Exit journal

trade exit journal template

A trade exit journal template for paper trades that captures exit reason, rule fit, simulated fill assumption, behavior tag, and next review action.

Paper-first boundary

Trading Boy does not execute live trades, hold funds, or provide financial advice. This page is for simulated paper-trading review, prompt design, journal structure, and human review. It is not a signal feed, broker instruction, or promise of live trading results.

When to use this page

Use it when a simulated position closes, times out, hits invalidation, or requires a review-only exit.

The search intent behind trade exit journal template for paper trades is usually practical: the user wants a reusable asset, an example, and a checklist. This page treats those variants as one owner page rather than splitting guide, example, checklist, and template into thin sibling pages.

Use the asset only after the paper-trading workflow, prompt version, permission boundary, and journal output format are clear. If the user cannot identify the setup, invalidation, risk field, or review question, the next action should be a skip, caveat, or human review rather than a confident simulated entry.

Exit journal row

Review fieldPass conditionPaper-mode boundary
Exit reasonStop, target, time, rule failure, manual review, or excluded.The exit type is explicit.
Rule fitCompares the exit with the original thesis and plan.A good outcome can still have poor rule fit.
Fill caveatMarks simulated fill, slippage assumption, and data source.Paper exits do not prove live execution.
Behavior tagCaptures early exit, late exit, revenge, hesitation, or clean process.Behavior gets reviewed without blame.
Next actionChoose keep, tighten, pause, or collect more samples.The exit does not trigger uncontrolled rule changes.

Reusable prompt or worksheet text

Role: You are helping organize a simulated paper-trading review. You may summarize context, apply written rules, identify missing fields, and prepare journal evidence. You may not route live trades, request secrets, or provide financial advice.

Required output: Decision type, setup name, rule version, thesis, invalidation, paper risk, data caveat, behavior tag, and one human review question.

Skip rule: If setup, invalidation, paper risk, or data quality is missing, produce a skip or excluded row. Do not invent the missing field to make the record look complete.

Review handoff: Send the output to the paper journal, evaluation checklist, or human review checklist. Choose one next paper-mode action: collect more samples, tighten one field, pause, or revert a prompt change.

Example paper workflow

Scenario: A paper trade exits green, but the exit journal shows the target was moved after entry without a rule. The reviewer marks the sample as a process failure despite the outcome.

Good output: The exit row separates rule fit, simulated outcome, and behavior.

Weak output: The exit row only records paper PnL and ignores whether the plan was followed.

Decision: The reviewer keeps the evidence in paper mode, checks the output with the AI paper trading agent evaluation checklist, and records any prompt change in AI trading agent prompt versioning.

Use it with these controls

  • Prompt version: every sample should name the version that produced the output.
  • Output format: the agent should use consistent fields for entries, exits, skips, and missed setups.
  • Risk gate: size, exposure, drawdown, stop distance, and pause rules should be checked before judging the idea.
  • Human review: a person should approve prompt, risk, or workflow changes before the next sample.
  • Data privacy: private exchange credentials, account identifiers, and secret values should stay out of prompts and screenshots.

How it supports ranking

This owner page consolidates the guide, example, template, checklist, and for-paper-trading variants into one durable page. That gives searchers a complete answer without flooding the sitemap with near duplicates.

It also links into the surrounding Trading Boy system: paper-trading hub, AI paper agent, prompt template, output format, risk controls, permission boundaries, and paper-trading limitations.

Related AI paper-agent pages

Use these links to move between setup, output, risk, journal, and review pages without leaving the paper-first cluster.

Trade Exit Journal Template FAQ

What should a trade exit journal template include?

It should include exit reason, rule fit, simulated fill caveat, behavior tag, paper result, and next review action.

Should green exits be reviewed?

Yes. Profitable paper exits can still reveal broken process or hindsight changes.

Does an exit journal prove live slippage?

No. It records simulated assumptions and should not be treated as live execution proof.