Free Trading Journal — Win Rate, Expectancy, Profit Factor
Free trading journal that tracks P&L, win rate, expectancy and profit factor. All data stored locally in your browser — nothing leaves your device.
Stored only in your browser (localStorage). Nothing is sent to any server.
Why journaling matters more than anything
If you don't track your trades, you don't actually know whether you have an edge. Your memory will lie — it remembers the winners and forgets the losers. A journal turns “I think this strategy works” into “I have a 56% win rate with 1.8R average winner and +0.12R expectancy across 142 trades.” That's the difference between a trader and a gambler.
What this journal calculates
Win rate: % of trades that closed positive. Expectancy: average $ per trade across wins and losses combined — the single most important number. If expectancy is negative, your system loses money long-term no matter how it feels. Profit factor: gross winnings ÷ gross losings. Above 1.5 is solid; above 2.0 is excellent. Avg W : L ratio: ratio of avg winner to avg loser. Most profitable systems have this above 1.5 even with mediocre win rates.
Privacy
Every trade is stored in your browser's localStorage. Nothing is ever sent to any server. Clear your browser data and the journal is gone — so export anything you want to keep.
How to use the Trading Journal
Takes about a minute. No signup, no download, your data stays in your browser.
- 1Open the tool. Scroll up to the Trading Journal above — it loads instantly in your browser, no install needed.
- 2Enter your values. The fields come pre-filled with realistic defaults so you can see how it works — replace them with your own numbers.
- 3Read the result. The output updates instantly. Copy or share it — nothing is uploaded to a server, everything stays on your device.
Frequently asked questions
Common questions about the Trading Journal.
What is a trading journal and why keep one?
A trading journal is a log of every trade you take. Reviewing it is where the edge is found — the numbers reveal whether your strategy actually has positive expectancy or just feels good.
What metrics does this trading journal calculate?
It auto-calculates win rate, expectancy, and profit factor from the trades you log, so you can see your real performance instead of guessing.
Where is my trade data stored?
Entries are saved in your browser, not on a server, so your log stays with you on the device you use it on.
What is a good profit factor?
Profit factor is gross profit divided by gross loss. Above 1.0 means the strategy is net profitable; 1.5 or higher is generally considered strong.
Community rating
Discussion (0)
No comments yet. Start the discussion.
Keep exploring
Related tools across 7BusyBoss — all free, all instant.