Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Maintaining a forex trading journal is essential for both novices and seasoned day traders, as it enables them to monitor their performance and glean insights from their previous trades. Each trade, regardless of its outcome, provides a valuable lesson that can contribute to future successes. You can easily identify what strategies were effective and where improvements are needed. There's no requirement to input your trade entries and exits manually, as they can be automatically synchronized from Metatrader, allowing you to simply add your ratings and comments. Implementing specific strategies allows you to categorize each trade according to established criteria, such as trading rules, timeframes, and risk management practices. You have the flexibility to connect multiple accounts, enabling you to track and document trades for both your demo and live accounts across various Metatrader brokers. This feature ensures that you can efficiently manage your trading activities, no matter how many accounts you operate.
Description
Silo serves as an online trading journal and analytics tool tailored exclusively for traders working with prop firms like FTMO, Topstep, and Apex on funded accounts.
Users can enter details about their trades, including entry and exit points, trade size, chosen instruments, risk levels, and outcomes, while also documenting the strategies employed, along with chart images and personal reflections on their execution and mindset.
What sets Silo apart from standard journals is its real-time tracking of performance in relation to prop firm regulations, encompassing daily and overall loss limits, drawdown thresholds, profit objectives, and consistency standards, empowering traders to assess their compliance and readiness for evaluations.
The platform provides insightful analytics that highlight crucial metrics such as win rates, risk-reward ratios, expectancy, and profit factors, segmented by strategy, instrument type, trading session, and time of day, helping traders identify which strategies enhance their performance and which may detract from it.
Additionally, Silo incorporates a structured review process that fosters disciplined journaling, significantly aiding traders in successfully navigating their evaluations.
Offered as a subscription-based software service, it also includes a free trial for new users to explore its features.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
MetaTrader 4
No
MetaTrader 5
No
Pricing Details
$19 per month
Free Trial
No
Free Version
Yes
Pricing Details
$25/month
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Forexbook
Website
forexbook.com
Vendor Details
Company Name
Silo Journal
Founded
2026
Country
United Kingdom
Website
silojournal.com