Trading Journal and Position Sizing Workbook
R multiples, expectancy, drawdown, verified
Trading journal with risk-rule position sizing, R multiples, expectancy, profit factor, equity curve and drawdown, every statistic verified. Not advice.
One price, no licence to choose. Payment and VAT are handled by Gumroad, the merchant of record.
A trading journal that does the arithmetic properly. One row per closed trade: entry, stop, exit, size, fees. The workbook computes the position size the risk rule would have given from the balance before the trade (balance times your risk share, divided by the distance to the stop, rounded to your lot), the risk you actually took, net P&L, the R multiple and the running balance, so you can compare the size you took with the size the rule gave, trade by trade.
Stats: closed trades, wins, losses, win rate, net P&L, gross profit and gross loss, profit factor, expectancy in R with its win-rate decomposition beside it, average winning and losing R, largest win and loss, ending balance, return, maximum drawdown from the equity curve's running peak, and the Kelly fraction with the Guide's warning about why you should not bet it. Equity: balance after every trade, running peak, drawdown. Room for 200 trades; twelve illustrative trades to replace.
- Every statistic recalculated with a formula engine and matched to an independent Python replica before listing: 18 statistics and 12 trade rows, to the cent.
- Live formulas, no macros, no locked cells; opens in Excel and Google Sheets.
- Arithmetic on trades you enter: no signals, no forecasts, no recommendation to buy or sell anything. Trading involves risk of loss. Not investment advice.
Checked, not asserted. This workbook was recalculated cell by cell through a formula engine and matched against an independent replica written separately: 31 checks, all passing, last run 2026-10-17. Each check compares the figure the workbook produces against one worked out separately by hand before the run, so a figure lost in packaging fails the check rather than reaching you. Read the verification report for the UAE Corporate Tax workbook, or how Bindler verifies.
What was checked: all 31, by name
Each line is one figure recalculated and matched against a value worked out by hand before the run. The figures themselves are in the workbook.
- B4 Closed trades
- B5 Wins
- B6 Losses
- B7 Win rate
- B8 Net P&L
- B9 Gross profit
- B10 Gross loss (absolute)
- B11 Profit factor
- B12 Average R, all trades (expectancy)
- B13 Average R of winners
- B14 Average R of losers
- B15 Expectancy check: win rate x avg win R + los
- B16 Largest win, R
- B17 Largest loss, R
- B18 Ending balance
- B19 Return on starting balance
- B20 Maximum drawdown, share of peak
- B21 Kelly fraction (see the Guide before using i
- trade 1: suggested size vs , R vs , balance vs
- trade 2: suggested size vs , R vs , balance vs
- trade 3: suggested size 41 vs 41, R vs , balance vs
- trade 4: suggested size vs , R vs , balance vs
- trade 5: suggested size vs , R vs , balance vs
- trade 6: suggested size 67 vs 67, R vs , balance vs
- trade 7: suggested size 51 vs 51, R vs , balance vs
- trade 8: suggested size vs , R vs , balance vs
- trade 9: suggested size vs , R vs , balance vs
- trade 10: suggested size vs , R vs , balance vs
- trade 11: suggested size 43 vs 43, R vs , balance vs
- trade 12: suggested size vs , R vs , balance vs
- expectancy equals win-rate decomposition
What is inside
1 Excel workbook (.xlsx), sheets: Inputs, Trades (200 rows), Stats, Equity, Guide.
Use it if
You trade your own account or a small book and want a journal whose statistics you can trust and audit cell by cell.
Not for
You want signals, forecasts, backtests or a recommendation of what to trade; this workbook measures what you did.
Who you are buying from
Bindler is the trading name of Neil Sangwaiya, one person in Dubai. There is no company behind that name, no sales team and no reviews, and this page is not going to pretend otherwise. What there is instead is a record. Gumroad takes the payment and is the merchant of record, so your card details never reach Bindler. Where a figure could not be verified the cell is left blank rather than filled. When something was found wrong it was written down and dated in the change log with the old figure named. And there is a 30-day money back guarantee, no reason needed, handled by Gumroad.
What you actually download
One spreadsheet file. No macros and no VBA, because the .xlsx format cannot carry them. No locked cells and no hidden sheets. If your IT will not let you open a spreadsheet from outside, upload it to Google Sheets and it opens there. And yes, an AI built it: that is exactly why every figure is recalculated against a replica worked out by hand first, rather than trusted.
Sheet previews
How buying works
- Choose a licenceSingle user for one person, team for up to 10, consultancy to use with clients. The buttons above go to the Gumroad page.
- Pay on GumroadCard or PayPal; Gumroad is the merchant of record and handles VAT and the receipt.
- Download the fileThe .xlsx arrives on the receipt page and by email. It opens in Excel and Google Sheets; nothing to install.
- Use itYellow cells are inputs, blue cells are formulas, every figure names its source. Questions: reply to the receipt; every reply is read and answered, usually the same day.
Advisers and accountants who recommend these workbooks to clients can earn 30% of each sale as a Gumroad affiliate: sign up on the store, no approval wait.
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