MT5 Demo Trading Journal Template

A demo-first MT5 trading journal for logging setup, timeframe, reason for entry, risk, screenshots, result, mistake type, and rule compliance.

Audience

MT5 demo learners

Format

Trading journal

Time

5-10 minutes per trade

Demo trading only teaches you if you record what happened. This journal is not for predicting the market. It is for checking whether you followed your rules, understood the setup, managed risk, and learned from the trade without real-money pressure.

Use this when

You are practising MT5 chart work, risk control, strategy testing, or execution on demo.
You want to separate strategy mistakes from discipline mistakes.
You need evidence before deciding whether a system deserves more testing.

How to use it

Take a chart screenshot before entry and after exit.
Record the setup, timeframe, session, risk, and invalidation level.
Write whether the trade followed your plan before recording profit or loss.
Review groups of trades, not one emotional win or loss.
Stay on demo until the journal shows repeated rule-following.

Copy-ready template

Copy this MT5 demo journal

Trade plan

Date and session:
Symbol:
Timeframe:
Setup name:
Entry reason:
Invalidation level:

Risk and execution

Demo account balance:
Risk planned:
Lot size:
Stop loss:
Take profit or exit rule:
Screenshot link:

Review

Result:
Did I follow the rule? yes / no
Mistake type:
What I will change next time:

Trade plan
- Date and session:
- Symbol:
- Timeframe:
- Setup name:
- Entry reason:
- Invalidation level:

Risk and execution
- Demo account balance:
- Risk planned:
- Lot size:
- Stop loss:
- Take profit or exit rule:
- Screenshot link:

Review
- Result:
- Did I follow the rule? yes / no
- Mistake type:
- What I will change next time:

Mistakes this template helps prevent

Only journaling losing trades.
Changing strategy rules after every trade.
Moving to live money because of a short winning streak on demo.

Important note

This is a planning and record-keeping template, not legal, financial, tax, employment, or trading advice. Use it to organise your thinking and keep better notes. For regulated, tax, or high-risk decisions, verify details with the relevant official source or a qualified professional.