The trade you remember isn’t the trade you took.
Entries drift. Reasons get rewritten. Ledger of Alpha holds the record — your fills, your levels, your notes — written down when it happened, not rebuilt from memory later.
Ledger of Alpha is trade record-keeping and analytics software. It does not provide investment, financial, legal or tax advice, does not execute orders or transmit them to a broker, and never holds client funds. All figures are derived from trade data you supply. Past results do not indicate future outcomes, and trading involves substantial risk of loss. See our Financial Disclaimer.
Everything a trading desk needs — nothing it doesn’t
From the first setup idea to the weekly review, every tool works off the same trades and the same numbers.
Trade journal & planner
Log entries, exits, fees, and setups — stocks, futures, options (including multi-leg structures), forex and crypto. Plan a trade before you take it, then review it against what actually happened.
Analytics
A dashboard of your equity curve, open risk and a daily P&L calendar, and an analytics hub that breaks performance down by setup, tag, session and mistake — cumulative P&L, drawdown, win rate and expectancy.
Charting & watchlists
Charts, watchlists, and interactive setup charts that pin your entry, stop, and target on the candles — with drawings that stay put, and up to four charts side by side on Pro.
Risk & position tools
R:R, position sizing, Kelly, drawdown recovery, and risk-of-ruin calculators keep every trade inside your rules.
Multi-account
Track live, paper, and futures accounts side by side — each with its own balance, risk, and commissions. One account on Free, three on Essential, five on Pro.
Markets
The day’s market on one page, on Essential and Pro — indices, sectors and headlines beside your own day, plus a strip of the symbols you chose to track, with economic-calendar events marked on the dashboard.
AI-assisted review
Ask questions about your own recorded trades, or have a trade or a period summarized from what you logged. Every plan includes a monthly allowance of AI actions.
Goals & the review ritual
Set targets on your own metrics and watch progress, pace and streaks. A weekly or monthly pass walks the period trade by trade and ends on one committed action — which the next review opens with.
Prop-firm accounts
Record the rules your firm set — profit target, daily loss limit, drawdown floor — and see where your own logged trades stand against them, on the firm’s trading day rather than the calendar one. Evaluations and funded seats chain into one attempt, with the fees and payouts kept as a separate ledger from trading P&L.
Import & auto-sync
Bring your history in from a CSV with column-mapping that handles any broker, or use a dedicated importer for 10 of them. Supported brokers can auto-sync on a schedule, and re-syncing never duplicates a trade you already have.
Export & reports
Your trades leave as easily as they arrive — JSON for a full backup on Essential, or CSV and Excel with the columns you pick and the filters you are looking at on Pro. A generated performance report prints or saves as a PDF.
Excursions & sequence
Per-trade MFE / MAE from price history, exit efficiency across your trades, and order-aware breakdowns: what your position sizing and timing did after a loss, a streak, or your own daily loss limit.
Log every trade with the context that matters
Capture entries, exits, fees, direction, setups, and mistakes in seconds. Inline-editable tables mean you fix a fee or a timestamp without ever leaving the list.
- Setup planner with entry, stop, and target
- Notes, ratings, market context, and mistakes
- CSV import and broker sync to backfill history
Illustrative sample data — not actual or achievable results.
What the record actually says
Your recorded fills become cumulative P&L, win rate, profit factor, and expectancy — filterable by time, symbol, and account. Every figure is calculated from trades you have already taken.
- An equity curve with its drawdown underneath
- Break down performance by setup, symbol, and day
- Privacy mode masks the numbers in a shared room
Illustrative sample data — not actual or achievable results.
Size every position with confidence
Position sizing, reward-to-risk, and account risk are computed from your account balance — so you never risk more than your plan allows on a single trade.
- Position sizing off your account balance
- Reward-to-risk and R-multiple on every setup
- Kelly, drawdown-recovery, and risk-of-ruin tools
Illustrative sample data — not actual or achievable results.
A journal you’ll actually keep
Fast to log, honest with the numbers, and built to make review a habit instead of a chore.
Fast by design
Add a trade in seconds from anywhere — the chart, the trades page, or a keyboard shortcut. No friction means you actually log every fill.
Your data, your rules
Privacy-first, and your track record stays yours. Mask every sensitive number on screen with one click, and delete your account and its data whenever you like. Paid plans export the lot — JSON on Essential, CSV and Excel on Pro.
A record you can interrogate
A spreadsheet remembers what you typed. Ledger of Alpha lets you ask questions of it — by setup, by symbol, by session, by hour of the day — and answers from your own history.
Start free. Upgrade when you outgrow it.
A free plan that stays free — 1,000 trades on one account. Essential lifts both and opens every asset class; Pro adds the deeper analytics and prop-firm tracking.
Free
Build the journaling habit — free forever.
- Up to 1,000 stock & ETF trades
- 1 trading account
- Trade journal & setup planner
- Manual entry & CSV import
- Core dashboard + basic analytics
- 3 AI actions/mo to try it
- Risk & position-sizing tools
- Not included: Export your trades (JSON backup)
- Not included: Broker auto-sync (connections)
- Not included: In-depth Reports — performance & time breakdowns
- Not included: Markets — the daily market page
- Not included: Trading goals (targets on your own metrics)
- Not included: AI-drafted periodic review
Essential
For active traders who want the full picture.
- Unlimited trades · up to 3 accounts
- All asset classes — futures, options, forex & crypto
- Weekly & monthly review ritual with streaks
- Broker auto-sync — 1 connection
- In-depth Reports — performance & time breakdowns
- Markets — the daily market page
- Track 2 of your own symbols on Markets
- Per-trade MFE / MAE excursions
- Trading goals — 3 targets with progress & streaks
- 2 charts side by side
- 30 AI actions/mo
- Your weekly review, drafted from your own record (20/mo)
- Persistent chart drawings
- JSON export — take your trades with you
Pro
AI-assisted review & advanced analytics.
- Everything in Essential
- Up to 5 trading accounts
- Broker auto-sync — 5 connections
- Track 5 of your own symbols on Markets
- Excursion analytics — exit efficiency & adverse excursion
- Behavior: what you do after a loss, and results by emotion
- Unlimited trading goals, incl. drawdown limits
- 4 charts side by side
- Bar-by-bar backtesting on past charts
- Unlimited prop-firm accounts — targets, daily limits & drawdown floors
- 200 AI actions/mo — reviews, patterns & Q&A
- 40 AI-drafted reviews/mo
- Advanced correlation & Monte Carlo analytics
- CSV & Excel export with the columns you choose
- Generated performance report you can hand over
Payments are processed by Freemius, Inc., our reseller and merchant of record.
Want the full comparison? See all plans and features →
No card required. The 14-day trial gives you the Essential plan plus your pick of one of four Pro features — advanced analytics, csv, excel & reports, one prop-firm account, or backtesting — and when it ends you can keep using the free plan indefinitely.
Keep the Ledger. Become the Trader.
Join for free and get 14 days of Essential — plus one of four Pro features, your pick. No credit card required.