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Trading Metrics for journals/record keeping
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Trading Metrics for journals/record keeping

  #91 (permalink)
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Thanks for your support! Once again shows this site would be nothing without you, I am truly amazed by the work you put into this forum!

But:
Big Mike View Post
You have to realize most people don't take the time to say thanks or reply, but they still use it.

Maybe I am wrong on this but I thought "most people" don't journal at all, I thought it was one of the reasons why "most people" are actually losing money....

vvhg

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  #92 (permalink)
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vvhg View Post
Maybe I am wrong on this but I thought "most people" don't journal at all, I thought it was one of the reasons why "most people" are actually losing money....

vvhg

Correct. I am just saying that you should not always give with the expectations to get. Sometimes you give because in the end, you will receive -- but it will be indirectly. So in other words, don't get discouraged because no one is giving feedback on the spreadsheet. Know that it all works out in the end.



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  #93 (permalink)
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Very happy to give without recieving!
I'm not selfish, except for trading that is of course

The only thing is that it's nice to know that you actually give something as opposed to producing sth useless....

vvhg

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  #94 (permalink)
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I'm using

I'm using the tracking spreadsheet. The other day, I went through much, but not all, of the overview tab fixing the formulas (rev 1.6.2). I got pulled away and never got back to it over the weekend.

This raises the questions:
  • How should I get the fixes to you?
  • How does one migrate to the newer revisions?
    • Are you just reentering the data in the new revision?
Samurai

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  #95 (permalink)
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Thank you very much @samurai!


samurai View Post
How should I get the fixes to you?

Best would probably be to send me the spreadsheet via PM so I can put it into the latest version and post it.


samurai View Post
How does one migrate to the newer revisions?

At the moment you would have to copy paste all the user entered data, I will work on making that easier for future versions.


Keep up the good work! I really appreciate the help!

About the overview tab div/0 errors, what do your corrections display? Sth that makes you realize that there isn't enough data to calculate?


vvhg

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  #96 (permalink)
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@vvhg

I'm still using the template and plan to download the new one, for which I'm grateful. However, I've made a lot of changes to my version, so I'm uncertain what approach I'll take to the new one.

As far as suggestions go, I added scatter plots for MFE and MAE to mine, which I find useful for evaluating stops etc, at least when first trying out new methods or ideas.

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  #97 (permalink)
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Scales and Stops analysis

I am attaching an xls that I use to analyze best scales and initial stop loss placement.
I have two objectives, first to share with fellow MBT's and hope this will help you the same way it helped me, and second to ask for corrections and suggestions.
This is very simple compared to other xls posted here but the objective is very focused too, just to milk a specific trade as much as possible.
I do not backtest but I like to follow a trade (or a new product) and take manual records for months before adopting it.
All the numbers are entered manually/daily, this way I have a good feeling for the specific trade and I am aware of externalities (news etc). For example if I do not trade a trend set up around news then I do not include it, on the other hand, if I am trading a breakout set up, then it should be part of the "around news" trade. So each one should decide what to include or not.
The first page shows the stats, best scales all in all out, and a reasonable stop loss location. The second page shows best scales in order to maximize r/r.
Instead of explaining in detail I will let you tear it apart (lol) and ask me questions.

I hope it helps.

Attached Files
Register to download File Type: xlsx Scales and Stops analysis.xlsx (143.5 KB, 170 views)
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  #98 (permalink)
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vvhg View Post
So....is anyone actually interested in this template? Or even using it?
I'd be happy to further develop this journal, but I don't want to spam the forum with updates noone ever needs....
Also I don't mind doing the excel stuff, but I can't always guess what functionalities you would like to add , so some input would be nice!

vvhg

Using it and liking it very much. please don't stop updating

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  #99 (permalink)
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futuretrader View Post
@vvhg

I'm still using the template and plan to download the new one, for which I'm grateful. However, I've made a lot of changes to my version, so I'm uncertain what approach I'll take to the new one.

As far as suggestions go, I added scatter plots for MFE and MAE to mine, which I find useful for evaluating stops etc, at least when first trying out new methods or ideas.

Sounds very interesting!
Would you be willing to to share your version? Perhaps I could have a look at yours :
1. to have a look at the changes you made and perhaps steal some of them for future versions
2. to hopefully find an easy way for you to update
3. I was already thinking about these plots and would really like to see how they turn out!


meyer99 View Post
I am attaching an xls that I use to analyze best scales and initial stop loss placement.
I have two objectives, first to share with fellow MBT's and hope this will help you the same way it helped me, and second to ask for corrections and suggestions.
This is very simple compared to other xls posted here but the objective is very focused too, just to milk a specific trade as much as possible.
I do not backtest but I like to follow a trade (or a new product) and take manual records for months before adopting it.
All the numbers are entered manually/daily, this way I have a good feeling for the specific trade and I am aware of externalities (news etc). For example if I do not trade a trend set up around news then I do not include it, on the other hand, if I am trading a breakout set up, then it should be part of the "around news" trade. So each one should decide what to include or not.
The first page shows the stats, best scales all in all out, and a reasonable stop loss location. The second page shows best scales in order to maximize r/r.
Instead of explaining in detail I will let you tear it apart (lol) and ask me questions.

I hope it helps.

Thanks a lot. I will have a very close look at your spreadsheet and, with your approval, might incorporate some into the journal...


vvhg

Hic Rhodos, hic salta.
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  #100 (permalink)
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@meyer99 great work, this looks very good!

It might be a good idea to stick that into the journal....
However, my first question would be how you define MFE for these calculations, as it clearly must be an after trade MFE!?

vvhg

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