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A stock journal is a way for you to keep track of your trades and go back and evaluate performance over time. It's a well kept secret that a trading journal is an invaluable tool to help you become a better trader. The stock journal is available to StockTickr Pro subscribers.
The best traders think of their trading in terms of risk/reward. They scan the market for opportunities to make money while risking as little as possible. Who decides what the risk is? You do. The risk is the amount that you're willing to allow the trade to go against your position before you bail on the trade and take a loss. The StockTickr Trading Journal makes it easy to think about your trading in these terms. When you enter your trades in the journal, you'll get access to reports that calculate expectancy and winning percentage across your trades and your tags. Far more than simply percentage gained or lost, expectancy and winning percentage are the best statistics to evaluate your trading.
Also, traders tend to remember the trades that do well and sweep the bad trades under the rug - that's just human nature. The trading journal helps you to honestly evaluate your trading and eliminate the worst trades in future trading, which often is more important than finding winning trades.
The StockTickr Chart Review automatically creates charts in multiple timeframes, plotting your entry, stop, and exit points right on the chart. You can query all the charts in your chart review to detect trends. For example, view all the charts of your winning trades or charts where you made at least 2 times your risk.