Traderstats VS praxis.trade

Traderstats Pricing

praxis.trade Pricing

Traderstats

• AI Trading Feedback: Receive actionable advice based on AI analysis of trading data.
• Unlimited Account Analysis: Track trades from an unlimited number of brokerage accounts.
• Daily Journaling: Reflect on trading activities, emotions, and rule adherence.
• Performance Metrics & Insights: Access powerful stats, charts, and AI-driven insights.
• Monthly Performance Tracking: Monitor monthly profits, P&L, and key performance indicators via a calendar view.
• TradingView Integration: Review trade entries and exits directly on TradingView charts.
• Progress Sharing: Easily share daily performance, journals, or monthly calendars.

praxis.trade

• Trade Log: Comprehensive record of all trades from entry to exit.
• Advanced Journaling: Record reflections, rationales, and observations for each trade.
• AI-Driven Insights: AI-assisted analysis tailoring optimizations to individual strategies.
• Seamless Integration: Syncs effortlessly with major trading platforms like Robinhood, Webull, and Thinkorswim.
• Interactive Analytics: Detailed analytics providing new perspectives on trading strategy.
• Tagging and Rating System: Categorize and prioritize trades with labels and ratings.
• Interactive Performance Metrics: Real-time metrics including win rates and drawdowns.
• Emotional Trading Management: Emotion-strategy mapping to understand and counterbalance emotional biases.

Traderstats Use Cases

• Analyzing and improving trading performance.
• Tracking profits, losses, and key trading metrics.
• Journaling trading activities, emotions, and decisions.
• Identifying trading strengths and weaknesses using AI insights.
• Reviewing trade executions visually on charts.
• Building consistent and disciplined trading habits.
• Sharing trading progress with mentors or peers for accountability.

praxis.trade Use Cases

• Analyzing past trading performance to identify strengths and weaknesses.
• Refining trading strategies based on AI-driven insights.
• Understanding the impact of emotions on trading decisions.
• Maintaining a detailed and organized log of all trading activities.
• Improving trading discipline through reflection and analysis.
• Tracking performance metrics like win rates and drawdowns.

Traderstats FAQs

• Is there a free trial available for Traderstats?

  Yes, Traderstats offers a 14-day free trial for the Pro plan, and no credit card is required to start.
• How can I save on the subscription cost?

  You can save significantly, equivalent to over 4 months free, by choosing the annual subscription plan instead of paying monthly.
• Are there guides available for using the platform?

  Yes, guides are provided to help users, including assistance with trade uploading. These can be found on the Traderstats website.
• Is there a limit on the number of trading accounts or trades I can track?

  You can analyze trades from unlimited accounts and perform unlimited trade uploads, subject only to the overall 5GB storage limit per user.

praxis.trade FAQs

• How does the AI in Praxis work?

  Praxis's AI analyzes your trading data, including journal responses about reflections and rationales, to decipher patterns, predict psychological trends, link emotions to strategy and outcomes, and provide tailored optimization insights.
• Which brokerages does Praxis currently support?

  Praxis currently offers seamless integration with leading platforms like Robinhood, Webull, and Thinkorswim.
• I trade in futures, forex, stocks, and crypto. When will Praxis support these assets?

  Praxis has planned expansions to support futures, forex, stocks, and crypto to ensure adaptability for traders in various markets.
• How is Praxis different from other trading journals?

  Praxis differentiates itself through its powerful AI-driven insights, emotional trading management features that map emotions to strategies, seamless integration, and a focus on providing actionable analytics rather than just logging trades.

Uptime Monitor

Uptime Monitor