Answer Capsule: A trading journal tracks every trade: entry, exit, P&L, setup, emotions. After 100 logged trades, patterns emerge. Professional traders journal because data beats memory. Free Google Sheets template included.
A trading journal tracks every trade: entry, exit, P&L, setup, emotions. After 100 logged trades, patterns emerge. Professional traders journal because data beats memory. Free Google Sheets template included.
A professional trading journal built in Google Sheets. Track every trade and calculate your real performance metrics β just like a hedge fund.
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Win Rate & Loss Rate
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Profit Factor (Gross Profit / Gross Loss)
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Expectancy (Average P&L per trade)
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Maximum Drawdown
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Rolling Performance (30-day / 90-day / All-time)
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P&L by Asset, Session, and Market Condition
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Equity Curve (auto-generated chart)
1. Copy the formula below
2. Open Google Sheets β New Spreadsheet
3. Paste in cell A1
4. Start logging your trades
Date | Asset | Direction | Entry | Stop | Target | Exit | Pips | P&L | Notes | Session | Setup Type =SPLIT(A1,"|")
Win Rate: =COUNTIF(I2:I1000,">0")/COUNTA(I2:I1000) Profit Factor: =SUMIF(I2:I1000,">0")/ABS(SUMIF(I2:I1000,"<0")) Expectancy: =AVERAGE(I2:I1000) Max Drawdown: =MIN(ARRAYFORMULA(SUMIF(ROW(J2:J1000),"<="&ROW(J2:J1000),J2:J1000))) Sharpe Ratio: =(AVERAGE(I2:I1000)/STDEV(I2:I1000))*SQRT(252)
Free Google Sheets template - File > Make a copy to get started.
Google Sheets TemplateYou can also download as Excel: File > Download > Microsoft Excel (.xlsx)
This spreadsheet is great. But a built-in analytics dashboard is even better. Track profit factor, Sharpe ratio, and drawdown automatically β no formulas needed.
Try Built-in Signal Analytics β
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