How to Set Up Your MarketMemo Trading Journal for Success

May 5, 2025

If you're serious about leveling up your trading game, keeping a trading journal isn't optional, it's essential. And with MarketMemo, the all-in-one trading journal built for traders who want to get better, faster, it's never been easier to log, analyze, and refine your trades. In this post, we'll walk you through exactly how to set up your MarketMemo trading journal for success so you can start seeing real progress in your performance.

Step 1: Sign Up and Set Your Trading Style

Once you've created your MarketMemo account, the first thing you'll do is set your trading style. Are you a day trader, swing trader, options specialist, or crypto Degen? MarketMemo customizes your dashboard and data points based on how you trade, so be honest and specific here.

Pro Tip: You can adjust this later, but starting off with a defined style helps MarketMemo serve up the most relevant insights.

Create a MarketMemo trading journal account

Step 2: Customize Your Journal Templates

MarketMemo lets you personalize your journaling workflow. Choose from pre-built templates to match how you trade. Some traders prefer quick bullet-point notes. Others want detailed entries with screenshots, indicators, and emotional state.

Core fields to consider adding:

Entry and exit points
Position size
Strategy used
Outcome (profit/loss)
Risk/reward ratio
Mistakes or lessons learned

How to log a trade in MarketMemo trading journal

Step 3: Connect Your Broker or Import Past Trades

Automate your journaling by connecting MarketMemo to your broker (if supported) or importing trade data via CSV. This saves time and ensures accuracy.

Bonus: MarketMemo auto-tags your trades based on strategies and setups once the data is in.

View trading performance analytics in MarketMemo journal

Step 4: Set Performance Goals

What are you trying to achieve with your trading? 2% weekly growth? 70% win rate? Less revenge trading? Set SMART goals (Specific, Measurable, Achievable, Relevant, Time-bound) directly in MarketMemo.

You can then track your progress with weekly or monthly reports, visual dashboards, and trade reviews.

Add trade notes and reflections in MarketMemo journal

Step 5: Build a Routine for Logging & Reviewing

Consistency beats intensity. Set a specific time of day to log your trades and do a weekly review. Use MarketMemo’s review tools to tag your best trades, flag common mistakes, and spot psychological patterns.

Review Checklist:

Which setups worked best this week?
Any recurring mistakes?
Was risk properly managed?
Are emotions showing up in your trades?

Step 6: Use the Analytics to Get an Edge

Once you have a few weeks of data, dive into your analytics. MarketMemo offers:

Win/loss ratios by strategy
Equity curve tracking
Risk-adjusted performance
Emotional tagging heatmaps

Use these to refine your moves, eliminate bad habits, and double down on what works.

Final Memo

Setting up your trading journal correctly from Day 1 puts you on a path to real, lasting improvement. With MarketMemo, you’re not just tracking trades, you’re building a system that helps you evolve as a trader.

So don’t just trade. Trade with purpose. And let MarketMemo help you trade better.

Ready to start journaling like a pro? Create your free MarketMemo account now →