As a trader, keeping track of your trades and analyzing their performance is crucial to becoming a successful trader and increasing profits. This is where trading journal software, such as TraderVue, comes in handy. However, with so many trading tools available in the market, it can be difficult to decide which software is reliable and worth your investment. This is where the question arises – is TraderVue legit?
In this blog, we will take a closer look at TraderVue and its features to assess its legitimacy. We will analyze its ability to import trades, automatic price charts, tagging and filtering, coaching/mentoring, charting studies, and trading analysis software. We’ll also look at the pricing and customer support options offered by TraderVue.
By the end of this blog, you will have a clear understanding of whether TraderVue is a legitimate and trustworthy tool for traders of all levels. Whether you are a novice trader looking to improve your performance or a seasoned professional looking to streamline your journal, read on to discover if TraderVue is the right choice for you.
Learn more about TraderVue
Tradervue is a trading journal software that was founded in 2011 by Greg Reinacker. Over the years, Tradervue has grown into a platform that serves more than 100,000 traders. The platform allows traders to objectively analyze their trades and their performance to improve their skills. Tradervue offers features such as automatic importing, automatic price charts, tagging and filtering, a dashboard, coaching and mentoring capabilities, chart studies, and trading analysis software.
In March 2021, SureSwift Capital acquired Tradervue, a company that specializes in acquiring and growing SaaS businesses. The acquisition ensures that Tradervue customers can expect the same great support that Greg Reinacker has always provided. The company also created a new team to manage the product roadmap and feature development, ensuring that Tradervue continues to grow and improve.
The founder of Tradervue, Greg Reinacker, has a strong entrepreneurial background and has been in the software industry for over 20 years. The company’s growth over the years is a testament to its legitimacy as a trading tool. With the acquisition of SureSwift Capital, Tradervue is well positioned to continue its growth and provide the support traders need to improve their performance.
Is TraderVue worth it?
As a trader, keeping a trading journal is essential to improving your performance. However, it can be difficult to manage all the data, especially when you focus on the markets. This is where Tradervue comes in as a powerful tool that offers enhanced journaling capabilities to help you track your trading history and analyze your performance.
With Tradervue, you will have access to a host of features that can help you take your trading to the next level. With the auto import feature, you can easily import trades from your broker or trading platform, making it easy for you to track your performance. And if your broker is not supported, you can still enter your trades manually, or import them from Excel or a text file.
Once you enter your trades, Tradervue’s automatic price charts make it easy to analyze your performance over time. You can see your buy/sell points on charts across multiple timeframes, from weekly down to 1 minute, giving you a comprehensive view of your trading activity. And with the tagging and filtering feature, you can categorize your trades in any way you see fit, and then filter them based on symbols, aspect, tick, duration or date range.
One unique feature of Tradervue is its coaching/mentoring capability, which allows you to give your trading coach or mentor access to your trading data. They can provide feedback and insights to help you improve your performance, and you can see feedback and have conversations with them about specific deals.
In addition, Tradervue provides you with chart studies, so you can see the same moving averages, Bollinger bands, and other indicators that you use during the trading day. And with running P&L charts, you can see the performance of your trade over time, and even see your combined profits and losses on day trades.
Tradervue also allows you to track commissions and fees, giving you a complete picture of your trading performance. And through its trading analysis software, you can access a range of reports and statistics, including detailed reports and stats, comparison reports, tick reports, advanced reports, and tick-based reports. You can even analyze your performance in terms of risk, with reports based on R.
If you are looking for a way to simplify your trading journal and take your performance to the next level, Tradervue is definitely worth it. The array of features and pricing options makes it accessible to traders of all levels, and its mentoring/mentoring ability can help you get feedback and insights from trading experts. With Tradervue, you will have everything you need to make informed decisions and track your progress, ultimately helping you achieve your trading goals.
TraderVue offers a trading community where users can share their stock trades, learn from others, and receive feedback to improve their trading strategies. By sharing their trades with the community, traders can explain their reasons behind entering the trade, their plan, and whether or not they followed that plan. Even if a trade doesn’t work out, traders can share it with the community to help others learn from their mistakes.
Privacy is a top priority when it comes to sharing trades on TraderVue. Traders can choose which trades they want to share and which information they want to exclude. Sensitive information such as profit and loss and stock volume are not shared, only notes, buy/sell points and specific charts are shared. In this way, traders can share educational information while keeping personal information private.
If multiple users trade the same symbol, they can compare their observations and strategies to gain insight into how others are trading with that particular stock. By default, trades shared on TraderVue do not include P&L and volume information. However, traders can choose to share this information if they wish.
Final Thoughts – Is TraderVue Legit?
After analyzing the various features and benefits of Tradervue, it is clear that the software is a legitimate and reliable trading tool for traders of all levels. With its ability to import trades from your broker or trading platform, automatic price charts, tagging and filtering, routing/routing capability, chart studies, and trading analysis software, Tradervue provides a one-stop solution for traders looking to improve their performance.
In addition, the acquisition of the company by SureSwift Capital, a respected company that specializes in acquiring and growing SaaS businesses, ensures that Tradervue customers can expect continuous support and improvement. Moreover, the founder of Tradervue, Greg Reinacker, has a strong entrepreneurial background and has been in the software industry for over 20 years, which adds to the legitimacy of the company.
If you’re interested in using Tradervue, you’ll be happy to know that the company offers three pricing options to choose from. The Basic plan is free and allows up to 30 trades per month, while the Silver plan costs $29 per month and offers unlimited trade entries, an enhanced journal, advanced reporting, and risk analysis. The Gold plan costs $49 per month and offers all the features of the Silver plan with additional features like multiple independent trading accounts, 5GB image storage, exit analysis tools, and liquidity reports.
Tradervue is a reliable and trustworthy trading journaling software that offers a range of features to help active traders and day traders improve their performance. With its easy-to-use interface, helpful customer support, and multiple pricing options, Tradervue is a worthwhile investment for traders of all levels and different trading styles. If you’re interested in taking your trading to the next level, be sure to check out TraderVue – click here to get started now.
Get started with TradeVue