Free trading journal

Author: a | 2025-04-24

★★★★☆ (4.9 / 1365 reviews)

live search mini

Stonk Journal is a free trading journal that allows you to quickly and easily add entries to your trading journal. Is Stonk Journal Only for Stock Trading? Stonk Journal

isco wallpapers

Trading Journal - My Excel Spreadsheet Trading Journal ( Free Trading

Which can be customised to control the granularity of your trading data.Start a free trial for 7 days or enjoy their free plan with limited features until you are ready to upgrade.Price: Free plan (limited features), Pro plan ($19.99USD/mo), and Platinum plan ($29.99USD/mo)Assets supported: Stocks, stock options, futures, future options, crypto, and forexTraderSyncTraderSync is a cloud-based trading journal software available on desktop and on mobile through their trading journal app on both the Apple App Store and Google Play. Experience a range of the platform's features during a free 7-day trial, including intraday charting, trade-specific analytics, the ability to share trades, performance reporting, and more.With the help of AI feedback, TraderSync takes the hassle of having to manually update a spreadsheet every day and automates the whole process for you, delivering insights in a simple and easy-to-understand format.Price: 7-day free trial, Pro - $29.95 USD/mo, Premium - $49.95USD/mo, Elite - $79.95USD/moAssets supported: Stocks, options, futures, future options, and forexTradervueTradervue was one of the first online trading journal platforms and is still quite popular today with a lot of professional institutions. The core of the platform and its features consist of three main elements: the trade journal, trading analysis and sharing trades.It offers a free subscription with limited features and the ability to track up to 30 trades per month, which is a worthwhile demo to test before signing up for the paid service.Price: Free plan (limited features), Silver plan ($29.00USD/mo), and Gold plan ($49.00USD/mo)Assets supported: Stocks, options, futures, and forexEdgewonkEdgewonk is another powerful online trading journal tool, fully customisable with powerful analytics, gamification features, and a solid list of supported assets.Regular and professional traders can benefit from the many advanced features offered and journal trades from anywhere and any device, thanks to Edgewonk using a web-based cloud server. With a clean UI including light and dark modes, Edgewonk pricing is at a reasonable fixed annual rate.Price: Pro plan ($169.00USD/year)Assets supported: Forex, stocks, futures, CFDs, crypto, and commoditiesHow to create a trading journal?Now that you know the key benefits of keeping a trading journal and understand that to be a successful trader you need to be consistent, here are four easy steps to set up your very own trading journal.Find your preferred method of keeping a journal: pen and paper, excel, or trading journal software.Decide what information you are going to track: instrument, long or short, date of trade, the strategy used, reward to risk, successful or unsuccessful, etc.Enter your trades into the journal after you have finished placing stop losses and take profits. This is the most important step and you'll need to remain consistent and diligent when recording trades.Review your performance after the delegated amount of time you have set yourself (daily, weekly, or monthly), and analyse the trades.What should a trading journal include?In its simplest form, a successful trading journal includes such elements as:Date and time of a tradeThe instrument being tradedPosition sizeA long or short positionEntry and exit pointsResult of the trade when the position has been

podcasts on pc

Free Trading Journal Trade Planning

Learning. The markets are evolving all the time, strategies stop working and edges disappear. Therefore, traders need to educate themselves continuously. One way of doing it is by making observations about the market and taking note of those. Perhaps one of those observations will turn into an edge one day.Discipline - After some time, keeping a trading journal will not appear so tedious anymore, but a normal part of your trading day. It will help a trader to be more consistent and teach discipline.Numbers don't lie: If you keep trading statistics as part of your trading journal - even better. Along with your own observations, the stats will give you important insights. Starting a trading journal is fairly easy, but being consistent is the difficult part. Furthermore, a trading journal is very personal. There is no correct way of doing it, as every trader must know what is most important and how they want to structure it.Master emotions: Tracking trades is a smart way to analyse behaviour patterns and can shed some insight into your own personal trading psychology. It's impossible to remove your emotions entirely from your trading process. However, being able to record your thoughts and emotions at critical times like entry and exit points can help with making bad decisions.Improve risk management: Risk management at its core is assessing the level of risk you are okay with taking based on all the variables of the trade. By logging each trade in the journal, you might start to notice areas where you have the wrong mindset and by adjusting risk levels have a better chance of finding success and prolonging your capital.List of forex trading journal softwareHere we break down the best trading journal software available for all traders, comparing their features, pricing, and supporting assets.Microsoft ExcelTrademetriaTradesVizTraderSyncTradervueEdgewonkMicrosoft ExcelMicrosoft Excel is the original tool for traders looking to start their first trade journal. Using a trading journal in Excel gives you full control and a ton of functionality by building a spreadsheet from scratch or downloading a free spreadsheet template from the web.If you are Excel-savvy then setting your journal up will be easy, but for users who aren't across the financial-related functions and macros, you will have to spend some time getting it ready. Remember to double-check and triple-check the spreadsheet! You don't want any mistakes that could potentially skew your trade history.Price: Free / a standard licenseAssets supported: All financial markets and assetsTrademetriaTrademetria offers the boost you need to your trading performance in its all-in-one trading journal software. The tool offers the ability to monitor multiple metrics on multiple accounts, with impressive charting, backtesting, journal features, and connections with 140+ platforms and brokers.Price: Free plan (limited features), Basic plan ($29.95USD/mo), and Pro plan ($29.95USD/mo)Assets supported: Equities, options, futures, forex, crypto, and CFDsTradesVizTradesViz is an advanced online trade journaling tool with a range of advanced performance analysis and stock charting features. One of its best features though is the post-trade analysis and visualisation, with 70+ different base charts

Trading Journal Entries - TradeInsights.net Free Day Trading Journal

In the intricate world of trading, maintaining a detailed journal is more than a practice—it's a pathway to mastery. Edgewonk has carved out its niche as a premier trading journal software, offering traders a platform to dissect their strategies, wins, and losses.However, the diverse needs and preferences of traders might lead some to seek alternatives that align more closely with their specific requirements. This article delves into the essence of Edgewonk, outlines its strengths and limitations, and introduces other notable options. Each alternative offers unique features, promising a tailored approach to enhance your trading journaling experience.What is Edgewonk? Edgewonk stands at the forefront of trading journal solutions, designed to cater to the analytical needs of day traders, swing traders, and professionals alike. It's more than just a diary – it's a comprehensive tool that bridges the gap between raw data and actionable insights.With Edgewonk, traders gain access to a suite of features such as a customizable trading journal, a trade simulator, and an equity graph, all of which converge to offer a panoramic view of one's trading journey.At its core, Edgewonk emphasizes the power of reflection and precision. It enables traders to dissect each trade, understand their decision-making process, and refine their strategies based on solid data. The platform's robust analytical tools, including trade planning and performance metrics, pave the way for continuous improvement and strategic adjustments.Edgewonk Pros & Cons Pros● Tailored customization options to fit individual trading strategies.● In-depth analytical tools for comprehensive trade analysis.● A one-time fee structure, offering full access without recurring costs.● The trade simulator allows for risk-free strategy testing.● Supports a wide array of trading instruments and markets. Cons● Lack of a free trial to explore features before committing.● Potentially overwhelming for beginners due to its advanced features.● Limited to desktop use, lacking a dedicated mobile application.● Focuses primarily on short-term trading, which might not suit all traders.● Initial data entry can be time-consuming, requiring detailed input for optimal use.Why Seek Alternatives to Edgewonk? While Edgewonk offers a robust platform for trade analysis, traders might seek alternatives for various reasons. Some may prefer a more intuitive user interface or require features tailored to long-term investment strategies. Others might desire cloud-based accessibility or integration with a wider range of trading platforms and brokers. Alternatives to Edgewonk often come with their own set of specialized features, such as real-time analytics, broader market coverage, or community-driven insights. By exploring these platforms, traders can find a solution that not only matches their trading style but also complements their analytical preferences, ultimately enriching their trading journal experience.Learn More About Edgewonk. Stonk Journal is a free trading journal that allows you to quickly and easily add entries to your trading journal. Is Stonk Journal Only for Stock Trading? Stonk Journal Click Here to Download the Financial Tech Wiz Free Trading Journal Template. TrendSpider Free Trading Journal Template. The TrendSpider Free Trading Journal Template

