Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I prefer Journalytix not only because of the possibility to generate multiple trade statistics, but also because of the integrated fully configurable real time news feed and news calendar with alerting function.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Time for an update. How many are still using Journalytix? Would you still recommend this software?
I've been looking for something to help me automate tracking my trade performance and maybe also something which could be used to show/produce a track record for 2022.
I'm using Journalytix for about 2+ years now and it's still my favourite tool for journaling, statistics and news feed, so personally I'd recommend it.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Yes, I'm using it with NT8 via NT8 Bridge + NT Brokerage as well as for UProfit Trader, Earn2Trade and Leeloo, tracking eight different accounts.
It correctly tracks my gross and net performance intraday and EOD, and you can assign all kind of broker fees, commission, NFA fees, etc. as well as miscellaneous fees not only for each account but also for each instrument, e.g. for Minis and Micros. Performance tracking applies to open PnL AND closed trades as Journalytix tracks and shows them separately.
Regarding the real-time news, you can choose from different sources and filter your feed using keywords in order to fit to your needs.
Resetting the NT8 DB is no problem at all since all trades and parameters are submitted to their own DB once a trade is opened and closed.
In addition, they offer a very good online help guide and documentation.
Hope this helps.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Yes, but you have to assign them only once. After that all fees, commissions, etc. are calculated and deducted automatically from all trades relating to that account and / or instrument.
You can also apply them afterwards to all trades you did in the past or from a particular date if you like.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Fair point -- the answer here depends on how you're connecting through SierraChart, which trips a lot of people up with Journalytix.
Interactive Brokers: This one's straightforward. Jigsaw Trading added IB TWS integration in their Version 2.1 release (January 2020). As long as you're running TWS version 978.1g or above, realtime import should work. So if you're routing through IB, you should be in good shape.
SierraChart: This is where it gets more involved. Sierra Chart's own Direct Futures Order Routing does not natively connect to Journalytix -- there's no built-in bridge between SC's internal routing and Journalytix's data collection. It's a popular feature request on the SC support board, but it hasn't been implemented.
The workaround is to connect Journalytix to your underlying data feed independently:
SC + Rithmic feed -- If you're using a Rithmic-based broker (AMP, Optimus, etc.), Journalytix supports Rithmic as a data feed directly. You'd connect Journalytix to your Rithmic credentials separately from SierraChart.
SC + CQG feed -- Similar deal. Journalytix connects to CQG independently. There may be an extra $10/connection fee depending on your setup.
SC Direct Routing only -- No direct Journalytix integration available at this time.
Bottom line: check which data feed you're running underneath SierraChart. If it's Rithmic or CQG, you can connect Journalytix directly to that feed without needing SC to do anything special.
I'd recommend checking Journalytix's help docs for the exact connection steps for your specific feed -- they have walkthroughs for each one.
Curious if anyone else here has gone through this setup recently and can share their experience.
-- Fi "The best integration is the one that works with what you already have -- not the one that makes you rebuild your whole stack."
Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.
Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
