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Spreadsheet, app or notebook: which trade journal works best?

Posted: Fri Oct 30, 2026 2:14 pm
by Shadow Trader
A journal only works if it gets used. The best tool is the one that survives six months.

Spreadsheets offer total flexibility. Custom columns, formulas and charts are possible, and the data stays private. The downside is manual entry, which becomes a chore.

Dedicated journaling apps import trades automatically from the broker, calculate statistics and generate charts. They save time but sometimes limit customisation, and some charge subscription fees.

A paper notebook suits traders who want to record emotions and reasoning in free text. It lacks analytics.

A hybrid works well for many: automatic import for numbers, plus a short text field for the setup, emotional state and lessons.

Whichever method is chosen, consistency counts more than sophistication. A simple journal filled out daily beats an elaborate one abandoned after two weeks.

Many traders test a method for one month before committing, since the real test of any tool is whether entries are still being made in week six.

Which journaling method has lasted longest here, and what makes it easy to maintain?

Re: Spreadsheet, app or notebook: which trade journal works best?

Posted: Fri Oct 30, 2026 7:12 pm
by Amanhasnoname
The one that has survived for me is a plain spreadsheet, but only after I cut it down to eight columns. My first version had more than twenty, and by the third week I was skipping entries because filling it in took longer than some of my trades lasted.

Now I export the deal history from the platform once a day and paste it into a raw data tab, which covers prices, times and costs automatically. The only things I type by hand are the setup name, a score for how well I followed the plan, and one short line of notes. That takes maybe two minutes after a session.

I tried two paid apps along the way. The statistics were nice, but I found myself looking at charts of my results instead of reviewing actual trades. The spreadsheet forces me to look at each line, which is where I actually learn something. I keep a small paper notebook next to the keyboard as well, mostly for how I felt before the session.