Good question. We believe there is a good reason why you don’t want to do that.
The truth is – you might have you historical trade data form your trading platform already, which is great. However, what you don’t have with that is data on the state of your psychology for entering that trade, mistakes you made and your discipline for following your strategy for each trade.
The is the whole point of a trading journal is to track your psychology BEFORE you place a trade. So you can look back after a trade is placed and understand what you did wrong. Your trade data from your trading platform or spreadsheet might not really provide this.
Many people ask this because it’s features they have seen from other “journals” out there which primarily only derive trading statistics rather then psychological state. We don’t think this improves your trading at all (read more).
We do, however, provide you with detailed statistics once you start journalling with our journal. Statistics like win rate, drawdown, equity charts etc. are all provided with the ability to run custom reports. To learn more click here.
Some of you may have been using a spreadsheet to track your trades all this time, which is great too. But once again, there are aspects such as discipline which may have no been fully captured.
We recommend starting fresh with your trading on the Trading Consistently Journal. Tweak your Trading Consistently Journal to your precise needs and use the discipline and psychology enhancing features and see how well that works for you! We’re so confident in the results that we give you a hassle free money back guarantee.
Regardless, if you wish to have this feature, let us know what you use it for – Contact Us and let us know about it!
Thanks for the response Sow. Do most of your users input all the trade data before they enter the actually trade? I usually write down the details and input it into whatever software or Excel sheet I am using.
Hey Sukhtej,Great question. I wish to clarify. While we don’t support trade importing – however – we do support trading statistics once you start journalling. What that means is that once you start journalling with our journal we give you all the details of analytics reports you need to understand your trading performance (such as Win rate, drawdown etc.) with the ability to run custom reports. To find this first click on your journal and then click on ‘Analytics’ and ‘custom reports’. What we suggest is that you don’t get concerned about your previous trading history as you most likely don’t have any psychological details there. Start fresh with discipline and consistency in mind and the journal will help you understand what the true profitability of your system and your psychological errors.I will also clarify that in the response above. Thanks.
Also I started off using one of your competitors and now want to switch to you moving forward so I may just end up using your service in conjunction with what i do already.
Hi Sow, this is interesting. I do agree that psychology is a vital aspect. However how can you learn how far you have come without analyzing the past?