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How do you maintain your track record / trading log?

Discussion in 'Options' started by runmael, Apr 25, 2016.

  1. runmael

    runmael Member

    I see that a lot of traders are tracking their trades using Excel sheets, but I was wondering if there is a better way to do it? How do you maintain your track record and what metrics do you look at?
     
  2. vega4mike

    vega4mike Well-Known Member

    This is what Optionvue or ONE do very well. Some also use spreadsheets as you've alluded to.
     
    runmael likes this.
  3. runmael

    runmael Member

    Thanks! So I guess ONE and OptionVue are self-sufficient for maintaining the trading log. What about portfolio tracking (tracking live trades in contrast of examining already closed trades), how do you keep track of your portfolio metrics?
     
  4. AKJ

    AKJ Well-Known Member

    Excel
     
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  5. runmael

    runmael Member

    Thanks @Andrew John for the answer. Why do you keep your trades in excel and which metrics are the most important ones to you?

    I am still figuring out the process which should I employ for trade journaling
     
    Last edited: Apr 29, 2016
  6. AKJ

    AKJ Well-Known Member

    Because it is easy to use.

    Trade Date, Underlying, Strike, Volume, Multiplier, Price, Commission, Total Credit/Debit (net of commissions)
     
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