Confused about how to properly journal risk-adjusted returns without overcomplicating things

For risk-adjusted returns, I focus on maximum adverse excursion (MAE) and maximum favorable excursion (MFE) for each trade, alongside the initial stop loss. This helps contextualize the outcome relative to the potential range of movement and my initial risk assessment.

For risk-adjusted returns, I focus on maximum adverse excursion and the initial stop loss. You can calculate a simple R-multiple for each trade with that data and then track the distribution of your R-multiples over time.

Most just use a basic R-multiple per trade. If you're getting bogged down in complex risk-adjusted metrics for every single entry, you're probably spending more time journaling than trading.

This is a great question. I've been wondering the same thing! Do you use any specific software for your journaling, or are you doing it manually? I'm curious if there are tools that make this easier.

For risk-adjusted returns, I've found it helpful to track not just profit/loss, but also the initial capital at risk per trade and the maximum adverse excursion. This gives a clearer picture of whether a win was due to good risk management or just luck.