Trading Journal Excel Template (2024)

Keeping a trading journal is one of the most important tasks for serious traders. It helps to track the development and makes it easy to decide on the next move. However, this task becomes quite time-consuming after a while, especially for high-volume daily traders. For this reason, we have built an easy-to-use yet strong Trading Journal Spreadsheet Template.

The best part is, all in Excel! So, you don’t need to spend time learning complex software or web services for this job.

Besides, most of our users have a habit of sharing monthly results with the #somekatradingjournal hashtag on Twitter! Why not join them?

How to use Trading Journal Template?

Let’s have a look at the sections of this template one by one:

Raw Data:

This is where you input your raw data (which you can export from your broker or agency software). We have prepared two versions for easier data management. (The trading journal package contains two versions: One is the default version, and the other is the IRESS Viewpoint version).

• If you’re using IRESS Viewpoint, you can directly use the Viewpoint version.
• If you’re using IRESS Pro, you can adapt your output data and easily use any of the available versions of our Trade Journal.
• If you’re using the thinkorswim platform, you can simply adapt your data and use the Default version of our product.
• If you’re using Interactive Brokers or any other platforms, please let us know and we can provide you converter that will work for you.

You will simply input your data into the white cells. We have put some dummy data, please don’t forget to replace them with your own. From the top section, you can control commission rates, and also you can select the Contract Time. You can use either Exit Time or Entry Time.

In addition, if you want to define different rates per broker, you can do this in the Settings section of the trade journal template. You can also write different commissions for each row manually. (Manual inputs have priority in calculations)

When you are done with putting your data, press the “REFRESH” button to reflect changes to the Trade Log section. Some rows can be ignored if data is missing, there is an open position or the date format is wrong. So check the Data Control Messages. Finally “Reset Table” button clears all existing data.

Trade Log:

This is where your raw data is calculated, filtered, and displayed per transaction. Because as we mentioned before, this section is being fed from Raw Data. So, if you need to edit something please work on the Raw Data section of the Trading Journal.

If you think your transactions look good and correct according to your data, you can proceed to analyze dashboards to check your development and trends.

On the right side of this section, you will notice the Metadata selections, which feed the Metadata Analysis we mentioned below.

Trading Journal Template – Weekly & Monthly Dashboard:

Here you can see the weekly/monthly performance of your transactions. You can make the selection from the top section (multiple selections allowed). New days and filters will appear as you add new data to the Raw Data section.

All Trades Dashboard:

Here is the dashboard of the trading journal where you see the overall performance of your logs. The Cumulative Net Profit / Loss chart will give you a good idea about your decisions in the long term.

Metadata Analytics:

This section is fed from the data you input on the right side of the Trade Log. (You can edit these metadata drop-downs in the Settings section)

Broker Call Tracker:

This is an independent section in which you can input some specific data for your trading log. Similar to the metadata analytics, these drop-downs can be edited in the Settings section.

Settings:

In this section, you can input your source data for the drop-downs used throughout the trading journal. This will affect the metadata analytics and broker call tracker sections as mentioned above.

Finally, you can also manage the Entry Time calculation here. Furthermore, you can define intervals for different categories in this trading journal Excel template. What you input is the start time for that category. So if your Date field in the Raw Data section also consists of Time data, the tool will automatically calculate and reflect it to the Metadata Analytics report.

Trading Journal Spreadsheet Template Features:

• Easy-to-use trading journal for traders
• Works in Excel, no need for complex software
• Compatible with both Mac and Windows
• No installation is needed, ready to use
• Professionally designed dashboards
• Full Print Ready stock journal
• White Label
• Daily / Weekly / Monthly Views
• On Sheet Instructions
• Compatible with Excel 2013 and later versions
• Includes VBA code and macros