9 Pro Tips To Deal With Losses As A Trader
You probably know that you can’t win all your trades. But understanding that a winrate of 100% isn’t achievable and knowing how to effectively deal with losses are two very different things. A baseball...
View ArticleWhy You Should Only Trade One System
If you are not a profitably consistent trader by now, ditch all your strategies. Immediately. We see it in our work with traders almost every day; traders try to trade several strategies simultaneously...
View ArticleTracking Multiple Trading Accounts With One Edgewonk Journal
Did you know that you can track as many different trading accounts with just one Edgewonk version? If you have multiple accounts across different brokers or simply want to track demo and live trading...
View ArticleHow Past Trades Influence Your Current Performance – And How To Fix It
In a perfect world, we all would be making optimal trading decisions all the time and if we still ended up with a losing trade when a setup failed, we would just shake it off and wait for the next...
View ArticleEvidence-Based Vs. Hit And Miss – How To Make Succeeding An (Almost) Certainty
High performers call it “Evidence-Based Practice” or the TFAAT (try, fail, analyze, adjust, try again) approach. This way of improving and developing skills makes succeeding an almost certainty while...
View ArticleBecoming a better trader with the Friday checklist
How do you typically end your trading week? Do you just close your trading platform and spend the night in a bar or on your couch watching movies? If this describes your post trading routine, there is...
View ArticleWhat’s new in Edgewonk 1.7
We are excited to release Edgewonk 1.7 today. We made a handful of improvements, added one complete new feature and improved usability. The list below shows you what is new: [New feature] Sessions...
View ArticleAn introduction to the new Sessions feature – Advanced performance review
The Edgewonk Sessions feature is the perfect synergy between statistics-based journaling and psychological journaling. The Sessions sheet helps traders make their journaling much more effective by...
View ArticleIf you want to succeed you have to do the right things at the right time
Traders usually go through the same phases and take the same steps on their journey to, hopefully, becoming professional and consistently successful traders. We at Edgewonk know about the importance of...
View ArticleHow To Improve Your Performance Analysis To Immediately Become A Better Trader
When traders analyze their past performance, searching for ways to stop performance leaks or to identify other ways to improve their trading, there are usually a few things that most overlook. Flaws in...
View ArticleThe Tiltmeter Helps You Build Discipline And Holds You Accountable
All traders know that emotions and discipline are very important influencing factors. Just think about your own trading for a moment and ask yourself how your equity graph would look like if you were...
View ArticleHow to optimize your trade management to become a better trader
if you are not working on your trade management approach you are leaving A LOT of money on the table. From our experience, and from working with hundreds of traders, we know that wrong trade management...
View ArticleHow To Grow A Small Account With The Edgewonk Trading Journal
Trading and growing a small trading account is not easy but not all traders can just fund a big trading account right from the start. At Edgewonk we are aware of that problem and that’s why we created...
View Article4 tips for tracking trading data if you want to become a better trader
“It’s not enough to simply measure things – you have to measure what matters” – Waren Buffett as quoted by Tim Ferriss. Financial markets are highly complex and constantly undergoing changes. Add to...
View ArticleAre you ready to take responsibility for your trading? Advice on how to...
We receive wonderful feedback on a regular basis, and we would like to thank you for that. Today we will talk about one email in particular where one of our users perfectly described how we intended...
View ArticleEdgewonk’s 2.0.19 Patch-Fix Update
You might have noticed it but we just released a new update yesterday (June 12th). The mid-June update is the newest 2.0.19 version of Edgewonk and we did not introduce any new features in this...
View ArticleThe 4 Stages Of Profitable Trading – How To Survive And Thrive In The Markets
We have followed thousands of traders over the years and noticed that they almost all go through the exact same 5 stages. In psychology, it’s often referred to as the “conscious competence ladder” and...
View ArticleThe 3 Pillars Of Profitable Trading – 3 Steps To Consistent Profitability
After years of engaging with hundreds of traders, we have seen that most traders feel overwhelmed and do not really know where to get started when it comes to improving their trading skills. There are...
View ArticleEdgewonk’s July Update – 2.0.22
The newest Edgewonk update has just been released and here is what is new: Screenshots in the Chartbook will now scale with the window New time of day filter: filter your trades by hourly intervals...
View ArticleHow To Use Edgewonk From A Cloud Drive On Different Computers
If you want to access the same journal from different machines, you can do that by using DropBox. Important: Do NOT use any other cloud drive service such as oneDrive, Google Drive etc. Those...
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