What is praxis.trade?
Praxis offers a sophisticated trading journal solution enhanced by artificial intelligence. It aims to help traders improve their performance by meticulously analyzing their trading activities. The platform provides tools for recording detailed trade information, including reflections and rationales, creating a comprehensive personal trading history.
Leveraging AI, Praxis delves into user trading data to deliver tailored optimization insights specific to individual strategies. It links trading decisions with emotional states, helping users understand and manage psychological biases. The tool features seamless integration with major trading platforms and provides interactive analytics that go beyond basic metrics, offering new perspectives on strategy strengths and weaknesses.
Features
- 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.
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.
FAQs
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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.
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praxis.trade Uptime Monitor
Average Uptime
100%
Average Response Time
186.1 ms
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