Features — Rules, Journals & Analytics | PrecisionTrader
Feature guide

Everything you need to know about PrecisionTrader

A walkthrough of every tool—rules, brackets, position sizing, journaling, and analytics—so you can get maximum value from the platform from day one.

How It Works During a Trade

1

Before the Trade

Set your risk parameters, trading hours, and other guardrails that match how you trade, standardizing your risk across trades.

When a risk limit, like daily max loss, is hit, opening new positions is blocked. But, you can always close the position or reduce position size.

2

Entering the Trade

  1. Plan your entry/exit before entering. Add a stop loss, or use bracket orders with multiple take profit levels.
  2. Choose how much you want to risk per trade; position size will update as you move your stop loss on the chart.
  3. Sync your limit entry order with the latest price to avoid slippage. Or, place a market, stop or stop limit order.
3

During the Trade

Easily change orders by dragging them on the chart.

Enable Level 2 liquidity chart overlay to see where big orders are resting.

Move your stop to break even with one click. Risk is tracked in real time, and alerts trigger if limits are reached.

Position chart showing real-time position tracking
4

After the Trade

Whenever a new position is closed, a new trade journal opens. You can use predefined templates or configure your own so you can keep track of your trading and figure out what's working and not working.

Visit the health dashboard to learn more about how you're doing risk management wise.

New trade journal modal with entry form

Key Features

Set Your Trading Rules

The system enforces them automatically.

Set your trading rules to help you follow your trade plan. The system helps keep you aligned with your plan.

  • Max daily loss — auto-lockout when you hit your threshold
  • Max trades per day — cap how many positions you can open per day
  • Max risk per trade — standardize risk across all trades
  • Require a stop loss — ensures every trade has defined risk before placement
  • Allowed trading hours — set the specific hours you're allowed to trade (e.g., 9:30 AM - 11:00 AM EST). Outside those hours, new trades are blocked. You can still manage existing positions.
  • Manual lockout — set a timer when you're tilted, no override
  • Target Daily Profit — locks out new trades once you hit your daily profit targetComing soon
  • Consecutive loss cooldown — blocks you from opening new trades after several losses in a rowComing soon

Bracket Builder with Templates

Stop guessing your exits mid-trade.

Multiple targets & systematic scale-out — Set multiple take-profit levels with different quantities at each. Scale out systematically—25% at target 1, 50% at target 2, 25% at target 3. Define your exit strategy once, execute automatically.

1 Click Bracket Orders — Use templates (stop-only, single target, multiple targets) or create your own. Drag your levels on the chart, submit once—entry, stop, and targets all execute together.

Risk per trade & auto position size — Adjust risk per trade while you build the bracket; position size updates automatically—the same way it does when you drag your stop loss—so tuning a new trade setup stays fast with less friction.

Auto Position Sizing

Stop doing math while the market moves.

Set your risk per trade (dollar or percentage). Dragging your stop-loss on the chart automatically calculates your position size.

No spreadsheets. No mental math. No rounding up because the setup "looks really good." The system enforces your predefined risk on every single trade.

New trade journal modal with entry form

Pre-filled Trade Journal

You can't improve what you don't track.

Journal prompt opens automatically when you close a position with trade details pre-filled. Choose from pre-built templates or define your own—setup type, execution quality, emotions, what worked, what didn't.

30 seconds per trade. Builds a library you can review over time.

Stop repeating mistakes because you forgot what happened.

Chart with liquidity overlay showing price level clusters

Liquidity Levels Overlay

Stop guessing where liquidity sits.

The liquidity indicator uses Level 2 data displayed as a heatmap to easily identify clusters of large orders. See where institutional and other large orders are, right on the chart. This helps you spot potential stop loss sweeps and key support / resistance levels.\n\nRequires TradeStation Level 2 data feed subscription.

PrecisionTrader Mobile Chart Trading

Mobile-Optimized Trading

Trade anywhere without breaking your rules.

Full functionality on mobile. Manage positions, place bracket orders, and monitor your account on the go.

Your risk parameters travel with you. Whether you're on desktop or mobile, the system enforces the same rules.

Why PrecisionTrader?

vs. Native Broker Platforms

Most broker platforms focus on order execution, not rule enforcement. PrecisionTrader adds the discipline layer that's missing.

  • Automatic position sizing based on risk
  • Enforced daily loss limits
  • Trading hour restrictions
  • Automated trade journaling

vs. Journaling Apps

Journaling apps help you reflect after the fact. PrecisionTrader helps you follow your rules in real-time, before mistakes happen.

  • Prevents rule violations instead of just tracking them
  • Pre-filled journal prompts (trades auto-populated, quick review)
  • Integrated with your actual trading account
  • Real-time risk monitoring

vs. Sticky Notes & Checklists

You can write your rules down, but nothing's enforcing them. PrecisionTrader automatically blocks trades that violate your limits, even when emotions take over.

  • Automatic enforcement, not just reminders
  • Blocks trades outside your trading hours
  • Prevents exceeding daily loss limits
  • Enforces position sizing rules

vs. Youtube Gurus

Instead of just following someone else's signals, PrecisionTrader helps you define your own strategy, rules, and risk.

  • Build your own trading plan
  • Set rules that match your strategy
  • Define risk parameters that work for you
  • Enforce your plan, not someone else's

See the System in Action

Ready to Trade With Structure?

Start trading with structure and enforce your rules today.

Have feedback or a feature request?