How to Create an Effective Trading Journal? Free Trading Journal

Sync function removes the manual effort of capturing trade information, making it ideal for active traders. Edgewonk is a digital trading journal that integrates with a growing roster of established platforms and brokers. You can record your trades, review the results, hone in on mistakes and patterns, and hopefully make improvements. The stand-out feature for us is the milestones that incentivise aspiring traders to better their trading activities. Edgewonk is a digital trading journal that integrates with a growing roster of established platforms and brokers. You can record your trades, review the results, hone in on mistakes and patterns, and hopefully make improvements. The stand-out feature for us is the milestones that incentivise aspiring traders to better their trading activities. Swift Journal is a fully automated forex trading journal that syncs with the popular MT4 and MT5 platforms. Users get real-time insights into their trading performance via a beginner-friendly dashboard. Swift Journal is also compatible with hundreds of popular brokers and offers three subscriptions plans to suit different budgets. Swift Journal is a fully automated forex trading journal that syncs with the popular MT4 and MT5 platforms. Users get real-time insights into their trading performance via a beginner-friendly dashboard. Swift Journal is also compatible with hundreds of popular brokers and offers three subscriptions plans to suit different budgets. MethodologyTo create our list of the best day trading journals, we personally assessed the leading options in the market, taking into account every important criteria: The features and level of analyticsThe integration with online brokersThe design and usability of the softwareThe value for money by weighing cost and qualityThe level of customer support availableThe drawbacks and areas for improvementDo I Need A Free Or Paid Trading Journal?Creating a trading journal is easy (I know I’ve done it), and there are plenty of

Trading Journal Guide - TradeInsights.net Free Day Trading Journal

Free and very accessible programs that you can use to construct a database, or calendar, of your trading history.All you need is the ability to build tables to input data, to write some text describing your feelings towards a trade, and, if you want to, the ability to insert screenshots of charts that could help your analysis.If you want a free trading journal, you can make use of the following well-known programs, some of which are available as zero-cost downloads:Google DocsGoogle SheetsMicrosoft WordMicrosoft ExcelApple NumbersDownload a free copy of DayTrading.com’s trading journal template spreadsheet.Most are also now available in app form, making them easy to access when day trading on the go – great for the growing class of mobile traders.However, despite the range of free journal options, we’ve been increasingly impressed with the growing number of paid-for software that plugs straight into your trading platform and automatically creates an interactive journal, often for a reasonable subscription fee.These tools also usually have intuitive charts, AI-powered insights, real-time feedback and expert tips to help you improve.Here are a couple of my favorites based on our latest tests:TraderSync: This offers some excellent features, notably AI feedback and automatic profit/loss calculations. The program also automatically syncs with supported brokers so you don’t need to manually input trade information. Tradersync is ultimately one of the best quantitative trading journals you can buy online. With multiple uses, the software comes with sample trade setups, notions about how emotions affect trading, market research, and more.Edgewonk: This is noteworthy for its “gamification” feature. This is something I was initially hesitant about, but it sets challenges for traders based on their performance, creating an enjoyable way of putting into practice the lessons learned by analyzing their trading journal. The software also integrates with established platforms like MT4, MT5

