Welcome to NexusFi: the best trading community on the planet, with over 150,000 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 -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Journalytix has several features that make life and journaling easier. Prior to having an automated method to journal I had to maintain a spread sheet and onenote to keep a record of my trading. With Journalytix I have some of this information, like all the trade analytics, automatically, and the other information is easily captured. We have all been told, at least I hope you have been told, that you need to journal your trades. Without it you have no idea what is working and what is not. You may have a hunch or an idea, but until the data is staring you in the face you have no real way of knowing what is and isn't working. Journalytix allows the capture of the trade information that will really let you have information that is valuable in your future reviews of your trades. It quickly captures a rating of some key questions and easily lets you designate methods and errors of the trade through definable trade types. You can then use your mic to capture a quick text summary as well as put in screen shots. As a journal goes, you really have everything you need. The additional functionality of the news reader, event calendar, as well as your trade dashboard with all your statistics make it very complete. Data is almost worthless if you can't get to it in a meaningful way. You can search your journal with text and hashtags. The leaderboard rounds it out to help put yourself into perspective with others and puts a slight amount of accountability on you to perform, competition has a tendency to be a strong motivator. Overall Journalytix is a great way to capture your trades.
JigSaw, Journalytix is a feature rich, easy to use Journal. I have not seen anything like it available anywhere. It automates the journaling process and gives you the ability to add images and videos easily. The analytics are informative and insightful. If you using excel or other journal, you definitely should give Journalytix try.
I've tried a number of journaling tools, and Journalytix is the best. It has a rich array of features that allow me to see how I'm doing on an intraday, daily, and monthly basis. It integrates news, twitter, etc. feeds as well as alerting me to economic data releases. Best of all, it is super easy to use. It is web-based, and my trades show up in real time in Journalytix, and I can make trade notes either by typing them in or using the voice-to-text feature. In short, it keeps track of all of your trades in real time without getting in the way.
Journalytix provides simple but powerful analytics to track how the day is going--the number of trades, P/L, and risk (number of contracts open at a time), all broken down by the half-hour. I still download my trade data and upload it to TraderVue for additional analysis at the end of the day. But based on my experience with Jigsaw--in which the product has undergone continuous improvement--I wouldn't be surprised if Journalytix added additional tools for statistical analysis down the road.
My main request at this point would be the ability to track MAE not only in terms of the number of ticks the trade goes against me (which Journalytix does) but also as the MAX of (total number of ticks the trade goes against me * the number of open contracts). Having 2 contracts go against you 10 ticks is not the same as having 10 contracts go against you 10 ticks. And holding 10 contracts to a 10 tick stop out is not the same as scaling out of 5 and getting stopped out of the remaining 5. Other tools I've used (e.g., Stage5 Trade Analyzer) can do this, and I hope that Pete will build out that capability in Journalytix.
Bottom line, Journalytix is a great way to get to know yourself better as a trader. If you don't have a rock-solid trading journal up and running, give Journalytix a look.
Jounrlytix has to be hands down the best add on program I have found in years of trading - or at least since Jigsaw Daytradr. This product is way more than the trade summary tab on your current trading platform.
Where do I start? How about the day overview page - this shows my current P&L, recent trades, upcoming economic releases, and current news. When I do make a trade, they enter into the web-based system automatically, so I do not have to think about logging them in the heat of the moment (or importing them later like in other platforms). They are real time instantly available to review (or within seconds of making the trade). When I get freed up, I can go back and enter text notes and even audio notes - this means I can basically verbally journal w/o taking my eyes from the DOM. I constantly check for way to improve my focus and the types of trades I take. I switch between looking at different time frames (time of day, day of the week, months, etc.), to different instruments, and even between my sim and live accounts, - I love over analyzing everything and this tool is perfect for that. Reviewing my trade history by day or even by week going back months at a time is also something I love - this allows me to look at trade number, win percentage, P&L, draw down, and max win. The part that is cool is the Leaderboard - this makes me feel first off like I am possibly being held accountable for my trades. Kind of like if I am part of a prop firm. Either way I am part of a community and I can review the trades of others and analyze how they are doing compared to me and maybe even pick-up a few ideas on how others trade and what they are thinking.
My thoughts - as a standalone journal/logging tool this product is outstanding and very intuitive to use. But, add in all the other capabilities and features and it becomes a first-class performance add-on you should not trade w/o. Bottom line this product has changed the way I approach each trading day for the better.
Have you contacted Jigsaw about what you're seeing?
Which platform are you using? Are you using daytradr? Which version? Are you using more then 1 platform to place trades? Which feed? Which broker? Which instrument?
I can see 2 or 3 things that can generate the issues you're seeing.
-If trading from daytradr, you might be using an old version that might have a bug that is generating bad data in the database.
-If connected to the same account using 2 or more platforms, can easily generate duplicate positions.
-Seeing trades on weekends indicate that you might have the wrong time zone set, which by itself might generate wrong PnL data on the Calendar.
If I become half a percent smarter each year, I'll be a genius by the time I die
1. Yes have done previously when it showed an incorrect DD. They never contacted me back but it was fixed a few hours later.
2. Platforms. I use a CQG link to Tradovate and I also use mt4/5 via ICM. Instruments vary, futs and some fx/cfd's
3. Timezone is set correctly. Some days everything is fine and other days things go awol.
Last Saturday and Sunday's trades showing below and also a very large DD on the Friday which is totally wrong as is the P&L.
Got lots of open trades which are closed as well and one of them has been triplicated, other showing incorrect lot sizes etc. Just a big headache.
I've actually decided to cancel the subs as its of little use to me if I have to spend ages double checking things. I have lost confidence with it now. Glad its working we for you though.
Journalytix's recent Spring Forward time change, is not in sync with the time stamps with any journaling done before then.
See how the time in my picture is different from the time stamp now (picture taken on 3/14/2020). The time change was last sunday (3/8/20) and this trade was before then on 3/5/20.
Notice how the time-stamp at the top in the journal entry is different from what I logged? Be aware if you are using Profit Seeker to show your results based on the time of day!
“Successful people ask better questions, and as a result, they get better answers.” – Tony Robbins
I noticed that issue as well as another query. I wrote to their support on Tuesday, five days ago, haven't had a reply.
This was the email with the things I mentioned, point 2. being about the timezone change.
Having said all that though, I like it overall and I do think the customisable news squawk is very good.
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
I wouldn't normally post other people's emails to me, but as it answers the previous two posts I think it could create an unfair impression on Jigsaw not to.
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden