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

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
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

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
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

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

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
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

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

Archived

This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
      23,059
    • Total Posts
      95,467
    • Total Members
      43,679
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Alastair
    Joined 02/10/23 23:07
  • Posts

    • Commodities Market Trading Report - Technical Analysis is Elliott Wave and Trading Strategies Content: US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Copper, Uranium, Crude Oil, Natural Gas. Commodities Market Summary: While the USD continues higher, gold and silver will continue to be lower. Copper will continue lower, while Uranium is in a bullish Wave (iv) corrective pattern. Crude Oil is creating five waves down from the high and Natural Gas still hasn’t given a buy signal. Video Chapters 00:00  TLT Bonds. US Gov Bonds 10/5 Yr Yields 07:19 US Dollar Index, DXY 12:02 Precious Metals: Spot Gold  / US Spot Silver / XGD 27:37 Base Metals: XME ETF, Iron Ore, Copper. Uranium URA. 33:35 Energy: XLE ETF / Crude Oil / Natural Gas  41:40 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge.com  Access Trial here  
    • I have recently researched cryptocurrency exchange tokens with good potential that would be a profitable investment for the upcoming bull market. This is what I found so far. 1. Binance's token BNB, BNB is the biggest exchange token and has done well over the years. However, its performance this year has not been great and it currently trades at over $200. 2. OKX's token, OKB, is trading at over $40 and has performed very well in 2023. It may be a good addition to our portfolio for the upcoming bull market. 3. Bitget's token, BGB. The BGB daily chart looks fascinating and it currently trades around $0.40. Based on the exchange's growth in 2023, BGB seems to be the most promising exchange token I have researched. I will continue to research other exchange tokens, but for now, I would like to know your thoughts on these tokens.
    • If you have been into cryptocurrency over the time, you'd have noticed it has faced a lot of ups and downs, from several crackdowns to adoptions, ranging from China's ban, to El Salvador's adoption, including Tesla's adoption and others, and it looks as though in an ever developing world of technology, adoption seems to be the resolution for advancing companies and now we have another adoption, Honda Motor Co. Honda Motor Co., a well-known Japanese automaker, has made a surprising decision to accept digital assets as payment for its goods. By collaborating with the blockchain payment platform FCF Pay, Honda now makes it possible for clients to lease or buy their cars and power equipment using different cryptocurrencies, including XRP and the most popular doge token, Shiba Inu (SHIB). This partnership increases the possibilities accessible to customers who may now purchase Honda's cars, motorbikes, and power equipment using digital currencies like Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), Polkadot (DOT), and other well-known cryptocurrencies in addition to XRP and Shiba Inu (SHIB) rather than conventional cash. The unique feature of Honda's offering is that it accepts a variety of more uncommon meme-inspired coins, such as Pepe Coin (PEPE), Floki Inu (FLOKI), Bone ShibaSwap (BONE), and Doge Killer (LEASH). Connecting the dots of various happenings in the crypto space and sudden adoption by various companies and even some economies, where do you see cryptocurrency in the coming years and what steps are you taking in preparation for it?
×
×
  • Create New...
us