Hot Take

A trading journal that knows your prop firm rules

Daily drawdown, trailing drawdown, consistency, news lockouts. Live meters and alerts for FTMO, Apex, MyForexFunds, and FundedNext. Built for the challenge, not as an afterthought.

Try Pro free for 14 daysSee how rule tracking works

Most journals will tell you your win rate. Useful. Less useful when you're 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 does.

We track daily drawdown, trailing drawdown, static drawdown, consistency rules, news lockout windows, weekend hold restrictions, and minimum trading days. For FTMO, Apex, MyForexFunds, FundedNext, The 5%ers, and FundedTraderPlus. If your firm isn't on the list, you can configure rules manually in about two minutes.

Live tracking

What "knowing your rules" means in practice

Take FTMO's standard challenge. 5% daily loss limit. 10% overall loss limit. Profit target 10% in phase 1, 5% in phase 2. Maximum trading days unlimited but consistency rules apply on payout.

Open the journal, and you don't just see your P&L. You see:

  • Daily loss remaining: $1,847 (1.8% of $200k)
  • Total loss remaining: $14,300 (7.15% of $200k)
  • Days traded this challenge: 8 of unlimited
  • Consistency score: 73% (best day is 41% of total profit, watch this)
  • News lockout active until 9:32am EST (NFP)

The consistency one matters more than people realize. You can pass the challenge and still get denied a payout if one day is responsible for too much of your profit. Most journals don't model this. We do.

Three patterns

Where most prop firm traders blow up

Three patterns we've watched repeatedly across thousands of journaled challenges:

  • News trades inside the lockout window. You took a trade 90 seconds before NFP because you saw a setup. The firm voids the trade and may bust the challenge. The journal flags this before you take it if you're using mobile alerts.
  • Trailing drawdown calculation errors. Trailing DD updates on closed equity, not floating equity, on most firms. People model it wrong, think they have $3k of room, actually have $700. The journal does the math.
  • The 70% consistency trap. One windfall day kills the payout. The journal shows the consistency ratio in real time so you can size down on subsequent winners or take partial profits earlier.
Pro tier

How the AI Coach handles prop firm context

The AI Coach reads your trade history and your firm's 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:

You took several trades during the news blackout window last week. The firm did not void them this time because the position closed before the release, but two were open during the announcement. If this happens on a funded account, the trade is voided and may trigger account closure. Consider a blackout reminder.

Specific to your trades, your firm, your rules. Not a stock summary.

Rule matrix

What it tracks across firms

Rule typeFTMOApexMFFFundedNext
Daily DDYesYesYesYes
Trailing DDNoYesNoYes
Static DDYesNoYesNo
Consistency rulePayout-timeYesYesYes
News lockoutYesNoYesYes
Weekend holdRestrictedNoNoRestricted
Min trading daysNoNoNo5 days

We update this when the firms change their rules, which they do quarterly. The journal handles the rule version your account was opened under.

Honest pricing

Standard vs Pro for prop firm traders

Live rule-aware tracking, the AI Coach, multi-account support, and live broker sync sit on the Pro tier ($55/mo). The 14-day Pro trial includes all of it with no credit card.

Standard ($30/mo) gives you the journal with CSV and EA-webhook import and one account. That is fine if you only want to review your funded results after the fact, not run live rule meters during the trading day.

FAQ

Frequently asked

Which prop firms are supported out of the box?
FTMO, Apex, MyForexFunds, FundedNext, The 5%ers, and FundedTraderPlus. Any firm with public rule definitions can be added on request.
Does it work with the firm's broker?
Yes. Most prop firms use MT4, MT5, or cTrader. All three auto-sync. For Apex's NinjaTrader connection, use the CSV import.
Will it alert me before I bust?
Yes. Configure thresholds. Telegram and email alerts at 80% of daily DD or 90% of trailing DD by default.
Can I track multiple challenges in parallel?
Yes on the Pro tier. Up to 10 accounts.

Stop guessing where your drawdown stands

Connect your prop firm account, pick your firm, and the rule meters start running. 14-day Pro trial, no credit card.

Start the 14-day trial

Related reading

Free trading journal overview
The core journal, free forever.
MT4 auto-sync for prop firms
Read-only credentials, real-time sync.
The Prop Firm Survival Guide
Free PDF on rules, traps, and week-one mistakes.
Compared to TradeZella
What's different and what isn't.