In order to improve your trading results, tracking is the first element that must be optimized. This is all about increasing the efficiency and effectiveness of your trading strategy.
Get rid of complicated spreadsheets
Now, most people are not tracking their trades at all, or, if they are, they are using a spreadsheet.
This is suboptimal for a few reasons. There are no actionable items, so you really have no idea how to improve your performance. This can mean if you’re doing something wrong, you’re going to continue doing it. Or, if you are doing something right, you don’t know that you should do more of it.
A trading journal is one of the best ways to improve your trading as it helps you to understand your metrics.
Most people are using spreadsheets, but it doesn’t provide any feedback on how to improve your performance. This is a pity because their trading income does not increase.
By using an online trading journal, you can save 2 minutes per trade by automatically importing your statistics, and can even import your entire trade history to save hours! Even if you are not actively importing your trades, they are getting synced and imported automatically. It’s also an excellent way to host screenshots to document your wins.
Easy Journaling features
To help you with optimizing your tracking systems, we have developed lots of features to make your trading easier. Learn more just below:
With an overview of all your trading accounts' last results, the FixyTrade Analytics Dashboard is designed to help you to improve your trading performance, fast.
Get an overview of your past and current trades. It's the best way to have all the information in one place and at a glance.
Connect the brokers and trading platforms you already use.
Instead of using a spreadsheet (Excel...), import your transactions automatically to save time. Welcome to trading journal 2.0.
Add your trades by hand in seconds and get precise feedback on your trading performance.