Most traders fail. Find out why you do.
Log your closed gold trades or upload your MT4/MT5 statement, tag the emotion and mistake behind every trade in two taps on your phone, and see what FOMO, Revenge trading, or moving your stop actually costs you in rands.
Two-Tap Emotion & Mistake Tagging
Tag every trade with emotions (Calm, FOMO, Revenge, Fear, Greed, Boredom, Overconfidence) and mistakes (Moved stop, No stop, Oversized, Early exit, Chased entry, Broke my rules). See immediately: “Trades tagged Revenge: -R4,200”.
MT4 & MT5 HTML Statement Import
Export your MT5 report or MT4 detailed statement as HTML and upload it. We parse your closed trades, de-duplicate by ticket number, and queue untagged trades for rapid review.
ZAR Position Size & Risk Calculator
Enter your rand risk amount, entry, stop-loss, and contract size. Uses the daily ECB USD/ZAR rate (with manual override) and always rounds down to your broker lot step.
Weekly AI Behavioural Review (Pro)
Every Sunday evening (SAST), get a plain-language review of your past week's behaviour: 3 behavioural observations, 1 strength, and 1 habit to focus on next week.
Simple ZAR Pricing
Start on the Free plan and upgrade to Pro anytime via Paystack.
| Feature | Free (R0) | Pro (R179/month) |
|---|---|---|
| Trades per month | 30 | Unlimited |
| MT4 & MT5 HTML statement import | ||
| Dashboard | Basic stats | Full, including emotion & mistake P&L breakdowns |
| ZAR risk calculator | ||
| AI weekly behavioural review |
Failed Trader is a journaling and education tool. It does not provide financial advice or trading signals.
Failed Trader never publishes buy/sell calls, trade entries, stop-loss or take-profit levels, setups, or market forecasts. All analytics and AI reviews are strictly retrospective analyses of your own logged trading behaviour.