NexusFi: Find Your Edge


Home Menu

 





Trading Metrics for journals/record keeping


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one vvhg with 354 posts (690 thanks)
    2. looks_two madLyfe with 202 posts (104 thanks)
    3. looks_3 petrmac with 73 posts (106 thanks)
    4. looks_4 Big Mike with 35 posts (165 thanks)
      Best Posters
    1. looks_one PandaWarrior with 75 thanks per post
    2. looks_two Big Mike with 4.7 thanks per post
    3. looks_3 vvhg with 1.9 thanks per post
    4. looks_4 petrmac with 1.5 thanks per post
    1. trending_up 331,911 views
    2. thumb_up 1,509 thanks given
    3. group 234 followers
    1. forum 946 posts
    2. attach_file 252 attachments




 
Search this Thread

Trading Metrics for journals/record keeping

  #711 (permalink)
naveen
mumbai
 
Posts: 10 since Feb 2011
Thanks Given: 4
Thanks Received: 0

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

Can you help answer these questions
from other members on NexusFi?
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
Exit Strategy
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Better Renko Gaps
The Elite Circle
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
22 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #712 (permalink)
 
vvhg's Avatar
 vvhg 
Northern Germany
 
Experience: Intermediate
Platform: NT
Trading: FDAX, CL
Posts: 1,583 since Mar 2011
Thanks Given: 1,016
Thanks Received: 2,824


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
Elite Membership required to download: Journal 4.2 beta stocks.rar
Reply With Quote
Thanked by:
  #713 (permalink)
naveen
mumbai
 
Posts: 10 since Feb 2011
Thanks Given: 4
Thanks Received: 0


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

Reply With Quote
  #714 (permalink)
naveen
mumbai
 
Posts: 10 since Feb 2011
Thanks Given: 4
Thanks Received: 0

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)
 
vvhg's Avatar
 vvhg 
Northern Germany
 
Experience: Intermediate
Platform: NT
Trading: FDAX, CL
Posts: 1,583 since Mar 2011
Thanks Given: 1,016
Thanks Received: 2,824


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
Thanked by:
  #716 (permalink)
naveen
mumbai
 
Posts: 10 since Feb 2011
Thanks Given: 4
Thanks Received: 0

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)
 
vvhg's Avatar
 vvhg 
Northern Germany
 
Experience: Intermediate
Platform: NT
Trading: FDAX, CL
Posts: 1,583 since Mar 2011
Thanks Given: 1,016
Thanks Received: 2,824


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
Thanked by:
  #718 (permalink)
naveen
mumbai
 
Posts: 10 since Feb 2011
Thanks Given: 4
Thanks Received: 0

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)
 
vvhg's Avatar
 vvhg 
Northern Germany
 
Experience: Intermediate
Platform: NT
Trading: FDAX, CL
Posts: 1,583 since Mar 2011
Thanks Given: 1,016
Thanks Received: 2,824


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)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,539


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

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:




Last Updated on June 1, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts