Free trading journal and performance tracker
Log the trade, get the truth. Equity curve, win rate, profit factor and streaks calculated automatically and stored on your own device.
The single fastest way to improve — every serious trader keeps one.
What the trading journal does
Every serious trader keeps a journal, and almost every unprofitable one does not. Without a log, your win rate is a feeling — and feelings systematically over-weight your best days and forget the small losses.
This journal is deliberately fast: asset, direction, stake, payout, result. Everything else is derived. In return you get the numbers every other calculator on this site needs as input: your real win rate, your real payout average, your real streak length.
Entries stay in your browser's local storage. Nothing is uploaded, so there is no account to create and nothing to leak.
The formula, explained
ProfitFactor = GrossProfit ÷ GrossLoss · Expectancy = (Win% × AvgWin) − (Loss% × AvgLoss)
- Profit factor
- — above 1.0 is profitable; 1.5+ is a strong system
- Expectancy
- — average dollars earned per trade taken
- Equity curve
- — running balance — you want a rising line with shallow dips
- Win rate
- — the input every other tool here depends on
Tag each trade with the session and the setup. After 100 entries, the split by tag usually shows one session or one setup carrying all the losses — cutting it is the cheapest performance upgrade available.
A real set of numbers
| Session | Trades | Win rate | Net P/L | Profit factor |
|---|---|---|---|---|
| London open | 34 | 64.7% | +$96 | 1.72 |
| London/NY overlap | 29 | 62.1% | +$68 | 1.58 |
| Asian session | 21 | 47.6% | −$41 | 0.77 |
| Late New York | 16 | 50.0% | −$14 | 0.90 |
| All trades | 100 | 58.0% | +$109 | 1.31 |
This trader's overall 58% hides a 65% morning strategy and a losing evening habit. Dropping the Asian and late-NY trades turns +$109 into +$164 with 37 fewer trades.
When to use it — and when not to
Use it when
- From your very first trade — retro-fitting a journal never works.
- Before using any other calculator, since they all need a real win rate.
- When deciding which sessions, assets or setups to cut.
- When reviewing whether a losing run is variance or a genuine decline.
Don't rely on it when
- You would only log the winners. A partial journal is worse than none — it manufactures false confidence.
Trading journal questions, answered
+What should I record in a trading journal?
At minimum: date/time, asset, direction, expiry, stake, payout and result. Adding the session and the reason for entry is what turns a log into a diagnostic tool.
+What is a good profit factor?
Above 1.0 means profitable. 1.3–1.5 is a solid retail system; anything claiming 3.0+ on a small sample is usually curve-fitted or lucky.
+How many trades before the data means anything?
100 trades gives a rough signal, 300 gives reasonable confidence, 500+ makes your win rate genuinely usable for Kelly or risk sizing.
+Is my journal data private?
Yes — entries are stored locally in your browser and never sent to a server. Clearing browser data will erase them, so export periodically if the history matters to you.
Put the numbers to work
Sizing is half the job — the other half is the entry. TradeFather's free signal engines call direction and expiry on Quotex, Pocket Option, Binomo, IQ Option, Olymp Trade and Expert Option, and every tool on this site is free with no subscription.