Here we answer the most commonly asked questions and help you get started with the Trades Analyzer.
You can also find detailed explanations about individual Trades Analyzer features.
Some features of this site came directly from suggestions from users like you.
We take user feedback very seriously and would love to hear what you have to say.
Which trading products are currently supported?
Currently only equities (stocks, ETFs), equity options and cryptocurrencies are supported.
Forex and futures are not supported at this time.
Which brokers are supported for importing trades?
Importing your trades instead of manually entering them is a great time saving feature.
We offer a generic import wizard that takes excel csv files downloaded from your broker
and extracts execution data to match with your previously logged trade ideas.
How do I add a new portfolio?
By default only the Paper portfolio is available in a new user account.
To add a new portfolio go to Trades Analyzer > Portfolios and click the +Add New tab.
Enter new portfolio name, select its type (Equities, Cryptos), base currency, initial balance and click Save.
How do I delete a portfolio?
Select the portfolio you want to delete and click Edit Portfolio and click Delete Portfolio.
How do I edit a portfolio name and other portfolio properties?
Select the portfolio you want to edit and click Edit. Modify any property as desired and click Save.
Click Cancel if you change your mind and don't want any modifications.
How do I define a new strategy?
By default only "No Strategy" tag is available in a new user account.
To define and add a new strategy go to Trades Analyzer > Strategies and click Create New.
Enter a strategy name and fill in other parts. For tracking purposes define a few strategy rules as checklist items.
Click Save. Different rules may be defined for different strategy directions such as long, short and neutral.
How do I add a new strategy rule?
Go to Trades Analyzer > Strategies. Select a strategy and click Edit.
Select direction Long, Neutral or Short and click Add new rule.
Provide rule description in the form of a checklist item that can be answered as yes or no.
If a rule description can be expressed in a numeric form, one of the relational operators (equal, less etc.)
can be associated with it. The Value field can be in a numeric or textual form.
How do I delete a strategy?
Go to Trades Analyzer, click Strategies. Select the strategy you want to delete and click Delete.
How do I edit a strategy and strategy rules?
Go to Trades Analyzer > Strategies. Select the strategy you want to edit and click Edit.
Modify any property including strategy rules as desired and click Save.
Click Cancel if you change your mind and don't want any modifications.
You may delete a rule by clicking the Delete button in the rule row.
How do I manually enter trades?
Go to Journal and click New Trade. In the New Trade wizard select a portfolio for a new trade.
By default the Paper portfolio is selected.
Log trade symbol, direction (Long, Short or Neutral), and emotion associated with opening this trade.
Enter Stop Loss and Take Profit if you have them defined. They are optional but provide better analysis after the trade is closed.
Select a strategy associated with this trade. If you have not created any strategies your trade will be tracked with "No Strategy" tag.
How do I edit or delete a trade?
To delete a trade, go to Trades Analyzer > Portfolios then click Trade History.
Select portfolio and find your trade in the history table under Symbol and click the trash icon on the right.
To edit a trade, click its symbol to go to the trade details page. Once there, click Edit to edit various trade properties.
You also can click Delete to delete the trade.
How do I modify execution data of a trade?
Go to Trades Analyzer > Portfolios then click Trade History.
Select the portfolio and find your trade in the history table under Symbol and click its symbol to go to the trade details page.
Once there, click appropriate Edit buttons for execution transactions you would like to modify.
How do I import trade data from my broker?
First download a .csv file from your broker site and save it to a known location. Refer to your broker instructions for that.
Navigate to Trades Analyzer > Portfolios and click Import. Click Choose File and select the broker file and then click Upload.
The contents of your file will be presented in the table form. Identify the header row and make sure it is recognized correctly.
If not, just enter the header row number in the field above the table. Also identify the last row and make sure it has been recognized correctly.
If not, you can correct it by typing the correct row number in the the field above the table. Click Refresh to apply the new row selection.
Review the data in the table and identify what each column represents by looking at the header row.
