Software Alternatives, Accelerators & Startups

Wheelytics VS TradingJournal

Compare Wheelytics VS TradingJournal and see what are their differences

Wheelytics logo Wheelytics

Wheelytics automates your Wheel Strategy trading workflow – import, track, and analyze all your IBKR options trades in one beautiful dashboard.

TradingJournal logo TradingJournal

TradingJournal is a modern trade tracking app that helps traders understand their performance, reduce emotional mistakes, and optimize strategies. With risk analysis, pattern detection, and visual insights. Free and ad-free.
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  • Wheelytics Dashboard
    Dashboard //
    2025-04-30

Wheelytics is your all-in-one dashboard for tracking the Options Wheel Strategy using data from Interactive Brokers (IBKR) — automatically updated every day.

Group, track, and analyze your Covered Calls and Cash-Secured Puts with no spreadsheets required. Just connect your IBKR account and get fresh insights every morning — automatically.

  • TradingJournal
    Image date //
    2025-05-28
  • TradingJournal
    Image date //
    2025-05-28
  • TradingJournal
    Image date //
    2025-05-28
  • TradingJournal
    Image date //
    2025-05-28
  • TradingJournal
    Image date //
    2025-05-28

Wheelytics

$ Details
paid Free Trial $7.0 / Monthly ("Unlimited symbols and trades", "Single IBKR account")
Platforms
-
Startup details
Country
Latvia
City
Riga
Founder(s)
Vasiliy Pojarkov
Employees
1 - 9

TradingJournal

Pricing URL
-
$ Details
free
Platforms
Web Mobile PWA

Wheelytics features and specs

  • Auto-Grouped Options Trades
    Wheelytics automatically groups your options trades by symbol and strike, making it easy to track the progress of your Wheel strategy positions.
  • Net Income & Performance Metrics
    See proceeds, commissions, and net income for each option trade — all calculated and summarized in a clean, intuitive dashboard.
  • Seamless IBKR Flex Report Import
    Simply upload your Interactive Brokers Flex XML report and get instant insights without spreadsheets or manual formatting.

TradingJournal features and specs

  • Smart Trade Insights
    Automatically analyzes trades to provide patterns, performance metrics, and tips.
  • Risk Management Dashboard
    Visualizes your risk exposure, stop loss usage, and drawdowns per symbol.
  • Multi-Asset Support
    Works for Forex, Crypto, Stocks, Indices, Commodities, and other trading assets.
  • Interactive Charts
    Visual equity curves, win/loss heatmaps, and performance trends.
  • Strategy Optimization
    Identifies which trade types and timeframes deliver the best results.
  • Trade Logging & Filtering
    Add, edit, or filter trades by asset, result, risk level, and more.
  • Export & Sharing
    Export your trading journal or share specific stats with others.

Category Popularity

0-100% (relative to Wheelytics and TradingJournal)
Trading
29 29%
71% 71
Trading Psichology
0 0%
100% 100
Finance
100 100%
0% 0
Investing
100 100%
0% 0

Questions and Answers

As answered by people managing Wheelytics and TradingJournal.

Which are the primary technologies used for building your product?

Wheelytics's answer

Next.js, PostgreSQL, Tailwind CSS

TradingJournal's answer:

Replit

JavaScript / TypeScript

Node.js

OpenAI API (for smart suggestions and insights)

Supabase (database and auth)

Tailwind CSS (for styling)

What makes your product unique?

Wheelytics's answer

Wheelytics is purpose-built for retail options traders using the Wheel strategy. Unlike generic portfolio trackers, it auto-groups trades by symbol and strike, showing net cash, proceeds, and commissions in one place — with seamless IBKR Flex Report integration.

TradingJournal's answer:

TradingJournal combines simplicity with powerful insights. Unlike spreadsheets or complex platforms, it automatically analyzes your trades, surfaces patterns, and delivers actionable insights — all in a clean, user-friendly interface. It’s designed to help traders grow, not just record.

Why should a person choose your product over its competitors?

Wheelytics's answer

Most tools focus on stock portfolios or advanced Greeks. Wheelytics focuses on what Wheel traders care about: cashflow visibility, position grouping, and simple reporting. No spreadsheets, no complexity — just clear insights.

TradingJournal's answer:

Most trading journals are either too basic or too complicated. TradingJournal finds the sweet spot — it’s beginner-friendly but offers professional-level analytics like equity curve analysis, win/loss ratios, risk exposure insights, and more. It also respects privacy by not requiring personal data or tracking.

How would you describe your primary audience?

Wheelytics's answer

Retail investors and semi-passive traders using the Wheel strategy (selling cash-secured puts and covered calls), primarily those trading through Interactive Brokers from the US and Europe.

TradingJournal's answer:

Our primary audience includes retail traders in Forex, crypto, and stocks who want to become more consistent and disciplined. Whether you're just starting out or refining a strategy, TradingJournal is a tool to help you trade smarter.

What's the story behind your product?

Wheelytics's answer

Wheelytics started as an internal tool built out of frustration with tracking Wheel trades in spreadsheets. After seeing value in grouping trades and automating cashflow insights, it evolved into a public-facing tool for fellow traders.

TradingJournal's answer:

TradingJournal was born from the frustration of trying to track trades manually while missing key insights. We set out to build a journal that not only stores trade data but transforms it into real growth opportunities through automated analysis and user-friendly visuals.

Who are some of the biggest customers of your product?

Wheelytics's answer

Independent retail traders. Early-stage Wheel strategy enthusiasts. Self-directed IBKR investors

TradingJournal's answer:

Currently used by:

Independent Forex Traders

Crypto Enthusiasts

Day Trading Students

Trading Coaches and Educators

User comments

Share your experience with using Wheelytics and TradingJournal. For example, how are they different and which one is better?
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What are some alternatives?

When comparing Wheelytics and TradingJournal, you can also consider the following products

Track Theta - Import your covered sell put or sell call positions, track them in the options area and if assigned your future covered calls or puts would automatically be added under the same wheel so you can easily track your adjusted/break-even price

Trademetria - Trading journal for traders and investors.

Option Tracker - Portfolio management and trade analytics for US options traders

TraderSync - Biometric trading journal to trade without emotion

Monarch - Social media sharing plugin for WordPress

TradesViz - An online trade logging platform that does it all! Logging, charting, sharing, trade management, risk analysis and many more! The best trading journal to find and visualize your trading edge.