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Can anyone recommend a service to track performance/establish a track record?


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Can anyone recommend a service to track performance/establish a track record?

  #1 (permalink)
Howard Roark
Oslo Norway
 
Posts: 439 since Aug 2018
Thanks Given: 393
Thanks Received: 532

Hello all! Merry Christmas!

For next year I'd love to establish an accurate track record which I could quickly show to anyone and which would hopefully be accepted as legitimate.

Right now, I track my own performance through Excel as my broker, Ninjatrader Clearing, only offers PDF statements and do not have a reliable electronic portal which tracks performance. A pity, really.

Is there any kind of service or solution that would be universally accepted for that purpose?

FundSeeder would be a perfect fit, but they do not seem to support my current broker (Ninjatrader Clearing).

Another one would be KINFO, but I just asked and they do not support Ninjatrader.

Swiset seems to support NT8, but not sure if it's what I'm looking for.

Thanks in advance.

Howard

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  #2 (permalink)
 doyalalexander 
Dallas tx
 
Experience: Intermediate
Platform: Thinkorswin
Trading: Es
Posts: 34 since Oct 2014
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Journalytix will track everything. Another option could be collective2. The latter would be better for proof. I like that, or brokerage statements personally.

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  #3 (permalink)
 iq200 
London, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
Posts: 408 since Jun 2010
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doyalalexander View Post
Journalytix will track everything. Another option could be collective2. The latter would be better for proof. I like that, or brokerage statements personally.

Which brokers does Journalytix support or does it get the trade data when you send the orders through a 3rd party Ninjatrader addon?

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  #4 (permalink)
 doyalalexander 
Dallas tx
 
Experience: Intermediate
Platform: Thinkorswin
Trading: Es
Posts: 34 since Oct 2014
Thanks Given: 7
Thanks Received: 45

https://journalytix.me/overview/

We support: Jigsaw daytradr, MT4, MT5, NT8, Stellar, TSTTrader, Tradovate, XTrader & Stellar . Or any of these data feeds: BitFinex, CQG, GAIN, Rithmic, & TT REST.

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  #5 (permalink)
 iq200 
London, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
Posts: 408 since Jun 2010
Thanks Given: 145
Thanks Received: 278


doyalalexander View Post
https://journalytix.me/overview/

We support: Jigsaw daytradr, MT4, MT5, NT8, Stellar, TSTTrader, Tradovate, XTrader & Stellar . Or any of these data feeds: BitFinex, CQG, GAIN, Rithmic, & TT REST.

In Ninjatrader 8 is it through an addon?

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  #6 (permalink)
 doyalalexander 
Dallas tx
 
Experience: Intermediate
Platform: Thinkorswin
Trading: Es
Posts: 34 since Oct 2014
Thanks Given: 7
Thanks Received: 45

Unsure. I used it through a Rithmic data feed. Pretty sure it would have to be an add on with NT8

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  #7 (permalink)
 iq200 
London, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
Posts: 408 since Jun 2010
Thanks Given: 145
Thanks Received: 278


doyalalexander View Post
Unsure. I used it through a Rithmic data feed. Pretty sure it would have to be an add on with NT8

OK Thank-you.

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  #8 (permalink)
Howard Roark
Oslo Norway
 
Posts: 439 since Aug 2018
Thanks Given: 393
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doyalalexander View Post
Journalytix will track everything. Another option could be collective2. The latter would be better for proof. I like that, or brokerage statements personally.

Thank you.

I wonder if Collective2 would be better for my purposes.

I simply want a service which tracks my performance automatically and which I could easily show to and have trusted by a 3rd party.

Have you used C2 yourself?

Thanks in advance.

Howard

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  #9 (permalink)
 doyalalexander 
Dallas tx
 
Experience: Intermediate
Platform: Thinkorswin
Trading: Es
Posts: 34 since Oct 2014
Thanks Given: 7
Thanks Received: 45

I have. They charge a small fee per month to ‘cover platform costs’. I used their NT8 plugin to let them see and track my trades. Worked pretty well except I use a low cost broker with low micro commissions and they use ‘average’ broker fees that are more than I pay. It made my micro strategy look a lot less profitable than it really was. That said, I gave a url that I could publish so people could look at my track record and decide to pay a fee to follow me. I decided to cancel until I scale up to mini’s where their average commission would better align.

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  #10 (permalink)
Howard Roark
Oslo Norway
 
Posts: 439 since Aug 2018
Thanks Given: 393
Thanks Received: 532



doyalalexander View Post
I have. They charge a small fee per month to ‘cover platform costs’. I used their NT8 plugin to let them see and track my trades. Worked pretty well except I use a low cost broker with low micro commissions and they use ‘average’ broker fees that are more than I pay. It made my micro strategy look a lot less profitable than it really was. That said, I gave a url that I could publish so people could look at my track record and decide to pay a fee to follow me. I decided to cancel until I scale up to mini’s where their average commission would better align.

That's pretty much a deal breaker for me, I think.

I'm looking for something which 100% tracks my real account including commissions and all other fees. FundSeeder does this. But they don't support my current broker. I could consider switching broker, but it may not be THAT important for me.

Thank you.

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