Your journal can show a lot more data than just your PnL.
"What if" analysis is better than "estimation" or "random walks".
Why? You can clearly understand and even implement the former.
That's why exit anlaysis is now a dedicated tab in TradesViz v2.0.
Check it out ⬇️
Got some free time? 👀
Practice trading on TradesViz👇
✅Options, stocks, futures, forex
✅Any timeframe.
✅Tens of thousands of tickers.
✅2+ years of historical data (and continually collected)
^The only solution where you can practice, learn, and record all under one roof!
Here's the Running PnL Statistics chart on TradesViz trading journal.
Check the point highlighted in the bottom right corner.
Don't ignore this. Don't assume it's difficult.
Make an effort to analyze that.
Think about it.
Is that an indicator of a "good" trade? 🤨
Win-rate is a fun statistic 😆
Why?
That number alone can easily lie to you about your stats depending on how you slice your data 🙃
Check the stacked win-rate chart with the PnL overlay below from TradesViz.
Is this one piece of data enough for you to make strategy changes?
Can one outlier year sway your decision on how you use seasonality? 🤔
Here's an example:
Seasonality, fundamentals, and options flow for $FANG from TradesViz.
Use these data points to do case studies.
Just one per week will greatly improve your analytical capabilities.
You create a treasure trove of data every day if you trade.
It is more valuable than even the most expensive data/feed/tool you can get your hands on.
Why?
The most important part of a trading system is YOU.
This data is about YOU.
Spend some time to learn about it 😃
Fundamental + Seasonality combination for $WMT
Some interesting points:
* Check CapEx trend from 2020 Q4
* Seasonality of Apr month
On top of this, you can also check institutional holdings using SEC-13F analysis on TradesViz.
What's your take?Do you already have a position?
Busy earnings week! 😅
Today, we have:
$WMT $HD $PANW $FANG $NEO and more!
Create a watchlist on TradesViz's day explore view + plan ahead for the coming week with notes, tags & day plans!
10 mins of planning is all it takes to feel 2x more confident when starting your day.
One step at a time.
Focus your efforts on one part of your trading.
Start with recording what you are doing and checking back to see where things went wrong and what your strengths are.
It's *impossible* to evolve to the next stage if you keep ignoring your past data.
🤩 Auto-sync for MT4/MT5 (Yes! BOTH) coming soon to TradesViz trading journal!
✅Updates and improvements to the options simulator
✅Improvements in charting data
✅Improved PLENTY of broker's manual import modules
BTW, Did you explore our new open trades summary tab? ✨