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Thanks to all that replied, I was just curious to what other active
traders used. I will stick with the spreadsheet route and just add
more functionality to it.
--- In equismetastock@xxxxxxxxxxxxxxx, "hmliu" <l3intelligence@xxxx>
wrote:
> 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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