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Journal – Trade Results

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Updated
BySupport Team
Table of Contents

Trade Details

The Journal allows you to view your trade results, including a visual outline of the position from Open to Close, including any Adjustments and Expirations.

Start in the Life of Trade view.

Click on the Gain/Loss value on the far right of the trade entry

Journal in Life of Trade view listing four closed trades, with an arrow pointing at the green Gain/Loss value at the far right of the FDX Bull Put row

Stock Journal Entry

Trade Details dialog for a closed CAT long stock trade, Summary tab, Price view: numbered callouts mark the overview tabs (1), the trade summary with symbol, status, position, account and tags (2), the 2.60 result (3), the three color-coded evaluation boxes (4), the Price/Performance toggle (5) and the candlestick chart marking entry and close with the target and stop lines (A)
The same CAT Trade Details Summary tab in Performance view: the cumulative mark-to-market line chart (B) climbing from a small loss to +253, with the plain-language summary of performance beneath it (6)
  1. Overview Tabs: Summary, Risk/Return, Position & Plan
  2. Trade Summary: Symbol, Trade Status, Position, Account & Tags
  3. Results: Profit/Loss, % of Target, Duration of Trade
  4. Evaluation: Color represents a contributing or detracting factor in the trade
  5. Price/Performance
    A. Candlestick chart with position entry/adjustment/close – and OCO Stop/Limit, if applicable.
    B. Cumulative activity for trade duration
  6. Summary of Performance

The Risk & Return Tab outlines the trade results.

In this bracket order example:

10 shares were purchased at a lower entry price ($503.41) than the order price of $503.44.
6 days later, the Target of $528.66 was reached, and the close order was executed at $528.67

The Stop Order ($490.90) was cancelled automatically.

The original plan outlined a 2.01 Reward:Risk ratio. Due to the lower entry price and higher close price, the result was a slightly higher R/R of 2.02.

Risk & Return tab for the CAT trade: Realized P/L +2.60, % of Max Profit 100%, Return on Risk +201.4%, P/L per Day +.10, Max Profit 2.50, Max Loss -5.40, Reward:Risk 2.01:1, Capital Deployed ,034.10, Cushion (min) -.56

The Position and Plan tab offers a breakdown of the trade results.

In this example, the stock trade was executed at a better price and reached its target price to close, which was also at a better price. The Stop order was cancelled.

The result shows a slightly better than expected Reward: Risk ratio

Position & Plan tab for the CAT trade: Target 528.66 filled at 528.67, Entry 503.44 filled at 503.41, Stop 490.90 cancelled, planned Reward:Risk 2.01:1 against an exit of 2.02:1, with the exit attribution note that the target was hit

Option Journal Entry

Trade Details dialog for a closed FDX Bull Put, Summary tab, Price view: numbered callouts mark the Summary, Risk & Return and Greeks & IV tabs (1), the trade summary (2), the 0.00 result (3), the Theta, Delta and Vega driver boxes (4), the Price/Performance toggle (5) and the candlestick chart with the 360 and 350 put strikes (A)
The same FDX Bull Put Summary tab in Performance view: the cumulative mark-to-market line (B) recovering from about -160 to +120 by May 1, with the summary of performance beneath (6)
  1. Overview Tabs: Summary, Risk/Return, Greeks & IV
  2. Trade Summary: Symbol, Trade Status, Position, Account & Tags
  3. Results: Profit/Loss, % of Target, Duration of Trade
  4. Evaluation: Up to 3 Primary Drivers of the Trade
  5. Price/Performance
    A. Candlestick chart with position entry/adjustment/close
    B. Cumulative activity for trade duration
  6. Summary of Performance

The Risk & Reward Tab summarizes the trade outline and result.

In this example:
The $10 Bull Put Spread resulted in Max Profit of $120 and Max Risk of $880
Duration: 22 days; profit per day: $5.45 ($120/22)
Return on Risk: 13.6% (120/880)
Cushion: How much below the break-even point the trade reached

Risk & Return tab for the FDX Bull Put: Realized P/L +0.00, % of Credit Captured 100%, Return on Risk +13.6%, P/L per Day +.45 over 22 days, Max Profit 0, Max Loss -0, Capital at Risk 0, Cushion (min) <img decoding=.62″ class=”wp-image-1252″ width=”400″ style=”width:400px;height:auto”/>

Greeks & IV Explained

Greeks & IV tab for the FDX Bull Put: Entry, Exit and Change columns for Net Delta, Net Theta (collected), Net Vega (worked), Net Gamma, Trade IV, Stock IV, Stock HV, IV-HV (compressed) and IV Rank, with a plain-language summary that time decay was the engine at roughly +.72 a day
MetricWhat it tells youChange column shows
Net DeltaDirectional exposure — roughly what the position gains or loses per $1 move in the stockSigned number
Net Theta$/day — premium the position collects (+) or pays (−) each day it’s heldcollected / paid
Net Vega$ per IV point — what the position gains or loses per 1-point change in implied volatilityworked / hurt / faded
Net GammaHow fast Delta itself moves as the stock moves — negative for credit spreads and short premiumSigned number
Trade IVThe implied volatility of your own legs — what you actually sold or boughtSigned number
Stock IVThe underlying’s mean implied volatility, with HV (30-day historical) shown beneath itSigned number
IV − HVVolatility risk premium — how far implied sat above (or below) what the stock has actually been doingSigned number
IV RankWhere implied volatility sat in its own 1-year range, 0–100Signed number
Greeks & IV Explained