How to Track Your Trading Psychology
Tracking Trading Psychology
Your mental state significantly impacts trading results. Learn to track and improve it.
Why Psychology Matters
Studies show psychology affects:
- 80% of trading success
- Entry/exit timing
- Position sizing decisions
- Rule following
TradeLogist Psychology Features
Per-Trade Tracking:
- Emotion tags (confident, anxious, FOMO, etc.)
- Pre-trade mood rating (1-5)
- Post-trade reflection
- Rule adherence checkboxes
Setting Up Psychology Tracking
- Go to Settings → Trade Fields
- Enable psychology fields:
- Emotional state
- Confidence level
- Rule following
- Post-trade notes
Emotion Tags
Common emotions to track:
| Emotion | Impact | Warning Sign |
|---|---|---|
| FOMO | Chasing entries | Taking setups outside plan |
| Revenge | Overtrading | Trading to recover losses |
| Fear | Missing trades | Not taking valid setups |
| Greed | Holding too long | Ignoring exit signals |
| Confidence | Proper execution | Following the plan |
Daily Journaling
Add daily context:
- Pre-market: Note mental state, sleep, news
- Post-market: Review emotions during session
- Weekly: Identify patterns
Analyzing Psychology Data
Reports show:
- Win rate by emotional state
- P/L by confidence level
- Best/worst emotion trades
- Psychology trends over time
Psychology Insights
Look for patterns:
- "I lose when trading with FOMO"
- "Confident trades win 70%"
- "Revenge trades lose 80%"
Improvement Actions
Based on data:
- Identify problem emotions
- Create rules to manage them
- Track improvement over time
Best Practices
- Be honest - No one sees this but you
- Log immediately - Before emotions fade
- Review weekly - Find patterns
- Act on insights - Create rules from data