Feature / Product | Win % | Track's Multiple Performance Categories | Multiple Buy/Sells | Error Tracking | $ Amount Risked | "R" Multiple | Equity Curve Graph | Formulates Expectancy | Formulates Profit Factor | Multiple Comments Section | Free Support & Bonuses1 | Price2 |
Basic Spreadsheet | MAYBE | NO | NO | NO | NO | NO | NO | NO | NO | NO | NO | $0.00 - $14.95 |
Popular Web-Based Application | YES | YES | YES | YES | YES | YES | YES | YES | YES | YES | YES | $49.99 / Month |
Trading Journal Spreadsheet | YES | YES | YES | YES | YES | YES | YES | YES | YES | YES | YES | $97.00 / 1-time |
1 Free bonuses: Complimentary Bonus Sheets (Spread'Suite package).
2 Price: Ranges between - Free (Basic trading log); up to $49.99/month for a (competing Web-based application).
The Basic spreadsheet: It's obvious they won't suffice. Quite simply, they don't track & analyze your trading performance. Why waste time entering buy & sell information if you can't get any meaningful data from it.
The Popular Web-based application: No doubt it's a great product, however it can be quite cumbersome to use and at $600/year, it's quite costly too!
The Trading Journal Spreadsheet, TJS: A full-featured product; easy to use, and with a 1-time charge of $97.00 - The deal is unbeatable?