Jump to content

Trade analytics!


Recommended Posts

3 minutes ago, dmedin said:

The basic functionality of showing your win/loss and your total losses (or winnings) over multiple time periods is greatly appreciated.  No need to download a gazillion spreadsheets and calculate it all manually.

is that all, mine just says 'not enough history to view analytics' (as i'm using mt4).

Link to comment
5 minutes ago, mark27 said:

No ,don't use that account now.Back on the UK one 

@CharlotteIG Is this rolled out for everyone 

Unless ,its technically not a UK account anymore ..When the brexit 31st Oct deadline was approaching my account was migrated to IG Europe  so I could still trade in the event of a hard brexit

Link to comment
3 hours ago, dmedin said:

lol I've lost a lot in one year.¬† It's good to be reminded and have it 'in my face' so that I know when to stop.¬† ūüôą

Analytics make it easier to validate your trading system and prevent false hope leading you towards bankruptcy. 

I would say use analytics to make sure your system actually works before going live but this function is not available on the demo platform yet so find something else until it is.

  • Like 2
Link to comment
9 hours ago, Caseynotes said:

Analytics make it easier to validate your trading system and prevent false hope leading you towards bankruptcy. 

I would say use analytics to make sure your system actually works before going live but this function is not available on the demo platform yet so find something else until it is.

In retrospect I should have spent my first 12 months on the demo, but it takes a great deal of self-discipline to be about to do that and I admire anyone who can manage to resist the temptation to bet real money for 12 months or more.

Link to comment
2 hours ago, dmedin said:

In retrospect I should have spent my first 12 months on the demo, but it takes a great deal of self-discipline to be about to do that and I admire anyone who can manage to resist the temptation to bet real money for 12 months or more.

nearly but not quite. the point is you should have been collecting data the whole time. rather than just punching BUY SELL on demo you would have been better off trialing your rules based strategy (not the average basic platitudes based one) on a live average market that allows MICRO  trading size. (mt4)

With real data you can then evaluate what works for real rather than hopes and dreams on demo and so build from a solid base.

Link to comment
  • 2 weeks later...
Guest Aus Trader

The IG's analytics looks fine, but not that useful. Thinking from a trader's perspective in designing these types of system could go a long way. In my view these are the must have for a good trade analytics feature:

  • Currently basic stuffs like custom date is missing, and analytics does not provide much info. I believe these will be added because these are the most basic stuff.
  • Probably the most important and useful addition would be to have the ability to UPLOAD a Chart Image and put a note for each trade.¬†This feature would take this to a new level as there are no proper software that allows this making it dfficult to keep journals.
Link to comment
5 minutes ago, Guest Aus Trader said:

The IG's analytics looks fine, but not that useful. Thinking from a trader's perspective in designing these types of system could go a long way. In my view these are the must have for a good trade analytics feature:

  • Currently basic stuffs like custom date is missing, and analytics does not provide much info. I believe these will be added because these are the most basic stuff.
  • Probably the most important and useful addition would be to have the ability to UPLOAD a Chart Image and put a note for each trade.¬†This feature would take this to a new level as there are no proper software that allows this making it dfficult to keep journals.

Thank you for the feedback.

I will let the project manager know your points. It is in the testing stage at the moment so the project managers are looking for feedback on IG analytics. 

Link to comment
6 minutes ago, Guest Aus Trader said:

The IG's analytics looks fine, but not that useful. Thinking from a trader's perspective in designing these types of system could go a long way. In my view these are the must have for a good trade analytics feature:

  • Currently basic stuffs like custom date is missing, and analytics does not provide much info. I believe these will be added because these are the most basic stuff.
  • Probably the most important and useful addition would be to have the ability to UPLOAD a Chart Image and put a note for each trade.¬†This feature would take this to a new level as there are no proper software that allows this making it difficult to keep journals.

yes, fully agree, I expect this to be added to but traders who currently use nothing at all but a hope and a prayer can start seeing early on that their system isn't working and so start making amendments instead of drifting on for months getting nowhere.