Trading journal sample / Free trading journal tool - theforexscalpers

The trading journal is one of the most underrated tools in the world of trading. The task of keeping such a journal can seem tedious in the beginning, and most traders lack the patience and discipline to update the trading data frequently.Nevertheless, for those who keep a trading journal over the long term, it could prove extremely helpful on the journey to becoming a profitable trader.Becoming a profitable trader means breaking down what goes right or wrong with every trade, which will help improve decision-making and prevent common trading mistakes.In this guide, I will break down exactly what a trading journal is, how to create one, and list some of the best trading journals available.Table of contentsWhat is a trading journal?What are the benefits of a trading journal?List of forex trading journal softwareHow to create a trading journal?What should a trading journal include?Steps to journalling a tradeHow to review your trading journal?Reasons why people don't use a trading journalFree trading journal template downloadWhat is a trading journal?A trading journal is a way to track your trading performance by recording your trades which you can later review to improve your trading activity by learning from both your successful and not-so-successful trades.Tracking your progress allows you to study mistakes that you have made when opening or closing a position. It also helps you to stick to your trading plan and enhance your ability to make better executions in the future.It can be much more than just a log of all the trades you've executed. It can be whatever you make of it. Traders can write down their thoughts, emotions, and observations during their post-trading analysis. It is important to take note of an important observation as soon as possible, as some of it might get lost during a hectic trading day.What are the benefits of a trading journal?Keeping a trading journal is a simple task that can provide significant results if kept up to date consistently. Using a pen and paper, a simple Excel document or trading journal software to track all your data can inherently develop a successful strategy and help avoid repeating common trading mistakes in the long run.The key benefits of using a trading journal are:Finding the right trading style: If you are day trading, but your journal clearly shows that you are often stressed out and fail to manage the risk correctly, perhaps you are more of a swing trader. Trading medium/long-term is not any easier than short-term trading, but some traders are more comfortable with it, as they can spend much more time analysing the data and do not have to make quick decisions. Trialling different trading strategies can help you find the right trading style.Identifying your strengths/weaknesses: If you are consistent with your journal, certain patterns should emerge over time. You should be able to identify your key strengths and weaknesses, which will help in finding the right trading style and strategy.Source of information: There is no trader who knows everything and can afford to stop

Download Trading Journal - Forex Trading Journal on

Fact Checked By William Berg A trading journal can be an invaluable tool used by active traders to record and analyze trades. It can be a physical notebook, a free spreadsheet, or increasingly a specialized software application that you pay for.Discover DayTrading.com’s selection of the best day trading journals, evaluated by our experts. Also learn what information to record to get the most out of your journal with our example entries. Best Trading Journals In 2025 TradeMetria is a trading journal with reports that track an evolving selection of 30+ metrics. The journaling software is partnered with 140+ brokers for straightforward imports, resulting in a seamless trading experience ideal for beginners through to advanced traders. TradeMetria is a trading journal with reports that track an evolving selection of 30+ metrics. The journaling software is partnered with 140+ brokers for straightforward imports, resulting in a seamless trading experience ideal for beginners through to advanced traders. TraderVue is a powerful trading journal that now syncs with over 80 supported brokers, allowing users to document their trades and insights, and provides in-depth performance analysis. While there’s no app, the personal mentoring is a valuable addition. TraderVue is a powerful trading journal that now syncs with over 80 supported brokers, allowing users to document their trades and insights, and provides in-depth performance analysis. While there’s no app, the personal mentoring is a valuable addition. TraderSync is an online trading journal that provides incredibly in-depth performance reports, AI-powered feedback, and a useful market simulator. What we really love is how the auto sync function removes the manual effort of capturing trade information, making it ideal for active traders. TraderSync is an online trading journal that provides incredibly in-depth performance reports, AI-powered feedback, and a useful market simulator. What we really love is how the auto. Stonk Journal is a free trading journal that allows you to quickly and easily add entries to your trading journal. Is Stonk Journal Only for Stock Trading? Stonk Journal

