A structured digital document, compatible with spreadsheet software, designed for systematically recording details of executed market transactions, obtainable at no cost. This resource assists individuals in tracking and analyzing their investment activities. Information typically captured includes trade date, asset class, entry and exit prices, position size, rationale for the trade, and resultant profit or loss.
Systematic trade tracking fosters informed decision-making, enhances risk management, and aids performance improvement. Maintaining a record enables identification of profitable strategies, detection of recurring errors, and objective performance assessment, thereby facilitating refinement of trading approaches and improvement of overall outcome. The approach has evolved from paper-based methods to digital formats for increased efficiency and analytical capabilities.