Free Forex Risk Management Tracker — Built Into Your Journal
Risk management is not a separate tool — it should live inside your trading journal. TradePoa logs lot size, risk amount, risk percentage, planned vs realised RRR and drawdown on every trade, then shows you whether your risk management is actually consistent.
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Everything You Need — Completely Free
Risk Per Trade Tracking
Log your risk amount and risk percentage on every trade. TradePoa shows your average risk per trade, whether you are consistent at 1-2% risk, and which sessions you over-risk — the pattern most traders never see because they don't track it.
Drawdown Monitoring
Track your drawdown from peak automatically from your logged trades. Set drawdown goals for each prop firm account and TradePoa alerts you when you approach the limit — before you breach it and lose the funded seat.
Planned vs Realised RRR
Log your planned risk-reward ratio and TradePoa tracks the realised RRR after the trade closes. If planned RRR is consistently higher than realised, you are exiting winners too early. This comparison is the most actionable risk metric most traders never measure.
Lot Size History
Log lot size on every trade and TradePoa shows your average lot size over time, by account and by session. Spot if you are sizing up emotionally after wins or down after losses — both are signs of risk management drift.
Prop Firm Risk Rules
Set drawdown limit goals for each funded account — max daily loss and max total drawdown. TradePoa tracks remaining buffer in real time so you always know how much risk you have left before hitting the firm's hard stops.
Risk-Adjusted Performance
TradePoa shows profit factor and expectancy alongside your risk metrics. A strategy with 70% win rate but 3% average risk per trade is less efficient than one with 55% win rate at 1% risk. See the full picture, not just the win rate.
Frequently Asked Questions
How does TradePoa track risk management?
When logging each trade, TradePoa lets you record lot size, risk amount in currency, and risk percentage of account. The analytics page then shows average risk per trade, consistency of risk sizing, and drawdown from peak — all across any date range, account or strategy you filter.
Can I track prop firm drawdown limits in TradePoa?
Yes. Create a goal for each funded account with your firm's max daily loss and max drawdown limits. TradePoa tracks your remaining buffer and shows the worst daily loss in your account performance metrics.
Does TradePoa include a position size calculator?
TradePoa is a trade logging and analytics platform — you calculate position size before entering the trade, then log it. The analytics then show whether your sizing is consistent over time and how it correlates with performance.
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