Challenge:
To assist both novice investors and experienced traders, Right&Above has developed a powerful online trading journal. This tool is designed to support traders in reaching their trading goals, providing all key trading data at their fingertips and easing the tracking of trading patterns.
But why does a trader need a trading journal in the first place? It is used to track all trades and their outcomes, summarize trading activities and understand why some strategies work while others do not. Recording trades and analyzing their results enables traders to collect historical data that can influence future trading decisions.
Keeping a trading journal helps build discipline and a structured way to trading. It also allows traders to better track risk management techniques, rate their effectiveness and make improvements where necessary.
Solution:
Trading journal offers trading customization and improvement of the decision-making process. The intuitive analytical dashboard provides a full overview of trading activities, profits, losses, most productive trading sessions, and more. Also, the system provides easy access to detailed analytical materials and reports.
Traders can use the trading journal with auto-import of trades, which saves time and reduces the risk of manual errors. Detailed filtering capabilities allow for a more in-depth analysis of trading activities, and automatic price tracking helps control instrument changes. Interactive charts, customizable templates, and other features make it a flexible tool for traders of all levels.
The trading journal enables users to share their experiences with the community through the Link Up & Discover feature. This functionality allows communication with other traders, exchange of ideas and strategies while maintaining data confidentiality.
Result:
This project is implemented for traders to focus on successful strategies and maximize profits. The trading journal is an easy to use central hub to manage and thoroughly analyze all trading. This flexible tool offers the necessary information, helping traders make more informed decisions and perform their trades efficiently.
Technologies: HTML, CSS, TypeScript, React, Redux, NodeJS, NestJS, Postgres, REST API, Material UI, Git.