Averages are great - they are used everywhere.
Almost every trader uses SMAs/EMAs on charts.
Why not use it on your trading PnL chart to get a better overview?...
You can do a lot more using the trend charts on TradesViz trading journal.
P.S. Coming soon to TradesViz: Payoff…
📊TradesViz stat of the day: Running PnL metrics
What does this show? A scatter chart of positive running pnl duration vs pnl
Why is this important? To understand if you are holding your positions too long/short and if you are being too greedy...
How? Imagine this: you were…
1-2-3-4-5
Journaling: Everything starts with writing things down
Analysis: Find areas of interest
Planning: Choose an area to improve & plan
Execution: Put your plan into action
Evaluate: Once you have the results, go back to the drawing board
Try it this month.
It's Worth it
Interesting options pattern for $LLY
More than following large options, look for trends.
TradesViz's options flow screener specifically does this.
A trend shown over a few days is worth more in terms of "actionable info" than some random large print.
Think about it.
📉A large portion (around 72%) of volume is traded in the price range 50000+. This range contributed to 2% (-$1,063.85) of your total losses.
🤔Most of the losses came from 8% of the trades which were made in the price range between 2500 and ...
Simple automated insights +…
$NVDA symbol-specific full options flow data from TradesViz options flow dashboard.
If you want to take a position, don't follow anything, but learn from data.
Use TradesViz to analyze & make an informed decision!
TradesViz = Idea generation + Journaling + Simulation
70+ stats are available in overall statistics in TradesViz trading journal.
This has been an important tab since day 1 of TradesViz.
🤯It has been visited hundreds of thousands of times by tens of thousands of traders!
💡Tip: You can add any of this in the custom dashboard!
TradesViz Seasonality of the day: $STZ Constellation Brands Inc (earnings tomorrow)
💡 Did you know you can view seasonality, options flow, charts, tags, etc., for YOUR trades in the same view on TradesViz trading journal?
➡️ Check the Unified view in your trades table tab!
Simplicity in journaling:
1. Easy to access/explore data (1-2 clicks)
2. Necessarily data presented and visualized with minimum work
3. Flexibility in everything
4. Perfect balance between utility & feature abstraction
✅ TradesViz checks all these boxes.
Try it 👇
Last day of June ES simulation of first few minutes 👇
✅ Pick a random date
✅ Pick a random stock
✅ Start simulating
That's how you can start practicing trading!
Any time, any day.
With currently available tools on TradesViz platform, you can LEARN, PRACTICE & PROGRESS!