Edgewonk Trading Journal: Is it Worth it?

Edgewonk Trading Journal

So, you’re thinking about starting a trading journal and heard about Edgewonk Trading Journal, but you’re not sure if it’s the real deal or just a scam.

Don’t worry. You’re not alone! We’ve all been there, trying to sift through the endless sea of products, searching for the one that actually delivers.

But the good news is that you’ve come to the right place!

In this article, we’ll dive into the world of Edgewonk Digital Trading Journal and determine whether it’s worth it.

So, buckle up, and let’s get ready to separate the wheat from the chaff.
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What is Edgewonk Trading Journal?

This powerful trading journal is the secret trading system you need to boost your overall trading performance.

As a fellow trader, I know the importance of tracking and monitoring your performance for success. And let me tell you, the way you collect your data is key.

Some people prefer to keep it old school with an excel sheet, while others want the latest technology.

But why choose when you can have both?

With Edgewonk, you get a comprehensive all-in-one platform that provides in-depth analysis tools and trading strategies to break down your performance, planning, and trading behavior.

Importing Trades

Do you know what separates successful day traders or active swing traders from average ones? A comprehensive and efficient way of tracking their performance. And that’s exactly what Edgewonk does for you!

As a professional trader, you can either import your trades through broker import files (usually in the form of a CSV file) or enter them manually. No matter how you choose to do it, you’re good to go as long as you get the key trade data in.

Plus, you can always add your own custom statistics and comments to make the experience even more tailored to you.

With Edgewonk, you can manually enter any variable you can think of, and the software will turn out statistics that show the relationship between your performance and that specific variable.

Edgewonk helps you find what works best for you.

EdgeWonk Trading Journal Features

  • Trading plan

You can be ahead of the game with Edgewonk’s Trading Journal! With its trade plan feature, you can plan your moves before the market opens.

Just input your entries, exits, and the reasons behind each trade, then come back later to mark the outcome.

Edgewonk will use this information to give you stats on the success of your trade plans and what setups you should focus on in the future.

  • Missed Trades

If you ever miss a trade, don’t worry! Edgewonk has got you covered with its “Missed Trades” tab. This will help you keep track of missed opportunities that could have impacted your profits.

With this feature, you’ll be able to identify any areas in your trading history that need a little extra attention or even find ways to improve what you’re already doing.

  • Reflect on past trading sessions

Have you always wished you could go back in time and remember all the lessons you learned from your past trades? Well, with Edgewonk Trading Journal, you can.

This amazing software has a tab where you can reflect on each of your trading sessions and jot down notes, comments, and lessons learned. Plus, you can tag keywords to make it even easier to categorize and review later on.

As soon as you open Edgewonk, your most recent reflections will pop up on the main page, reminding you of the valuable insights you gained.

  • Trade simulator and chart-book

With their amazing Simulator function, you can get a sneak peek of how you could perform based on your current stats.

Just imagine – the software will graph up to 50 different scenarios, showing you what could happen with your win rate, average winner, and loser over X amount of trades. You can even experiment with your hand-picked stats for some extra fun.

And let’s not forget about the Chart-book tab! It’s like your own personal photo album for your charts and trades. Simply add your favorite charts and trades, and voila! It’ll be organized into neat little folders for you to flip through at the end of the week or month.

How Much Does Edgewonk Trading Journal Cost?

You know what they say – invest in yourself, and that’s exactly what you’ll be doing with EdgeWonk Pro.

For just $169 (or $14 a month), you’ll get a year’s access to all its amazing features.

And if you use our special Edgewonk coupon code, you can save even more and give it a test drive before committing to the full year.

But don’t worry; there’s no pressure – once you’ve signed up for Edgewonk, you can cancel at any time (although your subscription will still be active for the full year).

So you can kick the tires, see if it’s the right fit, and only be committed for a minimum of one year.

Is EdgeWonk Trading Journal Worth it?

Edgewonk trading journal is hands down one of the best simple trading journal tools out there for traders of any skill level. And the best part? It’s only a one-time payment of $160 for an entire year of use. Talk about a steal.

With Edgewonk, you’ll have access to a wealth of analysis tools that’ll help you easily review your trades, setups, and performance. It’s the perfect tool to help you plan, execute, and keep track of your progress.

Whether you’re just starting or a seasoned pro, journaling and reviewing is a must-have in your trading toolbox. So what are you waiting for? Sign up now and experience EdgeWonk with a free trial.

Save $10 on Edgewonk with our Exclusive Coupon Code: MODESTMONEY
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Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. Also check out his contributions to Equities.com and Benzinga.

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