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How to Enter Trades Manually

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Written by TradeReview team
Updated over 4 months ago

Why Manual Trade Entry Matters

Manually entering trades into your journal allows for precise record-keeping and ensures that you capture all relevant details. This helps you maintain a complete trading history and analyze your performance effectively.

Steps to Enter Trades Manually

1. Access the Trade Entry Section

2. Select Your Account

  • Select the account to which you want the trade execution to be applied.

3. Specify the Asset Type and Symbol

  • Asset Type: Select the type of asset (stock, option or option spread).

  • Symbol: Enter the symbol of the asset you are trading.

4. Fill in Trade Details

  • Stop Loss: Enter your stop loss (optional)

  • Take Profit: Enter your take profit (optional)

Depending on the asset type, additional details may be required, such as:

  • Direction: Relevant for options, Call or Put.

  • Expiration Date: Relevant for options.

  • Strike Price: Relevant for options.

  • Option Multiplier: Relevant for options and option spreads.

5. Tag & Categorize Trades

  • Use tags to categorize trades by mood, strategy, or mistakes.

  • This makes filtering and reviewing trades easier.

6. Create Executions

Click on the “Add execution” button to adding more executions. Here’s what you’ll need to fill out:

  • Entry date and time: The exact date and time of the trade execution.

  • Side: Buy/Sell. If it's a long trade, the first execution will be to buy. If it's a short trade, the first execution will sell.

  • Contracts: Enter the number of shares/contracts.

  • Price: The price at which the trade was executed.

  • Commission: Any commission associated with the trade

  • Fee: Any fee associated with the trade

5. Review & Save

  • Double-check the details before saving.

  • Click on “Save Trade” button to save the trade

Best Practices for Manual Trade Entry

  • Be consistent with your trade logging to ensure accurate analysis.

  • Include as many details as possible to improve your learning process.

By following these steps, you ensure that your trading journal remains a valuable tool for improvement. Stay disciplined and keep logging your trades!

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