Free Trading Tools for Journal, Risk Management and Review

TradingSpace hub for free trading tools connected to the journal: position size calculator, risk reward calculator, drawdown recovery, prop firm risk, Monte Carlo simulator and trading journal template.

• Position size calculator - Lot size, pips, units and money at risk.
• Risk reward calculator - R multiple, target and break-even win rate.
• Drawdown recovery calculator - Recovery needed after a loss period.
• Prop firm risk calculator - Daily loss, max loss and challenge risk.
• Monte Carlo trading simulator - Best, median and worst equity paths.
• Trading journal template - Checklist for setup, session, risk and lesson.

Educational tools only. Not financial advice, not investment recommendations and not buy/sell signals.