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hello and welcome to trading five talents in todays video were talking about using a trade log for your options trading but before we begin i just want to say im not a financial advisor and this is not financial advice this content is for educational and entertainment purposes only any trades that i mention are not trade recommendations but either in an example trade or a pass trade that ive made so please dont enter into any trades that you may see here now lets get into the video so what is a trade log well many successful traders often point to a trade log as a necessary tool in their trading lifestyle whether youre a stock trader a forex trader an options trader or whatever else that you trade its a necessary tool so what it basically is whether its referred to as a trade log or a trading log or a trading journal its just a piece of software or some other record that highlights and details all of the information for a trade or a position that you are in or have exited so