Hi Everybody, I'm trying to collect a trading track record for some time in order to provide services to clients. I am using Interactive Brokers. My question is if there is any system available that would collect trades from IB and would show the trade history. I tried using FundSeeder, but what i didnt like there is that their calculations are only based on the Net Liquidation Value. I'm looking to for a system that would track trades instead and would calculate the returns based on those. Thanks, Ruben
You only want to calculate your returns on margin used vs equity in the account? So an account with $100,000 equity but you are only using $50,000, based the returns on that?
*Start from scratch at C2, and possibly obtain more clients. *I've never done or heard of this: but perhaps you can get a well-known accounting/auditing firm to certify your trading record.
Yes, I need it because the net value of the account is misleading. If I start with $300k account, and monthly deposit $20k it might seem like 80% return during the first year. Instead what should really matter are the trades regardless of the account equity.
No it won't. Withdrawals and deposits don't affect your calculated returns in Fundseeder. You can also set the account so it ignores withdrawals and deposits when calculating equity value. You can set a fixed equity value in fundseeder. It won't be affected by p&l. That's what I use. GAT
If you're referring to "Nominal Account Size" calculation method I dont think that's what I was looking for. I was hoping to find service that would sum up realize profits/losses over a month/quarter/year and just divide by account value. Looks like I need to implement that on my own as well