If you are a trader, you probably know how important it is to keep track of your trades and analyze your performance. A trading journal is a tool that can help you do that, by recording your entries, exits, profits, losses, setups, mistakes, and more. A trading journal can also help you identify your strengths and weaknesses, improve your discipline, and find your edge in the Market.

But with so many trading journals available online, how do you choose the best one for your needs? In this review, I will take a look at Tradersync, one of the most popular and comprehensive trading journals on the market. I will cover its pricing and plans, key features, customization and layout, compatible brokerages, platform differentiators, type of trader best suited for it, pros and cons, and my personal opinion as a user.

By the end of this review, you will have a clear idea of what TraderSync can offer you as a trader, and whether it is worth trying out for yourself.

TraderSync Pricing and Plans

TraderSync offers four pricing tiers: Free, Pro, Premium, and Elite. The Free plan allows you to journal up to 100 trades per month, with basic features such as trade charting, setup tracking, mistake tracking, email support, and a private account. The Pro plan costs $29.95 per month and lets you journal up to 1,000 trades per month, with additional features such as trade import, multiple portfolios, chat support, calendar view, pricing Report, weekly report, hourly report, setup report, mistake report, volume reports, manual stop losses tracking, manual target tracking, one automatic chart per trade execution (for stocks only), commissions and fees tracking (for stocks only), custom tagging category (for stocks only), holding time report (for stocks only), sector report (for stocks only), market cap report (for stocks only), evaluator report (for stocks only), simulator report (for stocks only), pre/post market chart data (for stocks only), and two or more automatic charts per trade execution (for stocks only).

The Premium plan costs $49.95 per month and lets you journal unlimited trades per month, with all the features of the Pro plan plus automatic commissions/fees settings (for stocks only), running PnL (for stocks only), MAE/MFE statistics (for stocks only), best exit statistics (for stocks only), automatic target/stop losses tracking (for stocks only), trading management (for stocks only), artificial intelligence insights (for stocks only), automatic spread detection (for options only), stock market replay (for options only). The Elite plan costs $79.95 per month and lets you journal unlimited trades per month across all asset classes supported by TraderSync: stocks, options, futures, forex, and crypto. The Elite plan includes all the features of the Premium plan plus advanced modules for each asset class.

TraderSync offers a 7-day free trial for all its paid plans. You can cancel anytime during the trial period without being charged. You can also switch between plans at any time.

In terms of pricing structure, TraderSync is not the cheapest option on the market. However, it offers a lot of value for money considering the range and quality of features it provides. Depending on your trading style and frequency, you can choose the plan that suits your budget and needs.

Key Features of TraderSync

TraderSync has a lot of features that make it stand out from other trading journals. Here are some of the key ones:

Trading Journal

The core feature of TraderSync is its trading journal. This is where you can log your trades manually or import them automatically from your broker or trading platform. You can also edit or delete your trades if needed. TraderSync supports various asset classes such as stocks, options, futures, forex, and crypto.

For each trade execution, you can see the basic information such as symbol, entry price, exit price, quantity, profit or loss, and duration. You can also see the chart of the trade execution with your entry and exit points marked on it. You can zoom in or out of the chart, change the time frame, and add indicators or drawings. You can also attach screenshots to your trades if you want to capture additional information.

One of the most useful features of TraderSync’s trading journal is its note-taking and chart annotation functionality. You can write notes for each trade execution or each trading day. You can also annotate your charts with text boxes, arrows, shapes, or drawings. This helps you document your thoughts, reasons, and emotions behind each trade. You can also use hashtags to create custom categories for your notes. For example, you can use #setup to indicate what setup you used for a trade, or #mistake to indicate what mistake you made. These hashtags will help you filter and analyze your trades later.

Setup and Mistake Tagging

Another feature that sets TraderSync apart from other trading journals is its setup and mistake-tagging system. This allows you to assign predefined or custom tags to your trades based on the setup you used or the mistake you made. For example, you can tag a trade as “breakout”, “reversal”, “scalp”, or “swing” based on the setup you followed. You can also tag a trade as “chasing”, “overtrading”, “cutting winners short”, or “holding losers too long” based on the mistake you made.

These tags are important because they help you track and analyze your performance based on different criteria. They also feed into the advanced modules of TraderSync, such as the data reports, the evaluator, the simulator, the trade management, the market replay, and the artificial intelligence.

Data Reports

TraderSync provides a variety of data reports that help you track and analyze your trading history. You can access these reports from the dashboard or the reports tab. You can also customize your dashboard with widgets that display the reports you want to see.

