Forex Smart Tools - Trade Log and Advanced Calculator
The Trade Log and Advanced Calculator

Want To Work from Home?

Then Trade FOREX but do it the Smart Way

The Trade Log and Advanced Calculator

Want To Work from Home?

Then Trade FOREX but do it the Smart Way


  • Be Your Own Boss

    You can trade for yourself

  • Work From Home

    Make money in your pajamas

  • Work While You Travel

    All you need is your laptop & internet

  • Trade Any Time Day or Night

    Suit yourself – the markets are open 24 hrs a day



What's The Key To Becoming Profitable in Forex Trading?

Find Ways To Reduce The Risk
And that's why smart traders turn to the Forex Smart Tools

Trading Is Tremendously Competitive

Think about it...

For each trader that makes money... there is someone else losing money.

How do you place yourself on the winning side of that equation?

You have to be smarter than those other traders.

You need every advantage you can find.

And that's what's called "HAVING AN EDGE".

It's a Zero Sum Game
Which of these guys has the advantage?

I have a good strategy

I treat my trading like it's a business

I Log each trade and analyze it carefully.

I have the edge
I don't have the edge

I have a good strategy

X I just look at my end balance


Why use a Trade Log?

  • It's the best way to see which strategies work and which fail

  • A Trade Log is your own accountability coach

  • Store your screenshots with each trade for later analysis

  • You can easily compare currencies, sessions, entry triggers, exit plans, etc.

Words of Wisdom From A Master Trader...

The following excerpt about using a trading journal is taken from Dr. Alexander Elder’s excellent book “Trading for a Living“.

Are you sabotaging yourself? The only way to find out is to keep good records, especially a Trader’s Journal and an equity curve. The angle of your equity curve is an objective indicator of your behavior. If it slopes up, with few down-ticks, you are doing well. If it points down, it shows you are not in gear with the markets and possibly in a self sabotage mode. When you observe that, reduce the size of your trades and spend more time with your Trader’s Journal figuring out what you are doing.

You need to become a self-aware trader. Keep good records, learn from past mistakes, and do better in the future. Traders who lose money tend to feel ashamed. A bad loss feels like a nasty comment – most people just want to cover up, walk away, and never be seen again. Hiding does not solve anything. Use the pain of a loss to turn yourself into a disciplined winner.

Discipline means designing, testing, and following your trading system. It means learning to enter and exit in response to predefined signals rather than jumping in and out on a whim. It means doing the right thing, not the easy thing. And the first challenge on the road to disciplined trading involves setting up a record-keeping system.

Becoming a good trader means taking several courses – psychology, technical analysis, and money management. Each course requires its own set of records. You will have to score high on all three in order to graduate. Your first essential record is a journal of all your trades. You have to keep track of entries and exits, slippage and commissions as a well as profits and losses.

Another essential record shows the balance in your account at the end of each month. Plot it on a chart, creating an equity curve whose angle will tell you whether you are in gear with the market. The goal is a steady uptrend, punctuated by shallow declines. If your curve slopes down, it shows you are not in tune with the markets and must reduce the size of your trades. A jagged equity curve tends to be a sign of impulsive trading.

Your trading diary is the third essential record. Whenever you enter a trade, print out the charts that prompted you to buy or sell. Paste them on the left page of a large notebook and write a few words explaining why you bought or sold, stating your objective and a stop. When you close out that trade, print out the charts again, paste them on the right page and write what you have learned from the complete trade.

Traders fail because of impatience and lack of discipline. Good records set you apart from the market crowd and put you on the road to success. If you are serious about learning to trade, start with a relatively small account and set a goal of learning to trade rather than making a lot of money in a hurry. Keep a diary and put a performance grade on every trade.

Which of these two guys has the edge in his trading?

I have a great strategy

I'm very disciplined

I use The Advanced Calculator to accurately position size each trade I take

I have the edge
I don't have the edge

I have a great strategy

I'm very disciplined

X Position Sizing?
I use the same lot size for all my trades


Why use a Position Size Calculator?

  • Maximize your profits when you have a winning trade

  • Minimize losses – Never take a bigger hit than you are comfortable with

  • Precisely control RISK

  • Put the hidden power of Adaptive Position Sizing to work - we'll show you how.


The Trade Log in action

Applying smart analysis and using the principles of money management turns a losing strategy into a decent strategy and a good strategy into a great strategy.

We show you how to analyze the trades you take, reduce losses, increase gains, spot winning patterns and recognize trading habits so they can all be optimized – and find hidden losing patterns so they can be eliminated.

Years in Business

Reviews on Forex Peace Army

Forex Peace Army Reviews

Countries our customers are from

To be a profitable forex trader, manage your trading like a well run business.

Recording and carefully analyzing your trades is a major factor of success.

Records every trade from all your brokers

Reduces losses by identifying weak points in your strategy

Increases profit by analyzing entries and exits

Sorts trades to see what's working and what isn't

Stores screenshots and video of each unique trade

Creates equity curves for any parameter you set up, such as strategy, currency or timeframe

Acts as your own personal accountability coach.

Becomes your best tool to help you fine tune your trading decisions.

Professional traders know the key to consistent profit is money management.

Use the Advanced Calculator to gain precision with your money management like a Pro.

Regardless of your strategy or style of trading, before entering a trade it's critical that you know your correct position sizing and risk-control. This is the heart of money management that leads to success and long-term profitability.

The Advanced Calculator has several tabs that fine-tune this information for different styles of trading, including cost-averaging, stop-and-reverse, multi-leg positions based on feathering-in, and straddle or pending orders.

The Advanced Calculator is a free-standing PC application that lets you quickly and easily see this critical information for each currency pair you trade and for each account you hold.