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

  #511 (permalink)
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CYPen View Post
vvhg - I do not like your trade journal...because of the fact that it tells the truth. I was hoping I could continue to bury my head in the sand and not acknowledge the "negative" trading habits I've been doing for the past 3 weeks, which has led to horrible drawdowns and what-not.

Seriously though, I wanted to thank you for the work you've put into this thing. It has already shown me some of the bad habits I was trying to avoid -- like overtrading and improper SL profiles.

Keep up the great work!

-CYPen

Glad to hear that journaling helped you, it's probably not too hard to guess that I am a great believer in journaling and do so religiously...

vvhg

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  #512 (permalink)
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What do you guys think about day of week statistics, perhaps on overview tab like the hour of day charts??
I personally think it would be really interesting...

vvhg






PS. You are always welcome to chime in with your ideas!

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  #513 (permalink)
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vvhg View Post
What do you guys think about day of week statistics, perhaps on overview tab like the hour of day charts??
I personally think it would be really interesting...

vvhg






PS. You are always welcome to chime in with your ideas!

actually i thought it would be good for a full year review summary page.. for weekly, monthly, yearly stats.. would be really neat to see all of congregated data that way..

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  #514 (permalink)
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Good idea. But first we have to increase the max trades that can be entered, I think (currently around 2000). This shouldn't be a problem as the journal got a lot faster and smaller lately.
I am not too sure how the yearly would work out... but the rest shouldn't be a problem...
Any ideas what stats and layout this should have??

vvhg

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  #515 (permalink)
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vvhg View Post
Good idea. But first we have to increase the max trades that can be entered, I think (currently around 2000). This shouldn't be a problem as the journal got a lot faster and smaller lately.
I am not too sure how the yearly would work out... but the rest shouldn't be a problem...
Any ideas what stats and layout this should have??

vvhg

i will have to look at some other journals i think to get some ideas.. maybe we should start a poll to see if users keep a running journal from year to year, or if they start a fresh one every year.. although, if setup right you could keep a a running journal year over year if the weekly, monthly, yearly stats pages were setup right..

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  #516 (permalink)
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madLyfe View Post
i will have to look at some other journals i think to get some ideas.. maybe we should start a poll to see if users keep a running journal from year to year, or if they start a fresh one every year.. although, if setup right you could keep a a running journal year over year if the weekly, monthly, yearly stats pages were setup right..

It has got some advantages to run a continous journal, but then it also has got disadvantages (not even considering the number of trades recorded with a busy scalper...) perhaps we can find an easy way to notstore all trades from the big bang onwards but only theweekly monthly yearly day of week and so on stats....

Vvhg


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  #517 (permalink)
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vvhg View Post
It has got some advantages to run a continous journal, but then it also has got disadvantages (not even considering the number of trades recorded with a busy scalper...) perhaps we can find an easy way to notstore all trades from the big bang onwards but only theweekly monthly yearly day of week and so on stats....

Vvhg


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here are some ideas i got form this guy:

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i would like to see net, gross, and total commissions for each of the week, monthly, yearly for sure tho..

sorry for the bad quality of this screeny.. it was a screeny of a not to HD video that the guy posts to his blog..

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  #518 (permalink)
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madLyfe View Post
here are some ideas i got form this guy:

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i would like to see net, gross, and total commissions for each of the week, monthly, yearly for sure tho..

sorry for the bad quality of this screeny.. it was a screeny of a not to HD video that the guy posts to his blog..

Looks good. But I think we need some charts to go with it....

I think I might have an idea how I can create a data sheet that will be populated by vba and stores all the values wee need for weekly monthly and yearly stats....
I'll play around a little tomorrow.


Vvhg

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  #519 (permalink)
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vvhg View Post
Looks good. But I think we need some charts to go with it....

I think I might have an idea how I can create a data sheet that will be populated by vba and stores all the values wee need for weekly monthly and yearly stats....
I'll play around a little tomorrow.


Vvhg

like some pie charts?!?!?

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  #520 (permalink)
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vvhg View Post
What do you guys think about day of week statistics, perhaps on overview tab like the hour of day charts??
I personally think it would be really interesting...

vvhg
PS. You are always welcome to chime in with your ideas!

To expand on madlyfes idea,

I would appreciate a table or a chart to show how far you have to go to reach your weekly/monthly target or how far until you will hit your weekly/monthly DD limit (assuming you have one) and stop trading

A % would be great lets say target $500 (or a million) a week per contract- and lets say today you have done 10% of the target so it will show that you need another 90% to reach it
or
You have reached 30% of your weekly/monthly DD limit so you are still ok etc.

So overall you would see how good you are in reaching your goals and what is the normal/average weekly/monthly draw down.
This will force you to adjust your expectation to lower your targets if they are too big (we want to make milions a week but it may not be possible with your current strategy/market etc) and keep you cool during normal DDs and also alert you to anything unusual..

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