easeus dupfiles cleaner

Trading Journal - paid BEKENET TRADING JOURNAL

You can then put together a quick summary of the trading day and the key conclusions.Keeping a journal should not be a forced activity. If it is quiet in the markets or if there are no new observations worth writing down – there is nothing wrong with skipping it.The truth can hurt...A trading journal is most efficient when a trader is honest with themselves. That does not mean that there should be too much negativity. Comments like "I had a terrible day! I'm wondering if this is worth my time and if I will ever succeed" won't make you a better trader. Instead, make observations and try to identify what exactly went wrong.Example: "I identified a good trading opportunity, but due to an overflow of information I became insecure and closed my trade way too early."What could be the solution to that? Perhaps the trader in this example is spending too much time on Twitter and the tweets from various sources made them feel insecure.Free trading journal template downloadDownload a free trading journal template hereA trading journal should be simple and tailored to your specific trading style and the goals you would like to achieve. To help get you started we have created a trading journal template that you can utilise and build upon to help track your performance.Ready to trade your edge?Join thousands of traders and trade CFDs on forex, shares, indices, and commodities!This information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. It has been prepared without taking your objectives, financial situation, or needs into account. Any references to past performance and forecasts are not reliable indicators of future results. Axi makes no representation and assumes no liability regarding the accuracy and completeness of the content in this publication. Readers should seek their own advice. FAQ What is the best trading journal? The best trading journal is really up to the trader to decide on what they need from a trade journal and the level of depth they seek. An Excel spreadsheet requires manual entry of trades but is not limited by the number of assets it can support, being a cost-efficient way of logging trades. If traders need more advanced journalling tools then the best trading journal software is what they need, with many impressive features and reporting. Are trading journals effective? Yes, trading journals are one of the most effective trading tools available to new and experienced traders. The more consistent and rich data that is added to a journal, the better the insights, and the easier to identify patterns and review trade data to improve future trade setups. How do you record a trade in your trading journal? When you have entered a trade open your journal and enter all the key metrics, like date, time, instrument, strategy, entry point, exit point, position size, and

Trading Journal: Guided trading journal, trading log book

A Forex trading journal is an indispensable tool for traders aiming to enhance their performance and achieve consistent profitability. By meticulously documenting each trade, traders can gain valuable insights into their strategies, decision-making processes, and emotional responses. This comprehensive guide delves into the significance of maintaining a Forex trading journal, its essential components, creation methods, and best practices to maximize its benefits.Table of ContentsWhat Is a Forex Trading Journal?Why Is a Forex Trading Journal Important?What Should a Trading Journal Include?How to Create a Forex Trading JournalExamples of Effective Forex Trading JournalsBest Practices for Maintaining a Forex Trading JournalTools and Software for Forex Trading JournalsCommon Mistakes to AvoidFrequently Asked QuestionsKey TakeawaysA Forex trading journal systematically records all trading activities, providing insights into performance and areas for improvement.Essential components include trade specifics, market conditions, emotional states, and performance metrics.Utilizing tools like spreadsheets or dedicated software can streamline the journaling process.Regular review and adherence to best practices enhance the effectiveness of a trading journal.What Is a Forex Trading Journal?A Forex trading journal is a structured and comprehensive log where traders meticulously document their trading activities. It includes key details such as the time and date of trades, entry and stop-loss, position sizes, chosen instruments, and the rationale for executing each trade. This detailed record serves as a personal trading ledger, helping traders maintain clarity and organization in their trading practices.More than just a log, a Forex trading journal acts as a powerful analytical tool. By consistently reviewing past trades, traders can uncover patterns in their decision-making processes and trading behaviors. This reflection enables them to pinpoint areas of strength, such as effective strategies or market conditions they excel in, as well as identify weaknesses that may need improvement, like emotional trading or inconsistent risk management.A well-maintained journal is also invaluable for fostering discipline and long-term growth. It encourages traders to evaluate their performance objectively, refine their strategies, and develop a data-driven approach to trading. Whether a trader is a beginner or an experienced professional, the habit of maintaining a Forex trading journal is a critical component of achieving consistency and success in the market.Why Is a Forex Trading Journal Important?A Forex trading journal is more than just a log of trades; it is a powerful tool that can significantly enhance a trader's journey toward consistent profitability. By maintaining a detailed record of trading activities, traders unlock the ability to reflect on their actions, evaluate their strategies, and continuously improve. This process of self-assessment helps traders build a foundation for long-term success in the highly dynamic Forex market.One of the foremost advantages of a trading journal is its role in performance analysis. It allows traders to revisit their past trades and critically evaluate the. Stonk Journal is a free trading journal that allows you to quickly and easily add entries to your trading journal. Is Stonk Journal Only for Stock Trading? Stonk Journal

