Master Trading Journal (English Version) by IvanniFX: is it worth buying?
The hardest part of trading isn’t finding a setup; it’s knowing if your setup actually works. Most traders drown in raw data—spreadsheets full of P&L numbers that don’t tell you why you won or lost. You end up guessing whether your Friday entries are bleeding money or if your “A+ setup” is just survivorship bias. That gap between “I traded” and “I traded well” is where capital leaks out. (Master Trading Journal (English Version))
The Master Trading Journal (English Version) from IvanniFX is built specifically to close that gap. It’s not just a logbook; it’s an analytical engine that forces you to look at your performance through specific lenses—day of the week, session, entry type, and asset. For $19.90, you get a system that tells you if you’re on the right track or if you need to change your approach, rather than just recording what happened.
Quick answer
| Best for | Forex and asset traders who want to move from “recording trades” to “analyzing performance” with automated stats. |
| Skip if | You are a complete beginner who hasn’t taken enough trades to generate meaningful data, or you prefer a completely blank, unstructured notebook. |
| Price | $19.90 |
| Format | Digital trading journal with built-in analytics, calendars, and checklists. |
| One-line take | A structured system that turns your trade history into actionable insights about your best days, sessions, and strategies. |
What you’re actually buying
At $19.90, this isn’t just a place to write down entry and exit prices. It’s a comprehensive dashboard that processes your trading data to reveal patterns you’d likely miss in a standard spreadsheet. The core value here is the automated analysis: the journal doesn’t just store your trades; it calculates your Win/Loss ratios and P&L splits for you, so you can see exactly where your edge is (and where it isn’t). (Master Trading Journal (English Version))
The structure is designed to answer the questions every serious trader asks but rarely has time to calculate manually. You get a calendar with daily P/L to spot trends over time, alongside a monthly P/L split that shows your account balance growth at a glance. But the real power is in the segmentation: the journal breaks down your performance by day of the week, trading session, and entry type (Buy vs. Sell). This means you can quickly see if you’re consistently losing money on Friday afternoons or if your short trades are underperforming your longs. (Master Trading Journal (English Version))
Beyond the stats, the journal includes practical tools for execution and review. There’s a lot size calculator specifically for EURUSD and GBPUSD, which helps you manage risk per trade without leaving the sheet. You also get a trade log with a section to attach links for TradingView screenshots, so you can visually reference the setup you took. Finally, a Trading Route Map template acts as an entry evaluation checklist, helping you ensure you’re following your plan before you click buy or sell. (Master Trading Journal (English Version))
One buyer noted the interface is “User friendly and easy on board for every traders,” which is a key selling point for a tool that needs to be used daily. If you struggle with complex spreadsheets, the fact that the Master Trading Journal is designed for ease of onboarding makes it a low-friction way to start tracking your performance seriously.
Why it’s on our radar
Most trading journals are either too simple (just a list of trades) or too complex (requiring advanced Excel formulas to make sense of the data). The Master Trading Journal sits in the sweet spot: it’s pre-built with the specific metrics that matter for discretionary traders—W/R by session, by day, and by strategy—without requiring you to build the formulas yourself.
The inclusion of a Trading Route Map and entry evaluation checklist is a standout feature. It shifts the journal from a passive record-keeper to an active decision-making tool. You’re not just looking back; you’re using the journal to validate your entries in real-time. For a trader who wants to know which day of the week is most profitable for their specific style, this level of segmentation is exactly what’s needed. (Master Trading Journal (English Version))
What actually matters
Before you buy, consider how you currently track your trades. If you’re using a blank notebook or a basic spreadsheet with no formulas, the jump to this structured system will be a significant upgrade. The key is to start filling it out consistently. The analytics only work if you have enough data points.
Check if the lot size calculator covers your main pairs. The listing specifies EURUSD and GBPUSD. If you trade other major pairs or commodities, you may need to adjust those formulas or stick to the core P/L tracking. Also, look at the Trading Route Map template. Does it match your current entry criteria? If your checklist is different, you’ll need to customize that section. The goal is to have a tool that fits your workflow, not one that forces you to change your trading style to fit the tool. (Master Trading Journal (English Version))
Mid-check
If you’re ready to stop guessing and start analyzing your trading performance, this is a solid, low-cost entry point. (Master Trading Journal (English Version))
FAQ
Is this journal only for Forex traders? While it includes specific lot size calculators for EURUSD and GBPUSD, the core P/L tracking, W/R analysis, and session breakdowns are applicable to any market where you can track entry, exit, and position size. You can use it for stocks or crypto, though you may need to adjust the specific calculator formulas for those assets. (Master Trading Journal (English Version))
Do I need to know Excel to use this? No. The journal is designed to be user-friendly. The calculations for W/R ratios, P/L splits, and session breakdowns are pre-built. You just input your trade data, and the dashboard updates. This makes it accessible for traders who aren’t comfortable building their own spreadsheets. (Master Trading Journal (English Version))
What is the Trading Route Map used for? It’s an entry evaluation checklist. Before you take a trade, you use this template to ensure you’re following your plan. It helps you avoid impulsive entries by forcing you to check off your criteria. It’s a risk management tool built into the journal. (Master Trading Journal (English Version))
Can I use this on mobile? The journal is a digital file, likely a spreadsheet or similar format. Its usability on mobile depends on the specific file format and your device. For the best experience, especially when using the lot size calculator and viewing the full dashboard, a desktop or tablet is recommended. (Master Trading Journal (English Version))
Bottom line
The Master Trading Journal (English Version) is a practical, no-nonsense tool for traders who want to understand their performance. At $19.90, it’s an affordable way to get professional-level analytics without hiring a developer or spending hours building a spreadsheet from scratch. If you’re ready to move beyond “I traded” to “I know how I traded and why it worked,” this is a strong option.