Tags and Labels

A tag is structured journal context attached to a trade. It lets you return to a meaningful group later instead of relying on note search or memory.

Good tags answer a stable question: What setup was this?, What execution mistake occurred?, or What reusable context should I compare? They should not replace the factual instrument, direction, time, result or account fields already stored on the trade.

• Strategy tags describe the repeatable setup or method, such as London breakout or VWAP pullback.
• Mistake tags describe a process error, such as FOMO, moved stop or oversized risk.
• Custom tags add a user-defined classification when the available strategy and mistake groups do not fit. TraderWaves includes a system Custom group; this is different from creating an entirely new group.

Keep setup and mistake tags separate. A valid setup can be executed poorly, and a losing trade can still follow the setup correctly.

The system Strategy, Mistakes and Custom groups—and tags created inside those system groups—are available as part of the core Journal experience. Creating an additional user-defined tag group and using tags inside that new group requires TraderWaves Pro.

The Pro boundary is custom group organisation, not all tagging. System assessment types, rating and Mindset are also separate structured-review tools; they should not be described as ordinary tags.

1. Open the trade from Trade History or Trade Detail.
2. Open the relevant tag field or add control.
3. Select an existing tag from the appropriate group.
4. If your plan includes custom groups and no suitable tag exists, create a clearly named custom tag in the correct group.
5. Save or close the editor, then confirm the tag appears on the trade.

Journal tables can also expose tag-related columns for faster assignment. The exact layout differs between desktop grids and mobile Trade Detail.

Removing a tag detaches it from the current trade. Deleting a custom tag changes the reusable vocabulary itself and can affect how previously tagged history is organised.

Remove an accidental assignment freely. Delete or rename a reusable tag only when you have decided how old trades should be interpreted, because changing labels mid-sample can make comparisons inconsistent.

• Use one primary strategy tag per trade when possible.
• Keep names short, specific and stable over the review period.
• Do not create synonyms such as FOMO, fear of missing out and late chase unless they represent different rules.
• Tag winners, losers and breakevens consistently.
• Record market observations in notes when they are too specific to be a durable category.
• Review and consolidate the vocabulary periodically without rewriting history casually.

Open the shared Filter modal, select Journal filters, and choose strategy, mistake or custom tags. Apply one tag at a time when validating a setup, then compare the same account and date range.

Reports Activity can identify the best-performing strategy-tag segment in the selected sample. That label is an investigation prompt, not proof that the tag caused performance. Confirm trade count, expectancy, payoff, profit factor and outcome concentration using the Trade outcomes guide.

Use a tag for a repeated category, a note for the detailed story, a rating or emotion for quick review context, and an assessment for a scored process dimension.

Combining these fields produces better evidence than creating a tag for every unique observation. See Trade Detail Review for the complete workflow.