Build a decision record

Build a decision record

Before following an idea, record the market, reason for entry, planned loss, exit condition, and source. After the trade, compare the outcome with that plan. A feed can generate ideas. A decision record helps you find out whether those ideas improved your own process.

Apply the check

Use this question when comparing an option: fees and profit share. Record the account, market, amount, and date you checked. A result for another account or time window may not apply to you.

Continue the comparison

Use the selection tool to record your assumptions. Then check the original product source. An estimate helps compare scenarios; it cannot establish eligibility, execution quality, or future profit.

Continue the comparison

• Category guide
• Selection tool
• Legend product profile
• Sources and evidence

Explore Legend

Read the current product, fee, and account terms before you commit funds.