You wrote, “It took too long to get to 100 R. I should be double that by now.

While it often seems like a good idea at the time, pulling stops is usually a boneheaded thing to do. I could have used those 16R of losses on other setups and potential winners.”

I think that goes to show what detailed journaling can show us as traders. It’s awesome you’re willing to share these stats.

I’m curious how you also manage your trades, to get the most R out of them as possible. Do you rely more on market action, the stock’s action, a set target for partial sells, your gut, or other stop-loss methods when in the trade?

I’m glad you’ve found the info on the site helpful. Unfortuantely I don’t know how to help you with using the spreadsheet for futures. Those columns were ones that I added after the fact and as it turns out, I never look at them anyway. Perhaps you could just dump them?

Thank you for all the work you do, your site has helped me in the transition from being a prop trader for a bank to trading for myself at home. That said, my focus these days seems to be more about how to minimize losing money than making it The articles and links to risk management articles on your site are second to none and have really opened my eyes. I downloaded your trading journal spreadsheet, but because I trade futures and am highly leveraged, I’m not sure how to accomodate this on the spreadsheet. I can use the multiplier for the futures contract, say 500 for mini crude to place a quantity amount, and this will reflect the gross amount of $ at work ( not my $, just the total margined amount). The R Multiple column doesn’t care what the quantity it will reflect properly whatever the quantity. I guess the columns that I’m most interested in are the %P/L and the Initial % Risk. Any suggestions are much appreciated, I hope to join the trading blog community soon, when I have the time. Good luck with the new online show ! Jeff