I have been trading forex for a while off and on. I am looking for a good way to track my overall results. Currently what I am aware of on the market really isn’t going to work for what I’m doing. For example, I am aware of myfxbook.commt4stats.com as well as zipsignals, and rentasignal and tradency and collective2.
All of these services track your trading and allow some sort of quantitative outlook which is exactly what I want with my trading. However, I am a US citizen that trades using two accounts because I hedge. I am aware of no service that can aggregate both accounts with the same broker to give me one simple picture of my trading funds.
I’m not sure it is quite what you are looking for, but I simply use an Excel spreadsheet. I enter all of my trades into it at the end of each day, then review it at the end of the month. Not very sophisticated, but you can record any data you want, save it to different computers, print it out, and it sidesteps the issue you identify of having trades split between different platforms.
I am using zipsignals now. I am thinking this may be a solution for me. However, I would love feed back from anyone that has used, zipsignals, zulutrade, tradency, collective2, or anyother 3rd party signal provider platform?
Well there are one or two platforms / brokers that offer just such a solution although essentially it’s designed for somebody that is managing multiple accounts (which I guess is what you’re doing really but just only for your own accounts).
In addition: I know that the ACTFOrex platform also has this functionality (although unfortunately the ‘trick’ is to find a reliable broker BEHIND the platform of course).
But let me say THIS though: if using Excel for this purpose is ‘too time consuming’ then you guys must be doing one HELL of a lot of trades per day let’s face it!!! I mean: what could be simpler than using Excel for this purpose??? LOL!!!
I appreciate the addition to the conversation. I don’t think either will work for me right now. I would prefer to stay with IBFX but switching brokers isn’t out of the question.
Also I prefer to have a 3rd party instead of my own spreadsheet because I feel it would give me credibility later if I do start trading other people’s money. That is something that I would consider if I can get a track record of profitability.
Is there anyone on here that markets their own signals that would be willing to offer suggestions on this topic?