Ghanshyam Tech

Free trading journal

Write down every trade. The journal does the maths.

Add each trade: the price you bought and sold at, your stop loss, and why you took it. The journal then shows which trades make you money, and which habits cost you money.

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Free to use. Sign up with an email address. The calculators and learning pages need no account.

A picture with sample numbers: one trade, and the numbers it adds to.

What is R?

R is the money you would lose if your stop loss is hit. The journal measures every trade in R.

  1. You buy 10 shares at ₹100.

    You also decide where to get out if the trade goes wrong.

  2. You set your stop loss at ₹95.

    If the price falls to ₹95, you lose ₹5 on each share. That is ₹50 in all. This ₹50 is your risk. We call it 1R.

  3. You sell at ₹110 and make ₹100.

    ₹100 is two times your risk of ₹50. So this trade is +2R.

The same trade, four endings

Every result is your profit or loss, divided by your 1R of ₹50.

  • You sell at ₹110+₹100. You made two times your risk. +2R
  • You sell at ₹102.50+₹25. You made half your risk. +0.5R
  • The stop loss is hit at ₹95−₹50. You lost what you planned to lose. −1R
  • You sell at ₹92.50, below your stop−₹75. You lost more than you planned. −1.5R

Why measure in R?

  • You can compare a small trade with a big one.
  • You can see if your wins are bigger than your losses.
  • You can see each time you lost more than you planned.

No stop loss? Then the trade has no R. The journal still shows its profit or loss in rupees. Selling short works the same way, with the stop loss above your price.

What you write down

The trade itself, and the part most people forget: why you took it and how you felt.

  • The trade

    Buy or sell, the stock or option, and your setup, such as Breakout or Pullback.

  • Prices and quantity

    Each buy and each sell, with its price, quantity, date and time. Bought in two parts? Add both, and the journal finds your average price.

  • Your plan

    Your stop loss and your target. The journal uses them to work out R.

  • Chart pictures

    Up to six screenshots on each trade, so you can see the setup again later.

  • Your thinking

    Why you took the trade, how you felt, any mistake you made, and what you learnt.

  • Discipline

    Did you follow your plan and your stop loss? Give the trade a score from 1 to 10.

What the journal works out for you

You type in the trades. The journal does the sums. Each number in your journal has an info button that explains it.

Win rate
48%
How many of your trades made money. 48% means 48 out of every 100.
Expectancy
+0.32R
What an average trade made, in R. +0.32R means about a third of what it risked.
Profit factor
1.7
Money made for every ₹1 lost. 1.7 means ₹1.70 made for each ₹1 lost.
Max drawdown
−4.1%
The biggest drop of your account from its highest point.
Results in R
How many trades ended at about −1R, +1R, +2R and so on.
Planned and actual R
1.4R of 2.0R planned
The R you aimed for, next to the R you got.

The numbers above are samples.

It also finds patterns

It looks at the day and the time, the setup, the stock, your feelings and your mistakes. Then it tells you what stands out.

What the Insights page can tell you, with sample numbers:
  • Your Pullback trades made +0.9R on average, over 14 trades.
  • Trades marked FOMO lost ₹4,820 in total.
  • When you followed your plan: +0.6R a trade. When you did not: −0.4R.

How it works

  1. Add a trade

    After you close a trade, fill in the trade form. It works on a computer and on a phone.

  2. See your numbers

    Your win rate, your R and the other numbers update each time you save a trade.

  3. Look back

    Check the last 7, 30 or 90 days. See what to keep doing, and what to stop.

Your trades are private

The privacy policy says what we store and why.

  • Other users cannot see your trades, notes or screenshots.
  • Screenshots are not public. The site checks that it is you before it shows one.
  • You can delete your account in Settings. Your trades and screenshots are deleted with it.

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Questions

Is the journal free?

Yes, it is free to use. You sign up with an email address and a password. The calculators and learning pages need no account.

Do I need to connect my broker?

No. You type in each trade yourself. The journal does not read anything from your broker account.

What is R?

R is the money you would lose if your stop loss is hit. If you risk ₹50 and make ₹100, the trade is +2R. If the stop loss is hit, it is −1R.

Who can see my trades?

Your trades are linked to your account. Other users cannot see them. The privacy policy explains what we store.

Does it tell me what to buy or sell?

No. We give no tips or calls. We are not registered with SEBI as an investment adviser. The journal only shows you your own trades. Nothing on this site is investment advice.

Does it work on my phone?

Yes. It works in the browser on your phone, and on a computer.

Can I delete my journal?

Yes. Go to Settings, then Danger zone. Your account, trades and screenshots are deleted at once.

Start with your last trade.

Create your journal