What Is BitStat?

In short. BitStat is a trading journal and performance dashboard built for traders who run funded prop firm accounts, live accounts, or both at once. It logs every trade with entry, exit, risk, and R-multiple detail, groups results by strategy and setup, tracks multiple accounts and payouts side by side, and rolls everything into a dashboard and calendar so a trader can see what is actually working without rebuilding a spreadsheet every week.

Most trading journals ask for the same basic fields: instrument, direction, entry, exit, result. What separates a usable journal from a spreadsheet nobody keeps updated is what happens after the trade is logged, whether the data turns into something a trader can act on before the next session. BitStat is built around that second part: one place to log a trade, tag it, and see how it fits into a pattern across a week, a strategy, or an account.

The trade journal

The core of BitStat is a trade log: entry price, exit price, stop loss, take profit, position size, commissions, R-multiple, and risk percentage, recorded per trade and grouped by month. Every entry also carries a strategy tag, a setup tag, a trading session, and the account it belongs to, so a single row in the journal already answers more than win or loss. A trading journal built this way turns review from re-reading trade-by-trade notes into filtering by any one of those fields at once.

Dashboard: where the numbers roll up

The dashboard pulls the journal into one screen: win rate, average R-multiple, max drawdown, profit factor, cumulative P&L, results by trading session, results by instrument, and a win/loss streak counter, all filterable by day, week, month, or a custom range. The goal is not another chart for its own sake, it is answering specific questions fast: is this month's drawdown inside plan, which session actually produces the edge, is the current losing streak inside the normal range for this strategy or outside it.

Important. A dashboard summarizes what already happened. It does not predict what happens next, and past win rate or profit factor is not a guarantee of future results. Treat the numbers as a review tool, not a signal.

The same screen also breaks results down by trading session (which session actually produces the edge, not just which one gets traded most) and by instrument (a pie-style split of trades and P&L per pair), so a trader can see whether performance is broad across everything traded or concentrated in one or two instruments carrying the rest.

Notes: the trading plan behind the trade

Not every trade decision fits into a data field. The notes section holds trading plans and trade write-ups with attached charts, so a setup can be documented before entry, not reconstructed from memory afterward: a higher-timeframe chart, a lower-timeframe entry chart, written reasoning, and an execution checklist (bias confirmed, liquidity swept, risk sized) that a trader checks off before pulling the trigger. Notes and journal entries stay separate on purpose. A journal entry is what happened. A note is why it was supposed to happen, which is the only way to tell, after the fact, whether a loss was a bad outcome from a good process or a process failure that happened to lose.

Strategies & Setups: two tags, not one

Strategies and setups are tracked separately. BitStat separates strategy (an overall approach, such as an intraday or swing system) from setup (a specific, repeatable pattern within that approach, such as a liquidity sweep or a fair value gap entry). Each gets its own trade count, win rate, P&L, and average R-multiple, and each can be organized into folders. The distinction matters because a strategy can look profitable overall while one setup inside it is quietly losing, or the reverse, a strategy with a mediocre headline win rate can be carried entirely by one setup worth trading more of. Without two separate tags, that detail is invisible in a single blended win rate.

Accounts: prop firm, live, and manual portfolios in one place

Traders running more than one funded account, a live account, or a manually tracked portfolio can see all of them under Accounts, organized into folders by phase or status, each with its own balance, P&L, win rate, and trade count, and a toggle to include or exclude an account from combined views. Accounts are grouped by type first, forex, crypto futures, or a manually tracked portfolio, and then by custom folders, so a trader running several prop firm evaluations at once can separate a Phase 1 account from a funded account without losing sight of either.

This matters specifically for traders juggling multiple prop firm evaluations at once, where a metric calculated across every account blended together does not match what any single firm actually reviews on its own account.

Payouts: what actually got paid, not just what the rules allow

The payouts view logs each withdrawal by date and account, rolled up into monthly totals, a running average, and a total-to-date figure. This is a record of realized payouts, distinct from a firm's payout rules or eligibility requirements, which depend on the specific firm and are covered in how prop firm payouts actually work.

Calendar: the same data, viewed by time

The calendar shows results at three zoom levels, monthly with a day-by-day and week-by-week breakdown, quarterly, and yearly, each cell colored by result and labeled with trade count and R-multiple. It is the same underlying journal data as the dashboard, organized by time instead of by metric, which is where a pattern like a specific weekday or a specific week of the month underperforming tends to become visible first.

Who this fits

The tool is built around three overlapping situations: a trader working through one or several prop firm evaluations who needs each account's rules and progress tracked separately, a live trader who wants a review process that goes beyond a broker's own trade history export, and anyone tracking a manually managed portfolio alongside active trading. The common thread is not the instrument or the account type, it is wanting a single place to answer "what is actually working" instead of piecing it together from a broker statement and a spreadsheet after the fact.

What BitStat does not do

BitStat does not place trades, connect to a broker to execute orders, or generate trading signals. It is a record-keeping and analysis layer that sits on top of trading a trader already does elsewhere, whether that is a prop firm platform, a live broker account, or manually tracked positions. Reviewing performance data does not replace a trading plan or risk management, and no journal or dashboard can turn a losing strategy into a profitable one by tracking it more closely.

This article is for educational purposes only and is not financial or investment advice. Trading with leverage carries a high risk of loss, and prop firm rules add compliance risk on top of market risk. Past performance does not guarantee future results.

Explore the BitStat dashboard, journal, and account tools to see how they fit into your own trading routine.