Yay or nay?

Discover what the internet is saying about Edgewonk.

Upgraded Reviews scanned the web to find out what real users are saying about Edgewonk.

See the highlights below and decide for yourself!

Pros and Cons

Table of contents

✅ Pros

It is the first personalized and fully customizable trading journal.
Review Pros
The simplistic layout and the easy tracking process takes away the tedious process of journaling trades.
It enables you to track 300 different instruments and up to 50 different trading strategies and setups.
It’s the first fully tailor-made trading journal that fits any trader’s style.
Edgewonk has been created by two professional traders who are consistently profitable.
It has the ability to add screen shots for each trade.
It has proprietary algorithms that can point you to the biggest leaks in your trading.
There are no additional monthly fees.
You can track your trading.
Edgewonk analytics take out the guesswork.
You can evaluate and improve trade exits for a higher winrate.
Edgewonk is the most comprehensive trading journal on the market and is almost without competitor.
Edgewonk is extremely simple to set up.
It focuses on helping you find and analyze your trading edge.
Edgewonk’s unique metrics can help you see your setbacks immediately to help you improve faster.
It is the first personalized and fully customizable trading journal.
Advanced traders can improve every component of their system even more.
Edgewonk is extremely user friendly yet super powerful in both trade analytics as well as trade psychology.
With nicely laid out charts and summarised statistics on where you’re leaving money on the table.
It gives you a personalized look behind the scenes, lifting the veil of what truly is driving your trading decisions and actions.
It provides a quick and accurate blueprint on how to improve your trading performance.
Edgewonk shows you when to enter trades, how to set your stops to avoid stop hunting, where to put your targets to increase the size of your winners and which trades are not making money for you.
You can even trial Edgewonk free and see how a pre-filled trading journal looks like.
It works for most instruments.
It is not much expensive and it proves its value over time.
It tells you where to improve and gives you a real chance to become profitable.
This tool is the most thorough trading journal ever.
Edgewonk also helps you optimize your orders and the way you place your trades.
It allows you to drill down into whether your trade management is hindering or helping your strategy.
Edgewonk does all of memorising for you.
Beginners can have a solid start to their trading career and avoid mistakes.
It uses proprietary algorithms that make suggestions for improving your trading performance.
Its proprietary analytics can help you achieve best stop loss placement to avoid stop runs.
At just $169 you will see a quick return on your money whatever your trading size is.
Simulate model portfolios are based on your trading style to spot survivorship bias and long term risks.
You have the data at your fingertips.
It has unique metrics, and it actually tells you where you are leaking money.
It is highly customizable.
You can draw insights from the massive amount of data that your trading produces.

❌ Cons

It is much better for short term, active traders.
You need statistically significant amount of trades to gain from the insights.
Edgewonk is priced at $169 as a one off payment which might seem a lot for a software.
This can take time, so if one takes a lot of trades during the day then this can take quite a bit of time.
It does not track some specific matrics.

Final Say

Read the summaries of what reviewers think about Edgewonk below.

Review Summaries
Edgewonk is not the simple statistics-loaded overkill of useless numbers which won’t tell you anything other than at what rate your account is shrinking. It has unique metrics, and it actually tells you where you are leaking money. It tells you where to improve and gives you a real chance to become profitable.
Edgewonk is extremely simple to set up. For $169 you can pick up the ready made Edgewonk trading journal and save yourself those hours and dedicate them to learning to trade instead.
This is an excellent journal and for its price point, if you are serious about trading then this should be a tool which will pay for itself many times over.
If you are looking to take your trading to the next level and you are sick of not seeing any results, maybe it’s time to take things a little more seriously and start a professional trading routine. You can even trial Edgewonk free and see how a pre-filled trading journal looks like.
Edgewonk’s unique metrics can help you see your setbacks immediately to help you improve faster. It’s the first fully tailor-made trading journal that fits any trader’s style. Its proprietary analytics can help you achieve best stop loss placement to avoid stop runs.
Edgewonk is a trading journal the focuses on helping you find and analyze your trading edge. It is highly customizable and works for most instruments. It also uses proprietary algorithms that make suggestions for improving your trading performance.
EdgeWonk is a digital trading journal, though it’s so much more than simply a piece of software. It allows you to track behavior, interpret data and optimize your trading systems based on a wide array of variables.
EdgeWonk is a digital trading journal, though it’s so much more than simply a piece of software. It allows you to track behavior, interpret data and optimize your trading systems based on a wide array of variables.
At the current price point of $119 for the Pro Version and no additional monthly fees this truly is a ton of value, they also offer a free trial for users to play around with. You will be hard pressed to find another Trading Journal packed with this many bells and whistles as Edgewonk.

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