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Trading PsychologyProcess WalkthroughOct 4, 20264 min read

How to Write Down a Trade You Regret

Learn a step-by-step process for journaling a trade you regret, separating the decision from the outcome, and turning emotion into a usable weekly review.


On this page
  1. What should you write first when a trade still feels bad?
  2. How do you separate the decision from the outcome in your notes?
  3. What do you do with the regret entry a week later?

What should you write first when a trade still feels bad?

The short answer

Write the facts before the feeling settles. Note what the plan said, what you actually did, and where the two diverged. The emotional account comes after the factual one, not instead of it.

Regret shows up fast and it shows up loud. Before you try to explain why you feel bad, record what happened in plain terms. What was the setup condition you were watching. What did your plan say you would do if that condition appeared. What did you actually do when the moment arrived.

Keep this first pass short and literal. You are not analyzing yet. You are building a record that a later, calmer version of you can trust. If you skip this step and go straight to judgment, the entry becomes a story about how you feel instead of a record of what occurred.

How do you separate the decision from the outcome in your notes?

The short answer

Write two separate lines: one for the decision quality and one for the result. A sound decision can still produce a result you dislike, and a poor decision can still produce a result you like. Journaling both prevents one from disguising the other.

This is the part most people skip, and it is the part that gives the entry any value. Ask whether the decision matched your written plan at the moment you made it, using only the information you had then. Answer that question before you look at how the trade closed.

Then, separately, describe the result. Did the position move the way you expected. Did you exit where your plan said you would, earlier, or later. Write this as its own line, not blended into the decision line.

When these two lines are kept apart, patterns become visible over time. You might notice that your decisions were sound but your exits drifted. You might notice the opposite. Either way, the entry teaches you something specific instead of leaving you with a general sense of disappointment.

What do you do with the regret entry a week later?

The short answer

Return to the entry once the emotional charge has faded. Read it as a record, not a confession. Pull out one behavior to repeat and one behavior to adjust, then close the entry.

A regret entry written in the moment is useful, but it is not the final word. Revisit it after a few sessions have passed. Read the decision line and the result line again, slower this time, and ask whether your description still matches what you remember, or whether the story has shifted.

Look for the point in the sequence where the plan and the action separated. Sometimes that point never existed, and the discomfort was only about an outcome you did not control. Sometimes the point is clear, and it tells you exactly where to focus next.

Close the review by naming one thing you would keep doing and one thing you would do differently. Do not rewrite the whole plan around a single entry. One entry is one data point. A pattern across many entries is what actually earns a change to your process.

Take it with you

  • Record the facts of the trade before you record how you feel about it.
  • Keep the decision quality and the outcome as two separate lines in the entry.
  • Revisit regret entries later, once the emotional charge has faded.
  • Let patterns across many entries guide changes, not a single bad feeling.

Questions traders ask

  • Should I journal every trade or only the ones I regret? A consistent journal covers every trade, not just the uncomfortable ones. Reviewing only regret entries skews the record toward emotion.
  • What if the decision was sound but the outcome was still bad? Write that down exactly as it happened. A sound decision with an unwanted result is a normal part of trading and is a different lesson than a decision that drifted from the plan.
  • How long should a regret entry be? Long enough to capture the setup, the plan, the action, and the two separated lines for decision and outcome. Length matters less than whether the entry is specific.
  • trading journal
  • trade regret
  • trading psychology
  • self-review