Trading journal guides
Plain explanations of the records and numbers traders rely on, with worked examples you can check by hand.
Guides
- How to keep a trading journal What to record for each trade, how to run a weekly review, how to tag mistakes and measure their cost, and why R-multiples make trades comparable. Journal practice · 6 min read
- Prop firm daily loss vs max drawdown Balance-based and equity-based daily limits, when the day resets, static and trailing maximum loss, and which limit binds first, with worked examples on 50,000 and 100,000 accounts. Prop-firm rules · 6 min read
- Trading expectancy explained Expectancy per trade and in R, how win rate and payoff ratio trade off, the break-even win rate, what costs do to it, and how many trades an estimate needs. Statistics · 5 min read
- How to export trade history Where the export command lives in MetaTrader 4, MetaTrader 5, cTrader, NinjaTrader 8, Tradovate and TradingView, and how to import the file. Imports · 5 min read
Calculators
Calculators that do the arithmetic in the guides
Each guide links to the calculators behind its worked examples. They are free and need no sign-up.
- Position size calculatorSize a trade from a planned risk and a stop distance.
- Prop-firm drawdown calculatorDaily and maximum-loss floors for your own numbers.
- Trading expectancy calculatorAverage result per trade from win rate and average win and loss.
- Break-even win rate calculatorThe win rate a payoff ratio needs to stop losing money.
Aurith Journal
Stop calculating by hand. Journal it.
Import your trades from MetaTrader, cTrader, NinjaTrader, Tradovate or any CSV and see win rate, expectancy, drawdown and your prop-firm room — computed for you, stored only on your device.