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I take it, by virtue of the fact that a search on the word "Quicken" returns no results, that no one here uses that software package to track their trades. Is that correct?
[Note: I'm more of an investor than a trader, so kick me out if I shouldn't be posting here.]
I stopped using Quicken to try to track my trades (investment activity) when I started trading options a few years ago. It is time for me to upgrade my version of Quicken 2010. I was trying to decide if Quicken Premier, which supposedly handles investments, would be worth the money.
If anyone here has any experience with the current version of Quicken Premier, I'd appreciate feedback. If I was right that no one here uses Quicken, I'd like to hear if there is any commercially available software that you do use (rather than custom-developed applications.)
Also, if I'm way off-topic, I'd appreciate pointers to other forums in which I might appropriately request assistance.
TIA,
Nolan
Can you help answer these questions from other members on NexusFi?
I have used quicken before but this was many years ago. I really think for investment or long term trading a excel sheet would work better. Quicken is more for business and keeps track of a lot of in and out flows that just complicate things if you only want to track your trading performance.
There are a few excel templates on the forum you can search for. Personally i made my own but at least take a look at what others are doing and cobble together your own with what you need.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
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I use Microsoft's Access Database program. Trading Technologies XTrader generates audit trails which logs every message to/from the exchanges. I use Access to load the Audit trails, strip out the fill information, and then calculate PnL etc. Does take a little Database knowledge but works well. I couldn't dream of using Excel due to the sheer volume of trades.
I know several people here use Tradervue as a trade tracking tool.