Recording Trade Details

Recording comprehensive trade details is crucial for understanding your trading patterns and improving your strategy. Ascentia provides multiple fields to capture every aspect of your trades, from basic entry/exit data to detailed psychological and market context.

Why Detail Matters

The more information you record, the more insights Ascentia's AI can provide. Detailed records help you:

• Identify patterns in winning and losing trades
• Understand your emotional state during trades
• Recognize market conditions that favor your strategy
• Track adherence to your trading plan
• Generate accurate performance reports

Entry Details

• Asset/Ticker: The instrument you traded (stocks, forex, crypto, etc.)
• Direction: Long (buy) or Short (sell)
• Entry Price: Your fill price when opening the position
• Quantity: Number of shares, lots, or contracts
• Entry Time: Exact date and time of entry
• Order Type: Market, limit, stop, or other order types

Exit Details

• Exit Price: Your fill price when closing the position
• Exit Time: Exact date and time of exit
• Exit Reason: Why you closed (target hit, stop loss, manual exit, etc.)
• Partial Exits: Record if you scaled out of the position

Financial Details

• Commission: Broker fees for opening the trade
• Exit Commission: Broker fees for closing the trade
• Swap/Overnight Fees: Holding costs for multi-day positions
• Slippage: Difference between expected and actual fill price

Pre-Trade Planning

• Stop Loss: Your predetermined exit point for losses
• Take Profit: Your target profit level
• Risk Amount: Dollar amount you're willing to lose
• Risk Percentage: Percentage of account risked on this trade
• Risk/Reward Ratio: Expected reward relative to risk
• Position Size: How you calculated your quantity

Execution Tracking

• Planned vs Actual Entry: Did you enter at your planned price?
• Stop Loss Adjustments: Record any changes to your stop
• Scaling Strategy: Did you add to or reduce your position?

Trade Setup

• Strategy Name: Which strategy did you use? (e.g., "Breakout", "Mean Reversion")
• Setup Type: What pattern or signal triggered the trade?
• Timeframe: What chart timeframe did you analyze?
• Market Condition: Trending, ranging, volatile, or quiet?
• Session: Asian, European, or US trading session?

Technical Analysis

• Indicators Used: Which technical indicators confirmed your entry?
• Support/Resistance: Key price levels you identified
• Trend Direction: Was the overall trend up, down, or sideways?
• Chart Patterns: Any patterns you identified (triangles, flags, etc.)

Pre-Trade Mindset

• Confidence Level: How confident were you in this setup? (1-10)
• Emotional State: Were you calm, anxious, excited, or fearful?
• Distractions: Were you fully focused or distracted?
• Physical State: Were you well-rested and alert?

During Trade

• Monitoring: Did you watch the trade constantly or set alerts?
• Stress Level: How stressful was managing this position?
• Temptation to Exit: Did you feel tempted to exit early?

Post-Trade Reflection

• Followed Plan: Did you stick to your trading plan?
• Lessons Learned: What did this trade teach you?
• Mistakes Made: Any errors in execution or judgment?

• Record Immediately: Log trade details right after execution while memory is fresh
• Be Honest: Document mistakes and emotional reactions truthfully
• Use Templates: Create custom fields for your specific strategy requirements
• Add Screenshots: Visual records of charts help with later analysis
• Review Regularly: Periodically review your notes to identify patterns
• Update Open Trades: Add notes as the trade progresses, not just at entry/exit
• Tag Consistently: Use consistent tags and categories for easier filtering