Robinhood does not provide a simple way for users to export their history of trades into a csv. This is why we created an easy way for you easily export trades from Robinhood into a csv file or right into our trading journal.
- Created an account on TraderSync.com
- Select Robinhood from the broker dropdown menu
- Enter your Robinhood username and password (Don’t worry, we will never store your credentials)
- Select the portfolio you want your trades to be exported to
- Click Import
That is it, five simple steps to export trades from Robinhood into a csv file or into TraderSync.
How are we able to export trades from RobinHood?
We tap into Robinhood APIs which allows us to obtain all your transactions such as price, symbol, date, time, and more. Once we are able to obtain this information we simply run our algorithm to export all your trades from Robinhood into our trading journal which then can be re-exported into a csv.
Do you store my username and password for Robinhood?
No, we will never store your Robinhood credentials. We simply use your credentials at the moment when you input then to export the trades from Robinhood. We do not store then, this is why every time you wish to bring your new trades over to our trading journal we will be asking you to re-enter them.
How can I export my trades from Robinhood into a CSV?
After you have properly imported your trades into TraderSync, you can then click on the “Trades” menu, you will be able to select all your trades and copy them into a csv.
How long does it normally take to import a year worth of transactions?
It might take up to 10 minutes to export one year of more worth of transactions from Robinhood.
What is the benefit of Exporting the trades from Robinhood into TraderSync?
TraderSync will provide you with analytics reports that will help you find your trading edge.
If you have any questions you can always email us at firstname.lastname@example.org
This guide aims to help you get the most out of your trading journal.
Whether you use an excel template spreadsheet, offline software or an online trading journal to record your trades you must be looking to follow these habits.
These practices were acquired from other traders that use our software and my experience as a trader for three years.
Follow these easy pointers and it might help you find your trading edge sooner.
They also apply to traders who trade Stocks, Options, Futures, Forex and Crypto Currency.
Journals should follow these rules no matter the type if financial market.
Ok, let’s dive right into it.
Use a Tool You Are Comfortable With
There are a few tools out there to journal your trades. You must choose the tool that you think it will make our trade journaling smooth.
You do not want to focus on customizing the tool, instead, you want the tool to work for you.
For example, trading journal spreadsheets are a great way to get started. However, as you start logging in your trades you will find that you will need to spend more time customizing your spreadsheet.
is that really a time well spent?
I didn’t think so either. That is exactly why I suggest to stay away from a spreadsheet.
Instead, look for an online trading software that you can access from anywhere at anytime.
There are plenty out there that you can choose from including ours.
Journal Your Trades as Soon as You Place Them
One of the main points of keeping a trading journal is to reflect on trades we just placed. The journal should be a way for us to isolate us from all the noise of the market and think back to realize whether we made a good trade.
For us traders to be able to reflect on this, we must journal our executions as soon as the order gets filled. The sooner we log them the more insightful information we can provide to the trading journal, therefore the more we can get out of it.
Don’t give me wrong, I’m lazy too and it is very difficult to find the willpower to journal as you trade in real time. First off you must look at a number of data points such as the instrument price, price actions, news, social media channel and with all those factors place a trade. Then once you are in you need to pay attention to your exit, therefore you must watch the price action with an eagle eye. Yes, it sounds like there is no time in between to journal the trade you just placed.
However, you will find the time you invest in journaling your trades right after you place an execution will give you better results than journaling your trades later.
What I have found on the test I have run on multiple traders including myself is that when I log the trade as they happen I tend to obey more my own rules. When you write down your plan is almost like you are writing a contract with yourself that states your goal and exit strategy giving you more accountability for your actions, and when you have accountability you will naturally strive to follow your own rules.
We are talking about investing only 60 seconds in between executions. All you should be looking to log is your entry price, date, time, one or two sentences describing why you took the trade, setups, your goal and most importantly your stop loss or exit strategy.
You can use many ways to journal your trades but to give you an example this is my journal looks after I enter my first log as I open a trade.
As shown in the video. This only good me 60 seconds.
Truth me, give it a try and journal your trades as you place them, and you will notice how your performance improve over a month.
You could also see how the popular traders like Timothy Sykes also journal their trades in the manner. Even the self they say this little time investment help them be accountable for their actions improving their overall performance.
Avoid Importing and Syncing Your Account With Your Journal
DO NOT make the same mistake I made. There is a huge difference in benefits between recording your trades manually and to sync or import your trades directly from your broker or trading platform. When I first started to my journey as a Trader I was using Profit.ly which provides you an easy way to import your trades directly from your broker, so you won’t have to lift a finger to carry your trades over. However, I found myself never reviewing my trades.
