A trading journal that tracks your prop firm drawdown live
Daily loss limit, total loss limit, trailing drawdown. Configure your firm's rules once and watch how close you are to each limit in real time. Multi-account support on Pro.
Most journals will tell you your win rate. Useful. Less useful when you are 0.4% from busting your daily drawdown on a $200k FTMO challenge and your journal has no idea what an FTMO challenge is.
This one knows. You configure your prop firm account when you connect it: daily loss limit, total loss limit, whether the firm uses trailing drawdown (peak-equity-based) or static drawdown (starting-balance-based). The dashboard then shows DD remaining live as you trade.
What live tracking looks like
Take FTMO's standard challenge as an example: 5% daily loss limit, 10% overall loss limit, profit target 10% in phase 1 / 5% in phase 2. You input those numbers when setting up the account.
Open the dashboard during a session and you see:
- Daily loss remaining (e.g., $1,847 out of $10,000 on a $200k account)
- Total loss remaining (e.g., $14,300 out of $20,000)
- Trailing-DD recalculation as your equity peak updates (if your firm uses trailing)
- Days traded so far, against any minimum trading days your firm requires
- Per-account view if you are running multiple challenges at once
What it does not auto-enforce: consistency rules (best-day-vs-total-profit ratios) and news lockout windows. Those are coming. For now, watch them manually if your firm enforces them.
Where most prop firm traders blow up
Patterns we have seen across journaled prop firm challenges:
- Trailing drawdown calculation errors. Trailing DD updates on closed equity (peak-to-current) on most firms. People model it wrong, think they have $3k of room, actually have $700. The journal does this math.
- The consistency trap. One windfall day can violate consistency rules even though you passed the DD test. The journal does not auto-enforce consistency yet, but the daily P&L view at least makes the lopsided day visible at a glance.
- News trades inside lockout windows. Trading 90 seconds before NFP can void trades on funded accounts. The journal does not currently lock you out automatically. Set a desk-side rule for now.
How the AI Coach handles prop firm context
The AI Coach reads your trade history and your configured rule set, then writes feedback you can act on the next session. As an illustrative example, output for an FTMO phase 2 challenge might look like:
Specific to your trades, your firm, your rules. Not a stock summary.
Rule tracking by category
| Rule type | Tracked live? |
|---|---|
| Daily loss limit | Yes (auto) |
| Total loss limit | Yes (auto) |
| Trailing drawdown (peak-equity-based) | Yes (auto) |
| Static drawdown (starting-balance-based) | Yes (auto) |
| Profit target | Yes (auto) |
| Minimum trading days | Counted |
| Consistency rule (best-day ratio) | Manual, visible in daily P&L |
| News lockout windows | Manual |
| Weekend hold restrictions | Manual |
This page is going to be more honest about what is automatic than most competitor pages will be. If automatic news-lockout enforcement is a hard requirement for you, that is worth knowing now rather than after you sign up.
Standard vs Pro for prop firm traders
Live DD tracking, the AI Coach, multi-account, and live broker sync sit on the Pro tier ($55/mo). The 14-day Pro trial includes all of it. A card is required to start; cancel before day 14 and you are not charged.
Standard ($30/mo) gives you the journal with CSV/EA-webhook import and one account. Fine if you only want to review your funded results after the fact, not run live DD meters during the trading day.
Frequently asked
Which prop firms work with the journal?
What rules does the journal actually track?
Does it track consistency rules or news lockouts?
Can I get alerts when I am close to drawdown?
Can I track multiple prop firm accounts in parallel?
See your drawdown remaining live
Connect your prop firm account, configure your firm's rules, watch DD remaining update as you trade. 14-day Pro trial, cancel anytime before it ends.
Start the 14-day trial