9 Best Trading Journals in 2024 ⇝ No More Guesswork

Explore the power of trading journals—an untapped reservoir of wisdom and the cornerstone of profitable strategies. Ready to uncover the keys to your trading kingdom?

A trading journal is a powerful yet often overlooked tool in the world of trading. It serves as a comprehensive record of your trades, allowing you to reflect on past decisions, evaluate your performance, and identify patterns to improve future trade setups.

While the task of maintaining a trading journal may initially seem tedious, its long-term benefits in enhancing discipline and profitability for traders are undeniable. By diligently recording essential trade metrics such as date, time, instrument, strategy, entry/exit points, and personal insights, traders can gain valuable insights and refine their trading approaches.

The more detailed and consistent the data in the journal, the easier it becomes to pinpoint strengths, weaknesses, and areas for improvement in one’s trading style. These journals offer a range of features, including trade analysis tools, stock screeners, and portfolio tracking, catering to traders of all experience levels.

📖 List of Best Trading Journals

Best Trading Journals
Swiset Trading Journal	Offers a personalized mentor called Trading Mentor
MyFxbook	Include chart pictures, trade recordings, and more
TraderSync	Allows traders to create a rules-based trading plan
Journalityx	Offers a fully functional WYSIWYG editor
StonkJournal	Supports Stocks, Options, Futures, Crypto, and Forex
Trademetria	Provides a trading plan feature that outlines users’ goals, strategies
Tradervue	Provides advanced analytics tools and resources
Kinfo	Tracks trading performance and allows users to view top traders’ portfolios
TradeZella	Platform provides R-Multiple so traders are aware about the losses

1. Swiset Trading Journal

Swiset Trading Journal is a comprehensive tool that provides traders with a detailed record of their operations, allowing them to transition from using Excel to a complete trading journal within the Swiset platform.

It offers a personalized mentor called Trading Mentor, which leverages the statistics and operations recorded in the trading journal to provide valuable information for improving trading performance. Traders can establish their personal trading plan through the Trading Plan feature, enabling them to choose the data and ratios to monitor during their trading day and receive notifications based on their plan compliance.

Swiset allows traders to add all the accounts they use to operate, irrespective of the broker or asset, and provides a complete and detailed record of all the accounts used. The platform offers a fully automatic trading journal that can be synced with various trading platforms such as MetaTrader 4.

Swiset Trading Journal Key Features

• Comprehensive Record Keeping: Swiset Trading Journal provides a detailed record of trading operations, allowing traders to transition from using Excel to a complete trading journal within the Swiset platform.
• Trading Mentor: The platform offers a personalized mentor called Trading Mentor, which leverages the statistics and operations recorded in the trading journal to provide valuable information for improving trading performance.
• Trading Plan: Traders can establish their personal trading plan through the Trading Plan feature, enabling them to choose the data and ratios to monitor during their trading day and receive notifications based on their plan compliance.
• Multi-Account Support: Swiset allows traders to add all the accounts they use to operate, irrespective of the broker or asset, providing a complete and detailed record of all the accounts used.
• Automatic Trading Journal: The platform offers a fully automatic trading journal that can be synced with various trading platforms such as MetaTrader 4, MetaTrader 5, NinjaTrader, and cTrader.
• AI-Based Analytical Tools: Swiset leverages artificial intelligence and data analytics to provide valuable, fundamental, and accurate information about traders’ operations, enabling them to improve their performance and achieve their trading goals.

2. MyFxbook

Allowing them to record and analyze their trades to improve their performance. The key features of MyFxbook’s trading journal include chart pictures, comprehensive trade recording, performance statistics, potential trade areas, and entry triggers and position size.

These features enable traders to maintain a detailed record of their trades, analyze their performance, and make data-driven decisions to improve their trading strategies.

