Keeping a trading journal is an essential tool for trading. It will allow you to track your progress, learn from your mistakes and improve your strategy. By looking at your trading behavior, you can identify your strengths and weaknesses to help you become more profitable. Helping you make adjustments to your trading strategy and giving you statistics you can use to improve your win/loss rate.
In this post, we’ll be reviewing some of the most popular trading journals and looking at some of their features.
TraderSync
Tradersync has one of the best-looking interfaces as far as trading journals go. With a 7-day free trial and support for over 240+ Platforms to import your trades makes getting up and running very easy. It is one of the more popular trading journals with many features like Artificial Intelligence AI Feedback and more.
Highlight Features
- Supports Stocks, Options, Futures, Future Options, and Forex
- All Platforms including IOS and Android
- Artificial Intelligence AI Feedback
- Simulate New Trading Strategies
- Detailed Reports and Statistics
- Supports 240+ trading platforms
Price
Sign Up For A Free Trial – 7 Days
Monthly – Pro $29.95 / Premium $49.95 / Elite $79.95
Yearly – Pro $312.00 / Premium $521.04 / Elite $834.00
Tradervue
Tradervue is a simple, fast and powerful trading journal. With a minimal design this journal makes understanding and recording your trades very easy. Tradervues paid plans are competitively priced and is one of the more reasonably priced journals out there including a free plan available that is limited to 30 traders per month.
Highlight Features
- Supports Stocks, Options, Futures, Future Options, and Forex
- Automatic Price Charts
- Tagging & Filtering
- Auto-import Trades From Your Broker
- Detailed Reports and Statistics
- Risk Analysis
Price
Sign Up For Free – 30 Traders Per Month
Monthly – Silver Plan $29.00 / Gold Plan $49.00
Yearly – Silver Plan $313.20 / Gold Plan $470.40
Trademetria
Trademetria is an all-in-one trading journal software for traders and investors. With the ability to run simulations on your trades to find areas you can improve and more than 30 trading metrics to understand your trading habits. There is also a free version available with limited trades per month.
Highlight Features
- Supports Stocks, Options, Futures, CFDs, Forex, Cryptocurrencies
- Backtester
- Multi Portfolio Tracker
- Detailed Reports and Statistics
- Supports 140+ Trading Platforms
- Fundamental Research
Price
Sign Up For Free – 30 Traders Per Month
Monthly – Basic $29.95 / Pro $39.95
Yearly – Basic $215.00 / Pro $279.00
Edgewonk
Edgewonk is a powerful trading journal that supports all markets Stocks, Futures, Forex, CFD, Cryptocurrencies, and Commodities. It is packed full of features and has a simple modern design. It supports all devices including mobile as well giving you a large number of insights and analytics on your trades.
Highlight Features
- Supports All Markets
- Backtester
- Multiple Journals For Separate Trading Accounts
- Performance and Trade Analytics
- Detailed Reports and Statistics
- Supports scaling in and out of trades
Price
Yearly – $169.00
Chartlog
Chartlog gives you the tools you need to analyze trades and focus on what works. Chartlog allows you to upload your traders automatically in real time. With also a free course available to show you how to properly journal your trades and understand how to improve your performance.
Highlight Features
- Supports Stocks, Options, Futures, Future Options, Forex, Cryptocurrencies
- Strategy Comparison
- Custom Charts
- Filtering System
- Detailed Reports and Statistics
- Auto-import Trades From Your Broker
Price
Free Trial – 7 Days
Monthly Plans – Lite $14.99 / Standard $29.99 / Pro $39.99
Yearly Plans – Lite $161.88 / Standard $305.88 / Pro $383.88
Build Your Own
Using Microsoft Excel is the do-it-yourself way of making your own journal It’s the simplest and cheapest option. You can add only the features you want while having a more straightforward design. If you are already paying for Microsoft Office this can be a suitable alternative offering the most customizability.
“Use a Trading Journal to understand and improve your strategy”
Conclusion
Choosing the right trading journal can make all the difference in your trading journey. These are some of the best trading journals available on the market. With the right tools and a disciplined approach, you can improve your trading performance and strategy.
Disclaimer: Some of the links on this page are affiliate links. I will receive a commission if you purchase something through my affiliate links.
