Plain explanations of what your own trades can tell you: the conditions you saw, the market around them, your entry, and how you managed the trade. Written for forex, futures and crypto traders.
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Five trading journals people weigh against Tradezella: EdgeFlow, Edgewonk, TraderSync, Tradervue and TradesViz. What each one is built for, what it costs, and who should pick which. Every fact about another tool comes from its own site.
Which trading journal helps you find which of your setups actually make money? What a journal needs to answer that question, and how EdgeFlow, Edgewonk, Tradezella, TraderSync, Tradervue, TradesViz and a spreadsheet each handle it.
Edgewonk has broker import, 50+ reports, psychology tools and a yearly price. EdgeFlow counts which of the things you check before a trade made money, and tests the plan you build from them. What each one does best, and who should pick which.
TraderSync syncs trades from your broker and adds trade replay, a market replay simulator and an AI assistant. EdgeFlow counts which of the things you check before a trade made money, and tests the plan you build from them. Who should pick which.
Tradervue has a free plan, broker sync, trades drawn on TradingView charts, sharing and mentoring. EdgeFlow counts which of the things you check before a trade made money, and tests the plan you build from them. Who should pick which.
Tradezella has broker sync, trade replay, backtesting and three plans. EdgeFlow counts which of the things you check before a trade made money, and tests the plan you build from them. What each one does best, and who should pick which.
Price takes off without you and you jump in late, at a worse price, with no plan. That is FOMO. Here is what is happening, and a few habits that make it rarer.
You do not need months of trades to write a first trading plan. You need one page that says what you trade, when you take a trade, how much you risk and how you get out.
Courses promise months. Research on real traders says most never get there. Here is an honest answer, what the evidence shows, and what you can do to find out sooner where you stand.
One percent, two percent, or whatever feels right? Here is why many traders start around one percent, what a big loss does to your account, and how to work out your size.
You do not need to write code to backtest. You need a chart you can scroll back on, your rules written down, and the patience to log each test trade honestly. Here is how.
A spreadsheet is free and flexible. An app saves time and asks better questions. Here is an honest way to decide, and the point where a spreadsheet stops being enough.
You failed a prop firm challenge while your account was in profit. The rule that did it is often the trailing drawdown. Here is how it works, in plain words, with one example.
A pre-trade checklist is the short list you tick before you click buy or sell. Here is what belongs on it, how long it should be, and what to do when one box is empty.
Traders say a trade was +2R or that they lost 1R. R is a simple way to measure every trade against what you risked on it. Here is what it means and how to work it out.
You know your rules. You wrote them down. And you still break them, usually at the worst moment. Here is why that happens and a habit that makes it happen less.
You've logged months of trades and still have no rules on paper. Five steps to pull a written plan out of the trades you already have, and one honest way to test it.
Confluence is one of the first words a new trader hears. Here is what it means, with examples from a few styles of trading, and how to find out which of the things you check matter in your own trades.
You've seen the claim: wait for three confluences and your win rate jumps. Nobody shows the actual trades. Here is what stacking confluences really does to your results, and how to check what it does to yours.
You've taken fifteen trades with a new setup and you're up. The urge to trade bigger is strong. Here is how to think about whether you can trust it yet, and what to do while you wait.
You paid the fee. You have a month, a daily loss limit and a profit target, and one broken rule ends the account. Your journal has one extra job now. Here is what to write down.
You had a losing month and you're about to change strategy. First find out whether the strategy failed, or whether you didn't trade it the way you wrote it down. The two have opposite fixes.
You logged every trade for six months and your account is as flat as it was in spring. The journal isn't useless, and neither are you. It was just never asked a question.
The setup that paid all spring is losing all autumn. Before you add new rules, find out what actually changed: the market, the way you trade it, or nothing at all.
You have a setup you like. Some months it pays, some months it doesn't, and someone online says you need an edge. Here is what that word means, and how you would know if you have one.
Your win rate was 55% this month and you still lost money. Expectancy is the number that explains why, and it is simpler than it sounds.
Most journal templates have twenty-five columns, and most of them are never read again. This is the short list of fields that earn their place, why each one is on it, and what you can safely leave out.
Trading involves substantial risk. Nothing on this site is financial advice. Risk disclosure