MyFxbook Key Features

MyFxbook’s trading journal is a valuable tool for forex traders, allowing them to record and analyze their trades to improve their performance. The key features of MyFxbook’s trading journal include:

• Chart Pictures: Every trade includes a chart picture showing entry/exit points, along with the indicators used for the particular strategy.
• Comprehensive Trade Recording: Traders can log every trade, including the reasons for entering a trade, strategies, and a ‘post-mortem’ on losing and winning trades.
• Performance Statistics: The journal allows traders to track performance statistics, such as win, loss, draw, and other important metrics, essential for evaluating trading performance.
• Potential Trade Areas: Traders are encouraged to include potential trade areas they are considering entering, including particulars like possible support and resistance levels.
• Entry Triggers and Position Size: It is recommended to record entry triggers, position size, and trade management rules for each trade.

MyFxbook’s trading journal provides a transparent and easy-to-use platform for forex traders to document their trades, learn from their experiences, and share their knowledge with the community. This comprehensive approach helps traders refine their trading strategies, enhance their skills, and ultimately improve their trading performance.

3. Trader Sync

TraderSync is a comprehensive trading journal platform designed to help traders track, analyze, and improve their trading performance. The software allows traders to create a rules-based trading plan and set automated stop loss and profit target levels for their trades, customizing the layout and interface to suit their preferences.

It is compatible with most trading platforms, allowing for the automatic import of trades from over 100 different brokers, and supports a wide range of markets and assets, including Stocks, Options, Forex, Futures, and Futures Options. TraderSync also offers interactive charting features, AI feedback, real-time trading statistics, and automatic profit and loss calculations for each trade.

These features make TraderSync a powerful tool for traders looking to maintain a detailed record of their trades, analyze their performance, and make data-driven decisions to improve their trading strategies.

TraderSync Key Features

• Automated Trade History Imports: TraderSync supports over 240+ brokers, allowing automatic syncing of trades for various assets including stocks, options, forex, futures, and crypto.
• Customizable Interface: The platform allows users to customize the layout and interface to suit their preferences, enhancing user experience.
• Trade Management: TraderSync enables the creation of a rules-based trading plan, including setting automated stop loss and profit target levels.
• AI-Powered Insights: The platform offers AI insights, providing valuable analysis and helping traders make data-driven decisions.
• Trade Tagging: TraderSync allows users to create distinct categories for trade setups and mistakes, enabling quick identification of patterns and trends in trading activity.
• Market Replay Feature: This feature allows traders to review their trades tick by tick, providing valuable hindsight and learning opportunities.

4. Journalityx

Journalityx is a trading journal platform that offers an automated real-time collection of trading data for Stocks, Options, Futures, Forex, CFD, and Cryptocurrency trading.

The platform provides one-click access to journal trades and real-time assistance, making trade journaling easy for traders of all levels. Journalityx supports a wide range of trading platforms, including Jigsaw daytrader, MT4, MT5, NT8, Stellar, TSTTrader, Tradovate, XTrader, and Stellar, and data feeds like BitFinex, CQG, GAIN, Rithmic, and TT REST.

The platform allows traders to compare different periods for all metrics to assess performance improvement, and provides a journal queue and notifications, presenting traders and managers with relevant scheduled economic releases, a snapshot of individual or team performance, risk profile, day/trade notes, and interactive P&L charts.

Journalityx also offers a fully functional WYSIWYG editor to enter trade and/or day notes, multiple accounts, multiple currencies, and multiple market types, all on one dashboard. These features make Journalityx a powerful tool for traders looking to maintain a detailed record of their trades, analyze their performance, and make data-driven decisions to improve their trading strategies.

Journalityx Key Features

• Automated Trade Journaling: Journalytix offers automated real-time trade collection and journaling, streamlining the process for traders.
• Advanced Analytics Dashboard: The platform provides cutting-edge historical performance analysis to help traders uncover patterns and improve their trading strategies.
• Real-Time Financial News and Economic Alerts: Traders receive live updates on financial news and economic events, which can impact trading decisions.
• Voice-Activated Trade Journal: Journalytix supports voice dictation for entering trade notes, making the journaling process more efficient and hands-free.
• Multi-Currency and Multi-Market Support: The platform can handle multiple accounts and currencies, and is compatible with various market types including forex, futures, stocks, and CFDs.
• Trader Performance and Risk Monitoring: Journalytix provides tools for real-time and historical analysis, enabling traders and firms to monitor performance and risk effectively.

