Topic: What do you guys use to record your trades? (Read 337 times)
Trading views are far better for business records From here we will collect updated information about Bitcoin. But Cointelegraph may be a lot more reliable with trading views the foremost reliable is that albeit Google shit is lost it's possible to urge a backup.
Many members have already answered your question. Some things are not understood clearly. If you use https://www.tradingview.com, you can keep the record of analysis as well as you can use Excel. It is a good practice to collect records and verify them every month. If you do this, you can catch your mistakes and correct them.
I don't really record my trades but I do have some screenshot of my past holdings on my phone.
I use blockfolio to keep track of my crypto and how much I have I always take a screenshot of it back then.
I use blockfolio to keep track of my crypto and how much I have I always take a screenshot of it back then.
Eventually a simple word file could be enough. You just need to downwrite the info that is necessary to see patterns and learn about what you need to adjust. Screenshots can help as well, but again, no need to make thigns complicated, a simple folder with all that screenshots in enough, just don´t forget to make notes to the pics so you know what you did there when looking at it somewhen later
Yes, a simple word file is probably enough to document your trades, Most traders use spreadsheets to record their trades because as we see it is more likely organized than using a simple notepad to input the details. I don't document my trading activities but I think it is easier to use spreadsheets and it is more organized than having a word file with screenshots that is sorted into folders. This will vary depending on the user on which he is more comfortable using.A simple spreadsheet with compose that I mention above is good especially if we want to know if we are improving as a trader. Documentation of our past trades are really important so basically we should also give time on it.
I need something good where i can record my trades.
What do you recommend? PReferably with possibility to do statistics, upload pictures of charts and so forth.
Much abliged.
You do not really need anything fancy for this use excel or calc and you are good to go, you can do all sorts of statistics there and get a very detailed recording of your trades, and in order to keep pictures of your trades you could manually do this by taking some screen shoots once in a while or you could automate this with a macro, while this may seem like a lot of work it is important to do this by hand at the beginning so you learn from the experience. What do you recommend? PReferably with possibility to do statistics, upload pictures of charts and so forth.
Much abliged.
I believe that you don’t have to rely on digital technology very much, because at the most crucial moment it can let you down. I always used Google spreadsheets, notepads on my tablet, creating notes and files for storage and for monitoring my activities. But after my smartphone slowed down, I lost almost everything that I stored there. It was very hard for me to restore everything. After that, I always print all information from an electronic medium through a printer onto paper. therefore, I have always duplicated information in paper form.
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I prefer to record trading manually by using Microsoft Excel or Google Sheets. I do not use platforms online to record because it's
too complicated for me. But the weakness of using Microsoft Excel or Google Sheets can't be too details such as online platforms.
I prefer to record trading manually by using Microsoft Excel or Google Sheets. I do not use platforms online to record because it's
too complicated for me. But the weakness of using Microsoft Excel or Google Sheets can't be too details such as online platforms.
I manually record my trades using spreadsheets tools like Google Sheets. It's a personal preference thing. Most people just prefer to use a portfolio management app. Here's how I record my trades:
– Manually
I use a spreadsheet because it makes this easy for me as I only have to fill in the cells when ever I make trades. The benefits that comes with this is that, I can monitor whether or not I'm making progress. If I'm losing more than I'm gaining, I can easily track this and improve. The disadvantage with this is that it involves a lot of repetition as I have to fill the cells every time.
– Automatically
I use blockfolio Mobile app. Blockfolio allows for connecting to your exchange account using API. Do this, you can get real-time profit/loss updates. I find it very useful when used alongside the spreadsheets. Delta is an alternative to Blockfolio.
I recently wrote about some useful trading tools here on the forum.
I think blockfolio can also be a good app for this if you are just want to see weekly and monthly statistic of your trade. you can even see your trade after a year, just make sure that you are always editing the coins you have every time you make a trade so you can see it right later when you check it.
Even the graph of your trade if you want to see it.
Even the graph of your trade if you want to see it.
Eventually a simple word file could be enough. You just need to downwrite the info that is necessary to see patterns and learn about what you need to adjust. Screenshots can help as well, but again, no need to make thigns complicated, a simple folder with all that screenshots in enough, just don´t forget to make notes to the pics so you know what you did there when looking at it somewhen later
Yes, a simple word file is probably enough to document your trades, Most traders use spreadsheets to record their trades because as we see it is more likely organized than using a simple notepad to input the details. I don't document my trading activities but I think it is easier to use spreadsheets and it is more organized than having a word file with screenshots that is sorted into folders. This will vary depending on the user on which he is more comfortable using. 
If we don't want to spend some money to have a automated apps to record our trades then Excel is the best. It's very traditional but one of the best and it is not that complicated to use and there are no learning curves.
I think it depends on how much you earn as well when you trade. It's important when you have a big capital on the line and you are well invested with crypto trading. I feel lazy when you have to put it in manually though, it's tiring and not consistent. As compare to any software that you are going to get, money + time to invest to learn the system. Or even a simple pen + notebook will also work here specially if you are just beginning your trading journey and wanted to record it.
Having a record would help you evaluate if you are earning or not. I think that the current PNL analysis of the exchange, i.e. Binance, they have a great PNL analysis on your monthly trading and you could see a graph of what you have gained and lost. I think somewhere related to that would be great.
