Tapeboard vs Edgewonk — Trading Journal That Includes Live Market Data
// Edgewonk is an annual-priced ($169/yr) deep-analytics trading journal with category-leading tilt scoring. Tapeboard is monthly $39 with journal plus live terminal plus paper-trading simulator, with shallower journal analytics than Edgewonk on a few specific axes.
// USE TAPEBOARD if you want monthly billing, native auto-log from a paper-trading simulator, a calendar heatmap, and live market data on the same screen as the journal.
| capability | tapeboard | edgewonk |
|---|---|---|
| Pricing structure | $39/mo Pro, $79/mo Terminal — no annual lock-in | $169/yr Edgewonk 2.0 (one tier, annual only) |
| Auto-log from paper trading | Every paper-sim fill writes a journal entry natively | Not applicable — journal-only |
| Live market data + scanner | Streaming quotes, 8+ scanner presets, Level 2 | Not a focus |
| Paper-trading simulator with L2 fills | Walks live Level 2 book, SSR + LULD + borrow modeled | Not included |
| Calendar heatmap (P&L by day) | Built-in monthly calendar view of daily P&L | Not included — text-summary analytics only |
| Mistakes & Tilt analytics | Custom-tag attribution; no proprietary tilt score | Edgewonk's signature feature — quantified tilt scoring against your own baseline |
| Trading Plan module | Free-form markdown notes per trade | Structured plan template with adherence tracking — more rigorous |
| Tax export tool | CSV export (Form 8949-ready columns) | More mature tax-export workflow with broker reconciliation |
| Methodology disclosure pages | /methodology/r-multiple, /methodology/journal-autolog published | Not published |
| Free tier | $0 indefinite, no card | No free tier; 14-day money-back guarantee on annual |
- // You want monthly billing, not a $169 annual lock-in — Tapeboard cancels month-to-month.
- // You paper-trade and want every sim fill in the journal automatically — Tapeboard's auto-log is native; Edgewonk has no sim to integrate.
- // You want a calendar heatmap of daily P&L — Tapeboard ships one in the journal; Edgewonk does not.
- // You want live market data on the same screen as the journal — Tapeboard's full trade journal feature breakdown is at https://tapeboard.com/trade-journal.
- // You rely on Edgewonk's Mistakes & Tilt analytics — the custom scoring system is genuinely unique and Tapeboard does not have an equivalent today.
- // You use Edgewonk's structured Trading Plan module with adherence tracking — Tapeboard's free-form markdown notes are looser.
- // You need a mature tax-export workflow with broker reconciliation — Edgewonk's tax tool is more polished than Tapeboard's CSV export.
- // You prefer annual billing for the discount and have already validated the workflow during their 14-day money-back window.
// Is Tapeboard cheaper than Edgewonk?
Per month, no — Tapeboard Pro is $39/mo, or $290/yr (about $24/mo) on annual billing, vs Edgewonk's $169/yr flat. On a pure-journal-cost basis, Edgewonk is cheaper. The trade is live market data, scanner, charts, and the paper-trading simulator that auto-logs into the journal. If you only need the journal, Edgewonk's annual price is hard to beat.
// Does Edgewonk have a paper trading simulator?
No. Edgewonk is journal-only. Tapeboard's simulator walks a Schwab Level 2 book, enforces SSR and LULD, and charges real borrow rates on shorts — and every fill auto-logs into the journal. Full breakdown at https://tapeboard.com/paper-trading-simulator.
// Can Tapeboard replicate Edgewonk's Tilt scoring?
Not directly. Edgewonk's Mistakes & Tilt module is a custom scoring system that quantifies emotional decision-making against your own baseline — it's genuinely unique and Tapeboard does not match it. If tilt analytics drive your improvement loop, stay on Edgewonk.
// Does Tapeboard have a calendar heatmap like the one Edgewonk users ask for?
Yes — Tapeboard's journal includes a monthly calendar view colored by daily P&L. Edgewonk users have asked for this feature for years; Tapeboard's full trade journal feature breakdown is at https://tapeboard.com/trade-journal.
// How is the R-multiple calculated?
R = (exit − entry) / (entry − stop) for long trades, sign-flipped for shorts. Stop priority is bracket order first, then manual stop field, then null. Full derivation at https://tapeboard.com/methodology/r-multiple.
// see how Tapeboard stacks up against other terminals:
// or compare Tapeboard against full platforms and terminals:
// the /alternatives hub indexes all 24 Tapeboard comparisons in one place.
One screen. Every market. No $2,000/mo bill.
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