Stonk Journal - Free trading journal software.

Causing hesitation. Recognizing and addressing these patterns can help you make more rational decisions in the future.By adhering to these best practices, your Forex trading journal will become a vital tool for self-assessment and growth. It will help you track progress, refine strategies, and maintain the discipline needed for consistent success in the Forex market.Tools and Software for Forex Trading JournalsWhile spreadsheets offer flexibility, several tools and software are specifically designed for Forex trading journals:Table: Comparison of Popular Forex Trading Journal ToolsToolKey FeaturesPriceTradingDiary ProAutomated data import, performance analyticsPaid (Free trial available)EdgewonkTrade tagging, psychological feedbackPaidMyFXBookCommunity-based insights, automated data syncFree/PaidMyFXBook is a widely recognized online platform designed to enhance the trading experience for Forex traders by providing advanced analytics, performance tracking, and social networking features. It allows traders to connect their trading accounts for real-time monitoring, enabling them to analyze their performance through detailed metrics such as win rates, risk-to-reward ratios, and drawdowns. MyFXBook also offers tools like automated trade verification, economic calendars, and trading signals to support decision-making. Additionally, its social networking aspect allows traders to share strategies, discuss market insights, and benchmark their results against peers, fostering a collaborative and educational trading environment. With its user-friendly interface and comprehensive features, MyFXBook is an invaluable resource for traders seeking to improve their skills and gain deeper insights into their trading performance.Common Mistakes to AvoidWhile maintaining a Forex trading journal is an invaluable practice, many traders encounter challenges that undermine its effectiveness. Recognizing and addressing these common mistakes can help ensure that your journal remains a useful tool for improving your trading performance.Incomplete Entries:One of the most frequent mistakes is neglecting to record critical details for each trade. Entries that lack key information, such as the reasoning behind the trade, emotional states, or the market conditions at the time, fail to provide a complete picture. This omission makes it harder to analyze trades effectively and learn from past experiences. Ensuring that every entry includes comprehensive details will enhance the value of your journal as a learning and diagnostic tool.Inconsistent Updates:Skipping journal entries or delaying updates is another common issue. When trades are not recorded promptly, important details can be forgotten, leading to incomplete or inaccurate records. This inconsistency diminishes the journal’s reliability and limits its usefulness for identifying patterns or evaluating strategies. To avoid this, make journaling a non-negotiable part of your trading routine, updating it immediately after each trade.Ignoring Data Analysis:Some traders view journaling as a mere task of logging trades without taking the time to analyze the collected data. While documentation is essential, the true value of a trading plan lies in reviewing and interpreting the information it contains. Neglecting this step means missing out on opportunities to identify strengths,

