A green day doesn’t always mean I traded well

Something I’ve been trying to get better at is separating the result of the day from the way I actually traded.

I’ve had green days where I broke rules, forced trades, or got lucky on an entry I probably shouldn’t have taken. I’ve also had red days where I followed my plan, respected my risk, and simply had a trade that didn’t work. For a long time I judged the day mostly by the P&L. Now I’m trying to pay more attention to the decisions behind it.

I still care about making money, obviously, but I don’t want a green number to convince me that a bad decision was a good one.

Curious how other traders look at this. Do you judge the day mainly by P&L, execution, or both?

reddit.com
u/JRirvero — 8 days ago

I built a trading journal after years of tracking my options trades in Excel

I started trading options four years ago and have been learning along the way. For most of that time, I kept my trading data in Excel spreadsheets. I know there are already many trading journals out there, but I built Weezpr because, as a trader, I had a clear idea of the things I wanted to track, review, and better understand about my own trading.

With Weezpr, I can check my P&L, review what I did well and where I made mistakes, compare strategies, take notes, save snapshots, and create day plans and trade plans. The main reason I use it is to see if I am actually improving over time, rather than judging my progress by whether a single day was green or red.

One feature I use a lot is the Discipline Tracker.

In the Discipline Tracker, I can define the trading rules I want to follow and review how well I followed them and where I broke them. This helps me compare my results with the decisions I made, instead of looking only at the final P&L.

There is also a Goal Tracker for defining personal objectives and reviewing progress over time.

Weezpr also includes a trading calendar, performance analytics, trade and day reviews, strategy tracking, and trade imports. I have tried to keep the workflow simple because I don’t want journaling to become another complicated task after trading.

It is currently in a free private beta, and I’m inviting a small group of traders to try it and share honest feedback. I’m especially interested in what feels useful, confusing, missing, or unnecessary.

The screenshots are from the actual product and use sample data and example rules for demonstration.

Website: weezpr.com

For those who journal regularly, what part of the process still feels more complicated than it should?

u/JRirvero — 18 days ago
▲ 0 r/options+1 crossposts

I'm building a trading journal after getting tired of reviewing trades in spreadsheets.

I started building Weezpr after using spreadsheets for my own trade reviews. They worked for a while, but over time the process became difficult to maintain, and I realized I was collecting more information than I was actually using.

I knew there were already plenty of trading journals available, but the ones I looked at didn’t quite fit the way I wanted to review my trading. I wanted something simpler and more visual, focused not only on P&L, but also on discipline, repeated mistakes, and the decisions behind each trade.

Weezpr is currently free while it’s in beta, but the core experience is already working well. Traders can import and review trades, create Day Plans and Trade Plans, keep notes, track goals, and use a Discipline Tracker to stay focused on process, not just the final P&L.

I’m looking for honest feedback from traders, especially on what feels useful, what feels unnecessary, and what would make the review process easier to stick with.

If you’re curious, you can take a look here: https://weezpr.com

u/JRirvero — 20 days ago