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Brisbane, Australia
Experience: Intermediate
Platform: Sierra Chart
Posts: 60 since Aug 2020
Thanks Given: 56
Thanks Received: 109
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I use it as my main trade logging tool which it's great at, but not so great as an in depth analysis tool. They've recently added custom tags which has helped, but leaves much to be desired.
Positives:- Huge list of platform imports
- Scales in and out seamlessly
- Supports options, futures, equities and probably more.
Negatives- Unable to manually assign a trade as breakeven leading to inaccurate % win rate. - This one really annoys me.
- No MAE/MFE analysis
- Clunky analysis with custom tags. Hard to do comparisons with custom tags.
If you need something to just record trades and some basic stats, Tradersync is great.
If you need something to really dive into a problem area, Tradersync can do it, but depending on what you're trying to analyse, you may need the most expensive package, or it'll be clunky to setup, or it's just plain not available.
Examples:- What's the planned R multiple vs actual R multiple?
- What is the MAE/MFE compared to last month?
- What's the impact when I move my stop up vs leave it static?
- What is the R distribution of a particular setup?
For in-depth analysis, I use Edgewonk. Once Edgewonk improves their importing process, I'll probably switch over and never look back.
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