Select the best corresponding assignment for each column in the dropdown control above it.
Those columns that can't be properly assigned should be set to Ignored.
Most columns will be automatically assigned - you just need to verify the assignment and correct if necessary.
Click Import Trades to begin importing the file data. Fix any errors if the Import Wizard has identified and displayed an error message.
When importing has been done successfully you will be redirected to the Trade History section where you will see the imported trades.
Are partial shares supported?
Not for stocks and options. Fractional trades up to 8 decimal places are supported for cryptocurrencies.
How do I enter trades with multiple entries and exits?
When importing trade execution data from your broker the Import Wizard will automatically match closed trade transactions with open ones.
When entering execution data manually, each open trade transaction may have multiple closed transaction with the total closed quantity
not exceeding the quantity of the open transaction. If Open quantity is greater than the Close quantity the remaining quantity is displayed
in the Remain row. Click the Close button to enter close transaction data such as date, quantity, price and commission.
What if I need to change my Stop Loss or Take Profit during my trade?
Enter Stop Loss and Take Profit values when you log a trade and know the trade entry price.
You can update them according to your strategy rules after a trade has been opened and the exact open price is known.
You can close the trade at any price but it is not recommended that you modify SL or TP as the Trades Analyzer
will track your adherence to your trading plan and your strategy rules as part of the overall analysis.
Deviations of the close price from the defined SL or TP values will be presented in the Analytics section.
How do I analyze performance of my strategies?
Make sure you have accumulated enough data for statistical analysis. It is recommended that a strategy has at least 20 trades.
To analyze strategy performance go to Trades Analyzer > Performance. Observe key statistical metrics such as Win Rate, Average Return,
Profit and Loss charts, Average Hold Time and others that help realize how each strategy stands against others and against
the cumulative metrics for all trades in general. Further analysis may suggest tweaking certain strategy rules,
re-writing some rules or abandoning worst performing strategies altogether.
How do I manage trades?
Once you've logged your trade idea it will be listed with the "logged" status in the Trades Analyzer Journal as well as in Trade History.
You may add any important notes about this trade in the journal daily log for that date.
To look this trade up in the Trade History section go to Trades Analyzer > Portfolios, click Trade History and select portfolio.
Observe the "logged" execution status in the Status column and Not Reviewed icon in the review status column which is next to the right.
Execution status is corresponding to the state of a trade: logged, open or closed and it is updated when you import execution data
from your broker files or manually enter in the Trade Details page. You may update the review status from Not reviewed to
Reviewed, Review later or Free trade.
How do I update trade Review Status?
Go to Trades Analyzer > Portfolios, click Trade History and select portfolio which has your trade.
Find your trade in the list. You may filter the trade list by typing trade symbol in the Symbol box above and clicking Filter.
Click the trade symbol in the Trade History to go to the Trade Details page. Click appropriate review status.
If you go back to the Trade History you will see updated icon in the review status column.
What is "R"?
"R" is simply the dollar risk per trade. It helps you evaluate your trading performance and determine how successful your trades are.
For example, if you buy 100 shares of a $20 stock and it goes up to $25 and you sell it for a $500 gain - was that a good trade?
It depends on how much you were risking when you open the trade? What was the trade Stop Loss? How much would you have lost if the stock went against you?
If your initial Stop Loss was at $15, your risk was $500 or 1R. If it was at $10 your trade would have ended up to be a 0.5R trade
since you made only half of what you risked. What if your original Stop Loss was $19? In that case, 1R would have been $1,000.
Your trade would have been a 5R trade - that is, you made 5 times the amount you were risking.
This trade is more efficient than the first one. R is used to track trade efficiency and was popularized by Dr. Van Tharp through his book,
Trade Your Way to Financial Freedom.
How do I share an idea or feedback with the team?
We'd love to hear from you. Click the Feedback link at the top of any page, fill out the form, and then click Send.
I have a question that is not answered.
No problem, Click the Feedback link at the top of the page, fill out the form and send it to us.