Hi, I have just bought Edgewonk today and have never 'properly' journaled for trading before. I trade Forex and CFD's (Indices) only. This video raises a question for me, should I create two journals (1: Forex, 2: Indices), or just use the one journal and create a custom metric? Thanks in advance. Oh, btw, great work, it's a brilliant journal ( I looked at a lot of others before buying this).
@Edgewonk2 күн бұрын
Hello and welcome to Edgewonk. If you trade both markets in one broker account, it might be easier to journal them in one journal. If you have 2 broker accounts with different currencies or different balances, it is best to separate the two markets to not skew the data.
@maarrsseelli4 күн бұрын
I really like Jared and what he has to say. Thank you for bringing him on.
@zentrader17344 күн бұрын
Nice work! Great guest. Jared has some of the most well refined methods in the space.
@Edgewonk5 күн бұрын
Do you want Jared to review your Edgewonk journal? Then submit your review request here: edgewonk.com/review
@senat98545 күн бұрын
Thank you for the good review. Please tell me is there a Russian language?
@Edgewonk5 күн бұрын
Glad you liked it. No, there is only English.
@marcelgabor43836 күн бұрын
Ganz lieben Dank für das Video. Das Video hat mir geholfen, mein eigenes Journal besser auszuwerten :)
@remickn10 күн бұрын
thank you, guys
@zentrader173410 күн бұрын
Super interview! Grüsse!
@teilafaumuina502011 күн бұрын
Has this changed / removed the feature for duplicating journals?
@Edgewonk11 күн бұрын
No. The duplicate journal feature is still available in the same place when you open the journal overiew. Next to each journal you find the duplicate button.
@teilafaumuina502010 күн бұрын
@@Edgewonk Hmm I can't find it anywhere...
@bh407ems13 күн бұрын
Is Mac supported?
@Edgewonk13 күн бұрын
Of course. Edgewonk is a cloud platform and runs in your browser. It works on all latops, computer, tablets.
@Mehedi-Hasan0014 күн бұрын
Tradeciety?
@jimbobla15 күн бұрын
When Yvan talks about embracing uncertainty, I think this is what he means if I can boil it down, for example on your 10th consecutive losing trade you can look at the situation with curiosity and wonderment rather than the negative connotations : "Observing uncertainty with curiosity" means approaching situations where the outcome is unknown with an open mind and a desire to learn, actively seeking to understand the possibilities rather than feeling anxious or threatened by the lack of clarity; essentially, seeing uncertainty as an opportunity for exploration and discovery instead of a source of stress."
@Bridger9515 күн бұрын
I don't know if this is possible but would it be possible to incorporate some sort of AI that can help interpret the data in the chart lab and make suggestions for improvements? Also, had a another idea that it would be cool to see a graph of some kind when looking at the calendar reports to see how I'm doing on a week to week/month to month basis. Thanks guys!
@tonylyons710415 күн бұрын
There has been a recent change to Edgewonk that I do not agree with. On a long trade, it will no longer allow me to enter a stop price higher than or equal to my entry price. This is undesirable to me because, on profitable trades, I will sometimes move my stop to breakeven, or even to a profitable price if the trade does well enough. The same issue applies to short trades, too. Please take this change out, or give me an option to turn it off.
@Edgewonk15 күн бұрын
The SL and TP prices in Edgewonk always have to be the initial price levels which our documentation is stating for years. If you have a BE stop, it will incorrectly skew your RRR and R-Multiple, making the analytics (which are most) useless. All RRR and R-Multiple related features will not work. Plus, Exit Analysis graph will not work. This change has been made so that our users are guaranteed to get the correct results. If you have a SL at BE or ABOVE your entry, you have mathematically no risk in the trade , making all calculations incorrect. With a BE SL, RRR will always be 0 and R Multiple will be infinite for all winning trades.
@baz72 күн бұрын
@@Edgewonk I agree with your comment, but I too like to move my SL up to BE quickly and then take my chances of it being hit. My hope for each trade is that I enter when the price has momentum in my favour and the price does not move at all far toward my SL before it goes into positive territory (and I can move stop to BE). By quick I mean within 5-10 minutes of entry in a typically 20-60 minute trade. How best would I indicate a trade that does go well? (only small move against before quickly allowing me to move to BE) Would I use a custom metric for this? How? (hope this helps @tonylyons7104 too)
@23Firejet18 күн бұрын
Do post more of this, this will tremendously help a lot of discretionary traders!
@higherstateoffx18 күн бұрын
The best keeps getting better
@sungadpuyu18 күн бұрын
Nice this is awesome, also I really like the notifications features that reminds you on the recent trades.
