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TradeMetria Review

TradeMetria Review

When it comes to successful trading, there’s no shortage of tools and platforms to help you meet your goals. One of those tools is TradeMetria, a comprehensive, all-in-one trading journal platform that helps traders of all levels track their progress and improve their performance. It offers advanced features for analyzing historic data as well as new insights for future trades. In this TradeMetria review, we’ll take a closer look at TradeMetria and what it can offer aspiring traders.

What is TradeMetria?

TradeMetria was founded by a team of experienced traders, brokers, and financial professionals. It was designed to provide traders with a comprehensive solution for tracking their performance and optimizing their trading strategy.

The all-in-one trading journal platform has built-in features for analyzing historic data, setting intelligent limits, and organizing trades into portfolios. It also offers advanced analytics tools for finding patterns and signals in the data, enabling traders to make better decisions in future trades.

Analyzing your trades

For trading success, it’s essential to gain insight into the past performance of your trades. TradeMetria enables you to track the movements of any trade you undertake over its lifetime. You can then easily go back and analyze your trades in detail in order to gain important insights that can make a difference to future performance.

It also tracks important parameters such as profits and losses, win/loss rate, risk/reward ratio, drawdown percentage, and more. This makes it easy to identify which strategies are performing best and use them as templates for future trading.

TradeMetria provides advanced technical analysis capabilities that enable traders to find patterns and signals within the data. It also offers a library of pre-defined strategies along with visual aids such as charts and graphs which help traders make better decisions when entering or exiting positions.

Setting up Limits 

One of the key features of TradeMetria is its ability to help you set limits on how much risk you take on in any given trade. This is a great feature for helping traders stay within their risk tolerance levels, ensuring that trading remains profitable in the long run.

It also allows you to set various targets such as profits, losses, stop-losses, and trailing stops which are triggered automatically when they are met or exceeded. This helps reduce the need for manual intervention when entering or exiting positions and removes much of the emotion from trading decisions.

Organize Your Trades

TradeMetria also makes it easy for you to organize your trades into portfolios so that you can easily track different investments or strategies over time. This makes it easier for traders to analyze their performance for any given strategy or asset class, enabling them to adjust their allocation accordingly in order to achieve the best returns possible.

What does TradeMetria Cost?

Free Plan:

  • No cost, perfect for traders who don't want to spend extra on trade journal software
  • Limits: single account, 3 delayed quotes per month, 3 order imports per month
  • Features: track all asset types (stocks, options, futures, equities, forex, CFDs, cryptocurrency), individual journal for taking notes about trading strategies and performance metrics, analytics dashboard feature for generating insights about performance & risk, portfolio tracking for analyzing current status of open & closed positions

Basic Plan - $29.95 per month

  • Limits: single account, 100 order imports per month, unlimited delayed quotes
  • Features: All features from the Free plan plus API functionality for syncing with trading platforms & brokerages, Pnl simulator to identify risk & profit scenarios before trade placements are made, watch lists to follow particular stocks & ETFs, instrument rankings to compare performance across different asset classes, strategy rankings to compare different styles of trading strategies and day trading tactics, fundamental research feature to investigate specific trades in varying market conditions, data export capabilities to save analysis reports and insights

Pro Plan - $39.95 per month

  • Limits: up to 50 accounts tracked with unlimited delayed quotes and order imports
  • Features: all features from the Free and Basic plans to cover all aspects of trade tracking & risk analysis for multiple accounts

Pros: 

  • Easy-to-use, intuitive user interface for instant analysis of trades & performance
  • Offers a free plan with many features; great for traders who don't want to pay extra for trade journal software
  • Advanced features like API functionality and Pnl simulator available on paid plans; useful for developing and refining trading strategies in a simulated environment
  • Multi-account tracking capabilities on Pro plan; ideal for day & swing traders using multiple brokerages
  • Variety of data export options available (e.g. watch lists, strategy rankings, etc.) to store valuable insights and reports

Cons: 

  • Limitations on the Free plan (single account, 3 delayed quotes per month, 3 order imports per month)
  • No automated trade import feature; must manually upload trades before analysis
  • Higher cost than competitors (e.g. $39.95/month for Pro plan)

Final Thoughts

TradeMetria offers a comprehensive solution for successful trading through advanced analytics and automated intelligent limits. Thus, it's an ideal platform for any trader who wants to make informed decisions while keeping their risk profile low. With its intuitive layout, detailed reports, and sophisticated analytics capabilities, TradeMetria is an invaluable tool for achieving lasting trading success. Click here to try TradeMetria today.

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