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What is Trading Journal?
The Trading Journal is a crucial resource for traders, providing them with a comprehensive platform to carefully record their trades, which in turn boosts their analytical skills and enhances their chances of making a profit.
Offering a range of analytical tools, the journal delivers valuable insights into both successful and unsuccessful trades, calculates win percentages, and organizes trades into distinct categories of open and closed, while also accommodating long and short positions along with specialized classifications based on different trading strategies.
This all-encompassing trading journal is designed to support a wide variety of trading activities, spanning equity, futures and options, cryptocurrency, forex, and commodities, making it suitable for various trading styles from scalping and swing trading to positional trading and long-term investing.
Trades can be meticulously categorized by type—such as random, scalping, swing, positional, long-term, and investment—allowing traders to engage in thorough tracking and analysis of each specific category.
Moreover, trades can be systematically organized into open or closed segments, as well as classified as long or short, facilitating further examination of profitability and losses.
Among its numerous features, the journal includes a win percentage calculator, effective segregation of trade data, and a backup/restore function to protect essential trading information.
With its vast array of functionalities, the Trading Journal stands as an indispensable tool for traders who seek to enhance their strategies and elevate their overall trading performance, ultimately fostering a more disciplined approach to trading.
What is Forexbook?
Keeping a forex trading journal is crucial for both beginners and experienced day traders, as it allows them to assess their trading performance and extract valuable lessons from past trades. Every trade, win or lose, offers insights that can enhance future trading strategies. By tracking these outcomes, traders can pinpoint effective methodologies and areas that require refinement. Instead of manually entering trade details, users can benefit from automatic synchronization with Metatrader, making it easy to add personal reflections and evaluations. Employing specific strategies lets traders sort their trades based on predefined criteria, including trading rules, timeframes, and risk management approaches. Additionally, you can link multiple accounts, which facilitates the tracking and recording of trades for both demo and live accounts across several Metatrader brokers. This capability not only streamlines your trading management but also helps you maintain a comprehensive overview of your trading activities across all platforms. Ultimately, a well-maintained journal serves as both a guide and a learning tool, fostering continuous improvement in trading practices.
Media
No images available
Integrations Supported
MetaTrader 4
MetaTrader 5
API Availability
Has API
API Availability
Has API
Pricing Information
$0
Free Trial Offered?
Free Version
Pricing Information
$19 per month
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
VSB DEVS
Date Founded
2021
Company Location
India
Company Website
play.google.com/store/apps/details
Company Facts
Organization Name
Forexbook
Company Website
forexbook.com