@gbeytel18 күн бұрын
This is great. Well done. To add on to the request by Pulse about the multi checkboxes for entry comments. I was wondering about a multi select option for strategies, because often we look not only at multi timeframes (this is already possible to select if timeframes are loaded under custom statistics), but one also uses a combination of strategies together, like a moving average cross over together with a FVG or a resistance zone etc... One more suggestion more on the actual topic of portfolio's - it will help a lot to be able to copy a journal entry from one portfolio to another, because one often duplicates the trades on different platforms. Thank you for an amazing journal platform. Keep it up.
@Edgewonk18 күн бұрын
Yes, multi select for trade comments is coming soon. Regarding multi-selet for setups, you can use the Custom Statistics now. They are intended to do what you described. Copying trades across journals is a good idea. We will see if this is something we can implement.
@Pulse-l7f18 күн бұрын
please make the trade comments multi select checkbox when you adding a trade, like in the custom statistics so the tiltmeter and the other analytics will be calculated by multi factors not only 3 factors. let say i have a perfect entry plan comment as my entry comment but this plan has multi rules sometimes i enter a trade without all the rules has been respected, if there is a multi selection box i will list all my entry rules as entry comments separately and i will know exactly which rules each time i use that entry comment and collect stats on it and analyze it. like in the trade entire comment i have multi factors as positive and some of them are negative when i enter i trade i wan to journal all those factors not only 1, that way the tiltmeter will be calculated on average between let say 5 factors 3 positive and 1 neutral and 1 negative i hope you understand what i mean, all this can be also on trade management and exit comments, please add it or let me know if i can do this in another way it will be very helpful I'm sure a lot of traders waiting for this, also please add more fucus on adding crypto exchanges and auto sync trades on these crypto exchanges i appreciate you guys, thank you.
@Edgewonk18 күн бұрын
This will come soon!
@Proman_FX18 күн бұрын
Cant wait for the day you'll implement backtesting feature like in TradeZella. Thats the only thing lacking in this impressive app. Great work though 👏
@Edgewonk18 күн бұрын
Backtesting will not come to Edgewonk. There are so many dedicated backtesting platforms out there that make a great job. We focus purely on journaling with Edgewonk.
@maarrsseelli19 күн бұрын
Thank you for the interview
@maarrsseelli19 күн бұрын
Well dang moritz didn't know you're 20 years deep in trading. I'm 2.5 years in and feel like its been 10
@maarrsseelli20 күн бұрын
Moritz are you talking about Amrit Sall as "the sniper" ?
@ialatawi26 күн бұрын
Almost perfect platform; if you consider adding position sizing based on risk percentage of the capital. Immm another easy task is fees calculation for each transaction.
@Edgewonk25 күн бұрын
Hello, thanks for the compliment! All of this is done automatically when you import your trades.
@rlw283628 күн бұрын
Also, does it show the equities chart with entry, exit, SL, etc?
@rlw283628 күн бұрын
I just signed up. For risk can I setup a default amount? ie. if I am risking $100 per trade can I add that so Edgewonk auto calculates the take profit and stop loss price
@Edgewonk28 күн бұрын
Hello and welcome, you can reach our technical support here edgewonk.zendesk.com/hc/en-us/requests/new
@Kris_413Ай бұрын
Yvan reminds me of 'The Professor' from Money Heist, he speaks like him, adjust his glasses like him 😅and seems to be just as informative and detailed as well. Excellent video, thank you for the insight gentlemen.
@EdgewonkАй бұрын
How did you like the podcast with Yvan? What are questions you'd like us to ask him next time when he have him back on?
@jimbobla16 күн бұрын
Great podcast - thanks guys
@Proman_FXАй бұрын
As a feature request, could you introa grey mode for those who cant stand too much light and too dark. A balanced mode can be very helpful.
@ameyrathod9924Ай бұрын
Thankyou for reviewing my journal, I'll take your advice and improve my mindset
@EdgewonkАй бұрын
Thanks for submitting! It was a really interesting review and if you want to do a follow-up review when you pass your challenge, just reach out again.
@ameyrathod9924Ай бұрын
@Edgewonk yes I will, although you missed put a very important part, that is I have passed the phase 1 and the drawdown happened after phase 2, may be you can have look whenever you are free, thanks for the review really appreciate you man❤️
@EdgewonkАй бұрын
Congrats on passing. The takeaways from the journal review don't change, though, and hopefully they help you to move forward with a clearer plan.
@ameyrathod9924Ай бұрын
@@Edgewonk yes🫂
@proku.Ай бұрын
really helpful! Thank you!
@irf1897Ай бұрын
So frustrating, why wouldn't they automatically include snapshots or interactive charts from each trade you've made.
@EdgewonkАй бұрын
Hi there we didn't include this feature for two reasons: 1) Usually traders have their custom chart setups with indicators drawing tools, drawn levels, etc. Pulling in a "naked" chart wouldn't help a lot. 2) The feature would increase the cost of an Edgewonk subscription a lot (because of the cost of live data feeds) and we don't believe that it would provide added value to our customers because of reason (1)
@irf1897Ай бұрын
@@Edgewonk Appreciate your response. IMO automatically pulling in a chart with entry and exit points is one of the primary things I'm looking for in a journal and I would happily pay more for this functionality. If it was pulling in a tradingview chart, a user would be able to save a set of indicators which would appear on every chart, like moving averages for example.
