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Edgekeeper vs a trading spreadsheet

Almost every trader starts with a spreadsheet, and for the first fifty trades it is genuinely the right tool. What breaks is not the spreadsheet — it is the maintenance. The formulas that were right in January are subtly wrong by June, and nothing tells you.

Written by Edgekeeper, so read it as one side of an argument. Claims about a trading spreadsheet are structural rather than about price, and were last checked on 21 August 2026.

What a trading spreadsheet does better

  • Free, already installed, and yours forever with no account and no vendor.
  • Absolute flexibility: any column, any formula, any chart, no permission needed.
  • For a handful of trades a week it is faster than any app, and you can read every number back to the cell that produced it.
Edgekeeper
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What Edgekeeper does differently

The blank-cell problem

In a spreadsheet an empty P&L cell is zero. That single fact quietly counts your open trades as scratches, averages stop-less rows in as real 0R trades, and drags your win rate and expectancy toward the middle. Edgekeeper stores "no data" and "zero" as different things and every statistic respects the difference.

Trailing drawdown is not a subtraction

A trailing floor rises with your peak, sometimes on closed balance and sometimes on live equity, and it stops rising at a point that differs by firm. Modelling that correctly in a spreadsheet means a running peak column, a firm-specific cap and a reset time in the right timezone. Most sheets approximate it, and the approximation is optimistic in exactly the situation where being wrong costs the account.

It is on your phone, and it warns you

Your loss room today, before you place the trade, on whatever device you have. A spreadsheet tells you afterwards, if you remember to open it.

Choose a trading spreadsheet if
  • You have fewer than a hundred trades and no funded account.
  • You want total control and you enjoy maintaining the model.
  • You are testing whether you will journal at all — start there, it costs nothing.
Choose Edgekeeper if
  • You are inside an evaluation or funded account with a floor that moves.
  • Your sheet has quietly stopped agreeing with your broker and you are not sure where.
  • You want the numbers to keep working without you keeping them working.

Questions

Can I import my spreadsheet?

Yes. Save it as CSV and import it. The delimiter, the encoding, the date format and the number format are all detected, and you get a preview and a column editor before anything is written.

Can I get my data back out?

Yes — export to CSV whenever you like. It is a Pro feature, and your trades remain yours either way; you can also delete your account and everything with it, without contacting anyone.

What if I have already broken my account with a bad sheet?

Import the history anyway. The analytics are more useful on a full record than on a flattering one, and a broken evaluation is the cheapest lesson available if the record of it is accurate.

Try it against your own history

Free covers unlimited trades · 1 prop account with your firm’s real rules · 3 rules of your own, enforced · full core analytics · 3 screenshots. Pro is $15/mo or $129 a year when you want the depth. Import a CSV and see what your last hundred trades say.

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