I mean, what was the point of doing so?
Everything was already there. In my mind, I could just revise the performance analytics they give you at the end of the week. BIG mistake. This was not helpful at all, as I was not really “journaling” my trades. I was just looking for the trades I made and some reports that is it.
That is all you will be able to achieve if you attempt to skip the step of you journaling your trades by hand one by one.
If you are a scalper that places many executions throughout the day, I’m talking at least 20+ executions a day, then you have no option but to import your trades as it will take hours to record them one by one. No need to be the guy below typing your trades nonstop.
Well, if that is your case, then you should at least import your trades every day right after the market closes and right away start going through each trade and place your insights into each trade.
Review Each Trade at the End of the Day
Journaling your trades do not end when you record your trades. It starts when you first log them in. A trade journal is meant for you to go back and review what you have recorded so you can take the overall data and reflect on it.
This self-reflection should give you insights that you can use to improve your next trading day.
You should be reviewing at the end of your trading day each one of your trade.
At the very least you should evaluate the following:
- Entry Points: The first execution you took to open your position and each of the executions you took to add to your position.
- Exit Points: The executions you placed to close or reduce your position.
- Reasoning: The reason why you enter the trade, the reason why you change the size of your positions and the reason why you closed your position.
- Intraday Chart: The intraday chart of the price actions, especially if you are a technical analysis trader like me.
- Mistakes: The mistakes you made and the reason why.
- Setups: The setup you used to enter the trade.
It is simple, all you need to do is go back and scan through each of your trades to find hidden gems in your data such as:
- Did I follow my rules?
- Why did I make mistakes?
- Was it a good entry point?
- Could I have to hold my position longer or shorter?
- Is this setup really working for me?
Record the Reasoning Behind Each Execution
If you are like me sometimes your emotions can take over your decision-making process while trading. You end up making trades that are based on emotions and not on your actual rules, and we know this normally end its losses.
Do not worry, I was there too and most of trader out there are in the same boat.
We all want to make money and we want to make it quick, therefore we skip basics yet simple steps that are critical for an optimal performance while trading the market.
There is not set in stone solution, but journaling trades and the reason why you took each one of them should be a good start to help you control the anxiety that drives those emotions to interfere with your decisions.
By writing down the justification of the trade it will help you to eventually be able to only take those trades that truly follow your rules as you will make yourself accountable. The idea is to put you in a spot that almost serves as a lie detector. Just remember, you must try to be as honest.
Make The Trade Journal Your Own
We are not all equal, some of us are ok interpreting hundreds of numbers in a Journal trading spreadsheet. If you are like me, you probably need more visuals that help you digest the insights behind the numbers.
Therefore, you must adapt your journal to the best way that makes you understand what is really going on when you trade. Make it your own by recording the data points that truly means something to you and that you can interpreter easier.
For example, in my trading journal, I track return % which represent that percentage I made out of the trade. But most people track return $ which is the amount of dollars they made with that trade.
Well, track what is meaningful to you and focus on those points.
Customize your excel spreadsheet template or your online trading journal to show you graphics of your data and the graphics that you truly care about.
As another sample, I trade between the price range of $1 and $7 and I want to know with a graphic, if I do particularly bad towards the high end of the price range. A graphic will help me understand this in a matter of seconds while trying to interpret number in an excel sheet will most likely take me a lot longer to understand this.
Mine Your Trading Journal
As I mentioned briefly before, to make a trading journal valuable to our self we cannot just input our trades and leave it as is.
We must go back and see the overall performance to mine the data and to learn from that. When mining our data, we should be looking for answer sub but not limited to:
- Which day of the week is the most profitable?
- Is there a day where I consistently produce losses?
- What are the slow months for me?
- What is the best price range for me?
- Where does 80% of my profit come from?
- What should I focus on to maximize profits?
- Based on my trade history is now a good time to trade?
- Is there a specific setup that outperforms the rest?
- What mistakes can I avoid to maximize my profits?
- Where are most of my losses coming from?
- Do I keep my performance as trade bigger volumes?
- Which mistakes are costing me the most and is there something specific that is making me make those mistakes?
- Which price range do I tend to generate more profits from?
- Which trades have been the most profitable? If there a relationship between them that potentially I can use to focus on such setup?
Anywho there are plenty of questions we should be looking to answer with our trading journal.
