Prop trading

A prop firm trading journal built on MT5

Prop trading adds rules to the job: a profit target, a maximum drawdown, and often a consistency requirement. Action Journal does not replace your firm dashboard, but it does show you the habits that put those rules at risk.

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Every account in one place

Keep evaluation and funded MT5 accounts side by side, each with its own journal and analytics.

Drawdown in view

See maximum drawdown from your own trade history, next to win rate and profit factor.

The habits behind the rules

Notes, emotion and ratings reveal the decisions that precede a rule breach.

Why prop traders need a separate journal

A prop firm dashboard tells you whether you are passing. It rarely tells you why a good week turned into a bad one. The trades are visible, but the sequence of decisions is not: the size increase after a loss, the extra trade late in the session, the setup you took because you were behind target.

A journal makes that sequence reviewable. Over a 30-day evaluation, the pattern is usually more useful than any single trade.

Track every account in one place

Connect each MT5 account the same way: broker, server, account number and investor password. Basic includes three accounts and Plus includes ten, so an evaluation, a funded account and a personal account can sit side by side without mixing their results.

Review the habits behind the rules

Maximum drawdown on the account, alongside the range net result.
Performance by session, which is often where rule breaches start.
Average win and average loss, to see whether size is drifting.
Journal notes and ratings for the trades taken under pressure.

What Action Journal does not do

Action Journal is a journal and analytics tool. It does not enforce your firm rules, calculate your firm-specific target, place or close trades, or replace the dashboard your prop firm provides. Always check your firm rules and your own account before making a decision.

Questions and answers

Does it work with FTMO, Topstep and other prop firms?

Any prop firm account that runs on MetaTrader 5 can be connected with its investor password, provided the firm allows read-only access. Action Journal is independent and is not affiliated with any prop firm.

Can I track multiple prop firm accounts?

Yes. Basic includes three accounts and Plus includes ten. Each account keeps its own trades, journal entries and analytics.

Does it calculate my prop firm drawdown rule?

No. It shows the maximum drawdown in your own trade history. Your firm calculates its rules from its own equity data, so always use the firm dashboard for compliance.

Can I journal trades on a funded account?

Yes. Journal entries work the same way on evaluation and funded accounts.