RizeTrade is a trading journal that builds discipline by auto-syncing trades from 800+ brokers and providing analytics to identify mistakes, track rule adherence, and improve consistency.
What is RizeTrade?
RizeTrade is a web-based trading journal that imports trade data from brokers, prop firms, and platforms (including Interactive Brokers, TD Ameritrade, Webull, TradeStation, Tradovate, DAS Trader, Charles Schwab, NinjaTrader, and 800+ others). It produces performance dashboards, P&L calendars, emotion-tag reports, strategy playbooks, and rule-follow scoring. The tool is developed by RizeTrade and runs entirely in the browser.
Key Features
- Discipline Tracker — Log emotion tags (overtrading, revenge, FOMO) on each trade; reports show total P&L lost to each behavior (e.g., overtrading cost $908 over 11 trades).
- Consistency Heat Map — Daily and weekly calendar view of P&L, win days vs loss days, and weekly totals to spot when “one more trade” turns green days red.
- Strategy Playbook with Rule-Follow Scoring — Create a checklist of entry/exit criteria (e.g., “Price Above VWAP”, “Rejection candle at VWAP”), track adherence per trade, and compare win rate with rules (74%) vs without (38%).
- Trade Chart Replay — View every trade on an embedded candlestick chart (5m/15m/1h) with entry/exit marks, notes, and execution details.
- Risk Management Dashboard — Track average hold time (winners 17h56m vs losers 15h54m), average win/loss ($118 vs -$63), win rate (38%), and per-symbol stop/target/R:R with risk percentage.
- Exit Analysis — Compare actual exit vs optimal exit to quantify how much early exits cost; pre-built reports on best/worst day of week and strategy performance scores.
Who is it for?
- Active day traders — Sync trades automatically from Thinkorswim, Interactive Brokers, or Webull, then review daily P&L and rule adherence to cut overtrading.
- Prop firm tryouts — Use the emotion tag report to identify revenge trades and rule-breaking that lead to blown accounts, then simulate P&L without those behaviors.
- Breakout and large-cap traders — Build a structured playbook for VWAP breakouts, opening range, pullbacks, or ABCD patterns, then score each trade’s execution.
What can you do with RizeTrade?
- Identify emotional trading patterns — Tag trades with emotions (revenge, FOMO, impatience) and see the exact dollar impact each emotion has on your P&L.
- Measure rule discipline — Create checklists for entry/exit criteria, track adherence per trade, and compare win rates when rules are followed vs ignored.
- Optimize exit timing — Run the exit analysis to see how much money early exits cost, then adjust stop and target placement based on actual data.
How does it work?
- Import — Connect your broker or upload a CSV file. The system auto-detects trades from supported platforms (TOS, WB, IB, TS, etc.).
- Analyze — Dashboards reveal patterns like win rate by hour (e.g., +23% at 9:30 AM) or strategy performance ranking.
- Improve — Track progress over time (30-day changes in win rate, profit factor, avg win) and repeat consistent processes.
Pricing
Paid subscription with two tiers:
- Essential ($24/month) — Includes discipline tracker, consistency heat map, P&L calendar, emotion tags, strategy performance, playbook with rule scoring, chart replay, stop/take-profit tracking, up to 3 trading accounts, unlimited strategies, and voice notes.
- Pro ($49/month) — All Essential features plus unlimited trading accounts.
FAQ
Is RizeTrade free?
No. RizeTrade offers a free trial (“Try For Free” link), but the product is paid-only: Essential at $24/month and Pro at $49/month. No free tier is mentioned on the page.
