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I made a small application to review my trades and make some statistics about the results of each strategy. I wrote it because I needed some tools to speed up my journaling and to help me reviewing my trades and didn’t find something out there that was exactly personalizable for my style of trading and my way of journaling... Thought that sharing it with you guys would be a way to give back some of the great help that I received from this community! Features The application imports automatically from the DAS logs your trades and displays: The results for each trade and trading day All the entries and exits If you use hard stops based on trigger orders, the risk of the order/trade The risk/reward of the trade, based on the S.L. orders or on a fixed $ amount You can create trading strategies and associate to each trade additional information: The strategy used Whether the setup was valid or not according to the strategy, and if your execution of the strategy was good The theoretical maximum target that could be reached -> based on that the app calculates the maximum result of the trade if you closed your whole position at the max target If the trade is a “playbook trade”, i.e. if you want to add it to the list of your “ideal” trades for this particular strategy You can associate custom tags to the trade You can choose to exclude the trade from the calculations of the daily results and of the statistics You can attach a screenshot from the clipboard, or import it from a file You can add quick comments as well as a detailed review of the trade Based on that, the tool calculates some statistics: Number of trades and global result of the trades in each strategy Number of winners/loosers, percent winners/loosers and average winner/looser in the strategy Average result and average max result of the trades in the strategy Average risk/reward and max risk/reward of the trades in the strategy You can filter the trades for which you want the statistics: Start date/end date Time of day Strategy Direction (long/short) Whether the setup is valid, and whether the execution was good You can select the playbook trades only You can filter the trades by tags You can select only the winner or the looser trades You can filter by trading account You can visualise the equity curve of your trades: You can filter the trades used to calculate the equity curve The equity curve is synchronized with the statistics Screenshots Download Setup: Download and run the installer inside the zip. Once installed, just select the DAS Trader directory and the application will automatically start loading your trades. If you already installed a previous version of the program, the installer will automatically import all your data. In any case you can transfer/backup your data through the Import/Export functions from the File menu. Download link: TradeReview 1.3.1 Setup New in 1.3.0: Equity curve visualization, synchronized with the filters of the Statistics tab Possibility to edit the trade details directly from the table + added context menu for trade exclusion/details Joined the Trades and Analysis tabs (can be reverted through settings) Possibility to filter the trades also by long/short direction Possibility to add some brief comments about the trading day Possibility to import the last DAS screenshot Possibility to visualize more fields in the trades tables Bug fixing New in 1.3.1: Possibility to filter the trades by time of day Trades executed in replay mode are discarded Bug fixing
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Hi BBT, New to DT (~90+ days) but have been swing trading for several years. I am excited t o go on this journey! I would like to welcome everyone to my DT-ing Journal where I will summarize my trades, thought process, ideas/potential trades, psychological state during trades, and overall grade for the day. I am here to learn so I would greatly appreciate your feedback (harsh or not, I am here to learn so do not be cordial, LOL - I welcome constructive criticism). Thank you in advance for your support and willingness to help. I am excited to be a part of this amazing trading community! DAY – 1 (7.13.2020) Trades: 6 Symbols: 4 Psychology: Planned on not trading, reason #1: did not sleep well and woke up late, reason #2: have several swing trades going. I broke that plan. Goal for the day: Manage swing trades, take profits, average down or add shares on PB's according to plan. Market: Strong finish on Friday 7/10/20. COVID19 cases at all-times high in many states. Q2 earnings season starts today, will banks will be a major indicator for bullish continuance and overall market sentiment? WL: TRADES: DKNG Catalyst: Friday, 7.10.20 Doji on daily chart, at