. Disclaimer.