A trading journal is any systematic record of trades made, including details like instrument, entry/exit, size, and notes. Trademetria describes it as “an effective method for tracking trades and enhancing trading performance by giving you statistical evidence of what’s working”. In the context of Forex robots, the trading journal logs every automated trade so that performance can be analyzed. It becomes the foundation for performance review: journaling provides the data needed to compute win rate, expectancy, R-multiples, etc. By comparing journal data across time, traders can spot trends and biases (e.g. the robot overtrades on Mondays). A trading journal also facilitates iterative strategy refinement: each change to the robot (say, adding a filter) can be evaluated by comparing journal metrics before vs. after the change. Ultimately, maintaining a detailed trading journal (whether manual, spreadsheet, or specialized software) is critical for turning algorithmic backtesting and live trading into a closed feedback loop for continuous improvement.

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