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Excel or a Dedicated Trading Journal?

See how a manual spreadsheet compares with a journal built around imports, analytics and visual trade review.

1 min read

Excel or a Dedicated Trading Journal?

Why spreadsheets become difficult to maintain

Excel is flexible and can work for a small manual journal. As the number of trades grows, data entry, formulas and screenshot management take more time and consistency becomes harder to preserve.

  • Every trade must be entered or imported manually.
  • Advanced metrics require custom formulas.
  • Trade review is separated from the chart.
  • Large files become harder to organise and audit.

What a dedicated journal changes

TotalTrade is built around the trading workflow. Supported imports populate the Journal, analytics use a consistent structure and Trade Review brings entries and exits back onto the chart.

  • Structured imports from supported platforms
  • More than 25 analytics charts
  • Notes, tags and screenshots beside the trade
  • Visual Trade Review on TradingView charts

When Excel can still be enough

A spreadsheet may suit you if you make very few trades, prefer building every calculation yourself and do not need a connected review process.

Choose based on the review process

The relevant question is not whether Excel can store rows. It is whether your current system makes regular, consistent review easy enough to sustain.

Continue on TotalTrade

Explore the TotalTrade
toolset

01

Backtest

Test strategies on historical data, compare results and identify what to improve.

Explore Backtest
02

DeepView

Read seasonality, volatility, COT and sentiment in one market analysis.

Explore DeepView
03

Trading Journal

Organize trades and recognize patterns, mistakes and strengths.

Explore Journal