Overview
- Stop overtrading for good by setting clear daily stop rules, powered by daily statistics, tags, and calendar views that reveal when 'one more trade' turns profit into loss
- Pinpoint exactly which strategies drain your account and which build it, using comprehensive analytics that break down performance by strategy type across stocks, options, futures, and forex markets
- Know the exact cost of every early exit with exit analysis that shows dollars lost, building the confidence to hold winning trades longer
- Eliminate emotional trading decisions by tracking emotions and rule-breaking patterns with dedicated emotion tags, turning impulse into discipline
- Automatically gather every trade from 800+ brokers and proprietary firms, so your P&L tracking is complete and your performance analysis is spotless from day one
- Size every trade and set stops with confidence using built-in risk management guidance that advises on trade sizing, stop points, and when to cut losers
- See exactly where you entered and exited each trade with visual entry and exit points, enabling precise strategy adjustments based on real data
- Stay accountable to your trading playbook by tagging every trade with notes and sessions, ensuring you follow your rules consistently
Pros & Cons
Pros
- Professional trading journal
- Comprehensive analytics
- P&L tracking
- Import trades from brokers
- Works with 800+ brokers
- Tracks trade habits
- Addresses overtrading
- Identifies non-profitable patterns
- Promotes profitable patterns
- Enforces trading rules
- Evaluates trading psychology
- Emotion tracking
- Risk management advisors
- Visualises entry/exit points
- Adjusts strategies effectively
- Insights into strategy performance
- Tracks early exit impact
- Calendar tracking
- Strategy performance tracker
- Emotion tags
- Adjusts risk management
- Showcases best/worst trade days
- Displays early exit cost
- Provides strategy revision tools
- Discipline and consistency tools
- Trusted by serious traders
- Playbook into a checklist
- Rule management
- Handles trade imports automatically
- Performance tracking over time
- Comprehensive broker compatibility
- Detects trading patterns
- Helps cut non-profitable trades
- Assesses rule-breaking patterns
- Insights into overall performance
- Prevents account blow-ups
- Improves trade sizing and stops
- Interactive exit analysis
- Performance score calculation
- P&L calendar view
- Tracks stops and take profits
- Unlimited strategy and accounts tracking
- Supports voice notes
- Variety of pricing options
Cons
- Limited to 800 brokers
- Overly focused on discipline
- No social sharing features
- Visualization options not detailed
- Unclear advanced analytics functionality
- Unmentioned pricing
- Limited exit analysis
- No mobile app
- No multi-language support
- No offline functionality
Reviews
Rate this tool
Loading reviews...
❓ Frequently Asked Questions
Rize Trade is a professional trading journal designed to cultivate discipline in trading. Its aim is to assist traders in analyzing their strategies in various markets such as stocks, options, futures, and forex. The tool works with over 800 brokers, proprietary trading firms and platforms, allowing for importation of trades from brokers for meticulous performance analysis and strategy enhancement.
Rize Trade helps in building trading discipline by providing tools that enforce adherence to specific trading rules. It offers features for evaluating trading psychology, which includes tracking emotional responses and identifying rule-breaking patterns. This encourages traders to maintain discipline and avoid making decisions based on emotion or impulse.
Yes, Rize Trade can be used for analyzing strategies in futures and forex markets. It provides comprehensive analytics and profit & loss tracking which facilitate thorough strategy analysis and adjustment in these specific markets.
In the context of Rize Trade, the importation of trades from brokers means that the platform can automatically gather and incorporate trading data from various brokers. This enables clean and thorough analyses of performance, which aids in strategy refinement.
Rize Trade provides beneficial analytics for strategy adjustment including comprehensive P&L tracking, statistics on various trading habits, visualisation of entry and exit trade points, and insights into overall performance based on strategy type. These analytics help in identifying profitable patterns, assessing the impact of early exits, and making necessary strategy modifications.
Rize Trade assists in identifying profitable and non-profitable trading patterns by providing comprehensive analytics. The tool tracks statistics and tags related to trading habits which illuminates trends and patterns in trading performance. It promotes profitable patterns while helping traders identify and address non-profitable ones.
Rize Trade supports risk management by advising traders on trade sizing, setting of stop points, and when to cut trades that aren't profitable. It also provides a tracking mechanism for stops and profit targets, allowing traders to learn when to eliminate losing trades.
Yes, Rize Trade can visualise entry and exit trade points. It provides a platform for traders to see exactly where they entered and exited trades, enabling a clear understanding of these vital points for effective strategy adjustment.
Yes, Rize Trade offers insights into overall performance based on strategy type. It provides comprehensive analytics and P&L tracking to deliver valuable insights on performance by different strategies and the impact of early exits on profitability.
Rize Trade addresses the issue of overtrading by allowing traders to see their daily statistics, tags, and calendars to understand when 'one more trade' is turning a profitable day into a losing one. By marking boredom trades and revenge overtrading, traders can establish clear stop rules for each trading day, helping to curtail overtrading.
For evaluating trading psychology, Rize Trade offers a feature that tracks emotions and rule-breaking patterns. This helps traders identify emotional responses that might be hindering their trading performance and allows them to understand and manage their psychological responses to trading more effectively.
Rize Trade works with more than 800 brokers, proprietary trading firms, and platforms. This versatility allows it to cater to a wide range of traders using different brokers and proprietary trading systems.
With Rize Trade, you can track a range of statistics which can provide insight into your trading habits. These include daily statistics, tags, P&L data, trade sizes, and stop settings, among others.
Rize Trade helps in managing trades by offering comprehensive analytics for monitoring and adjusting trading strategies. It provides advice on trade sizing, the setting of stops, and when to cut unprofitable trades. Furthermore, it allows traders to visualize entry and exit points and track statistics and tags for insightful management of trades.
Rize Trade supports various core markets including stocks, options, futures, and forex markets. It provides tools and features tailored to these markets, helping traders to analyze and manage their strategies effectively.
Yes, Rize Trade provides P&L tracking. This tool allows traders to see their profit and loss position over time, aiding in making informed decisions about strategy adjustments.
Rize Trade incentivizes adherence to trading rules by helping traders establish a clear trading playbook which they can then track and follow. Use of tags, notes, and sessions allows traders to monitor their compliance with set rules on every trade, encouraging consistency and discipline.
Yes, Rize Trade can help improve emotion management in trading. It provides emotion tags that track revenge trades and rule-breaking patterns. This helps traders identify emotional responses that are negatively impacting their trades, and then work on strategies to manage these emotional responses more effectively.
Yes, Rize Trade advises on how to size trades, set stops, and when to cut unprofitable trades. The platform provides a tracking mechanism for stops and profit targets, thus enabling efficient management of risk in trading.
Rize Trade assists in preventing early exits on trades by providing exit analysis. This shows traders exactly how much money early exits are costing them, helping build the confidence to hold onto profitable trades longer.
Pricing
Pricing model
Free Trial
Paid options from
$24/month
Billing frequency
Monthly
