The words TakeJournal uses

Every plan.

Every word of our own is explained in one line in the app where it first appears, and here at length; Learn more next to such a line lands on its section below.

Master and follower

Master: the account you trade on; a copier mirrors its trades to the followers. Follower: an account the copier mirrors the master’s trades to.

The words are the copiers’ (TopstepX, Tradecopia, Replikanto say master or lead, and followers). In TakeJournal every account has a role on its page, under Copy trading: Single for an account that trades on its own, Master for the one the copier copies from (one per connection), Follower with its copy size (× the master) — 1 when both trade the same number of contracts, 0.5 when the follower trades half. A follower on another login, or a manual account fed by files, also names the connection whose master it follows. With the roles set, the master’s trade carries the decision and the followers’ trades attach to it by time and instrument; the copy audit then says which follower missed a fill, filled late or traded the wrong size.

Master only and All accounts

Master only: each decision once: the master’s trade, with the followers’ money summed next to it. Master + followers: the copy group as a whole: each decision as a block, the master’s row first and the followers’ trades beneath it. All accounts: every trade of every account, flat by time.

The Show switch in the filter bar of the dashboard, the calendar and the trades list has these three positions, and it appears once you have a master or a follower account. Master only is the view of your decisions: one row per trade of the master, with its result, size, fees and R, and the money made on all the accounts next to it (“+$1,394 on 6 accounts”); under a filter of several accounts the row says master before the figure, because the master’s trade counts even when its account is outside the filter. Master + followers is the view of the copy group: every account’s trade counted, the accounts outside the copier left out. All accounts is the view of your accounts: every account’s trade, one after the other. With one account chosen in the filters the switch reads “this account’s trades”: that account’s own trades, master and followers ignored. The technical name of a trade folded over its accounts is a logical trade; the screens say trade, the exports and the API keep the name (Master and followers).

View

View: a named set of filters applied with one click: ready-made from your accounts, or saved by you.

The View chip comes first in the filter bar. The ready-made views need no setup: one per firm with two or more accounts, one per account type in use, Real results while you have a practice account, one per broker connection when there are several. Save as view… keeps the current chips under a name (every chip but the dates, unless you tick include the dates); a view never changes the period of a page or the Show switch. A changed chip makes the view “edited”, with Save, Save as new and Back to view; Manage views renames, reorders, deletes and stars the one a new tab opens with. The view’s key is in the address (?view=apex-funded), its name in the heading of the dashboard and the calendar (the dashboard’s filters).

Manual account

Manual account: an account without a broker connection: its trades are typed in or imported from files.

Accounts → New account › My own account or A practice account, a firm’s product in the same wizard, or straight away Import a file (on Connections and on Accounts) and New trade on any page, which create the account on the way. A manual account has settings, a ledger and a distance to liquidation like any other, it can be a follower of a master synced elsewhere, and it counts towards the plan’s account limit like any other (your plan’s accounts); on the Free plan it is where hand-entered trades live. Trades by hand · Imports

Distance to liquidation

Distance to liquidation: how far the balance is from the firm’s liquidation level.

From the start balance, the drawdown rule and the trades, TakeJournal keeps the account’s liquidation level, the balance at which the firm closes the account, and the distance between the balance and that level. With a trailing rule the level follows the peak of the equity; on Trader and above it follows the open profit inside trades too, from the trade’s bars, as the firm’s intraday rule does, and every trade records the closest to liquidation it came. The Accounts page draws the distance as a gauge against the drawdown allowance, the dashboard’s card lists every account with the closest first, and the ticker above every screen names the account closest to its level. The firms’ own word for the same figure varies — Topstep says distance to MLL, Tradovate distance to drawdown, and at Apex or MyFundedFutures a buffer is the payout reserve — so TakeJournal says distance. The distance to liquidation

Drawdown rule

Drawdown rule: how the firm’s floor moves: with every new high, once a day with the close, or not at all.

The rule is set on the account’s page under Firm rules, with the drawdown allowance, the distance the floor keeps below the peak. Trailing intraday moves the floor with every new high of the equity, open profit included (Apex, MyFundedFutures, Bulenox); trailing end-of-day moves it once a day with the closing balance (Topstep, Apex EOD plans, MyFundedFutures EOD); static keeps a fixed floor below the start balance (FTMO 2-Step and most forex firms); none is for an account without such a rule. A firm’s product applies the right rule with the other rules of the account (Firm rules).

Account types

Account type: Evaluation, Funded, Live, Personal or Practice: what the account is for, and what the app does with it.

Type	What it is	The firms’ names	What TakeJournal does with it
Evaluation	the firm’s test of a trader, before anything is paid out	Combine (Topstep), Challenge (FTMO), Test (Take Profit Trader), Evaluation (Apex, MyFundedFutures)	counts in the real results; the firm rules and the distance to liquidation; a reset starts a new attempt; passing ends it, and the funded account that follows keeps the lineage
Funded	the firm’s account that pays out; the capital is still the firm’s and simulated at most futures firms	PA (Apex), XFA (Topstep), Sim Funded (MyFundedFutures), PRO (Take Profit Trader)	counts in the real results; the payout rules; the evaluation fees, activation and payouts in the ledger; Funded since
Live	the firm’s own capital, given to a trader who passed	LFA (Topstep), PRO+ (Take Profit Trader), Live (MyFundedFutures)	counts in the real results; no reset; deposits and withdrawals in the ledger
Personal	your own account at a broker or an exchange, your capital	—	counts in the real results; deposits and withdrawals; no firm rules unless you set some
Practice	a demo, paper or simulated account without a firm	—	its notes are kept apart (the calendar shows them with the type chosen), and it stays out of Real results

The type is set when the account is created and on its page; the Account type chip of the filter bar takes several types at once, with the presets Prop accounts (evaluation, funded and live) and Real results (all but practice). Account settings

R

R: the result as a multiple of the risk planned for the trade.

A trade’s plan on its journal names the stop (and the target) as prices, or the risk in money for a trade without a price stop; a trade without a plan takes the account’s default risk per trade as its unit. A trade that made twice what it risked is +2R, one that lost the planned risk is −1R. The dashboard adds the R of the closed trades up, shows the average and breaks it down by strategy, tag and hour, so a setup’s edge is read in units of risk, not in the dollars of whatever size you happened to trade. The journal of a trade

MFE and MAE

MFE · MAE: the best and the worst price while the trade was open.

The maximum favourable and the maximum adverse excursion, in points against the entry and in the money of the position at that point: how far the trade went your way before it closed, and how far against you it went in between. TakeJournal reads them from the trade’s bars on the plans with the charts and draws the two levels on the chart; elsewhere they are typed in on the trade’s page. A trade with a large MFE and a small result left money on the table; a large MAE on a winner says the stop was wide or the entry early. Charts, MFE and MAE

Exit efficiency

Exit efficiency: how much of the trade’s best move the exit kept.

The move from the average entry to the average exit over the MFE, in percent: 100% left at the best price the trade reached, 0% gave the whole move back, below 0 lost money after being in profit (−100% at most); a trade that never went into profit has none. Shown on the trade pages beside MFE and MAE, in the trades export and as an average per strategy on the dashboard. Charts, MFE and MAE