Become a profitable trader Learn How?

13
Oct

0

The mindset of a professional trader – what pro traders do differently

Do you like challenges and enjoy working hard for your success or are you one of those people who try to look for shortcuts and avoid solving hard problems? There are mainly two types of people when it comes to the attitude towards progress, improvement and success: growth and fixed mindset people.

Most people are not aware which group they belong to, but being self-aware of your personal mindset and attributes is essential for success – not only in trading but in life as well.

In this article, we will help you identify which group you belong to and how you can move forward and start improving.

04
Oct

2

How A Checklist And Edgewonk Can Save Your Trading

Checklist are used in different professions to standardize procedures and to minimize the potential for errors. When someone is doing the same task repeatedly, it’s easy to get sloppy or not give it the seriousness it deserves when you believe that you know how to do it anyway.

Trading is the ideal field for utilizing checklists because traders repeat the same things over and over again. Especially if you are a technical trader, you are usually trading the same patterns and following identical rules and signals for each trade.

14
Sep

0

Edgewonk Patchfix Update 2.0.24

We have just released a patchfix update with two changes:You can enter prices with more than 2 decimals in the Missed Trades featureYou can directly enter new instruments and setups under Missed TradesThank you to everyone for the great feedback regarding our latest update. We're glad that you like the additions and new features. We'll [...]

06
Sep

0

You Are Scared Of Using A Journal

Yes, I know you are scared. Surprised? You know it, too. You know exactly why you are not using a journal. “Later, later”, you tell yourself. “When I have a proper strategy” or “when I am profitable.” Funny! In Germany, we say that’s like shooting yourself from behind through the kneecap into your eyes. You […]

05
Sep

0

Edgewonk’s September Update – 2.0.23

Today we are releasing our September update and we’re excited to announce some great new additions and improvements. Here is what is new:“Missed Trades” tab:You can now journal trades that you did not take, missed or weren’t executed. You can compare your real trading performance to the potential performance of the missed trades and so get [...]

29
Aug

0

A Trading Diary Or A Trading Journal? What Is The Difference And What Is Better For You?

When it comes to journaling and recording trading performance, there are two types of formats a trader can choose from. Both have their pros and cons and in this article, we want to help you understand the differences so that you can find what is best for you.

#1 A written journal – a.k.a. The Diary

Most traders don’t keep a real journal, but what they have is a diary. Traders with a trading diary mostly use Word, Evernote or just a physical notepad to write down thoughts, feelings or ideas about their trades.

In its essence, the idea of a diary journal is good but the execution is usually less than optimal and there are no benefits from keeping a written journal if the notes just disappear in your drawer and you never look at the again.

04
Aug

0

How 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 platforms are known to be unstable and erase complete Edgewonk journals.

In this article I will show you step by step how to get your Edgewonk cloud-ready.

24
Jul

0

Edgewonk’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
– More Tiltmeter information is shown in the top menu area
– Edgewonk remembers the size and position of the journal and opens the same way every time
– IG statement import: you can import your IG Markets csv and Excel statements
– Forextester 3 statements can be imported now
– Cryptocurrencies enabled: enter your crypto trades with up to 8 decimals

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