Has anyone used this for journaling their crypto trades?

[death69]

I've never heard of EquityGuard. My go-to for journaling crypto trades? A personalised Excel sheet - easy to use, but powerful! Why add more complexity with flashy apps? The importance of keeping a log of trades cannot be overstated. But an app? I have my doubts. Does it provide something novel that a well formatted spreadsheet cannot? I'm not convinced. Not the technology itself, but the discipline, analysis, and self-reflection involved in journaling are what truly make it valuable.

Sure, social media traders specialising in forex have extravagant tools and applications. However, the situation is distinct when it comes to cryptocurrency. Our playgrounds are uncertainty and volatility. Although an app might make things easier, can it really handle the fluctuations and subtleties of cryptocurrency trading? I'm not sure. It is the trader's skill, not the tool, that matters. The real action takes place there.

Good luck 

[1715156844]

1715156844

[1715156844]

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[Jeremy-Whites]

Back, as i said few weeks ago, ill write back after a while. So far I've been using it for about 2 weeks. Decided to start a new and avoid past trades. Ticks many of my needs right, and once you get some data going into the journal the statistical functionalites do help a lot. The link between your strategy and actual trades and % of how close you are following your rules is really a gem for me. Turns out I'm way off of my strategy from what I would have normally considered, and I've already made some fixes to my entries. The emotion meter, while interesting at first is not that helpful for personal assessment but I've never really had a problem with keeping a cool head while trading, guess it's my personal blessing in a way.

To be honest all of that could be coded into an Excel sheet, but doing a comprehensive trading journal on your own, while doable is not easy or quick, and all the better templetes I've come accross aren't free either. For now I'm sticking with it, and can't really complain.

[Friedbert]

yes I have and if you havent started journalising your crypto trades you should it basicaly keeping track of all the trades you take there is nothing complicated

[Assface16678]

Well, I do my own journaling or every trade that I do I write it or record it in my spreadsheet or excel, I've created an excel spreadsheet so that I could record and track all of my trade history, yes there are easy journaling website or software out there, but I'm more comfortable on using my own excel that I have created and it is more convenient for me as I'm the one who build it, so if you can do a simple excel or anything that you can record your trades or what then you should do one that will be suitable for you because I think it is more safer than using others journaling software or website. Anyway we all have different preferences if for others theh already have journaling then its fine bur for those who can make their own then do so, so that it will be more convenient for you.

[Natsuu]

Well, I do my own journaling or every trade that I do I write it or record it in my spreadsheet or excel, I've created an excel spreadsheet so that I could record and track all of my trade history, yes there are easy journaling website or software out there, but I'm more comfortable on using my own excel that I have created and it is more convenient for me as I'm the one who build it

But still there is an advantage for journaling with external softwares and apps like Tradezella and for backtesting would be TraderCasa. What's good thing is that there's a market replay of the chart of every trade. So you can really investigate every trade you take every for the whole trading week even it's in lower time frame.

Journaling would have a great benefit because you can evaluate your trading. Which trades should not be taken, which traded should be traded with bigger and smaller lot size position. And best of all, your journal is better than any paid courses because it's your own study of the market.

[Volimack]

Along with keeping everything to yourself, keeping a trading journal has many benefits a trading journal helps you keep track of your trades and trading progress and helps you become a more efficient trader by learning where you do well and where you do less well and mistakes are easily caught. This way you can focus on what you are best at and see where you need to grow. It provides a safe personal space for expressing emotions dealing with challenging situations and expressing suppressed feelings.

[batang_bitcoin]

Are you guys journaling your trades? 

Along with keeping everything to yourself, keeping a trading journal has many benefits a trading journal helps you keep track of your trades and trading progress and helps you become a more efficient trader by learning where you do well and where you do less well and mistakes are easily caught. This way you can focus on what you are best at and see where you need to grow. It provides a safe personal space for expressing emotions dealing with challenging situations and expressing suppressed feelings.

While that's true, but most of the traders that I know including myself just use a spreadsheet for most of it. I haven't used the one indicated by OP but if any software or app that's helpful for your trades and keeping of track, you should continue using that to see your progress and if you're doing good or not.