Hey guys, this is a *Black Friday promotional message* I wanted to share.
Full disclosure: I personally use this trading journal. There are many options out there however this one gets great reviews and is very easy to use. I'm personally happy paying for a service like this to make tracking things much easier. I have the Pro Plan. You won't need this until you're paper trading regularly / trading with real money.
Full transparency: Also, the links here are affiliate links. This means I will get a commission if you sign up for this service through these links at no extra cost to you. You do not need to use these links if you don't want to. You can go straight to the website and still get the deal. Remember they have a trial so you can always test out the service.
Here are the Black Friday Sales:
Elite: $27.98/mo (Save $623.61) – Use coupon ELITEFRIDAY
Premium: $20.98/mo (Save $347.65) – Use coupon PREMIUMFRIDAY
Pro: $14.98/mo (Save $179.70) – No coupon needed!
Why I use this journal.
Journaling your trades is something you will definitely want to do to track your performance. For me, I'm willing to spend money on a service that does this for me. You certainly don't need to, and can journal manually using a spreadsheet if you wish, however software like this does provide additional metrics. Bottom line, it's very convenient and helpful, and I'm willing to pay for that. That being said, there are other journaling services out there if you want to review / compare. This service does offer a free trial.
When you use this journal, your brokerage will autosync to the software, or you will have to upload a spreadsheet. Interactive Brokers autosyncs, and I tested it with Questrade where I simply downloaded a spreadsheet of trades for a given time period, and uploaded it to TraderSync. All the info was there so it worked well for me with 2 brokerages. So super easy to use. Again, consider the trial.
Hope this helps.