Trade Metric Tools – Discipline-focused trading toolkit

Summary: Trade Metric Tools offers free, private online trading utilities including a personalized journal, risk-reward calculator, and expectancy tracker without requiring login. It streamlines position sizing and risk management to help traders maintain accurate records and improve trade analysis.

What it does

It provides tools to calculate precise position sizes, define risk before trades, auto-calculate target prices based on risk/reward, and maintain a clean trading journal for consistent record-keeping.

Who it's for

Designed for traders seeking disciplined risk management and consistent trade documentation without complex or paid software.

Why it matters

It addresses common failures from poor risk management and inconsistent record-keeping by automating calculations and trade tracking to protect capital.