Guides and free tools for forex and prop traders
Plain answers to what traders ask before a journal can help: getting the history out of MetaTrader, prop-firm limits, why the numbers differ.
How to keep a trading journal on MT4/MT5: the complete guide
Getting trades in without typing, what to record, the numbers that matter, matching the broker and a review routine you will keep.
8 min read
How to export your MT5 trade history (HTML or Excel report)
Five steps in the desktop terminal, which view to pick, what the report holds and why trades go missing.
5 min read
How to export your MT4 account statement (Detailed Report)
Four steps in the desktop terminal, what the report holds, how MT4 differs from MT5 and why trades go missing.
5 min read
Profit factor, expectancy and max drawdown in the MT5 report
Each number in the MT5 report summary, worked out on ten trades, with what it hides and how many trades it needs.
7 min read
Swaps and commissions in the MT5 report: where they hide and what they cost
The columns that hold the costs, how commission and swap are charged, and a month where they take 29% of the profit.
6 min read
Revenge trading: how to spot it and what it costs, in numbers
The five signs, a day and a month in numbers, how to measure the cost from your history and the rules that stop it.
6 min read
Trading rules: how to write ones you can check (with a template)
What makes a rule checkable, three kinds with examples, a template to copy and how to see what keeping them is worth.
6 min read
Which prop firms allow Expert Advisors? Rules with sources
Each firm’s rule on EAs, read-only journal EAs and outside access to the account, with the source and the date we checked.
4 min read
FTMO daily loss limit: how it’s actually calculated
The formula from FTMO’s own pages, a worked example, the midnight trap and what counts toward the limit.
5 min read
Why I failed my prop challenge: a 20-minute review
Find the moment the rule broke, rebuild the day, name one of three causes and write one rule for the next attempt.
6 min read
ICT and SMC concepts: order blocks, FVG, sweeps, structure →
Free tools
All free tools →Prop firm calculator: daily loss and max drawdown
Enter your account size and today’s numbers. See how much you can still lose before the daily limit or the overall max loss — and the equity you must stay above.
Prop-firm rule check
What each firm’s public rules say about EAs, third-party access to the account and journals — with the source and the date we checked. Free, no sign-up.