Jump to content
  • 0
Sign in to follow this  

Who would like a trade analysis tool?

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. 

Share this post


Link to post

12 answers to this question

Recommended Posts

  • 0

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.

Share this post


Link to post
  • 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

Share this post


Link to post
  • 0

what sort of time frame  ??

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

Share this post


Link to post
  • 0

The shortest (3 months). And thanks for promoting this, it has been talked about off and on in the forum for years.

Share this post


Link to post
  • 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

Share this post


Link to post
  • 0

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.

Share this post


Link to post
  • 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.  

Share this post


Link to post
  • 0

James 

 

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

 

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

 

Can you provide for MT4?

Share this post


Link to post
  • 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. 

Share this post


Link to post
  • 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

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      8,806
    • Total Posts
      48,392
    • Total Members
      61,184
    Newest Member
    geop5
    Joined 29/03/20 21:36
  • Posts

    • This week is a crucial week for US indices I think especially end of the week. If we are going to see extreme Dow soon, the market will let us know.  The volatility is expected to pick up so money can probably be made in both directions with 1000+ points move again. I personally would not go long for a couple days. There are positions trapped right now going long from last week so I would guess some will be forced to endure some pain, unless they volunteer to take losses.
    • If it moves below $5k to maybe $4k again, it doesn't look like there is a great deal of support. Sure it can double in a short span of time but don't you think this is a very risky trade?
    • as explained earlier in the thread the cumulative risk reward ratio (auto calc'd on a spread sheet) plotted on the chart with the win rate is absolutely fool proof in revealing if a strategy is profitable of not. Also if you make any changes to the strategy the result will show up quickly in the stats so revealing whether the change was advantageous or not. Without hard statistics people have a habit of misleading themselves as to how well they and their strategy are really doing.
×
×