Tapeboard vs Edgewonk — Trading Journal That Includes Live Market Data
Edgewonk is an annual-priced ($197/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 | $197/yr (one tier, annual only; promos vary) |
| Auto-log from paper trading | Every paper-sim fill writes a journal entry natively | Not applicable — journal-only |
| Live market data + scanner | Streaming quotes, 44 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 |
Competitor pricing and plan names checked against vendor pricing pages on 2026-10-07. Rows marked third-party sourced come from vendors whose pages block automated checks. Vendors change tiers independently, so verify on their site before deciding.
- You want monthly billing, not a $197 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 $374/yr (about $31/mo) on annual billing, vs Edgewonk's $197/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 real 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 every Tapeboard comparison in one place. For what the free tier and Pro include against the whole paid stack, see what Tapeboard includes and what it costs elsewhere.
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