The Final Tape
Missed Trade Log Template
Framework for logging setups you did not take — reduce FOMO and surface hesitation patterns
What counts as a missed trade
- Valid named setup you identified but did not execute
- Had a plan with entry, stop, and target defined
- Not random chart patterns or rule-breaking setups you avoided correctly
5-field logging framework
| Field | Capture |
|---|---|
| Setup | Named setup object from your taxonomy |
| Why missed | MISSED_REASONS tag — hesitation, alert, conviction, distraction |
| Planned R | Would-have R from planned entry, stop, and take profit |
| Emotional state | Notes: FOMO, tilt, post-loss caution, distraction |
| Frontrun % | Planned entry vs actual price at re-check (when available) |
Step 1 — Basic info
- Setup, symbol, status Missed, direction, compliance checklist
Step 2 — Planned strategy
- Entry time, planned prices, risk %, optional chart URL
Step 3 — Missed analysis
- MISSED_REASONS tag, notes, frontrun / favorable %
Step 4 — Review & submit
- Would-have R, opportunity cost summary, Submit
Example log rows
| Setup | Why missed | Planned R | State | Frontrun |
|---|---|---|---|---|
| ORB Long ES | Hesitation after 3 losses | +1.2R would-have | Post-loss tilt | 0.3% frontrun |
| Pullback BTC | Missed alert | +0.8R would-have | Distraction | N/A |
| Breakout NQ | Valid caution | 0R (avoided loss) | Discipline | 0.9% frontrun |
Weekly missed-trade review (15 min)
- Filter journal to Missed status for the week
- Count by MISSED_REASONS tag — top tag = leak candidate
- Split high-compliance (psychology) vs low-compliance (setup quality) misses
- Sum would-have R for opportunity cost — rank in R, not dollars
- Write one Kill List item from top miss pattern
Kill List workflow: How to Build a Kill List
Minimum journal schema: Why Your Trading Journal Is Lying to You
Full lesson: Lesson 6 — Logging Missed Trades
Log misses in the app: Try The Final Tape free