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Stay with spreadsheet as it is simple if u know how to get around the
spreadsheet.
I use it for my cash balance..stock sold..open positions..all my
years of trading and would not give up for anything else.
hml
--- In equismetastock@xxxxxxxxxxxxxxx, "Vassilis" <vas_greece@xxxx>
wrote:
> I think using excel is the best solution.
> I found some good ideas in Mr Elder's book "come into my trading
> room". I will not change the flexibility of excel.
> I have to "pages", one for the closed trades and one for the open
> ones.
> For the open trades:
> I have columns with date,stock name, number of shares and initial
> cost (including commissions). At the end of each day I write down
> the closing price and have excel calculate the difference (profit
or
> loss) with the percentage. I also add up all the trades to know
what
> is my total exposure to the market.
>
> For the closed trades (well almost the same with the open trades)
> Well you can imagine I write down the total income from the sale
> (minus the commissions) and the total profit/loss for each trade.
In
> a column I calculate the total days that I was exposed and the
> anualized percentage of profit/loss.
>
> It is very simple but I will not change it with any ready made
> program.
> Regards
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pmgoody2000 <no_reply@xxxx>
> wrote:
> > what do you guys use to track your trades? any freeware
> applications
> > out there that you guys use? I've been using an excel sheet that I
> > created, but looking for other(cheap) alternatives.
> > thanks in advance
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