01
Oct
Why is it that traders tend to repeat the same mistakes and apply incorrect trading behavior over and over again? Some traders are stuck in the same loop of losing money consistently and making absolute beginner mistakes, even after years. There are, in fact, numerous reasons behind such destructive behavior: Unrealistic expectations (which leads to […]
21
Sep
We have been quiet for the past few months but this is going to change now! 2 weeks ago, we launched the new Edgewonk 2.0 version which is going to change the way traders journal their trades – but more on that later. With Edgewonk 2.0, we are finally moving away from Microsoft Excel and Edgewonk […]
27
Aug
Many traders constantly ask themselves if they could make more money by making changes to their trading strategy, taking profits in a different way or managing trades differently. Usually, traders then just change their whole approach, hoping that it works out or they have to cumbersomely set up a new account and then trade their new approach simultaneously […]
26
Aug
Entering a new trade into the Edgewonk trading journal is very straight forward and with the new trade entry mask, you see all input fields at the same time. Not all fields are mandatory and we will quickly walk you through the different fields. Tip: You can use the Tabulator button on your keyboard to jump […]
26
Aug
When you get your new Edgewonk trading journal, you are ready to get and start journaling right away. There are g only a few things you should do first to ensure that you have the best journaling experience with Edgewonk. The screenshot below is what you will see when you open Edgewonk for the first time. It’s […]
26
Jul
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 following the “Hit and miss” approach leads to failure 99% of the time. In this article, we want to highlight the importance of this concept for […]
26
Jul
“Why do I need a trading journal when I just need to find a better trading strategy to become a winning trader?” Or, “what is the use of a trading journal if my method is not working?” These are common questions we get asked a lot. After working with hundreds of traders, we found that […]
20
Jul
Edgewonk provides detailed statistics about your holding time – how long your trades are open from the time you enter the trade until you close it. You can find the holding time tool under Trade Management >> Holding Time. However, to get the most out of your Edgewonk journal, here are a few tips and things to look […]
15
Jul
With the Chartbook, Edgewonk is making another step towards offering a complete trading journal that contains everything a trader does. A trader can assign 2 screenshots to each trade that will be then stored directly in your Edgewonk trading journal. Under Chartbook, Edgewonk displays all your trades in an album-like manner. You also find individual trade statistics […]
26
Apr
Before you can start entering trades, you should go to the Settings are and set up your new Edgewonk journal. Here you enter new comments, add instruments, setups and more. The comments for entry, exit and trade management act as “tags” that you can then later assign to your trades when you enter them. […]
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