the bottom of a daily chart trading range, voluntarily delisting warrants (SPAC) due to low volume (negative news). I have been looking to take a long position for a swing trade at the bottom of the range, last attempt. Strategy: VWAP break-out Long bias, opened weak - entry at 9:34 after indecision and hammer testing the 9 EMA, holding VWAP and the 100 SMA. Stop was the loss of 9 and 20 EMA at 100 SMA, secondary plan was if it held 100 SMA to re-enter, failed. Overall plan has been to take this long for a swing trade, however the news of delisting warrants reduced my confidence. This was one last attempt at this ticker. Stopped out at 100 SMA, removed from future WL until scanner shows more volume. Overall grade = A. Good recognition of weakness, entry was fair, and SL was not adjusted. TM was well executed. NI – Remove bias in a stock and read the technical. MRNA Catalyst: Buy rating upgrade, continuation on strength from Friday, 7.10.20. Strategy: Break of HOD Long bias, chatroom call-out. Poor execution of entry, FOMO. Did not wait for a proper PB. Too extended. Stayed in this trade on willingness to hold for swing based on the strength and catalyst. I have been watching and analyzing this ticker, recently sold swing position. Good job of not averaging down on PB to VPOC support (although averaging down would have been acceptable, based on my plan and risk level). If VWAP was lost I would have ‘bailed’. First partial was at R-level, $74.56. Second partial was at $76.00, good job of being patient to partial later rather than sooner on overall strength and L2 orders. Third partial was at new HOD, $76.90 (Good recognition of time of day, common time of day MRNA turns over). Overall grade = D. Entry was poor (F), partials were good (A), overall TM was a fail with a R:R = 1R. I see the consistent pattern of chasing and entering too extended. My afterhours analysis of this ticker kept me confident to risk/reward. However, I will not be so calm if I start trading 500+ shares of a ticker priced like this, max risk on this trade was 1.8% of total account value whereas my profit take was ½ that amount – too much! NI – Better entries, stop chasing extended tickers with FOMO. Learn to manage R:R before I blow up account. VXRT Catalyst: Buy rating upgrade, $90MM capital raise for COVID19 R&D Strategy: Break of HOD Long bias, RVOL high, heavy trading volume, similar strength to MRNA. Did a poor job of assessing entry (common theme), rush in to two entries and bailed - FOMO. E3 was after assessing price action and EMA/SMA tests/retests, etc. E3 was good, first partial was at R-lvl, too many shares, still panicking on partials to avoid going red. Plan forward – remove profit window and trade for levels and by technical not P/L. Partial 3 was good, at intraday level, ceiling becomes floor. Final partial was at new HOD but I was not at station, set it and forget it (ticker hit HOD = $13.53, my profit take was = $11.90) Overall grade = B. Too many entry/bail, poor (D). Partials were good (B), overall TM was a C grade due entry/bail however R:R was excellent (13.9R). GREAT add-on at 20 EMA re-test, partials beyond this were (B), held 15% shares to reach $12.00 new HOD. NI – Better entries, assess price action and technical before entering trade. Establish a R:R strategy such as: 20/30/50% on strong stocks. SPCE Catalyst: Strong stock on daily, recently sold off, Strategy: Support Hold (after 1st 15-min sell of on trend day) Long bias, Entry at support level $19.46 after exhaustive volume trend with consolidation, PA tested this support for ~30 (yellow box). P1 at VPOC R-lvl, P2 at floor turns to ceiling intraday level, P3 at some random level (poor take), P4 at new HOD. Held 100 shares and added 200 shares (cum = 300) for swing trade because on daily chart this ticker sold off HARD and has been strong 7+ days. Overall grade = A. Good trade over all, could have waited a little longer to enter the trade at 100 SMA test, P3 was on panic? poor partial, P4 was slightly early but L2 was iffy. NI – Better entries, recognize the strength of the market and "trend day" - take larger position to maximize P/L to make week goal, instead of a daily P/L goal. Final Review: Goal for Day – FAIL, DT-ed instead of only manage swing positions. Day was GREEN (7X Goal). Am I being to hard on myself since I am new or did I just get lucky? I think its the latter, if MRNA wouldn't have worked out I would have ended RED (-6X Goal or 1.8% of account value). Things I do well: Wait to partial at higher Rs, however this is with limited amount of shares, need to work on partialing strategy. Things I do poorly: Bad entries, chasing FOMO, too extended. TM is poor due to unbalanced R:R
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