hi, are there other useful programs or web-based services than MS Excel (or any other spreadsheet tool) that suit a (day-)trader's needs? Whrere would i get features like: * easily grouping multiple entrys/exits to a single trade * automatically giving me a chart with entrys and exits marked on it * calculating the drawdown from the maximum book-profits to the close of the trade through automatically looking up in the tick-data of the underlying * calculating Profit factor, sharpe ratio, etc. Thanks in advance, rookie (i'm a 20y/o aspiring daytrader in Austria/Europe)
However I use Excel to do it, you can check http://www.stocktickr.com/ or http://tradingspreadsheets.com/default.aspx Viele Grüsse von Ungarn.
Here's another that uses excel: http://www.marginaccountcalc.com/home.html Futures and options only. Not sure if it can take a data dump directly from broker statements. Might be manual entry.
I use TradingSolutions to track my trades. It is supposed to be a AI system builder but it's CRAP however it does the job of a journal etc quite well. It's just a pity that it costs £'000s...I should have purchased a note pad!
Hi, Just use a simple Excel spreadsheet. I posted it in the trading journals section. Geoff ===== aka Cajun Sniper Trader/Administrator http://PureTick.com