5. StonkJournal

Supports Stocks, Options, Futures, Crypto, and Forex. It aims to help traders monitor their trading habits, track progress and strategies, and improve ROI and risk management.

The platform is designed to be comprehensive enough to satisfy the majority of traders and does not require users to verify their email addresses, allowing for anonymity. StonkJournal started as a personal project and has grown to thousands of users, providing a free comprehensive, easy, and fast journaling experience with zero barriers to entry.

The journal revolves around quickness, a short learning curve, and an overall journaling flow that is easy to integrate into your daily trading workflow. StonkJournal is a great tool for traders looking for a simple and effective way to track their trades and improve their performance.

StonkJournal Key Features

• User-Friendly Interface: Offers a simple and elegant UI for tracking trading habits and strategies.
• Quick Trade Entry: Designed for swift input with a memory of previous trades and user preference-based defaults for faster journaling.
• Performance Statistics: Provides visibility into individual trading performance to inform strategy adjustments.
• Journal Entry Customization: Includes tags, a confidence meter, image attachments, and a notes field for detailed record-keeping.
• PnL Calendar and Quick Filters: Features a profit and loss calendar and quick filters for efficient trade analysis and management.
• Community Engagement and Feedback: Actively incorporates user suggestions and community voting to improve the platform.

6. Trademetria

Trademetria is a financial analysis and portfolio management platform that helps investors and traders optimize their portfolios and manage risk. It has advanced analytics tools and resources to help users make informed investment decisions. The platform comprises a portfolio tracker, trading journal, and trade analyzer all in one platform. It supports various trading instruments such as stocks, futures, options, forex, cryptos, and CFDs.

Trademetria offers a built-in trade journal feature where users can keep all the relevant notes on their trades. It also provides advanced reporting, customizable charts, and risk management metrics to help traders trade better. The platform offers multiple import options, including manual entries, CSV templates, broker files, and API sync.

Additionally, Trademetria provides a trading plan feature that outlines users’ goals, strategies, and risk management techniques. The platform is designed to help traders make data-driven decisions and improve their trading performance.

Trademetria Key Features

• Customizable Dashboard Widgets: Users can personalize their dashboard with various widgets to focus on the most relevant information.
• Trading Gamification: The platform introduces the concept of trading challenges or combines, which helps traders set goals, maintain motivation, and improve discipline. Users can create their own challenges, track progress, and make informed decisions.
• Support for Various Assets: Trademetria supports trading in equities, futures, options, forex, cryptos, and CFDs, making it suitable for a wide range of traders and trading styles.
• Advanced Metrics: The platform offers valuable metrics like profit factor, expectancy, r-multiples, win rate, holding times, and more than 20 other trading-related metrics. These key indicators can help users better understand their trading performance and identify areas for improvement.
• Built-in Trade Journal: Trademetria features a built-in trade journal where users can keep all the relevant notes on their trades.
• Multiple Import Options: The platform offers multiple import options, including manual entries, CSV templates, broker files, and API sync, making it easy for users to import their trading data.

7. TraderVue

Tradervue is a trading journal platform that allows traders to journal, analyze, and share their trades. The platform provides advanced analytics tools and resources to help users make informed investment decisions. Tradervue supports various trading instruments such as stocks, futures, options, and forex, and provides a comprehensive suite of research features to help traders make informed investment decisions.

The platform offers a trade journal feature that allows traders to keep track of their trades and analyze their performance. Additionally, Tradervue integrates extensive social media elements into its platform, providing a unique community-centered experience that few of its ilk offer.

The platform allows traders to share their trades with the community, providing an opportunity to learn from others and improve their trading strategies. Tradervue supports a wide variety of brokers and trading platforms, making it a versatile tool for traders across various markets and trading styles.