This is why I like to either have my journal in an excel spreadsheet or even better an online trading journal that can answer these questions quickly without any work such as TraderSync.
You answer all these questions on your own with a spreadsheet, it just comes down to how much time are you willing to spend tweaking an excel spreadsheet to provide you this information or to use a software like ours that can answer these questions with a few clicks.
You won’t believe how helpful mining your data could be. When I first started trading with Timothy Sykes I was just journaling my trades on a notebook, but it was impossible to get information out of it. I then moved to start recording my trades in an excel spreadsheet and tweak it so it can have graph and easy ways for me to find these answers. However, I found myself investing a lot of time tweaking the spreadsheet. It was just driving my attention away from trading. Then I decided to create TraderSync so moving forward I can focus on trading and let TraderSync to the heavy lifting.
Once it was built I was amazed by the valuable information I was getting out of it. For example, I did not know before cool stats that can help me shape my performance such as
“trading at noon was accounting for 40% of my losses” – I took that information to simply stop trading at noon making me 40% closer to be a profitable trader.
We traders are busy and have plenty to worry about while trading. Therefore, I recommend whichever solution you go for to mine your data, ensure that you are not investing more efforts in the software rather than trading.
Be Honest With Yourself
It sounds easy, yes, of course, we can we honest with ourselves and make notes in our journal of what truly happened when we took the trade.
Well, from my experience it is not that easy. I found myself covering the truth of my wrongdoing when making notes.
It is crazy but what helped me to avoid the lies was saying aloud what truly happened.
Why did I enter the trade? and the reasons behind each of my decision.
By saying it aloud is almost like I did not have a chance to think how to cover any bad decisions. Then I will type that in the notes.
That was just my experience and a potential solution that you can use, but we are not, all the same, it is just a matter for you to find a way, to be honest with yourself and your journal.
At the end, it is for your own good.
Share Your Trades
If you are like me, you probably have impulsive decisions where you enter a trade that did you fit into your strategy but perhaps you were afraid of missing out, so you jump on a trade quickly.
Well, I was doing this very often, I’m talking at least three times a week.
So, I decided to share my trades and thoughts prior and after I take a trade with Twitter. This way, I could use the crowds to make me hold myself accountable for those decisions I took without a real strategy behind it.
I would either take a screenshot of my notes or use a software to easily share them quickly.
I ensure to share the following when potentially acting on a trade:
- Preying on a potential trade
- Taking a position
- Changing my position size
- Closing my position
After doing this for just about a week, immediately I started seeing an improvement in my performance as I was avoiding those trades that did not fall into any of my strategies. This, as I did not want to share with Twitter a losing trade, so I was carefully picking those that I felt more comfortable with.
Jing is my favorite free software to take a screenshot of my trades. Even better it would be if you could get to share your trades directly from your journaling so you don’t have to take any screenshots.
These are common sense practice if you think about it.
However, most people disregard these techniques and therefore end up with a trading journal that it is of no value to them.
Following these simple tips can drastically help you to improve your performance and being a step closer to be a profitable trader. Take it from myself, I went from losing money in the stock market to start driving consistent profits after a few months of following these rules closely.
Let me know if you have another tip that should be added to this trading journal guide in the comments below.
Paper trading is always a great way to start your career as a trader. It will get your feet wet enough to understand the dynamics of trading.
To better optimize your paper trading, you will need to keep track of your performance by continuing to add your executions to a paper trade journal. This journal could be a simple notebook to get you started, or you could go beyond and create a simple excel sheet. It is your call, whatever you feel the most comfortable with. We recommend using our paper trade journal (of course) because it takes your mind away from “How to keep a paper trade journal”, instead you let our software do the heavy lifting and you just can focus on journaling your paper trades.
What to record in a paper trade journal?
It all depends on whether you are trading Stocks, Options, Futures or Forex. Each market will require slightly different data for you ot journal. being that said, here is the common information among those market that at the very least you should be recording.
- Entry Price and DateTime
- Exit Price and DateTime
- Position Size
- Reason why you took the trade
These four points of information will go a long way to help you shape in the proper direction when starting your trading career and it will also help you build a habit of journaling your paper trades. This habit will be worth gold once you step over to trade with a real account and money of your own pocket.
What does a paper trade journal sample look like?
In the sample below you can see this person is trading stocks but the same principle applies to options, futures, and forex. As you can see you should record the four basic points we talked above in a very simple and plain English. There is no magic here, the idea behind writing what happened is for you to take into account into future trades potential mistakes or opportunities.