Eventually a simple word file could be enough. You just need to downwrite the info that is necessary to see patterns and learn about what you need to adjust. Screenshots can help as well, but again, no need to make thigns complicated, a simple folder with all that screenshots in enough, just don´t forget to make notes to the pics so you know what you did there when looking at it somewhen later
I don’t know exactly what you want. What is the purpose of recording your trade? In any case, I think you can use screen capture recording software that is usually used to make explanations on a computer. These programs can record everything and save it in a video file that you can view later.
you can try this free:
http://www.thefreecountry.com/utilities/free-screen-capture-recorders.shtml
you can try this free:
http://www.thefreecountry.com/utilities/free-screen-capture-recorders.shtml
I prefer to record trading manually by using Microsoft Excel or Google Sheets. I do not use platforms online to record because it's
too complicated for me. But the weakness of using Microsoft Excel or Google Sheets can't be too details such as online platforms.
Because I only need buy and sell transactions, so I can find out the amount of profit that I make and the amount of loss that you get.
If you want complete statistics along with pictures of charts, you should use online platforms.
too complicated for me. But the weakness of using Microsoft Excel or Google Sheets can't be too details such as online platforms.
Because I only need buy and sell transactions, so I can find out the amount of profit that I make and the amount of loss that you get.
If you want complete statistics along with pictures of charts, you should use online platforms.
I usually use Microsoft Excel to record trades and check my progress. I don’t have any features on it just basic information on what I use on my trading account. I am planning to have a service that completely catches all my trades and all the trading information with buy and sell that is important to know the profit.
If we don't want to spend some money to have a automated apps to record our trades then Excel is the best. It's very traditional but one of the best and it is not that complicated to use and there are no learning curves.
As compare to any software that you are going to get, money + time to invest to learn the system. Or even a simple pen + notebook will also work here specially if you are just beginning your trading journey and wanted to record it.
I usually use Microsoft Excel to record trades and check my progress. I don’t have any features on it just basic information on what I use on my trading account. I am planning to have a service that completely catches all my trades and all the trading information with buy and sell that is important to know the profit.
It’s interesting to check the cointracking service but it’s quite expensive lol.
It’s interesting to check the cointracking service but it’s quite expensive lol.
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Using excel is quite simple and easy as well. Unless its a very big business or have many clients then only software may be required or if is free then it may be worth it, but on individual levels I would just prefer to use excel and make bookings whenever the trade happens of buy/sell and accordingly can record it.
Same here. I don't know what OP is looking to record all his trades but I do use simple microsoft exel to track my profits and losses. I also found interesting app in playstore called Cointrack but haven't tried it yet. The feedbacks are quite good too. Keeping updated in crypto markets together with your trades and balances is a good way to know if you are doing well in your trades or not.
I did not fully understand the event you mentioned, but I can give you some advice based on the topic.
I would like to say that if you are talking about graphic usage, Tradingview or Investing services are quite ideal and you can use them.
If the situation you are talking about is keeping a record of your own trade, then you can do this using Excel. Also, I would like you to know that the exchange platforms you are using provide this data to you free of charge, both in tabular form and in excel data.
I would like to say that if you are talking about graphic usage, Tradingview or Investing services are quite ideal and you can use them.
If the situation you are talking about is keeping a record of your own trade, then you can do this using Excel. Also, I would like you to know that the exchange platforms you are using provide this data to you free of charge, both in tabular form and in excel data.
Not sure if I would need any third party software or even a web app for my trades, but if I am really committed to it, I think I'll consider using Excel or Google Spreadsheet and calculate my profits weekly.
Using excel is quite simple and easy as well. Unless its a very big business or have many clients then only software may be required or if is free then it may be worth it, but on individual levels I would just prefer to use excel and make bookings whenever the trade happens of buy/sell and accordingly can record it.
Have you tried checking some Portoflio apps? CoinTracking should have what you're looking for (not really sure about uploading pics though). It allows you to import your transaction/trade history from wallets/exchanges automatically.
Thanks for this tip, interesting! I now use Delta to track my trades but it would be interesting if this could be more automated. I suppose that major exchanges such as kraken and binance are supported?
Source
But you need at least a Pro Account, which costs about 120$ per year. Also you have to be careful with cointracking, there are "only" 3500 transactions importable in Pro-Membership, for more transactions you need an Expert-Account, which starts at 186$ per year. Here you can find more information about pricing: CoinTracking - Pricing
I have to say from my own experience that cointracking is worth the money. Especially in years with many trades you save a lot of time for the creation of the tax report.
Excel or google spreadsheet. Or both, so you have an offline copy and an online copy. It's rather easy tbh, and you can put out particular formulas you got to predict possible movements in the future. Images aren't a problem as far as I know, and even if it was, you can simply just create a folder in google drive or a separate folder in your pc that indicates charts for each day or week.
Tbh, you can just google lookup and a few apps would probably appear, and then it's just a matter of what you're preference is. The most basics journal would be pen and paper, and the next to that would be what I said, Excel or One note and google spreadsheet.
Tbh, you can just google lookup and a few apps would probably appear, and then it's just a matter of what you're preference is. The most basics journal would be pen and paper, and the next to that would be what I said, Excel or One note and google spreadsheet.
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