TraderVue Key Features

• Auto-Import: TraderVue simplifies the process of transferring trades from a broker or trading platform to a journal, eliminating manual data entry.
• Advanced Analytics: The platform provides comprehensive analysis tools for performance tracking and strategy refinement.
• Community Learning: TraderVue offers a platform for community learning where traders can share their expertise, get feedback, and learn from others.
• Detailed Journaling: The journal feature lists all trades chronologically and includes a filter feature for sorting data according to date, tag, or stock symbol.
• Automated Chart Generation: TraderVue auto-generates price charts for all trades, showing all buy and sell points during the trade.
• Broker Compatibility: TraderVue supports a wide range of brokers, making it easy to import trade data.

8. Kinfo

Kinfo is a social trading app that tracks trading performance and allows users to view top traders‘ portfolios. It calculates relevant trading metrics, provides detailed trade analysis, and offers alerts when someone trades. The platform integrates directly with users’ brokers, and the syncing process captures all trades from the previous day.

Kinfo is designed for active traders who wish to track their performance in a meaningful way, regardless of whether they are day traders, swing traders, or execute trades a few times per year. The app is available for download and is secure, with optional sharing of trading performance. Additionally, Kinfo has a paid PRO tier for users who wish to subscribe to additional features.

Kinfo Key Features

• Automated Journaling: Kinfo automatically journals trades, displaying performance statistics and visualizations, and integrates directly with your broker.
• Performance Metrics: The platform provides key trading performance metrics such as overall profit, average gain, and winning trades percentage.
• Detailed Monthly Statistics: Kinfo allows users to drill down on each month to see detailed trading statistics, helping to track progress over time.
• Social Trading: Users have the option to share their trading performance metrics and compete against other traders on the leaderboard.
• Web and Mobile Access: Kinfo is available as both a web and mobile app, ensuring easy access to the journal at all times.
• Free and Pro Versions: Kinfo offers a free version with basic features and a Pro tier with additional features for journaling, reporting, and analytics.

9. TradeZella

Designed to help traders discover their strengths and weaknesses and become profitable traders. The platform provides a comprehensive suite of features to help traders analyze their trading performance, including the ability to track each trade with the right metrics, explore all possibilities that level up profitability, and make data-driven decisions with confidence.

TradeZella offers feedback to help traders understand what’s holding them back, including their worst trading day and which mistakes they keep repeating. The platform also provides R-Multiple to help traders understand if they’re risking too much and how they can cut it down. TradeZella integrates with various brokers and trading platforms, making it easy for traders to import their trading data.

Thousands of traders have achieved their goals with the power of TradeZella, making it one of the most popular trading software on the planet.

TradeZella Key Features

• Advanced Analytics: TradeZilla offers in-depth trading analytics to help traders focus on effective strategies and eliminate unproductive ones.
• Trade Replay: This feature allows traders to replay their trades, helping to identify flaws and fine-tune strategies.
• Automated Trade Tracking: TradeZilla automates the process of tracking trades, freeing up time for traders to focus on market analysis.
• Drilled Down Reporting: Provides detailed reports on a trader’s performance, highlighting mistakes and identifying worst trading days.
• Security: As a cloud-based software, TradeZilla prioritizes security, ensuring that all data, including journal entries and trading data, are securely stored.
• Custom Templates: TradeZilla allows users to create custom templates for tracking their trades, setups, and mistakes.

FAQs Related to Trading Journals

Wrapping Up on Best Trading Journals

And there you have it – the cream of the crop when it comes to trading journals. As you can see, the top platforms offer a mix of powerful analytics, seamless data integration, and robust customization to meet any trader’s needs.

Whether you’re looking to identify strengths and weaknesses in your strategy, connect with a community to share ideas, or simply track your trades more efficiently, the journals discussed today have got you covered. Personally, I’m partial to TraderSync for its AI-powered insights and TraderVue for the stellar community features.

Ultimately, the right journal for you depends on your goals and trading style. Do you want to geek out on complex performance metrics? Dive into the replay features of TradeZilla. Prefer a simple and intuitive platform? StonkJournal is clean and straightforward. Take some time to poke around the key features highlighted today, and choose the one that best supports your growth as a trader.

And remember, even the best journal is useless without consistency and honesty in logging your trades. Make journaling a daily habit and leverage these tools to take your trading to the next level. Consistent, structured analysis of what works and what doesn’t is at the core of mastery.