Custom date and adding pics would make that process easier to do.

Link to comment
2 hours ago, Caseynotes said:

traders who currently use nothing at all but a hope and a prayer can start seeing early on that their system isn't working and so start making amendments instead of drifting on for months getting nowhere.

ūüėļ

It makes it easier to see how much money you've lost and that is very potent.

Edited by dmedin
  • Like 1
Link to comment

We're not offering trade analytics on MT4, just CFD, FSB and forex. 

The project manager informed me of some options they're looking into going forward. Do keep in mind that these are not definite but I wanted to share the future options they're considering: 

  • Ability to tag individual trades
  • We're discussing¬†showing a chart of the underlying during the lifetime of the trade
  • Chart your PnL over time
  • The ability to drill into markets to see a trade by trade breakdown
     
Link to comment
  • 4 months later...
  • 1 month later...
Guest VonschnoodleHoff

Trade Analytics is awesome! 

 

What would be cool would be if IG added a measure of how I'm doing relative to all IG Traders. For example:

Win Ratio 67 % followed by "THis is in the Top 25% of IG traders) 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Posts

    • Sainsburys full year earnings and Unilever‚Äôs first quarter trading update both say the same thing, UK consumers are in for higher prices. The war in Ukraine, supply chain issues and the effects of ongoing Covid all to blame. ¬† ¬† ¬†
    • US Dollar¬†(DXY) Daily Price and Analysis US Q1 GDP may stall the greenback‚Äôs advance. A 20-year high nears for the US dollar. The multi-month US dollar rally continues with the greenback printing a fresh high today ahead of the first look at US Q1 GDP at 12.30 GMT. The US dollar basket (DXY) has been boosted by renewed weakness in the¬†Euro¬†and the¬†Japanese Yen, as investors move from lower-yielding to higher-yielding currencies, while safe-haven flows continue to benefit the greenback. The US growth release later in the session is expected to show a sharp slowdown from the robust Q4 figure of 6.9%. The markets are currently pricing in growth of just 1% for the first three months of this year, with the slowdown mainly due to a reduction in inventory accrual over the quarter. This release is unlikely to move the greenback, unless there is a large miss or beat, as the Fed believe that 2022 US growth will be robust enough to let them tighten monetary policy sharply without damaging the economy. The latest US Core PCE data ‚Äď the Fed‚Äôs preferred inflation reading ‚Äď is released on Friday and this may have more effect on the US dollar than today‚Äôs GDP data. For all market moving economic data and events, see the¬†DailyFX Calendar. The ongoing US dollar rally has been aided by weakness across a range of G7 currencies including the Euro, the Japanese Yen, and the¬†British Pound. The Euro continues to battle with lowly growth expectations, exacerbated by energy concerns, the British Pound is mired by weak economic data, while the Japanese Yen is in freefall as the BoJ continues with its ultra-loose monetary policy. ¬† The US dollar continues to press higher and looks set to break above 103.96, the March 2020 high. Above here the US dollar would be back at levels last seen nearly two decades ago. The March resistance will likely hold in the short-term, especially with month-end portfolio rebalancing at the end of the week, but US dollar strength is set to continue in the months ahead. USDOLLAR (DXY) WEEKLY PRICE CHART ‚Äď APRIL 28, 2022 {{THE_FUNDAMENTALS_OF_BREAKOUT_TRADING}} What is your view on¬†the US Dollar¬†‚Äď bullish or bearish? ¬† Apr 28, 2022 | DailyFX Nick Cawley, Strategist
    • While Tesla has nothing directly to do with Elon Musk buying Twitter - TSLA stock closed down 12% on news that Musk may have to sell stock and use other holdings to stand against the loan to finalise the purchase of the social media giant. ¬† ¬† ¬† ¬†
×
×
  • Create New...