Trading Tools - How to see the adjustments you need to make

[@smbcapital]

SMB's Workshop on Trading Setups (free) bit.ly/3uhPSII 📈

[@lennoxafriyie7474]

Is it possible to share the template with us or even make it available for purchase?

[@smbcapital]

@@lennoxafriyie7474 can discuss with Garrett to see if he is okay doing this

[@ryansm3417]

Good stuff, in my own trading I have found that keeping a journal tends to keep me from overtrading (because I know that when the market closes I have to do all this data entry) and being a little less subject to FOMO. I grade every trade from 1-10 (just overall on the entry and the management, not just the end result), and before I take a trade I always think that I never want to have to type in anything under a 7 if I can help it.

[@moneyneversleeps8941]

You are a genius. I am going to do just that

[@razzyp3999]

Always good to review your trades and there's always tools you can pick up from other traders we can learn off each other..I personally like taping your trades so you can review them back. Mikeni this trader Alan Sandler's brother or what! 😂👍

[@unatrader108]

Makes my trade journal look quite low level. Brilliant.

[@seancollins1734]

I really like your recent topical videos like the reading the tape and this one on the trading log. Fantastic idea. I'm going to have to watch this a couple more times because it never even entered my mind to record and track some of these things. Amazing.

[@cubbie8330]

Nice job Garrett! Thanks for sharing your insight.

[@danle746]

Excellent informative video, I will be implementing this to my trading journal. Thanks for sharing.

[@KT-zx9jr]

Great clip Gents and thanks very much for sharing n taking the time to post. Much appreciated. Great ideas and points. Good way to step back n see what the market is telling you with the reviews. Thanks, Kirby.

[@mariomoirinho7601]

Well Presented! Thank You!

[@ajaymalik3089]

Extremely valuable. I copied your template and am adding a column for VIX during trade. This also allows for sorting by VIX later on to see what was working/not working during different volatility environments. Thanks for this gem.

[@ClaytonKimbrew]

Agreed! Excellent work man. Thanks for sharing. One thing that could have made the presentation a little better, getting rid of that candy while delivering.

[@thomastam1021]

thanks for the video, picked up alot of idea from this video. Great work!!

[@meeyoouuzeek]

This is very helpful. Thank you for the video. Nice to see how pros evaluate aspects of their trading.

[@michaeldulieu7312]

This is gold!!

[@smbcapital]

thx Michael

[@bhobba]

Excellent video for traders.

[@smbcapital]

we agree!

[@MrJmt255]

Lots in this video to work with. Great ideas. Thanks👍

[@Dribbles88]

This is great! I'm building a software for my daily log and this definitely gives me new ideas to implement in the future.

[@kefaliask]

love this, was trying something similar but this is better. Thank you traders

[@sterlingking1243]

Great video. Really great way to help trading muscle memory reflex and reaction time when trading. Was listening to chat with traders and on a recent episode there was a trader who made a live data (RTD) excel spreadsheet which updated him each morning via email or text with trade ideas that fit his playbook Think I’m going to put one together tonight.

[@rezakhoshdel5258]

Very interesting - do you have the link? Would like to delve into this more

[@eugenesmb5741]

I think Garret is one of the most humble senior traders at SMB that I met ))) Great guy! I would like to address one question about the P&L section to him. Does the total R volume in that section represent the outcome in relation to the max daily loss or loss per trade? Thank you!

[@smbcapital]

thx Eugene, I'll let Garrett know to check the YT comments so hopefully he'll respond back

[@eugenesmb5741]

@@smbcapital Thank you! 😊👍🏼

[@garrettdrinon]

1 risk unit is a percentage of the daily stop loss. But it can represent whatever amount makes sense to you as long as you are consistent with it and respect your stop loss. Use it as a basis for increasing risk and a constant when evaluating your trading as you scale up.

[@mazimov]

That is massively helpful, you guys. It think I will apply some of this in my trading journal. Thanks!

[@smbcapital]

Glad it was helpful!

[@ezrabrehm9480]

Great content as always. I take a lot of the psychology tips you guys give and apply it to forex.

[@itsiktzur]

Excellent ,very helpful , Thank you so much smb capital for consistently providing valuable content. 😊😊😊🙏🙏🙏

[@smbcapital]

Always welcome

[@mohammadfarzan230]

Thanks

[@smbcapital]

you bet!

[@stormking6560]

"Aha" Damn that was good👍

[@coreyradford3725]

This looks like dna and or winning trader material, if it isn't in those already. Really awesome stuff!

[@anthonymorgan935]

This is amazing guys, so smart!

[@stevefox4504]

Very interesting. One question I have. When do you fill in these datas. Aftermarket or after each trade ?

[@Augie..]

After each day, so that you won't be affected by your P&L

[@garrettdrinon]

After market close

[@transcendenttrader2078]

Excellent! Just for clarity, is your use of 'R' in this journal relative to your daily max loss? .6R = .6 of your daily limit? Thanks.

[@garrettdrinon]

1 risk unit is a percentage of my daily stop. The dollar amount equal to 1 risk unit will increase as I scale up and increase my risk per trade. The key for me is to stay consistent with it and use R as a constant when evaluating my trading.

[@couchpotato684]

Thanks.

[@lennoxafriyie7474]

Is it possible to share the template with us or even make it available for purchase?

[@garrettdrinon]

It is merely a home made google sheets document and your trade log will most likely look much different than mine. “What is important to your trading?” is the first question to ask yourself when devising a trade log.

[@niravparekh113]

Can anyone share this template?

[@mediapadx2]

I'm lost in the colors...