Anyone use a computerized trading journal/spreadsheet that they would recommend? I'm looking at this one but would like some more alternatives. TIA
U.F.O.
http://tradingspread...om/default.aspx
Trading Journal Question
Started by
U.F.O.
, Jan 11 2009 07:47 PM
9 replies to this topic
#1
U.F.O.
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U.F.O.
Posted 11 January 2009 - 07:47 PM
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#2
Darris
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Posted 11 January 2009 - 08:06 PM
UFO, I do not recall you ever mentioning who your Broker is, but I do not think it is Interactive Brokers. At IB they provide a nice Daily summary of trading, and it can be downloaded. I have never used it other to glance at it, so am not sure if there are any charts that can be created from it. I would assume the download could be placed in excel, and you could create what ever you wanted.
Maybe IndexTrader has done something with it. FWIW.
Also just remembered, OGM showed an annual performance chart last year, but not sure how the base data was created.
#3
U.F.O.
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Posted 11 January 2009 - 08:18 PM
Thx. Darris. IB isn't my broker and as far as creating my own excel spreadsheet, I'm not exactly a computer guy. What I'm really looking for is a rocked out, existing program that I can just download and start entering trades on. User friendly is the key.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#4
zigzag
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Posted 11 January 2009 - 08:53 PM
That's a really good question. I'm interested in the same thing. TradeStation does a great job of that which is probably what OGM posted. TradeStation booted me from there brokerage so I could use a good third party journal. Right now I use excel but it only keeps track of basic percentages and trade dates and I have a basic chart linked to it. I might stick with it but it would be nice to have some statistical data which TradeStation had.
Edited by zigzag, 11 January 2009 - 08:54 PM.
#5
U.F.O.
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U.F.O.
Posted 11 January 2009 - 09:01 PM
zigzag, check out that link I put on my 1st post in this thread. This gatorguy's stuff looks pretty impressive. I did about an hours worth of Googling to find it.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#6
zigzag
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Posted 11 January 2009 - 09:22 PM
I'm thinking about buying a copy and goofing around with it. If I do I'll let you know. After a quick glance, the two big questions he doesn't anwer are
1. Can entries be easily edited. (like excel)
2. Does anyone or any company we know reco the product.
This question was brought up last year (at TT I think) and a good reco was made. I didn't pay attention because TradeStation still had my business.
#7
U.F.O.
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U.F.O.
Posted 11 January 2009 - 09:37 PM
Before you buy a copy (although it is cheap) go the FAQ section. The one thing I didn't like was he says if you have a monitor 17" or smaller there may be some viewing scale issues. I think he says this is an excel based system. He just layers on graphics and better visual format.
U.F.O.
Edited by U.F.O., 11 January 2009 - 09:39 PM.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#8
zigzag
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Posted 11 January 2009 - 09:39 PM
Yah. that could be a problem. I have three big screens but I might need to put it on my laptop too.
I just googled this.
http://www.informedt...t-software.html
edit: sorry it brought up your link
I just googled this.
http://www.informedt...t-software.html
edit: sorry it brought up your link
Edited by zigzag, 11 January 2009 - 09:40 PM.
#9
zigzag
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Posted 11 January 2009 - 09:46 PM
I just fired off some questions to the guy in your link. We'll see what he/she says.
#10
U.F.O.
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U.F.O.
Posted 11 January 2009 - 09:47 PM
Bravo zig. Lemme know what happens.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
