How to Develop Your Own Trading System Step by Step
Creating a personalized trading system is essential for consistent long-term profitability. However, developing a strategy isn’t just about crafting...
We’re excited to announce the release of Edgewonk’s latest feature—automated analysis! This innovative addition to our trading journal aims to help traders gain deeper insights into their performance, allowing for smarter, data-driven decisions that can elevate trading results.
So, what’s new? Edgewonk now offers real-time analysis of your trading journal data, giving you instant notifications tailored to your trading behavior and performance. By analyzing specific parameters from your trading data, the system proactively alerts you to important trends and habits, helping you stay on top of your trading game.
There are two types of notifications in this new feature:
1. Real-Time Notifications: These pop up as soon as you input a new trade, giving you instant feedback on critical moments in your trading. Whether you’re experiencing a losing streak, mishandling a trade, or breaking your trading rules, Edgewonk will notify you right away. On the flip side, it also highlights positive developments, such as when you’re on track or improving your performance. These real-time alerts help you quickly adjust and adapt, minimizing mistakes and reinforcing good habits in the moment.
2. Weekly and Monthly Notifications: To complement the real-time feedback, Edgewonk also offers deeper insights through weekly and monthly notifications. Every Monday and on the 1st of each month, the system delivers a performance summary. You’ll get information on your best-performing setup, most profitable trading day, shifts in your win rate, and how efficiently you’re following your trading plan - among many others. This allows you to track progress, spot trends, and identify areas for improvement on a broader level.
And this is just the beginning! Over the next few months, we’ll be adding even more types of notifications and refining the feature to make it even more user-friendly.
We’re eager to hear from our community. If you have ideas for new notifications or ways we can enhance this feature, drop your suggestions in the comments below the YouTube video. Your feedback is crucial to making this tool even better, and we’re excited to see how it helps you refine your trading strategy!
Stay tuned for more updates as we continue to enhance Edgewonk to better support your trading journey.
Creating a personalized trading system is essential for consistent long-term profitability. However, developing a strategy isn’t just about crafting...
When it comes to trading, one of the biggest questions traders face is: Should you use technical analysis or fundamental analysis to make trading...
In today's Edgewonk Journal Review, we take a deep dive into the trading records of one of our customers, uncovering key insights that could...