Trading Metrics for journals/record keeping - Psychology and Money Management | futures io social day trading
futures io futures trading


Trading Metrics for journals/record keeping
Updated: Views / Replies:166,640 / 928
Created: by Big Mike Attachments:253

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 253  
 
Thread Tools Search this Thread
 

Trading Metrics for journals/record keeping

  #711 (permalink)
Trading Apprentice
mumbai
 
Futures Experience: Beginner
Platform: mybroker
Favorite Futures: stocks
 
Posts: 10 since Feb 2011
Thanks: 4 given, 0 received

Trading journal

Hi,
Below im giving the steps to calculate commission for stock ( charges are as per indian cash market) :-


Buy Amount = number of shares * price per share when bought
Sell Amount = number of shares * price per share when sold

Total Transaction Amount = Buy Amount + Sell Amount

Brokerage = 0.03 % of ( Total Transaction Amount )

Securities Transaction Tax = 0.02 % of (Total transaction amount)

Service Tax = 12.5% of Brokerage

Net Commission = Brokerage + Securities Transaction Tax + Service Tax

also i am not aware about the usage of tick value, so could u suggest some reading material..

thanks ..

Reply With Quote
 
  #712 (permalink)
Elite Member
Northern Germany
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: FDAX, CL
 
vvhg's Avatar
 
Posts: 1,583 since Mar 2011
Thanks: 1,016 given, 2,807 received


naveen View Post
Hi,
Below im giving the steps to calculate commission for stock ( charges are as per indian cash market) :-


Buy Amount = number of shares * price per share when bought
Sell Amount = number of shares * price per share when sold

Total Transaction Amount = Buy Amount + Sell Amount

Brokerage = 0.03 % of ( Total Transaction Amount )

Securities Transaction Tax = 0.02 % of (Total transaction amount)

Service Tax = 12.5% of Brokerage

Net Commission = Brokerage + Securities Transaction Tax + Service Tax

also i am not aware about the usage of tick value, so could u suggest some reading material..

thanks ..

Have a look if this beta suits your needs.

As to tick value it simply is the value of the smallest unit the underlying instrument can move. So in your original example it would be 0.05 of the underlying base currency.

vvhg

Hic Rhodos, hic salta.
Attached Files
Register to download File Type: rar Journal 4.2 beta stocks.rar (982.8 KB, 69 views)
Reply With Quote
The following 3 users say Thank You to vvhg for this post:
 
  #713 (permalink)
Trading Apprentice
mumbai
 
Futures Experience: Beginner
Platform: mybroker
Favorite Futures: stocks
 
Posts: 10 since Feb 2011
Thanks: 4 given, 0 received

Trading journal


thanks man ...
its working fine..i will go through the posts to understand its usage better ..

Reply With Quote
 
  #714 (permalink)
Trading Apprentice
mumbai
 
Futures Experience: Beginner
Platform: mybroker
Favorite Futures: stocks
 
Posts: 10 since Feb 2011
Thanks: 4 given, 0 received

Trading journal

Hi vvhg,
I exit in two parts so was trying to to have only exit1 and exit2 columns in the sheet(it would be easier to read), but as exit3 data is used in many sheets im finding difficulty in modifying the journal.

I am using 4.2 beta stocks version given by you and have added methods and instruments as per my requirement and its working fine , removing exit3 would make it more readable and easy to use for me.

thanks,
naveen

Reply With Quote
 
  #715 (permalink)
Elite Member
Northern Germany
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: FDAX, CL
 
vvhg's Avatar
 
Posts: 1,583 since Mar 2011
Thanks: 1,016 given, 2,807 received


naveen View Post
Hi vvhg,
I exit in two parts so was trying to to have only exit1 and exit2 columns in the sheet(it would be easier to read), but as exit3 data is used in many sheets im finding difficulty in modifying the journal.

I am using 4.2 beta stocks version given by you and have added methods and instruments as per my requirement and its working fine , removing exit3 would make it more readable and easy to use for me.

thanks,
naveen

You have to chose always two exits on overview tab.
As a general rule, if you have to unprotect any sheet to change something, you'll probably break something.

vvhg

Hic Rhodos, hic salta.
Reply With Quote
The following user says Thank You to vvhg for this post:
 
  #716 (permalink)
Trading Apprentice
mumbai
 
Futures Experience: Beginner
Platform: mybroker
Favorite Futures: stocks
 
Posts: 10 since Feb 2011
Thanks: 4 given, 0 received

Trading journal

Hi vvhg,

I have hidden exit3 strategy columns, so it shouldn't be a problem(have also checked "always two exits option")..
its working fine now ..

Reply With Quote
 
  #717 (permalink)
Elite Member
Northern Germany
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: FDAX, CL
 
vvhg's Avatar
 
Posts: 1,583 since Mar 2011
Thanks: 1,016 given, 2,807 received


naveen View Post
Hi vvhg,

I have hidden exit3 strategy columns, so it shouldn't be a problem(have also checked "always two exits option")..
its working fine now ..

You don't need to hide the columns, that's all done automatically.

vvhg

Hic Rhodos, hic salta.
Reply With Quote
The following 2 users say Thank You to vvhg for this post:
 
  #718 (permalink)
Trading Apprentice
mumbai
 
Futures Experience: Beginner
Platform: mybroker
Favorite Futures: stocks
 
Posts: 10 since Feb 2011
Thanks: 4 given, 0 received

Trading journal

Hi,
I actually chose that setting "always use two exits" but it was still showing those exit3 columns so i had to hide them manually..
am i doing something wrong ?

Reply With Quote
 
  #719 (permalink)
Elite Member
Northern Germany
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: FDAX, CL
 
vvhg's Avatar
 
Posts: 1,583 since Mar 2011
Thanks: 1,016 given, 2,807 received


naveen View Post
Hi,
I actually chose that setting "always use two exits" but it was still showing those exit3 columns so i had to hide them manually..
am i doing something wrong ?

It should hide them automatically, are you sure you have macros enabled? I will also check on my side...

vvhg

Hic Rhodos, hic salta.
Reply With Quote
 
  #720 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,356 given, 83,237 received


Can someone let me know where we stand on NinjaTrader trades importing? A friend was asking and I was unsure.

Sent from my DROID RAZR using Tapatalk 2

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:

Reply



futures io > > > Trading Metrics for journals/record keeping

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Keeping it Simple Silver Dragon Trading Journals 26 September 19th, 2011 06:00 PM
Are there any journals that define a completely OBJECTIVE method? forrestang Psychology and Money Management 46 July 31st, 2011 02:07 AM
ZH0001YE'S Trading Journals zh0001ye Trading Journals 6 March 3rd, 2011 09:23 PM
reading journals rtrade Trading Journals 9 December 2nd, 2010 12:16 PM


All times are GMT -4. The time now is 03:19 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-18 in 0.12 seconds with 20 queries on phoenix via your IP 54.163.209.109