Some of the data reports available on TraderSync are:

• Monthly Report: This shows your monthly performance in terms of profit or loss, number of trades, win rate, average profit per trade, average loss per trade, profit factor, expectancy, and more. You can also see your monthly performance by asset class, symbol, setup, mistake, and other criteria.
• Weekly Report: This shows your weekly performance in terms of the same metrics as the monthly report. You can also see your weekly performance by day of the week, time of day, and other criteria.
• Pricing Report: This shows your performance by price range. You can see how much profit or loss you made in different price ranges, as well as your win rate, average profit per trade, average loss per trade, and other metrics. You can also filter by asset class, symbol, setup, mistake, and other criteria.
• Volume Report: This shows your performance by volume range. You can see how much profit or loss you made in different volume ranges, as well as your win rate, average profit per trade, average loss per trade, and other metrics. You can also filter by asset class, symbol, setup, mistake, and other criteria.
• Setup Report: This shows your performance by setup. You can see how much profit or loss you made using different setups, as well as your win rate, average profit per trade, average loss per trade, and other metrics. You can also filter by asset class, symbol, price range, volume range, and other criteria.
• Mistake Report: This shows your performance by mistake. You can see how much profit or loss you lost due to different mistakes, as well as your win rate, average profit per trade, average loss per trade, and other metrics. You can also filter by asset class, symbol, price range, volume range, and other criteria.

These data reports provide valuable insights into your trading behavior and results. They help you identify what works and what doesn’t for you. They also help you spot patterns and trends that you can use to improve your trading strategy.

Evaluator and Simulator

TraderSync also offers two advanced modules that help you optimize your trading performance: the evaluator and the simulator.

The evaluator is a tool that allows you to create various scenarios based on your trading history and see how they would affect your results. For example, you can use the evaluator to see how much profit or loss you would have made if you had followed a different risk-reward ratio, a different stop-loss level, a different target level, or a different position size. You can also use the evaluator to see how much profit or loss you would have made if you had avoided certain mistakes, used certain setups, or traded certain symbols.

The simulator is a tool that allows you to test your trading strategy on historical data. For example, you can use the simulator to see how much profit or loss you would have made if you had traded a certain symbol using a certain setup during a certain period. You can also use the simulator to see how much profit or loss you would have made if you had applied certain filters, such as price range, volume range, time of day, day of week, or market condition.

The evaluator and the simulator are powerful tools that help you fine-tune your trading strategy and find your edge in the market. They allow you to experiment with different variables and parameters without risking real money. They also allow you to learn from your past trades and improve your future trades.

Trade Management

Trade management is another advanced module that TraderSync offers for its Elite subscribers. Trade management is a feature that helps you improve your execution by providing real-time feedback and alerts on your trades.

With trade management, you can set up rules and conditions for entering and exiting trades based on various factors such as price action, indicators, volume, time frame, and more. You can also set up alerts for when these rules and conditions are met or violated. For example, you can set up an alert to notify you when a certain symbol breaks out

of a certain resistance level, or when a certain indicator crosses a certain threshold. You can also set up an alert to notify you when your trade reaches a certain profit or loss level, or when your trade is close to your stop-loss or target level.

Trade management helps you stay on top of your trades and avoid missing opportunities or making mistakes. It also helps you follow your trading plan and execute it with confidence and discipline.

Market Replay

Market replay is another advanced module that TraderSync offers for its Elite subscribers. Market replay is a feature that allows you to replay the market data of any trading day in the past and practice your trading skills.

With market replay, you can choose any symbol and any date from the past and see how the market moved on that day. You can also choose the speed of the replay, from 1x to 100x. You can use the same tools and indicators that you use in real-time trading, and place simulated trades as if you were trading live. You can also pause, resume, or rewind the replay at any time.

Market replay is a great way to improve your trading skills and test your strategies without risking real money. It allows you to learn from the past and prepare for the future. It also allows you to practice in different market conditions and scenarios that you may not encounter often in real-time trading.

Artificial Intelligence

Artificial intelligence is another advanced module that TraderSync offers for its Elite subscribers. Artificial intelligence is a feature that uses a virtual coach named Zukzu to provide personalized feedback and guidance on your trading performance.

Zukzu is an AI-powered chatbot that analyzes your trading history and gives you insights and suggestions on how to improve your trading results. Zukzu can also answer your questions about trading concepts, strategies, indicators, and more.

Zukzu uses natural language processing and machine learning to understand your trading behavior and goals. Zukzu can also adapt to your learning style and preferences, and provide you with relevant and timely information.

Zukzu is a helpful and friendly companion that can help you become a better trader. Zukzu can also motivate you, challenge you, and celebrate with you along your trading journey.

Customization and Layout

TraderSync is a highly customizable platform that allows you to tailor it to your needs and preferences. You can customize various aspects of TraderSync, such as:

• Your profile: You can set up your personal information, such as your name, email, password, timezone, currency, language, risk tolerance, trading style, and goals.
• Your portfolio: You can create multiple portfolios for different asset classes, accounts, strategies, or purposes. You can also set up your portfolio settings, such as commissions, fees, taxes, margin requirements, leverage, risk-reward ratio, stop-loss level, target level, position size, and more.
• Your dashboard: You can customize your dashboard with widgets that display the data reports and charts that you want to see. You can also rearrange, resize, or remove the widgets as you wish.
• Your reports: You can customize your reports with filters that allow you to view your performance by different criteria, such as asset class, symbol, setup, mistake, price range, volume range, time frame, time of day, day of week, market condition, and more.
• Your charts: You can customize your charts with indicators and drawings that help you analyze the price action. You can also change the chart type, color scheme, time frame, zoom level, and more.
• Your alerts: You can customize your alerts with rules and conditions that trigger notifications for entering or exiting trades based on various factors. You can also choose how to receive the alerts, such as email, SMS, or push notifications.

TraderSync has a user-friendly interface that is easy to navigate and use. TraderSync is available as a web app that works on any browser or device. TraderSync also has a mobile app that works on iOS and Android devices. The mobile app has most of the features of the web app, except for some advanced modules such as trade management, market replay, and artificial intelligence.

TraderSync provides tutorials for users who want to learn how to use the platform effectively. TraderSync also has a blog, a YouTube channel, a podcast, and a social media presence that provides useful content and tips for traders.

Compatible Brokerages

TraderSync is compatible with many brokerages and trading platforms that allow users to import their trade data automatically or manually. TraderSync supports various formats of trade data, such as CSV, TXT, XML, JSON, and more.

Some of the brokerages and platforms that TraderSync supports are:

• Interactive Brokers
• TD Ameritrade
• E*TRADE
• Charles Schwab
• Fidelity
• Robinhood
• TradeStation
• Thinkorswim
• NinjaTrader
• MetaTrader
• TradingView
• CoinBase
• Binance
• BitMEX
• and more

TraderSync also has an auto-sync function that allows users to sync their trade data automatically from their broker or platform without having to import it manually. This saves time and ensures accuracy. However, the auto-sync function is only available for some brokerages and platforms, such as Interactive Brokers, TD Ameritrade, E*TRADE, Charles Schwab, Fidelity, Robinhood, TradeStation, Thinkorswim, CoinBase, Binance, and BitMEX.

One of the limitations of TraderSync is that it does not allow users to trade directly from the platform. TraderSync is only a trading journal and analysis tool, not a trading platform. Users have to execute their trades on their broker or platform of choice, and then import or sync their trade data to TraderSync.

Platform Differentiators

TraderSync has many unique aspects that set it apart from other trading journals on the market. Some of these are:

• Its data-centric approach: TraderSync focuses on providing users with data-driven insights and feedback on their trading performance. TraderSync uses advanced analytics and algorithms to help users understand their trading behavior and results, and optimize their trading strategy and execution.
• Its setup and mistake tagging system: TraderSync allows users to tag their trades based on the setup they used or the mistake they made. This helps users track and analyze their performance by different criteria, and improve their trading skills and habits.
• Its evaluator and simulator modules: TraderSync allow users to create various scenarios based on their trading history and see how they would affect their results. TraderSync also allows users to test their trading strategy on historical data. These modules help users fine-tune their trading strategy and find their edge in the market.
• Its trade management module: TraderSync allows users to set up rules and conditions for entering and exiting trades based on various factors, and receive real-time feedback and alerts on their trades. This module helps users improve their execution and follow their trading plan.
• Its market replay module: TraderSync allows users to replay the market data of any trading day in the past and practice their trading skills. This module helps users improve their trading skills and test their strategies without risking real money.
• Its artificial intelligence module: TraderSync uses a virtual coach named Zukzu to provide personalized feedback and guidance on users’ trading performance. Zukzu is an AI-powered chatbot that analyzes users’ trading history and gives them insights and suggestions on how to improve their trading results.

These features make TraderSync a powerful and comprehensive trading journal that can help users become better traders.

Type of Trader Best Suited for TraderSync

TraderSync is a versatile platform that can suit different types of traders. However, some traders may benefit more from using TraderSync than others. In general, the type of trader best suited for TraderSync is:

• A trader who trades multiple asset classes, such as stocks, options, futures, forex, or crypto. TraderSync supports various asset classes and allows users to create multiple portfolios for different accounts or strategies.
• A trader who trades frequently or actively, such as a day trader or a swing trader. TraderSync allows users to journal unlimited trades per month with its paid plans and provides detailed reports and charts on users’ performance by different time frames and criteria.
• A trader who values data analysis and optimization, such as a technical trader or a quantitative trader. TraderSync provides users with data-driven insights and feedback on their trading performance and helps them optimize their trading strategy and execution with its advanced modules.
• A trader who wants to improve their trading skills and habits, such as a beginner trader or an intermediate trader. TraderSync helps users identify their strengths and weaknesses, avoid common mistakes, follow best practices, and learn from their past trades.

If you are this type of trader, then TraderSync may be the ideal trading journal for you.

Pros and Cons

As with any product or service, TraderSync has its pros and cons. Here are some of them:

Pros

• It offers a lot of features that help users track, analyze, optimize, and improve their trading performance.
• It supports various asset classes such as stocks, options, futures, forex, and crypto.
• It allows users to import or sync their trade data automatically or manually from many brokerages and platforms.
• It is highly customizable in terms of profile, portfolio, dashboard, reports, charts, alerts, etc.
• It has a user-friendly interface that works on any browser or device.
• It has a mobile app that works on iOS and Android devices.
• It provides tutorials for users who want to learn how to use the platform effectively.
• It offers a 7-day free trial for all its paid plans.

Cons

• It is not the cheapest option on the market. Its paid plans range from $29.95 to $79.95 per month.
• It does not allow users to trade directly from the platform. Users have to execute their trades on their broker or platform of choice, and then import or sync their trade data to TraderSync.
• It does not support some advanced features for some asset classes, such as automatic charting, commissions, and fees tracking, custom tagging, holding time report, sector report, market cap report, evaluator report, simulator report, pre/post market chart data, and two or more automatic charts per trade execution for options, futures, forex, and crypto. These features are only available for stocks.
• It does not have a community or forum where users can interact with other traders and share their experiences and tips.

Conclusion

TraderSync is a powerful and comprehensive trading journal that can help users track, analyze, optimize, and improve their trading performance. TraderSync offers a lot of features that make it stand out from other trading journals on the market, such as its data-centric approach, its setup and mistake tagging system, its evaluator and simulator modules, its trade management module, its market replay module, and its artificial intelligence module. TraderSync supports various asset classes such as stocks, options, futures, forex, and crypto. TraderSync is highly customizable in terms of profile, portfolio, dashboard, reports, charts, alerts, etc. TraderSync has a user-friendly interface that works on any browser or device. TraderSync also has a mobile app that works on iOS and Android devices. TraderSync provides tutorials for users who want to learn how to use the platform effectively. TraderSync offers a 7-day free trial for all its paid plans.

However, TraderSync is not the cheapest option on the market. Its paid plans range from $29.95 to $79.95 per month. TraderSync does not allow users to trade directly from the platform. Users have to execute their trades on their broker or platform of choice, and then import or sync their trade data to TraderSync. TraderSync does not support some advanced features for some asset classes, such as automatic charting, commissions, and fees tracking, custom tagging, holding time reports, sector reports, market cap reports, evaluator reports, simulator reports, pre/post market chart data, and two or more automatic charts per trade execution for options, futures, forex, and crypto. These features are only available for stocks. TraderSync does not have a community or forum where users can interact with other traders and share their experiences and tips.

In conclusion, TraderSync is a great trading journal for traders who trade multiple asset classes, trade frequently or actively, value data analysis and optimization, and want to improve their trading skills and habits. TraderSync may not be the best option for traders who are looking for a low-cost or free trading journal, who want to trade directly from the platform, who trade only one asset class or rarely trade, or who prefer a more social or interactive platform.

If you are interested in trying out TraderSync for yourself, you can sign up for a 7-day free trial here. You can also check out their blog, YouTube channel, podcast, and social media accounts for more information and tips.

I hope you found this review helpful and informative. Thank you for reading!