OK, I finally completed my spreadsheet and I took the time to verify the calculations by hand so I know this should be the final version that works very well. If you want to use the file with the original program I used to write it, itâs free at...(you click on Calc after installation) http://www.openoffice.org/ And some tips on how to use Microsoft Excel (the spreadsheet in the free Open Office is supposedly a âcloneâ of Excel)... http://www.youtube.com/watch?v=8L1OVkw2ZQ8 This spreadsheet will calculate the total profits or losses (including commissions as well), your percentage of winning trades (and losers), average profit or loss per trade, average percentage profit on winners (and losers as well), risk/reward ratio, number of winners (and losers) and total profits and total losses. All you have to do is type in your ticker symbols, entry price, exit price, number of shares traded, whether it was a long or short position and the commissions column you donât need to fill. (You can always click to change the formula and insert the right amount instead of $25. So, tell me if you like it.
HERE ARE THE FORMULAS IN CASE YOU WANT TO CONSTRUCT YOUR OWN. column A row 1: Equities Paper Trading row 2: Ticker symbol column B row 2: Long or short column C row 2: Entry price column D row 2: Exit price column E row 2: N of shares column F row 2: Profit or loss =IF(B3=âLâ;D3*E3-C3*E3;C3*E3-D3*E3) column G row 2: Net P/L =F3-25 (this is a $25 round-trip commission, you can double-click to change the amount) column H row 2: Profit=1 =IF(F3>0;1;0) column I row 2: Losses=1 =IF(F3<0;1;0) column J row 2: Total cost =C3*E3 column K row 2: % win or loss =F3/J3*100 column L (here the title is in column L but the formula is in column M so Iâll just add the title to the column M description) column M row 2: Total profit or loss =SUM(F3:F10) row 3: Including commissions =SUM(G3:G10) (in reality, the calculations for % of gain on winners etc is all done with the results excluding the cost of commissions) row 4: % of winners =M9/M11*100 row 5: % of losers =M10/M11*100 row 6: Avg P/L per trade =M2/M11 row 7: Avg % loss on losers =M15/M10 row 8: Avg % profit on winners =M14/M9 row 9: Number of winners =SUM(H3:H10) row 10: Number of losers =SUM(I3:I10) row 11: Number of trades =SUM(M9:M10) row 12: Total profits =SUMIF(H3:H10;â>0â;F3:F10) row 13: Total losses =SUMIF(I3:I10;â>0â;F3:F10) row 14: Total % gains =SUMIF(H3:H10;â>0â;K3:K10) row 15: Total % losses =SUMIF(I3:I10;â>0â;K3:K10) row 16: Risk/reward ratio =M8/M7*-1
Hey Dickweed: Do you ever contribute anything positive to this board? Your negativity on every thread starts to get old after a while. I just thought I would welcome you to my ignore list prick. el surdo