Traders,
If you’ve been following along with our posts for a while, you know I’m a huge advocate of having a solid trading plan and maintaining a trading journal. To me, these are the true cornerstones of trading success. But while we’ve talked a lot about how important it is to journal your trades and have a structured plan, we’ve never really given specific recommendations on which trading journals to use—until now.
Today, I want to highlight a company that I’ve been using personally and highly recommend: TradesViz. I’ve tried a lot of different platforms, but TradesViz stands out because it offers everything a trader could need—powerful analytics, customizable features, and, best of all, an incredibly affordable price point. So, if you’re serious about your trading, I think this is one journal that’s truly worth considering.
But before we dive into the specifics of what TradesViz offers, let’s revisit why a trading journal is such an invaluable tool.
Why Every Trader Needs a Trade Journal
The truth is, having a trade journal isn’t just a nice-to-have. It’s a must-have if you want to evolve as a trader. A trading journal helps you identify patterns in your behavior, understand your strengths and weaknesses, and track your progress over time.
Find Out What Works (and What Doesn’t): A trade journal gives you the data you need to see which strategies are yielding profits and which ones are bleeding your account dry. When you can look back and analyze your performance, you’re able to weed out unprofitable setups and zero in on the ones that work.
Reduce Emotional Trading: When you have a trading journal, it acts like a mirror, reflecting your trading behavior back at you. If you’re overtrading, chasing losses, or making emotional decisions, your journal will show you that. It’s the ultimate accountability tool.
Track Progress and Stay Consistent: Trading without a journal is like driving blindfolded. You might have a good trade or a bad one, but you have no idea why it happened. With a journal, you can track your progress, see your growth, and stay consistent in your trading approach.
I often say that trading is more about consistency and self-discipline than finding the “perfect” strategy. A trading journal helps reinforce those qualities by forcing you to be honest with yourself and your trades.
Introducing TradesViz: The Trade Journal I Trust
Over the years, I’ve tested more trading journals than I care to admit. Some were overly complex, others lacked essential features, and many were just too expensive for what they offered. That’s why when I came across TradesViz, I was pleasantly surprised.
TradesViz offers all the advanced features you’d expect from a top-tier trade journal, but at a fraction of the cost. Their platform is packed with detailed analytics, customizable reporting, and the ability to visualize your trades in multiple formats. And they’ve managed to keep the interface clean and easy to navigate—something that’s surprisingly rare in the world of trading journals.
One of the features I find invaluable is the trade visualization tool. It allows you to overlay your trades on the chart and see exactly where you entered, exited, and why. This kind of visual feedback is incredibly powerful for spotting patterns you might have otherwise missed.
For those interested in checking it out, I’m excited to share a 15% discount for our community. Just click HERE to explore what TradesViz has to offer and take advantage of the special offer by using our discount code.
Why I Recommend TradesViz
There are a few reasons why I’m confident recommending TradesViz, beyond just the features and affordability:
Affordability: I’ve seen trading journals that charge you an arm and a leg for basic functionality. TradesViz offers everything you need at a price that’s accessible for traders at all levels—whether you’re just starting out or have been in the game for years.
Customer Support: This, to me, is the real differentiator. Their live support team is available at the click of a button, and I’ve personally experienced response times that are almost instantaneous. This kind of support is rare in any industry, let alone in trading, where timely help is often crucial.
Flexibility and Customization: Whether you’re a scalper, a day trader, or a swing trader, TradesViz lets you customize your journal to fit your needs. You can track different asset classes, create custom tags, and even analyze trades based on different market conditions.
If you’re looking for a journal that has it all, from trade visualization to detailed performance analysis, and want to be treated like a valued customer, TradesViz is definitely worth a look. Again, here’s the link to get a 15% discount just for our community.
Maximizing Your Trade Journal: How to Get the Most Out of It
Okay, so you have your journal set up—what’s next? Here are a few tips to get the most out of your trade journaling experience:
Record Every Trade: The good, the bad, and the ugly. Don’t skip logging a trade just because it was a loser or because you didn’t follow your plan. These are the trades you need to analyze the most.
Include Your Emotions: How were you feeling when you entered the trade? Anxious? Confident? Recording your emotions helps you see how they impact your decision-making.
Review Regularly: A journal is only useful if you go back and review it. Make it a habit to review your journal at the end of each week or month. Look for patterns—are there certain setups that are consistently profitable? Are you more likely to lose after a big win?
Set Improvement Goals: Use your journal to set concrete goals. Maybe you want to reduce your number of trades per day or focus on only A+ setups. Write these goals in your journal and track your progress.
Share Your Progress: TradesViz allows you to share your trading progress and performance simply by sending a link, making it easy to showcase your trades with your community or get feedback from mentors.
The Bottom Line: Journaling is Key to Trading Success
If there’s one thing I hope you take away from this post, it’s that a trading journal is not optional—it’s essential. Whether you use pen and paper, an Excel spreadsheet, or a specialized platform like TradesViz, the important thing is that you’re recording and learning from each trade.
And if you’re ready to take your trading to the next level with a powerful yet affordable tool, I highly recommend giving TradesViz a try. You can use this link to explore their offerings and grab a 15% discount using our special code.
Having a plan and a journal changed my trading career. I know it can do the same for you.
As always, feel free to reach out with any questions or share your own journaling experiences. Let’s keep pushing forward and conquering these markets!
Ryan Bailey
VICI Trading Solutions