Vigil vs Edgewonk

Edgewonk is a psychology-focused desktop journal, no ai audit. It does what it does well. But prop firm traders face a specific challenge that general trade journals were not designed for: rule compliance. Your funded account does not care about your win rate chart or your tagged journal entries. It cares whether you breached the 5% daily loss limit. It cares whether your trailing drawdown hit the floor. It cares whether your consistency score dropped below the threshold.

Edgewonk's core thesis is sound: understanding trading psychology is critical. The problem is execution. Asking traders to manually tag their own psychological states (tilt, FOMO, revenge) creates a reliability problem. When you are in a state of tilt, you do not tag the trade as tilt -- because you do not recognize it in the moment. This means the very patterns Edgewonk is designed to track are the ones most likely to go untagged. Vigil removes this dependency on self-reporting. The AI analyzes your trade data for behavioral signatures -- sequences of trades that match revenge patterns, position sizing that escalates after losses, holding behavior that changes under stress. These detections do not require you to be self-aware in the moment. They work on the data alone.

• --Edgewonk requires you to manually tag behavioral patterns (tilt, revenge trading, FOMO). This demands the same self-awareness that caused the problems. Vigil detects these patterns automatically from your trade data using AI.
• --Edgewonk has no prop firm rule tracking. Vigil pre-loads drawdown types, daily loss limits, profit targets, and consistency rules for 20+ firms. No manual setup required.
• --Edgewonk is a desktop app with no cloud sync. Vigil is web-based with client-side parsing -- access your audits from anywhere while keeping your trade data private.
• --Edgewonk does not simulate trailing drawdown. Vigil replays your trades against your firm's specific drawdown type (static, EOD trailing, intraday trailing) and shows exactly when you would have breached.

Vigil is not the right tool for every trader. Here is when Edgewonk is the better choice:

• +Edgewonk's one-time pricing ($197) is cheaper long-term than any subscription. If you want to avoid monthly costs and do not need AI auditing or prop firm compliance, Edgewonk's pricing model is more economical.
• +Edgewonk's custom metric formulas and expected value calculations are genuinely powerful for traders who want to build statistical models of their edge. Vigil focuses on compliance and behavioral audit rather than custom statistical modeling.

If you trade a personal account and do not need prop firm compliance checking, Edgewonk may serve you well. But if you are spending $200-500 per challenge attempt and keep failing due to rule violations, Vigil pays for itself by helping you pass on the next try.

Edgewonk and Vigil solve different problems. Edgewonk focuses on statistical edge analysis with manual behavioral tagging and psychology tracking. Vigil focuses on prop firm rule compliance and AI-powered trade auditing.

If you trade a funded account and need to understand why you keep failing challenges, Vigil is the better tool. It checks your trades against your firm's exact rules, simulates trailing drawdown against your actual data, and uses multi-agent AI to surface the behavioral patterns that cause breaches.

If you need statistical edge analysis with manual behavioral tagging and psychology tracking and do not trade prop firm accounts, Edgewonk may be the right choice.

The best way to decide is to try both. Vigil's free tier includes 3 AI audits per month with unlimited trade importing. Upload your Edgewonk export, run an audit, and see what it finds. The audit takes under two minutes. The insights might save your next challenge.