As a trader, keeping track of your trades and analyzing your performance is crucial to becoming a successful trader and increasing profits. This is where trading journaling software, like TraderVue, comes in handy. However, with so many trading tools available in the market, it can be challenging to determine which software is reliable and worth your investment. This is where the question arises – Is TraderVue legit?
In this blog, we’ll take a closer look at TraderVue and its features to assess its legitimacy. We’ll analyze its ability to import trades, automatic price charts, tagging and filtering, coaching/mentoring, chart studies, and trading analysis software. We’ll also consider the pricing options and customer support offered by TraderVue.
By the end of this blog, you’ll have a clear understanding of whether TraderVue is a legitimate and trustworthy tool for traders of all levels. Whether you’re a novice trader looking to improve your performance or a seasoned pro seeking to streamline your trading journal, read on to discover if TraderVue is the right choice for you.
Learn More About TraderVue
Tradervue is a trading journal software that was founded in 2011 by Greg Reinacker. Over the years, Tradervue has grown into a platform that serves over 100,000 traders. The platform allows traders to analyze their trades and performance to improve their skills objectively. Tradervue offers features such as auto-import, automatic price charts, tagging and filtering, dashboard, coaching and mentoring capabilities, chart studies, and trading analysis software.
In March 2021, Tradervue was acquired by SureSwift Capital, a company that specializes in acquiring and growing SaaS businesses. The acquisition ensures that Tradervue’s customers can expect the same great support that Greg Reinacker has always offered. The company has also brought on a new team to manage the product roadmap and feature development, ensuring that Tradervue will continue to grow and improve.
Tradervue’s founder, Greg Reinacker, has a strong entrepreneurial background and has been in the software industry for over 20 years. The company’s growth over the years is a testament to its legitimacy as a trading tool. With its acquisition by SureSwift Capital, Tradervue is well-positioned to continue its growth and offer traders the support they need to improve their performance.
Is TraderVue Worth It?
As a trader, keeping a trading journal is essential for improving your performance. However, it can be challenging to manage all the data, especially when you’re focused on the markets. That’s where Tradervue comes in as a powerful tool that provides enhanced journaling capabilities to help you keep track of your trading history and analyze your performance.
By using Tradervue, you’ll have access to a range of features that can help you take your trading to the next level. With its auto-import feature, you can easily import trades from your broker or trading platform, making it easier for you to keep track of your performance. And if your broker isn’t supported, you can still enter your trades manually, or import them from Excel or a text file.
Once you’ve entered your trades, Tradervue’s automatic price charts make it easy to analyze your performance over time. You can see your buy/sell points on charts across multiple timeframes, from weekly down to 1-minute, giving you a comprehensive view of your trading activity. And with its tagging and filtering feature, you can categorize your trades in any way you see fit, and then filter them based on symbols, side, tag, duration, or date range.
One of the unique features of Tradervue is its coaching/mentoring capability, which allows you to give your trading coach or mentor access to your trading data. They can provide feedback and insights to help you improve your performance, and you can see comments and have conversations with them about specific trades.
Additionally, Tradervue provides you with chart studies, so you can see the same moving averages, Bollinger bands, and other indicators that you use during the trading day. And with its running P&L charts, you can see your trade’s performance over time, and even see your running combined P&L for intraday trades.
Tradervue also allows you to track commissions and fees, giving you a complete picture of your trading performance. And with its trading analysis software, you can access a range of reports and statistics, including detailed reports and statistics, comparison reports, tag reports, advanced reports, and tick-based reports. You can even analyze your performance in terms of risk, with R-based reporting.
If you’re looking for a way to streamline your trading journal and take your performance to the next level, Tradervue is definitely worth it. Its range of features and pricing options make it accessible to traders of all levels, and its coaching/mentoring capability can help you get feedback and insights from trading experts. With Tradervue, you’ll have everything you need to make informed decisions and track your progress, ultimately helping you achieve your trading goals.
TraderVue offers a trading community where users can share their stock trades, learn from others, and receive feedback to improve their trading strategies. By sharing their trades with the community, traders can explain their reasoning behind entering the trade, their plan, and whether or not they followed through with that plan. Even if a trade didn’t work out, traders can share it with the community to help others learn from their mistakes.
Privacy is a top priority when it comes to sharing trades on TraderVue. Traders can choose which trades they want to share and which information they want to exclude. Sensitive information like P&L and share volume are not shared, and only notes, buy/sell points, and selected charts are shared. This way, traders can share educational information while keeping personal information private.
If multiple users trade in the same symbol, they can compare their notes and strategies to gain insights into how others approach trading that specific stock. By default, shared trades on TraderVue do not include P&L and volume information. However, traders can choose to share that information if they wish.
Final Thoughts – Is TraderVue Legit
After analyzing the various features and benefits of Tradervue, it’s clear that the software is a legitimate and reliable trading tool for traders of all levels. With its ability to import trades from your broker or trading platform, automatic price charts, tagging and filtering, coaching/mentoring capability, chart studies, and trading analysis software, Tradervue provides a comprehensive solution to traders looking to improve their performance.
Additionally, the company’s acquisition by SureSwift Capital, a reputable company specializing in acquiring and growing SaaS businesses, ensures that Tradervue’s customers can expect continued support and improvement. Furthermore, Tradervue’s founder, Greg Reinacker, has a strong entrepreneurial background and has been in the software industry for over 20 years, which adds to the company’s legitimacy.
If you’re interested in using Tradervue, you’ll be pleased to know that the company offers three pricing options to choose from. The Basic plan is free and allows up to 30 trades per month, while the Silver plan costs $29/month and offers unlimited trade entries, enhanced journal, advanced reporting, and risk analysis. The Gold plan costs $49/month and offers all the features of the Silver plan with added features like multiple independent trading accounts, 5 GB image storage, exit analysis tools, and liquidity reports.
Tradervue is a reliable and trustworthy trading journaling software that offers a range of features to help active traders and day traders improve their performance. With its user-friendly interface, helpful customer support, and multiple pricing options, Tradervue is a worthwhile investment for traders of all levels, and varying trading styles. If you’re interested in taking your trading to the next level, be sure to check out TraderVue – click here to get started now.