Trade Journal & Stats
Import your broker fills, match each trade to the plan you wrote beforehand, and read your own performance honestly.
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Worked example — the numbers below are illustrative.
Example data — a small imported journal. Import your own to replace it.
Import your broker fills
Import first — that is the point of the journal. Your file is read in your browser; nothing is sent until you press Import. Interactive Brokers Flex (XML) is the primary path; a broker CSV works too and we map the columns for you.
You are viewing example data. Load your own file to import for real — importing will replace the example.
Your trades
No trades yet. Import an Interactive Brokers Flex file above to fill this in — or add one manually at the bottom.
Performance stats
No closed trades yet. Once you import (or close) trades, your win rate, profit factor, average R and equity curve appear here.
The fallback for a broker we don’t import yet. Importing is the primary path — this is here for the odd one-off.
Import your broker fills, match each trade to the plan you wrote beforehand, and read your own performance honestly.
Steps
- 1
In Interactive Brokers, build a Flex Query: choose the Trades section and XML format, run it, and download the file. (A broker CSV export also works — the importer maps the columns for you.)
- 2
Drop the file into the import panel. The tool reads it in your browser, shows you the first few parsed rows, then imports — nothing is uploaded until you confirm.
- 3
Work the ticket queue: each imported trade offers the matching plan card you wrote before the trade. One click links it. No card yet? Create a quick retrospective card — it is flagged so it never flatters your plan-adherence stats.
- 4
Read the stats panel. Enter your starting book size so month-on-month and equity levels are real numbers, not guesses.
- 5
Every figure has an "i" — read what it is, how to use it, and what it is NOT. The tools measure what you did; the course teaches the judgement behind it.
What the numbers mean
- net pnl
What: The sum of realised profit and loss across your closed trades, after fees.
How to read it: This is the bottom line of what you actually banked over the trades imported here.
What it is not: It is not your account balance and not unrealised P&L on open positions.
- win rate
What: The share of decided trades that were winners: wins / (wins + losses).
How to read it: Read it beside profit factor — a low win rate can still be very profitable if your winners are large.
What it is not: Scratches (exactly break-even trades) are excluded. A high win rate alone does not mean an edge.
- profit factor
What: Gross winning dollars divided by gross losing dollars.
How to read it: Above 1 means your winners outweigh your losers overall; 2 means you made two dollars for every one lost.
What it is not: It is not a guarantee or a forward number. It shows "no losing trades yet" while you have none — not an infinite edge.
- avg r
What: Average realised R: each trade’s P&L divided by the maximum risk you set on its plan card.
How to read it: An average R of +0.5 means, per trade, you made half of the amount you had pre-committed to risk.
What it is not: It only covers trades that have a plan card with a risk limit — the coverage figure tells you how many. Retrospective cards are excluded.
- r coverage
What: The fraction of your closed trades that have a planned-risk figure to compute R from.
How to read it: The closer to 100%, the more your average-R reflects your whole book rather than a subset.
What it is not: Low coverage does not mean the trades were bad — only that they were not plan-carded before the trade.
- mom pct
What: Month-on-month return: each month’s realised P&L divided by your equity at the start of that month.
How to read it: Enter your starting book size so the base equity is right; compounding is handled month by month.
What it is not: It is a realised-P&L return on your stated book — not a time-weighted or externally audited return.
- equity curve
What: Your cumulative realised P&L over time, added to your starting book size if you enter one.
How to read it: Look at the shape: steady climbs, flat patches and drawdowns say more than any single number.
What it is not: It steps only on closing dates and ignores open-position swings — it is not a live account curve.
- kelly
What: A textbook position-sizing fraction derived from your win rate and average win/loss ratio.
How to read it: Treat it as a research statistic about your historical sample, shown only once you have 30+ closed trades.
What it is not: It is NOT a recommended bet size and NOT advice. Full Kelly is famously too aggressive; small samples make it wildly unstable. The course teaches how sizing is actually decided.
- avg win
What: The average dollars made on a winning trade.
How to read it: Compare it to your average loss to see your reward-to-risk in practice.
What it is not: It says nothing about how often you win — read it with the win rate.
- avg loss
What: The average dollars lost on a losing trade, shown as a positive magnitude.
How to read it: If this is larger than your average win, you need a high win rate just to break even.
What it is not: It is a realised average, not your maximum or your planned stop loss.
- retro badge
What: Marks a trade whose plan card was created after the fact (retrospective).
How to read it: Use it to keep yourself honest: these are excluded from plan-adherence R by default.
What it is not: It is not a criticism of the trade — only a flag that the plan was not written beforehand.
- linked badge
What: Shows the trade is linked to a plan card you wrote before placing it.
How to read it: Linked trades feed your average-R and per-thesis breakdowns.
What it is not: It does not judge whether you followed the plan — that is the Plan Adherence Review’s job.