SDA Stock Trading Log / Journal 3
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ABOUT SDA Stock Trading Log / Journal
About Trade Log: Trade Log tracks historical trading profits by numerous reporting criteria and helps determine investor risk per trade. It is the ultimate trading log/journal. Trade Log is not a signal generator; it is a historical tracking and reporting system for all trades. I could not find anything out there that was simple to use that would do all this, so I built it. Being a software programmer by trade, I then added some commercial level strength to the software and made it available to the public. -New V3 Online Quotes, Open Trades Net Market P/L, Open Trades Market Value. Quote Information: Last --Price, Volume, Previous Close, Day's High, Day's Low, 52 Week High, 52 Week Low, Date of Last Sale, Time of Last Sale. -New V3 Account Register to record any account changes, ie Margin expense, Starting Capital, Withdrawal. -New V3 Additional Current Account Statistics. -Trading Log/Journal/Accounting Module tracks your trade history. -Current Account Status window see where you stand now. -Risk Reward Module helps you select the better trades. -Standard and custom reporting/analysis module on your trades. Capital Preservation is the Goal One of the main ideas behind Trade Log is to give the trader the tools to preserve capital so as to live to trade another day. Before you ever enter a trade, the first thing you should ask yourself is how much money am I risking here and can I afford to lose it? One of the most common mistakes new day traders make is that of "risking the whole wad" on one or two stocks. Thus, Trade Log's risk reward module is designed to help you define your risk reward parameters, exit points, stop loss limits, profit targets, entry point, amount of capital to commit to a trade, risk/reward ratios, at work dollars, and at work % risk. Therefore, you can make smart choices before making your trade. View the Risk Reward Tutorial. The ultimate Trading Journal.