The profile summary offers a fast and effortless means to assess your current standing for the epoch regarding your fees, wallet balance, affiliate commissions, and projected rewards.
Gain valuable insights into your trading with comprehensive statistics that reveal what's working and what's not. Have you ever wondered about your most lucrative trading session? Find out today with just a few clicks.
Made with love
Thanks to dYdX grants, a team of skilled tech entrepreneurs from Sydney, Australia, was able to create this exceptional trading journal.
Why do I need to enter my API key?
API keys are unique identifiers that allow secure communication between different systems. Your API key grants access to view your dYdX account information and trades.
What is a trading journal?
A trading journal is a record of a trader's past trades, including details such as the coin traded, the entry and exit points, the type of the trade, and the outcome. It is used for self-reflection and analysis to improve future trading decisions.
What are the benefits of using a trading journal?
- Allows traders to track their performance and identify patterns in their trading.
- Helps traders to reflect on their past decisions and learn from their mistakes.
- Allows traders to identify and overcome any emotional biases impacting their trading.
- Can also be used as a tool for risk management and to develop a more structured trading plan.
Is a trading journal effective?
A trading journal can be a very effective tool for traders serious about improving their performance. By keeping track of their trades, traders can identify patterns in their behaviour and make adjustments to improve their results. Additionally, a trading journal can help traders to manage risk and make more informed decisions. However, it's important to note that a trading journal will only be practical if the trader consistently uses it and reflects on the information recorded in it.
What statistics will I see?
Largest winning trade | Largest losing trade | Average winning trade | Average losing trade | Average holding time | Maximum drawdown | Trading expectancy | Payoff ratio | Average holding time/winners | Average holding time/losers | Most profitable session | Most profitable day | Largest number of consecutive wins | Largest number of consecutive losses | Average number of consecutive wins | Average number of consecutive losses