For stock & index traders

The open is loud. Your plan should be louder.

Stock and index markets have their busiest minutes at the open and around the news. Luxabit holds every idea to your own trading hours and rules, works out your size in shares or index lots, and shows when in the day you keep your rules best.

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Luxabit

Trading plan

Write down your own rules. The coach holds every trade idea to them, and your journal scores each trade on how well you followed them.

These are your rules. The app never sets, suggests or judges them.

Risk & daily limits

Minimum R:R1 :e.g. 2 for 1:2Max risk per trade%% of your accountMax trades per dayStop after lossesLosses in one day before you stop

Playbooks

The setups you trade, each with its own entry rules and, if you like, its own minimum R:R and max risk per trade. Your trading hours, daily limits and general rules count for every playbook.

Main setup
Minimum R:R1 :Empty: your plan's limitMax risk per trade%Empty: your plan's limit
Rules for this playbook
1. 1.
Up to 5 rules.

Up to 10 playbooks.

Trading hours

Leave empty if you have no fixed trading hours.

FromToTimezone

Prop firm mode

Trading a prop firm challenge? Enter the loss limits you have to stay within. Luxabit measures each trade as its R times the risk % you state, so state your risk per trade.

Use prop firm mode

General rules

Entry criteria and habits in your own words that count for every trade, whatever the playbook. The coach checks each trade idea against them; in the journal you tick them off per trade.

1.Entry only after a confirmed retest
2.No trades right before major news

Up to 10 rules.

Fictitious example with made-up prices — not a trade idea.

Where it goes wrong

01Chasing the openThe first minutes move fast, and it's tempting to jump in before your setup is there.
02Size that doesn't fitA stop that's twice as wide with the same number of shares means twice the risk.
03Trades in many placesWith trades at more than one broker, your history is scattered and hard to review.

How Luxabit helps

Trading plan
In every plan
Your trading hours and your own rules, such as “no entries in the first 15 minutes”, checked on every idea in your own timezone.
Trading plan: read more →
Position size calculator
In every plan
Your size in shares, or in lots for index CFDs such as the US500, GER40 or NL25, so hitting your stop costs exactly the risk you chose.
Position size calculator: read more →
Trading journal
In every plan
Import your trade history from your broker's CSV or Excel export, so every trade is in one journal.
Trading journal: read more →
Discipline Score & patterns
In every plan
Your Discipline Score per trade and, on Trader and Pro, patterns by time of day: are your morning trades as disciplined as your afternoon ones?
Discipline Score & patterns: read more →

Questions

Does Luxabit work with my broker?

Yes. Luxabit never places trades: you type your own levels, so it works with any broker. You can import your history from a CSV or Excel file, which most brokers can export.

Is Luxabit for long-term investing?

Luxabit is made for active traders who take trades with an entry, a stop-loss and a target. It gives no investment advice and doesn't pick stocks.

Luxabit for other traders

Luxabit is an educational tool. It gives no investment advice, signals, price levels or recommended strategies, and is not licensed by the AFM. Trading carries a high risk of loss.

Your rules. Every part of your trading day.

Create a free account, write down your plan and check your next idea before you enter.