This allows Trademetria to effectively serve as a watch list as well as a trading journal. Arguably, that’s what your online stockbroker is for, but nonetheless it is a unique feature. It also supports crypto, which I’m sure will make some traders very happy.

Next, you will have to develop the habit of manually inputting the record of your trade history every trading day. You will have to create a habit of consistency and error-free typing. The addition of an artificial intelligence engine that automatically analyzes the previous trade history, and current trade going on to fund hidden and ignored patterns is valuable. Analysis feature – With Tradervue, you can track the overall profitability of your trading activity. You can view the performance of your account over a selected period. This includes your win percentage, traded volume, and profitability.

Options Flow

You have access to an amazing support team that seems to be active at all hours of the day. My support agent helped me through a complex import issue and had it solved within 24 hours. I can't tell you how blown away I am with their software and their service. I'm more than happy with my experience and so excited to see what new features they bring to the table as they continue to grow their business. If you're on the fence, I encourage you to jump right over and take it for a spin with their risk-free trial.

What that means for you as a trader is that the decisions it’s making and reports it’s showing you are by in large emotion free. Essentially, AI allows for the most optimized technical trading analysis. Blain Reinkensmeyer (founder of StockTrader.com) has more than best trading journal 20 years of trading experience with over 2,500 trades placed during that time. Referenced as a leading expert on the U.S. online brokerage industry, Blain has been quoted in the WSJ, New York Times, Fast Company, the Chicago Tribune, and other media outlets.

An Ultimate Guide to Reversal Candlestick Patterns

Keeping a trading journal is the equivalent of an athlete’s practice. Depending on what you need to improve, different features will help you get there. Take a look at your losses and recap the red day to build a plan to improve. If software is not your style or you want to customize an ultimate journal tailored precisely to your trading system and preferences, here are several tips to help you get started.

Trademetria is very basic as far as what data is tracked and what you can analyze, but it is easy to use and covers the foundation components of a reliable trading journal. Over time, you can use a trading journal to identify your best and worst-performing strategies and adjust your trading accordingly. You can also use a trading journal to measure the impacts of these adjustments, ensuring that any changes you make actually lead to measurable improvements in your profitability. Tradervue is used by major financial firms and hedge funds, such as SMB Capital. It’s established a great track record as one of the most comprehensive journaling tools out there. Keeping track of your history will make you more prepared for the future and will give you a competitive advantage.

Best Stock Brokers Review

It is proven that having a measurable goal boosts motivation and helps you remain focused. The downside is it doesn’t support as many trade platforms and brokers as other solutions on the market for automated imports. Import trades directly from ThinkorSwim in just a few clicks, and start reviewing the charts and statistics.

Therefore, we have narrowed down the best trade journals you can use for a free plan of these registries to ensure if they are your thing or not. Then pay a bit to get the entire package and unlimited features of the trading journal. It was created in 2014 by a group of programmers who were facing similar problems like us or any trade. They have equipped it with sophisticated features to aid in monitoring your trading activities and performance. It includes charts, trade stimulants, analysis reports, and many more.

Know the why behind your entry

Become one by learning the pulse of the market using in-depth advanced options flow analysis every day. With this, you can not only journal your options trades with lot of context data, but also get new trade ideas on how to manage your position and start new ones. A result of being focused on using AI powered machine learning is that without your inputs it won’t give you an idea of the market overall. That being said, TraderSync does allow your trade data from multiple trading accounts and automatically provides a wide range of reports on them. These reports include things like pricing reports, volume reports and setup reports. Notion is not connected with any trading platforms/brokers but does make for an amazing trading journal.