How does your application TraderSync look like to record my paper trade journal?
TraderSync provides you a lot more information such as your profit and losses. All you need to do is to provide us the basic data such as entry and exit points and we will calculate the rest for you. The idea of using our application tas paper trade journal is for you to gain all the benefits from understanding your performance.
Profitly (profit.ly) is a great tool to make yourself responsible for your own actions, in terms that your trades will be automatically verified. They have some very basic analytics tools that will provide you with some insights into your trading. Their focus is to build a community of transparent traders that share their trading ideas. I support their vision as I think we need more transparency in the industry.
However, Profitly is not a trading journal. Plenty of people confuse the fact that profitly import your trades and believe this counts as journaling trades. This is an important concept to understand. If you were like me, you were thinking you do not have to journal your trades in a notebook or in excel as profitly was tracking your trades for you. However, the fact that it does track your trades and automatically logs them in, does not mean it is helping you understand what is really going on with your trading edge. If you do not take trade journaling into your own hands you are not thinking back to why is it that you took the trade.
This is why you need a stock trading journal application such as TraderSync. This in conjunction with profitly will provide you with the support that you need while trading the market. I used this to help build responsibility of my actions as all my trades were public, while I use TraderSync to journal my trades and my thoughts around each one to help me understand why I take a good or a bad trade, to help me find my edge and know what to focus on.
I started as a Timothy Sykes student. Rapidly after a few months of reviewing all his content under the millionaire challenge, I found myself with a handful of different strategies to potentially apply to trade the market yet not real guidance in which direction to go.
At first, I was making profits following three strategies. However, as anxiety to speed up the process and start making more money I started diversifying my strategies to be able to place more trades thinking that, if I can apply more strategies/setups I can trade more, therefore, I can gain more profits. Well, it didn’t take more than a few weeks for me to completely lose control and not being sure what was I doing.
As the week went by, I started to trade fewer setups, still, I even though I was trading at least one or two trades a day, I did not know what I was doing right or wrong. I know I was onto something but I was just not sure what to do with all the information I had. This is when I decided to stop trading and look for a system that can help me understand what is my edge based on my trading pattern. The system was simple, I just needed a trading journal to start journaling my trades and then try to understand what action to take the very next day based on the feedback of my trading journal.
Looking online I tried every single trading journal available and I didn’t find any of them to provide me quick feedback about my trading edge and to be easy to manage on a day to day. This is why I decided to create my own trading journal TraderSync. A platform that will allow me to apply the setups/strategies and all the knowledge I learned with Timothy Sykes and other courses into my trading journal so I can concentrate into trading while the platform will quickly provide me with feedback and help me shape my trading into the right direction.
It only took about a solid month of trading and journaling into TraderSync to start seeing drastic results. Information is power, and those that can count on it, can make a great positive change. TraderSync allows you to keep control of your Timothy Sykes strategies while helping you understand what exactly is happening behind your trades.
In comparison with offline trading journals like the ones being kept on an excel sheet, the online trading journal makes more sense in this century. Just ask yourslef, why keep an offline trading journal where your data can be lost if your computer gets hack or just break. Don’t you want to access your trading journal on the go, whether you are at home, work, in a library or in the car? – Being able to pull your phone to quickly check your online trading journal and get quick insight about your trading patterns is an invaluable asset you can add to your trading arsenal.
There is a few decent online trading journal on the market. However, not all of them will allow you to get as much insight as you will need as you develop your trading expertise. Our online trading journal TraderSync, can ensure you will always get helpful insight and almost non-ending possible correlation in your data that can help you identify your trading edge.
Our platform does not limit you to journal your trades from a single computer, device or place. You can be anywhere as long as you have a device to access the web you should be able to enter into your online trading journal and to keep track of your performance.
We all want to make money out of the market and we want to make it not in a year, not in a month but today. Because of our rush and lack of understanding the odds we find ourself investing in the market without a real plan behind our ideas. We know we need a plan but we tend to think we can make money first and make the plan after. Well, it is not secret, this technique does not work for most of us.
Without a trading plan, we just fall into the 96% of the traders that lose money in the market. Let’s be real, we can not control the outcome of the market, the only thing we can control is how much we are willing to lose in a trade. This is why our plan should be focus on what we can control.
The potential solution to get into the small 4% that actually make money is to have a better understanding of our trading edge. This can only be gained from a trade journal. The tool that will run through your past performance and give you insight into what is it that you are doing wrong.
