Are you searching for one of the best trading journals that offer more than just tracking your trades?
Something that also lets you connect with other traders? Well, you might have heard about TraderVue. This platform has a comprehensive trading journal and social media features tailored for traders like you.
In our TraderVue review, we’ll explore the ins and outs of TraderVue, helping you decide if it’s the right choice for managing your trades while also connecting with fellow traders.
Alright, let’s have a look at TraderVue, where trading journals meet social media.
TraderVue Features
TraderVue provides an extensive selection of features aimed at assisting traders in monitoring and evaluating their trades, such as:
1. Importing Trades
TraderVue offers the convenience of importing trade data from various brokerages and trading platforms.
Additionally, if your platform isn’t supported, you can always import trade data using a spreadsheet or manually enter the trades.
2. Personalized Notes & Tags
With TraderVue, you can easily add custom notes to every trade you make. This is perfect for recording your thought process, emotions, the trading setup you were following, and any other relevant details.
Furthermore, you can write notes about an entire trading day, allowing you to reflect on the day’s performance.
Tags can also be added to any trade, which is incredibly useful for identifying trades based on specific setups or categorizing them based on emotions or mindset.
Tags also allow you to provide more detailed information about the sub-industries you prefer trading in.
3. Auto-Generated Charts
One of the standout features of TraderVue is its ability to automatically generate charts for multiple timeframes, complete with marked trade entries and exits.
This visual representation makes it much easier to review past trades and remember the specific setup you were targeting.
These automatically generated price charts are a significant advantage of using TraderVue. They eliminate the need to switch between your trading journal and charting platform when you want to visualize past trades.
Plus, seeing your trades plotted on charts can help you better understand the strengths and weaknesses of your strategy.
4. Journal Filtering
With TraderVue, filtering trades becomes a breeze. You can sort trades by symbol, trade type (long or short), trade duration, date range, and trade tags.
The ability to quickly organize your historical trades is essential, as it can help you uncover valuable trends within your data.
5. Trade Analytics
The heart of TraderVue lies in its trade analytics capabilities. The in-depth data analyses offered by the platform help you recognize trends in your trading history, enabling you to make strategic changes to increase your profits.
You can filter this data by various factors, such as the day of the week, stock type, and more. This flexibility makes it easy to examine your trades and segment your data in the best way for you.
The reports generated by TraderVue can provide valuable insights, especially for active traders looking to improve their profitability.
6. Tag Reports
TraderVue also keeps track of profit and loss on trades based on the tags you create. When used properly to label trades, TraderVue can quickly help you spot trends in your trading and make informed adjustments to your strategy.
7. Sharing
The platform makes it easy to share your trades with other users. You can explain the reasoning behind a trade, discuss your plan, celebrate successes, or reflect on losses.
You can also make any trade private or decide whether to share profit and loss details for each trade.
While the social aspect of trading can benefit accountability, it’s essential not to focus on what other traders do.
TraderVue Pricing
TraderVue offers three account tiers: Basic, Silver, and Gold.
The Basic plan is free and provides an impressive range of features compared to most free trading journals.
While some essential features are exclusive to paid plans, traders looking for a basic, sharable trading journal will likely be satisfied with the free plan.
The Silver plan, priced at $29.95 per month, grants access to some of the platform’s proprietary journaling tools and the ability to log unlimited trades.
The Gold plan will cost $49 per month. This plan gives you risk analysis tools, additional reports, more cloud storage, and exit analysis, setting it apart from the Silver plan.
TraderVue Alternatives
TraderVue is a great trading journal, but it’s understandable if you’re looking for alternatives or if it doesn’t suit your needs. Luckily, there are some excellent alternatives to consider.
Edgewonk is one such option. It is a trading journal that comprehensively analyzes your trading performance. It provides insights that help you optimize your trading strategy.
Another option is Trademetria, a trading journal with advanced analytics and performance-tracking tools. It lets you gain valuable insights into your trading strategies and make data-driven decisions.
TraderSync is a platform tracking and analyzing trades and various integration options to connect with popular brokerages.
Pros of TraderVue
- Comprehensive reports and analytics
- Charts with entry and exit points for every trade
- Competitive pricing and a feature-rich free plan
- User-friendly, web-based platform
Cons of TraderVue
- Recurring subscription pricing
- Reports have limited customization options
Is TraderVue Worth It?
So, you might be wondering if TraderVue is worth it. That ultimately depends on your goals and what you need as a trader.
For active traders searching for a comprehensive platform to monitor and evaluate their trades, TraderVue is one of the best trading journals. It might be just the ticket.
TraderVue offers a user-friendly and thorough trading performance tracking and analysis tool worth exploring if you’re an active trader aiming to boost your performance.
If it’s time to level up your trading game, why not try TraderVue?
Click here to sign up to keep tabs on and assess your trades like a true professional.
