Trading Journal
Please Note: All active members can purchase the Trading Journal for only $49.95. Please make sure to enter your member email address in the checkout page to receive the discount. The discount will be applied on the "Review Order" page. The Trading Journal is designed to help traders prove various strategies through numeric analysis and visual trends. It can also be used to help traders seperate impulse trades from true strategies to see how trading accounts are affected by each. This tool ultimately pinpoints areas where traders are weak and helps to know what strategies are most profitable. Overall the journal will benefit the beginning trader as well as the most advanced. No special spreadsheet skills are required. The journal is protected so critical calculations cannot be altered by users. For each strategy the journal will numerically calculate the following and much more: - % at risk on individual trades
- P/L on individual trades
- P/L on groups of 25 trades
- Average profit and loss on each trade in the group
- % of winning verses losing trades
- Overall P/L and % return on all trades
For each strategy the journal will automatically chart trades graphically so traders can see how each strategy is trending. Each strategy trend has an 8 ma and 13 ma. The graphs will show up to 250 trades. The journal also allows traders to take detailed notes on why they entered and exited a trade. |