Jump to content
  • 0

Who would like a trade analysis tool?


JamesIG

Question

2018-04-10 12_39_06-IMG_1323.JPG ‎- Photos.png

Hi all - We are currently looking at options relating to reporting and trade analysis for clients, but we need your help. The proposed tool would give a overview of your trade activity with some useful insight to help your trading. I have an IG branded Tile up for grabs for one client who can answer the following question:

 

Question: If we were to offer a trade analysis tool, how far back would you go? What time frame is relevant? This is the most important question to answer in the comments section below. 

 

Please answer from the following:

  1. 3 MONTHS
  2. 6 MONTHS
  3. 12 MONTHS (1 year)
  4. 24 MONTHS (2 years)
  5. 36 MONTHS (3 years)

As a rough insight, this report could include (with a blurred out screenshot of how a report, purely for illustrative purposes, could look):

  • Percentage of win/loss ratio, with granular insight into which markets are more profitable for you.
  • Which channels do you use more (app, desktop)
  • Which markets you trade more of
  • Average length of and open winning/losing trade
  • Insight into losing trade, e.g. how many use a stop etc. 

 2018-04-10 09_20_46-Document2 - Word.png

 

Any other comments, discussion, or ideas would also be well received. 

Link to comment

12 answers to this question

Recommended Posts

  • 0
Guest PandaFace

I’m torn. Sometimes I think the longer the better for data analysis - however my trade style from 3 years ago isn’t how I trade now.

 

Ideallyyou can make it variable - I’d like both 3 month 12 and also 24.

 

If I only get one answer I’d like a year.

Link to comment
  • 0

Would be very useful. The win rate would need to be matched with something like Profit Factor or Risk/Reward Ratio to give a truer picture of overall degree of profitability (or not) and I think I would prefer the short time frame so you can collate and compare year quarters. Not too worried about graphs except perhaps an Equity Curve but if there was a breakdown such as in the pic below and then I could put them side by side would give a good guide to progress or in what areas changes need to be made.

 

 

an1.PNG

Link to comment
  • 0

Option 5 please. The longer the better. You can always filter out to a narrower time period that way and it satisfies everyone's requirements. The reason some of the smaller timeframes could be inadequate for some is because if you have a daily or weekly investing/trading strategy it will be too short to produce any meaningful analysis.

Good idea btw, long overdue

Link to comment
  • 0
Guest nhalabi99

Surely it would depend on the type of investor you are, considering factors such as risk et al.

 

For me, I prefer to invest long term, so 24months.

Link to comment
  • 0

I think it would be a good tool to have. I am an FX trader with IG, so I think option 3 would suit me best overall. Currently, I use excel to perform a trade analysis (on a monthly basis) which I find very useful. Perhaps the report could be customisable to suit what information each person wants.  

Link to comment
  • 0
Guest EA-trader

James 

 

Just code the report for input .I want it customisable for changing ,by myself.

 

Number of days................(X).....................

 

Can you provide for MT4?

Link to comment
  • 0

Thanks for the replies all. 

This would primarily be for the native IG platform, but I will pass on any feedback regarding other servers (i.e. MT4). 

 

Of course also feel free to download your statements each quarter from MyIG and do your own analysis on them, or get in contact and we can generate a longer time period for data. 

Link to comment
  • 0

Given the specific list of possible time periods for the amount of historic data I assume there is no chance of having, as in MT4, multiple choices or even a custom setting. Those who are longer term traders will of course need as long a period as possible though  they too would benefit from being able to break down time periods to examine market changes or any changes made to a strategy.

 

True anything is better than none at all tho I will continue with my own journal which is easy to fill out and I can make comments and attach a chart showing each trade (even MT4 doesn't do that).

 

An example of an MT4 report here (list of individual trades excluded) as well as the different choices of reports available from the account history.

 

mt1.PNGmt2.PNG

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,632
    • Total Posts
      91,899
    • Total Members
      41,912
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    PBEE
    Joined 25/03/23 10:02
  • Posts

    • Charting the Markets: 24 March The FTSE 100, DAX 40 and Nasdaq 100 slide on renewed banking woes while EUR/USD, EUR/GBP and GBP/USD drop as the US dollar, gold appreciate due to flight-to-quality flows. Crude oil and copper tumble on recession fears.  Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Friday 24 March 2023         This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.  
    • Market Breakdown | WTI Oil, EURUSD, GBPNZD, EURAUDHere are the updates & outlook for multiple instruments in my watchlist.1️⃣ WTI Oil daily time frame️The market is trading in a long term bearish trend .After the last sharp bearish movement, the market is steadily recovering.Ahead, I see a major horizontal supply area.Probabilities are high, that the next bearish wave will initiate from there.2️⃣ EURUSD daily time frameAfter a breakout of a solid daily resistance, the market is preparing for its retest.Watch carefully the underlined zone and look for buying opportunities from there.3️⃣ EURAUD weekly time frameThe pair is currently approaching a weekly horizontal resistance cluster.Taking into consideration, that the pair is quite overbought, probabilities will be high to see a pullback from that4️⃣ GBPNZD daily time frameThe pair is currently retesting a broken neckline of an ascending triangle . As we discussed earlier, the trend line of a triangle and its neckline compose a contracting buy zone now.Chances will be high that the next bullish wave will initiate quite soon.For Additional confirmation use: Divergence Indicators
    • #CHFJPY: Classic Bearish Setup 🇨🇭🇯🇵   🔻CHFJPY has nicely respected a confluence zone based on a horizontal 4H resistance and a 0.5 retracement of the last bearish impulse.   The price formed a double top pattern on that and broke its neckline.   Probabilities will be high that the pair will drop lower soon. Goals: 141.172 / 140.363  
×
×
  • Create New...