@irf1897Ай бұрын
Edgewonk looks great btw
@ccmtrading9914Ай бұрын
If you create a session without all of the trades inputted. When you add all of the trades for that session period, will EW automatically populate with the added trade info?
@EdgewonkАй бұрын
yes, Edgewonk will pull it in the trades that are in the date range of the session
@nwclinaАй бұрын
When I open the missed trade analysis on a specific ticker, and made any changes e.g addition reflection under the notes. The trade will take as as a negative PnL under the analysis which we are forced to enter the exit value in the missed trade journal.
@EdgewonkАй бұрын
Correct. You need to enter the P&L of the trade that you enter as missed trade.
@trading-yassine-k8xАй бұрын
So you're telling me my mentor has to pay $169 just to see my trades?
@EdgewonkАй бұрын
Hello, that is correct. Both users need to have an Edgewonk account in order to share journals between them.
@AlexHonnold-t8yАй бұрын
how many account add for one subscription
@EdgewonkАй бұрын
Hello Alex One subscruption is limited to one person. But you can create multiple journals with your subscription.
@Morphix123-d8cАй бұрын
If it is a FULL TP win, can i ignore the 'OTP Hit' part ? also can i check what is the one beside it called 'Break Even' and get an example of how i can use it? An example i am thinking is if it is a 2:1 trade and if for all my trades i plan to go BE if the trade hits a 1:1, and i got out early due to my own trade management rules and realized a loss of -0.5, but if i were to not manage the trade, the trade would have went to 1:1 -> i would be at BE -> price to reverse back to my BE point and trade would ended in a BE. Is this example correct ?
@Kris_413Ай бұрын
This is why I love Edgewonk and will forever use their journal. I appreciate all these videos that you guys share with us to improve as traders. Its greatly appreciated!
@GuillermoFloresTraderАй бұрын
Hello, Does Edgewonk calculate the risk of ruin? thank you
@EdgewonkАй бұрын
Currently it does not but we will include it.
@CriminalMindsQuotesАй бұрын
man wtf what year is this. I wanted to buy it but only allowing mastercard creditcards etc is so stupid... i dont pay for money on debt and here in holland we dont really use cards like that. Why no paypall or ideal option?
@omkartadse78122 ай бұрын
is this software compatible with zerodha (indian broker )
@Edgewonk2 ай бұрын
Yes, it is! All supported platforms are listed here: edgewonk.com/import
@danielbeck62192 ай бұрын
really interesting, thank you👍 I've compared different journals in detail over the last few days and I really like Edgewonk but please could you add more custom stats. For me 20 is just a bit too less to track my strategy in detail and to even add other things on top. Maybe something like 30 stats would be fine. I'm sure other OTC (Online Trading Campus) Students like myself would much appreciate more custom stats. Maybe have a chat with Moritz. Anyway have a nice evening :-)
@Edgewonk2 ай бұрын
Hello Daniel, thanks for your feedback. You can add multiple criteria into one Custom Statistics as well. This is what a lot of users do and you can get way out of the Custom Stats as we don't have plans to add more in the foreseeable future.
@kubaaaaaaaa2 ай бұрын
Any black friday deals?
@Edgewonk2 ай бұрын
In almost 10 years, we have never done a sale. We priced Edgewonk fair from the beginning so that we don't need to make deals. Edgewonk is one of the cheapest journals with the most journaling features :)
@RavenRaven-se6lr2 ай бұрын
How much does it cost to- looks clean
@Edgewonk2 ай бұрын
Hi you can find our pricing here: edgewonk.com/pricing
@proku.2 ай бұрын
this is so helpful! Thank you!
@Edgewonk2 ай бұрын
Glad it was helpful!
@joergt62992 ай бұрын
Any black friday promo coming up? Cheers from Germany, Joerg
@Edgewonk2 ай бұрын
Hi we don't do promos and sales ad our pricing is already the cheapest in the industry :)
@EntertainmentSnips-i9d2 ай бұрын
Is it possible in the future to be able to share a pdf version with maybe an image and entries of a trade to non edgewonk users. I am in a discord group where I need to post my trades. At the moment I have do Notion and Edgewonk.
@Edgewonk2 ай бұрын
Great idea. Noted for a future update!
@Dr-Rob.2 ай бұрын
@Ironboots1233 ай бұрын
Success or failure is determined by what’s going on in between my ears 😂 Bad habits must be broken 🛎️
@Andrea-lq8so3 ай бұрын
Great insight & help. One to watch over! Thank you!