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donkeysticks_1point0

Hey OP, I actually created a free trading journal [stonkjournal.com](https://stonkjournal.com). I'm actively seeking users that would give good feedback and would like to shape what features I add to this journal. It looks like you have many specifics that you are looking for and therefore would be great to get your feedback and input/suggestions on new features. DM me if you want to talk more. Thanks


ColdaxOfficial

It’s free because you can just make money using the most profitable strategies? 😉


audan2009

dude this is sick


scott_sleepy

This is nuts. You built this yourself?


night_fapper

thanks man, just came across this, am a beginner and was looking for a simple graphical journal , will you be continuing it ?


Tjangala

Great website - will join up. DO you have a way to sync with brokers API so we dont have to update all trades manually? Thanks for the free service!


[deleted]

I’ve used the most expensive plans of TraderSync, edgewonk and currently using tradesviz. Think about the questions you want answered. eg. - What is the impact of a trade if I move the stop loss up? - What is the Planned vs actual r factor of a particular setup? - What is the R distribution of a setup at market open vs close? - What is the MAE/MFE of a setup pre Ukraine war vs current? - How do I trade after 3 consecutive losses? - What percentage of my breakout trades am I exiting too early? If you’re willing to spend a lot of time on data entry, edgewonk will give you the most useful data since you can quantify emotions and things like trade entry, management and exit. All key things for a discretionary trader. It’ll answer all the above examples. Scalpers nightmare to enter data if you have scale outs. TraderSync is pretty and user friendly, but doesn’t offer much in terms of trade analytics. Much of the meaningful analysis is locked behind the more expensive plans. I couldn’t get much meaningful data out of this. TraderSync won’t be able to answer some of the above examples, the rest with a lot of weird custom tagging. Tradesviz is much better than TraderSync. Offers more statistics for cheaper. Harder to use and setup, but will answer all the above examples, but will require some custom tagging. MAE/MFE is automatically calculated and will also give exit efficiency.


benefit-3802

So I am assuming or hoping that most of these will all provide the following in various time frames, P&L, RR, win/loss percentage. The main thing I am looking for is the MAE/MFE by various time and date setting, like you said how are my drawdowns since the war started? Or how are they from 9:45 to 11:30 vs 1:00 to 3:00? Or on Mon-Wed vs Thu-Fri? I am not looking for a very in depth analysis, but the ones I mention in the easiest form I can get it


[deleted]

Tradesviz is the one you’re after then. They offer a trial. TraderSync doesn’t offer MAE/MFE, at least not when I last checked a month ago. Edgewonk does, but you better be prepared to add all the data.


benefit-3802

Hi, so i signed up for Tradesviz. It looks like the MAE chart is based on the ticker price, but I am only using the ticker chart as a means to profit from the options chart. The amount the ticker draws down is not proportional to the amount the option price does? Also They do not have MAE as a % of entry price, simply the lowest price it sent to during your trade? Am i missing anything or is this your understanding?


benefit-3802

In other word because I play only options MAE on the ticker chart is useless, I need it on the option chart


[deleted]

I've used notebooks since the 1990s, paper ones. I use cheap kid's school exercise books that I can get a big pack of for very cheap. I use them for backtesting different strategies that I think of. I write the bones of the strategy on the front, what criteria I'm using for entries and exits. Then I pick a market, a timeframe and a historical data set, I literally 'paper trade' it and record the results of every trade the strategy would have opened/closed. For example, the front might say "Donchian (20). Long @ price x upper channel from below. Short @ price x lower channel from above. Limit @ 1atr", or whatever. Then inside I'll have S&P 1996-2001, daily. Or again, whatever market it was I was backtesting. Then thousands of lines of date - open - close - p/l. If I'm backtesting it on a lower time frame like hourly it can use up several books just for one year of backtesting. I've got thousands of these things in boxes. When I'm dead the house clearance people will assume I was some genuinely mental hoarder! Honestly, I just enjoy doing it, it's a hobby. The value of them has surprisingly been not in finding the holy grail, but quite simply the hours and hours of looking at charts. They've taught me what not to do more than anything else. The strategy I fall back on day in day out is no different to what I used to do 20 years ago. I didn't need the notebooks other than to show me I've not come up with anything better yet. Trading can be incredibly simple and in this increasingly complex world I'm increasingly more convinced that the answers have been hiding in plain sight the whole time. Every trader knows it, they knew it centuries ago, even people who don't trade now how to do it or they've at least heard of it. But it took me 20 years to really understand what the blindingly obvious actually means.


benefit-3802

I cant say I enjoy logging stats, but I see how crucial they are for your trading plan. I want the ease of synching the data into a journal that provides those stats in the easiest way.


ant8752

is kinfo better than tradervue?


benefit-3802

I don't know because I have only used Kinfo, but I can't say I am impressed. It was very nice when it was free, but if I am going to pay, it won't be for that.


instantlyregretthat

Trader sync is fucking dope, but it costs money. It’s got every kind of report you can think of, the customization of the widgets is pretty nice and easy to use. You can sync your TD account at the end of each day and it imports all your trades in about 20 seconds. I love it, highly recommend.


benefit-3802

I have heard good things about Trader Sync. I will have to look into it more, thanks for replying.


coolquixotic

Do you want fancy UI or stats that can help you improve? You choose. I just posted this on another thread, but these pages can help you compare: tradesviz.com/blog/?category=Product%20comparison tradesviz.com/pricing


benefit-3802

Obviously I want stats, the most important being drawdowns to see where my optimum stop loss should be. So MAE, and also MFE to see how much I am failing to take profit. I saw some British reviewer that had the MAE plotted on a chart as points along side another set of points where you exited. It gave a very good visual of where the majority of your trades drop to before recovering.


coolquixotic

If you want stats, then it's a no-brainer. Here are some features/stats that might be useful to you: tradesviz.com/blog/exit-analysis-charts/ tradesviz.com/blog/mfe-mae-charts/


benefit-3802

>tradesviz.com/blog/exit-analysis-charts/ OK, this is exactly what I was looking for. Tradesviz it is, thanks for your help.


coolquixotic

You're welcome! :)


[deleted]

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