In this article, we compare popular trading journals—Edgewonk, Tradersync, Tradervue, TradesViz, and TradeZella—breaking down their features, pricing, and unique offerings. Choosing the best trading journal depends on your specific needs as a trader. If you value community feedback and comprehensive reporting, platforms like Tradervue and TraderSync are excellent options. For traders on a budget, StonkJournal offers solid features completely free of charge.
Financial services industry
Business Insider provides news and insights on a wide variety of topics, including advertising and media. Its research division, Insider Intelligence (which includes what was formerly known as eMarketer), provides in-depth reports and datasets about digital marketing. TradeLog offers a free trial that allows traders to track and analyze their trades. While the premium version of the software is more feature-rich, the free version still offers solid trade logging capabilities and a simple, intuitive interface.
Top Free Trading Journal Templates
A journal that works well on mobile devices allows traders to log their trades anytime, anywhere. This is especially important for traders who are active in fast-moving markets or those who trade on multiple devices. For example, you won’t have access to the advanced charting and analytics features, and you best trade journals will have a cap of 30 trade imports per month. If you want to unlock the full potential of the platform, you should choose between the Silver or the Gold plans, depending on your needs. Sometimes, you invest endless hours in something that does not work and don’t know why.
Features
This might include customizable fields for different types of assets, trade setups, or risk management tools like position sizing and stop-loss levels. The primary purpose of a trading journal is to help traders track their performance over time, identify patterns in their trading behavior, and assess the effectiveness of their strategies. A journal allows for introspection and helps traders avoid repeating the same mistakes. A trading plan is your roadmap before you start trading as it outlines your strategy, goals, risk management rules, and criteria for entering and exiting trades. Think of it as your game plan for how you intend to approach the market. On the other hand, a trading journal is a record of your actual trades.
The best way to identify the most profitable strategies, strengths and weaknesses in your trading style is by using the best trading journal for detailed trade analysis. While a trading plan sets your intentions, a trading journal helps you analyze your execution. The plan keeps you disciplined, while the journal keeps you accountable. By comparing the two, you can see if you’re sticking to your strategy or deviating from it, helping you make necessary adjustments and improve over time. Trading journals provide you with an easy way to figure out what went right and what went wrong, and look back at your trade history.
Find and compare the best Trading Journals in 2025
This process involves examining trades to identify patterns and habits, which can then be used to refine your trading strategies. A thorough trade analysis and review should include a detailed examination of entries and exits, performance metrics, and identification of areas for improvement. TradeBench provides free tools for analyzing and reviewing your trades, including charts and performance metrics. By leveraging these tools, you can gain deeper insights into your trading behavior and make informed adjustments, ultimately leading to more profitable trades.
Record Trades, improve faster
You’ll have to enter payment info to start, so just make sure that if you don’t want to keep it, you cancel before the 7 days is up. While newer journals focus on bells and whistles, Tradervue focuses on what actually matters – helping you find your edge. I recommend you go with the Platinum plan and make the most of all the features during your trial, then decide if you want to keep that or downgrade to pro.
- There’s better support for brokers that are popular with rapid-fire day traders.
- For instance, you can easily pinpoint the trading strategies that do you more harm than good.
- Yet another extra feature that makes us absolutely love TV is the “Exit Analysis” feature.
- With AI and broker syncing features, trade journaling becomes a breeze.
Heavy Industry
Ultimately, the cost of a trading journal depends on your budget, but there is likely something available to fit any trader’s needs no matter their budget size. Edgewonk is a trading journal that sets itself apart by focusing solely on what traders truly need in a journaling tool. Whether you’re trading stocks, options, futures, forex, or cryptocurrencies, keeping a trade journal can help you identify strengths, weaknesses, and trends in your strategy. Trading journals are an essential tool for traders looking to track, analyze, and improve their performance. TradingDiary Pro offers a 30-day free trial, which gives traders access to its comprehensive journaling and reporting tools. It allows traders to log trades, track risk, and analyze their performance in various market conditions.
The best trading journal – TradesViz
The lowest premium tier is only $14.99 a month and supports 10 accounts. There are plenty of performance chart options and the documentation is top-notch. Start implementing these tools today to enhance your trading discipline. By consistently using the journal, you’ll gain invaluable insights into your trading habits, leading to improved outcomes and strategic growth. Access essential reports to develop a successful trade plan and enhance your trading performance. Identify the reasons why your trading may not be effective and work to eliminate them.
- Theirs is no doubt that a good trading journal can transform you from an average trader into a top-tier trader.
- Edgewonk also allows you to customize the input information, including adding notes and tags for each trade.
- A trading journal is a record where traders document each trade they make.
- Journal of Protective Coatings & Lining provides insights into the world of protective and marine coatings.
- Selecting the right economics trade journals is vital for your research, professional development, and staying informed about the latest economic discussions.
TraderSync has a crisp design and can import trades from a long list of over 700 brokers, making it an excellent choice for active day traders looking to track their performance. It’s an excellent choice for traders who use several brokers and trade several instruments. Trading journals are among the most underutilized tools by beginner stock traders. Journals keep traders honest with themselves about their performance and make it easier to spot strengths and weaknesses.
Just like checking your charts or reading market news – journaling should be part of your daily trading routine. The only real “disadvantage” is that journals force you to trade like a professional instead of a gambler. If you want professional-grade analytics without the fluff, Tradervue remains formidable.
This is basically a diary that you document your trading activities. Over time, you can use the data in your trading journal to become a more efficient trader. That’s why proper trade journaling isn’t just helpful – it’s essential for serious traders. The ability to export data to CSV or Excel format can be beneficial for further analysis or for keeping backups of your trading history. This feature allows traders to analyze their data using more advanced tools or to share their trading history with mentors or analysts.