Comments

User4134

Which can be customised to control the granularity of your trading data.Start a free trial for 7 days or enjoy their free plan with limited features until you are ready to upgrade.Price: Free plan (limited features), Pro plan ($19.99USD/mo), and Platinum plan ($29.99USD/mo)Assets supported: Stocks, stock options, futures, future options, crypto, and forexTraderSyncTraderSync is a cloud-based trading journal software available on desktop and on mobile through their trading journal app on both the Apple App Store and Google Play. Experience a range of the platform's features during a free 7-day trial, including intraday charting, trade-specific analytics, the ability to share trades, performance reporting, and more.With the help of AI feedback, TraderSync takes the hassle of having to manually update a spreadsheet every day and automates the whole process for you, delivering insights in a simple and easy-to-understand format.Price: 7-day free trial, Pro - $29.95 USD/mo, Premium - $49.95USD/mo, Elite - $79.95USD/moAssets supported: Stocks, options, futures, future options, and forexTradervueTradervue was one of the first online trading journal platforms and is still quite popular today with a lot of professional institutions. The core of the platform and its features consist of three main elements: the trade journal, trading analysis and sharing trades.It offers a free subscription with limited features and the ability to track up to 30 trades per month, which is a worthwhile demo to test before signing up for the paid service.Price: Free plan (limited features), Silver plan ($29.00USD/mo), and Gold plan ($49.00USD/mo)Assets supported: Stocks, options, futures, and forexEdgewonkEdgewonk is another powerful online trading journal tool, fully customisable with powerful analytics, gamification features, and a solid list of supported assets.Regular and professional traders can benefit from the many advanced features offered and journal trades from anywhere and any device, thanks to Edgewonk using a web-based cloud server. With a clean UI including light and dark modes, Edgewonk pricing is at a reasonable fixed annual rate.Price: Pro plan ($169.00USD/year)Assets supported: Forex, stocks, futures, CFDs, crypto, and commoditiesHow to create a trading journal?Now that you know the key benefits of keeping a trading journal and understand that to be a successful trader you need to be consistent, here are four easy steps to set up your very own trading journal.Find your preferred method of keeping a journal: pen and paper, excel, or trading journal software.Decide what information you are going to track: instrument, long or short, date of trade, the strategy used, reward to risk, successful or unsuccessful, etc.Enter your trades into the journal after you have finished placing stop losses and take profits. This is the most important step and you'll need to remain consistent and diligent when recording trades.Review your performance after the delegated amount of time you have set yourself (daily, weekly, or monthly), and analyse the trades.What should a trading journal include?In its simplest form, a successful trading journal includes such elements as:Date and time of a tradeThe instrument being tradedPosition sizeA long or short positionEntry and exit pointsResult of the trade when the position has been

2025-04-03
User5495

Learning. The markets are evolving all the time, strategies stop working and edges disappear. Therefore, traders need to educate themselves continuously. One way of doing it is by making observations about the market and taking note of those. Perhaps one of those observations will turn into an edge one day.Discipline - After some time, keeping a trading journal will not appear so tedious anymore, but a normal part of your trading day. It will help a trader to be more consistent and teach discipline.Numbers don't lie: If you keep trading statistics as part of your trading journal - even better. Along with your own observations, the stats will give you important insights. Starting a trading journal is fairly easy, but being consistent is the difficult part. Furthermore, a trading journal is very personal. There is no correct way of doing it, as every trader must know what is most important and how they want to structure it.Master emotions: Tracking trades is a smart way to analyse behaviour patterns and can shed some insight into your own personal trading psychology. It's impossible to remove your emotions entirely from your trading process. However, being able to record your thoughts and emotions at critical times like entry and exit points can help with making bad decisions.Improve risk management: Risk management at its core is assessing the level of risk you are okay with taking based on all the variables of the trade. By logging each trade in the journal, you might start to notice areas where you have the wrong mindset and by adjusting risk levels have a better chance of finding success and prolonging your capital.List of forex trading journal softwareHere we break down the best trading journal software available for all traders, comparing their features, pricing, and supporting assets.Microsoft ExcelTrademetriaTradesVizTraderSyncTradervueEdgewonkMicrosoft ExcelMicrosoft Excel is the original tool for traders looking to start their first trade journal. Using a trading journal in Excel gives you full control and a ton of functionality by building a spreadsheet from scratch or downloading a free spreadsheet template from the web.If you are Excel-savvy then setting your journal up will be easy, but for users who aren't across the financial-related functions and macros, you will have to spend some time getting it ready. Remember to double-check and triple-check the spreadsheet! You don't want any mistakes that could potentially skew your trade history.Price: Free / a standard licenseAssets supported: All financial markets and assetsTrademetriaTrademetria offers the boost you need to your trading performance in its all-in-one trading journal software. The tool offers the ability to monitor multiple metrics on multiple accounts, with impressive charting, backtesting, journal features, and connections with 140+ platforms and brokers.Price: Free plan (limited features), Basic plan ($29.95USD/mo), and Pro plan ($29.95USD/mo)Assets supported: Equities, options, futures, forex, crypto, and CFDsTradesVizTradesViz is an advanced online trade journaling tool with a range of advanced performance analysis and stock charting features. One of its best features though is the post-trade analysis and visualisation, with 70+ different base charts

