A trading journal is an important tool to improve your stock trading and identify which mistakes you are making to boost your performance.
Analyzing data such as your position sizes, P/L, setups, and biggest wins will help you optimize your trading and become more profitable.
Perhaps you make more money trading penny stocks or large cap tech stocks? Do you perform better buying breakouts after earnings or buying morning dips?
The only way to know for sure is to track your trades using a trading journal software tool.
Tradervue is a free stock trading journal platform that I’ve been using for a few years to import my trades and see how I’m performing.
The company was founded in 2011 and offers both free and paid trading journal plans for stock, options, futures, and forex.
As of now, you cannot import crypto trades in Tradervue so check out my list of crypto trading journals if you are trading cryptocurrency.
Pros and Cons
- Import trades from over 60+ brokers
- Import up to 30 traders per month for free
- Cool profit/loss charts
- Doesn’t support cryptocurrencies
Tradervue offers 3 subscrption plans for users. Here’s a quick list of them along with the price:
- Basic Plan: Free (Up to 30 traders per month)
- Silver Plan: $29 per month (Unlimited trades)
- Gold Plan: $49 per month (Unlimited)
For most traders, signing up for the Silver plan is the best overall deal. It really depends on how many trades you make per month. If you are just swing trading a few stocks per month then go with the free plan.
Importing traders is really simple and easy to do. Just log into your account and click “Import Trades” on the far right. You can select your online broker and follow the instructions to import your trades.
Alternatively, you can paste your trading data directly into the browser although I never use this option. Broker import works fine for me and I’ve imported data from Fidelity and Robinhood with zero issues.
Every day, Tradervue shows you a breakdown of your trades, total volune, a P/L. You can write custom notes or create a custom trade as well.
Unfortunately, you cannot view advanced running charts on the free plan so subscribe to a Silver or Gold plan for more featurs.
The reporting section is the most comprehensive part of Tradervue’s platform. This is where you can view and analyze multiple data points surrounding your trading.
The Community tab lets you view charts from other traders to see what your peers are doing. This is also a good way to find stocks to trade too.
Tradervue is a helpful stock trading journal platform with lots of useful data on your trading. The only downside is that it doesn’t support cryptocurrency.