Yes, we all know we should be keeping a trade journal, every course you take online, every book related to trading the market will tell you that. The problem is how you come up with the willpower to actually developed a consistent habit of journaling your trades.
Start Simple: A trade journal can get very complex in terms of the different data points you could be collecting to get you more insight. We recommend you start by tracking only the essentials such but not limited to entry date-time, entry price, exit date-time, exit-price, position size and the reasoning why you took the trade. Just by starting with this six simple datapoints could give you enough insight for you to start gaining benefits out of your work.
Make a Rule: Do not just try to journal at different points of the day, instead start by journaling right after you took the trade. Immediately you should write down, why you took the trade and the details. Making yourself to write down this information after each execution will help you create a consistent habit.
Understand it is a long-term investment: To gather helpful feedback from your trading journal you must log in at least 100 trades if you are a day trader. You can not expect to gain benefits right out of the start. The benefits come with the long-term investment into placing your data in one place so you or a system can then help you determine your trading edge.
Any serious options trader must have an options trading journal to track their trades. Trading journals allow you to gather data about your trades which could then be mined to provide you with great insight that you will not be able to have otherwise.
At very minimum, you should be tracking the following data points:
- Entry Price: The price of the contract/share you paid to enter the trade.
- Exit Price: The price of the contract/share you paid to exit the trade.
- Entry Date: The date you open your position for the trade.
- Entry Time: The date you closed your position for the trade.
- Call / Put: Wether is a call or put.
- Position Size: The quantity of contract you bought or sold to enter the position.
- Strike: The strike price of the contract.
- Expiry Date: The date the contract expires.
Tracking this eight data points will get you enough insight into your trades for you to start understanding your performance. Still, we recommend you go beyond this eight data points and track the following:
- Reason why you entered the trade
- Reason why you exit the trade
- Reason why you added to your position
Tracking these points together with the basic data points will give you enough data for you to start charting your performance and run correlation among your data to find out what you are doing right and wrong. These are very simple points to track. However, they go along way when trying to identify your options trading edge.
Let us help you get started with this free option trading journal excel file.
Most traders understand that trading can be influenced by their emotions. To stay calm and directed throughout the trading day, professionals use well-recognized techniques to keep calm and make decisions based on reason, not their gut.
Here are 10 tips from the pros to manage your emotions while trading:
- Don’t act on anger. When you’re angry, hold out, wait until reason takes hold. There is no worse trade than a “revenge” trade, in which a trader follows up a loss by jumping right back in to recoup. Consult your trading journal to get back on track.
- Don’t marry your positions. It’s easy for a trader to get stubborn, and to hold on to a trade just because he ‘hopes’ it will turn around. Close down a bad trade as soon as possible, take your loss and move on. Your trading journal will suggest the next move.
- Follow each trade with a break. Trading goes on at a rapid pace, so don’t get caught up in the action. Take a moment to think about something else, and then come back and deliberate. Now look at your trading journal to get the next idea.
- Set a fixed point at which you stop. After three, four, five or whatever number you choose, stop for a good long break. It’s when one trade follows another that most mistakes happen. Consult your trading journal and review your strategy.
- Don’t keep track of profit and loss. Doing the math on your earnings will only get your emotions working. Concentrate on your trading strategy, and review your trading journal to develop it. Then, at the end of the trading day, you can check out how well or poorly you did.
- Keep your mind on the plan. Don’t let the results of a few trades change your overall strategy and approach. Stick to what you have learned and what you have planned – use your trading journal to develop your next moves.
- Don’t confuse prudence with fear. You want to trade prudently, using logic and reason. This may make you hold off on a trade. But make sure that prudence, and not fear, is behind your decision. Fear can wreck your trading by keeping you from making a trade. Use your trading journal to see if the trade makes sense, follows previous wins, or if the trade just doesn’t make sense.
- Watch out for greed. Greed can make you stay in a trade when you had planned to exit, hoping to milk it for a little more profit. Such trades risk turning out badly, just when you thought you were winning. Use your trading journal to judge the best exit points based on past behavior.
- Manage your stops carefully. A cautious approach to stops and limits will keep you from making rash decisions. It hurts to get a trade stopped out, but over time you will save money on losses. Your trading journal can give you useful comparisons on levels for stops.
- Don’t give up. There comes a point in every trader’s life when it just doesn’t seem worth it anymore. Don’t let yourself be intimidated. Trading is tough, but you can win.
In each case we discuss here, the trading journal is our best friend. No trader should be without one. Especially when that bad feeling takes over, the trading journal will remind you of all the things you’ve done well.