2025-04-16
User5954

Sync function removes the manual effort of capturing trade information, making it ideal for active traders. Edgewonk is a digital trading journal that integrates with a growing roster of established platforms and brokers. You can record your trades, review the results, hone in on mistakes and patterns, and hopefully make improvements. The stand-out feature for us is the milestones that incentivise aspiring traders to better their trading activities. Edgewonk is a digital trading journal that integrates with a growing roster of established platforms and brokers. You can record your trades, review the results, hone in on mistakes and patterns, and hopefully make improvements. The stand-out feature for us is the milestones that incentivise aspiring traders to better their trading activities. Swift Journal is a fully automated forex trading journal that syncs with the popular MT4 and MT5 platforms. Users get real-time insights into their trading performance via a beginner-friendly dashboard. Swift Journal is also compatible with hundreds of popular brokers and offers three subscriptions plans to suit different budgets. Swift Journal is a fully automated forex trading journal that syncs with the popular MT4 and MT5 platforms. Users get real-time insights into their trading performance via a beginner-friendly dashboard. Swift Journal is also compatible with hundreds of popular brokers and offers three subscriptions plans to suit different budgets. MethodologyTo create our list of the best day trading journals, we personally assessed the leading options in the market, taking into account every important criteria: The features and level of analyticsThe integration with online brokersThe design and usability of the softwareThe value for money by weighing cost and qualityThe level of customer support availableThe drawbacks and areas for improvementDo I Need A Free Or Paid Trading Journal?Creating a trading journal is easy (I know I’ve done it), and there are plenty of

2025-04-19
User4571

Free and very accessible programs that you can use to construct a database, or calendar, of your trading history.All you need is the ability to build tables to input data, to write some text describing your feelings towards a trade, and, if you want to, the ability to insert screenshots of charts that could help your analysis.If you want a free trading journal, you can make use of the following well-known programs, some of which are available as zero-cost downloads:Google DocsGoogle SheetsMicrosoft WordMicrosoft ExcelApple NumbersDownload a free copy of DayTrading.com’s trading journal template spreadsheet.Most are also now available in app form, making them easy to access when day trading on the go – great for the growing class of mobile traders.However, despite the range of free journal options, we’ve been increasingly impressed with the growing number of paid-for software that plugs straight into your trading platform and automatically creates an interactive journal, often for a reasonable subscription fee.These tools also usually have intuitive charts, AI-powered insights, real-time feedback and expert tips to help you improve.Here are a couple of my favorites based on our latest tests:TraderSync: This offers some excellent features, notably AI feedback and automatic profit/loss calculations. The program also automatically syncs with supported brokers so you don’t need to manually input trade information. Tradersync is ultimately one of the best quantitative trading journals you can buy online. With multiple uses, the software comes with sample trade setups, notions about how emotions affect trading, market research, and more.Edgewonk: This is noteworthy for its “gamification” feature. This is something I was initially hesitant about, but it sets challenges for traders based on their performance, creating an enjoyable way of putting into practice the lessons learned by analyzing their trading journal. The software also integrates with established platforms like MT4, MT5

2025-04-12

Add Comment