Stock trade journal software

Step 1 Journal Your Trades. Step 2 Identify Your Patterns. Step 3 Boost Your Performance. Trading Journal Start recording your trades with TraderSync and let our powerful journaling show you the path to minimize your mistakes. Journal Trades The simplest yet most powerful stock trading journal to date. Build a vault of valuable information that can be analyzed at any time from anywhere. Stop Losing Profits Refine your performance by learning which setups are not working for you and focus on the ones that are.

Save Time Import your stock trade history from your trading platform, simple and easy. Customize Your Experience Custom tailor your stock journal to fit your unique trading style with highly customizable modules. Find Your Trading Edge Forget trying to interpret hundreds of spreadsheets of stock trading data.

Refine your stock trading from feedback generated reports designed to provide quick and useful information. Understand Your Numbers We give you feedback in plain English. Let our trading journal software interpret your data. Get Powerful Feedback Have a clear picture of your trading patterns with customizable reports that helps you understand your unique trading edge. Smart Trades Feedback Evaluate your current and future setup performances.

Journals can be beneficial to both beginners and professionals. It helps beginners build habits and achieve higher success. For professionals, it will fine-tune their strategies and make it easier to deep-dive in detail and analyze. The hardest thing with trading journals is deciding to start and building the habit of maintaining consistency. Afterward, everything comes in place. If you struggle to begin your trade journal, picture your end goal, probably becoming a better trader.

It is proven that having a measurable goal boosts motivation and helps you remain focused. You can start keeping records of your trade history in several ways. A text document, an Excel worksheet, a free or a paid third-party service — you have a wide range of options. Automated trade history import: This is a convenient feature that will save plenty of time and effort.

The most popular third-party solutions have direct integration with brokers and trading platforms. That way, your trade history can be uploaded with just a few clicks.

Report and analysis tools : These features are the most important ones. The automated analysis of your data will help you derive conclusions and extract essential bits of information about your style, mistakes, market moves, and more.

That way, you will be more prepared the next time you trade and significantly optimize your overall performance. Advanced features: Looking at graphs and previous trades is one thing. Having access to advanced features for backtesting, trade management evaluation, classifiers, trade optimization, and more can bring your game to another level.

Last but not least, a trade journal should not come at an exorbitant price. In the end, it is just a tool that is intended to help you become better, not lay fundamentals. Tradersync is the best trading journal for traders focusing on stocks, forex, options and futures markets, and it comes with a mobile app for iOS and Android. Edgewonk also supports CFDs and cryptocurrencies and comes with a free course and enhanced features.

Tradervue is popular amongst day traders like Ross Cameron. Trade journals are effective and are as good as the trading data imported. The more trades you import for analysis, the better the result. Trade journals are a great trading tool for all types of trading strategies traders and a great addition to a trade simulator. A trading journal includes the classification of a buy or sell order, trade size, executed price, trading strategies, commissions and notes.

Auto-generated trading metrics included in the trading journal software help you to find your trading edge by analyzing the trading performance. The trading journal software will calculate helpful metrics to help you analyze your trades. The intention is to find the most profitable strategies and separate them from the others.

For example, you may identify trading strategies where you feel that they are profitable but where the imported trade history tells another story. The trading journal is free of emotions and helps you to analyze your trading activities.

About the author : Alexander is the founder of daytradingz. He aims to make trading and investing easy to understand for everybody, and has been quoted on Benzinga, Business Insider and GOBankingRates. More details here. This paid software has a bulk import function that works with dozens of brokers full list here. It is ideal for anyone that uses their supported brokers and want to avoid manual data entry.

It also has a useful tagging function. You can create your tagging system so that you can filter your trades by any attributes. Options traders will also find Trading Diary Pro helpful as it recognizes various options strategy. It offers a free day trial. Click here to learn more. Edgewonk is a trading journal the focuses on helping you find and analyze your trading edge.

It is highly customizable and works for most instruments. Cryptocurrency is a recent addition. It also uses proprietary algorithms that make suggestions for improving your trading performance. TradeInsights is a free trading journal that works entirely online. Nothing to download.

You can easily import your trades from a variety of platforms. It has the essential functions for keeping a healthy trading journal and has an optional leaderboard that offers a social aspect to your journaling. TradesViz is a well-polished trading journal that sets itself apart with its extensive visualization options. This platform has dozens of functions, and you might feel overwhelmed at first. But no worries, to help with that, TradesViz generates critical insights from your trading records automatically to get you started.

Compared to the trading journal programs, you need to spend more time setting up general-purpose software spreadsheet and note-taking software to use them as trading journals. You have complete control over what fields to include, their formatting, and how to analyze the trade records.

This autonomy might be overwhelming, especially for new traders who are unfamiliar with spreadsheet programs. But for traders who are proficient with spreadsheet manipulation, I strongly encourage you to design a trading journal with Excel.

For instance, in my price action course , the included Excel Toolkit has sections that correspond to different parts of the course trading framework. Evernote is a robust note-taking software. It excels at connecting pieces of information in a friendly manner. For each trade, you have your analysis, your chart screenshot, your trading results, trade confirmations, emotions journal, etc.

Want to see how it works as a trading journal? Hugh Kimura over at Trading Heroes shows you how he uses Evernote as his forex trading journal. Screen recording software is useful for intraday traders. They record your trading sessions and allow you to replay them for post-trade analysis.