Set Up Trade & Journal Sharing (Premium Desktop Feature)

Trade and Journal Sharing

 


Step 1:

Select “Sharing” under the Portfolio Tab to to access these features of sharing trade ideas with peers or trading groups or have access to an Instructor’s Trades or Journal History.

Trade Sharing allows for potential trades to display in “Order Staging” listing the Source of the Order.

Journal Sharing can be used to follow a Trading Group, Instructors, Peer, Public Accounts as well as Newsletters/Trading Room applications.


Step 2:  On the left-hand panel, click on “My Shared Accounts”

Shared Accounts are grouped into 4 categories:

  • My Shared Accounts – Elect to share Order Staging and/or Journal Sharing
  • Accounts I’m Following – Other peers, trading partners, instructors
  • Subscription Accounts – Newsletter or Trading Group applications
  • Public Shared Accounts – allows access to a Public Directory with performance metrics


Step 3: Set up your User Profile

Click “Edit
Add a User Display Name
Provide a Bio and/or Information about the account.  This is what others will see.
The Formatting option allows you to customize the Bio/Information box.
Click “Save


Step 4:  Set Up Account Profile

1.  In the middle panel, click on the Account to be shared

2.  On the bottom right panel of the page, click on “Create Sharing Profile

3.  On the pop-up window, add an Account Display Name and Account Description.
Note: Both are required.

You are also able to add #tags to this Account Profile.

4.  Click “Save


Available buttons allow you to Generate New Code and Disable Code.

Account Options

Once Shared, you can “Unshare” account by clicking on button located in the upper right of this box.

Share Journal is checked by default.

Check box for Share Staged Trades if you wish to provide that on the selected account.

A code is automatically generated to Privately Share/Peer-to-peer share

Duration drop-down menu allows you to set how long the code is valid:
Single use only
Hour
Day
Week
Until Disabled


Export Reports (Desktop)

Clicking on  located on the upper left corner of the Positions and Gains tabs allows you to export that information as a .csv file.

The Journal  give you the ability to export reports in a PDF file on your desktop platform.  But that’s just the beginning.

You can export from the Transaction or Reconciliation view filtered by Account, Symbol, Tags, Notes and/or Date Range.

Life of Trade View also allows you to filter by Order Status in addition to the above criteria for even more focused report.   Only want to print Closed Trades?  Want to see how many trades are Unmatched?  Select those filters.

The top of your Journal report displays the Tag Summary based upon the account(s) and filtering criteria selected.

The trade detail report displays the status, Open, Close, Expire  with a color code of the trade:  Blue=Open,  Green=Profit,  Red=Loss,  Yellow=Unmatched.


Life Of Trade Icon/Color Codes

The Life of Trade Icon and Tab/Trade entry color show help you identify the status of your trades.

Icon Display and Color Coding 

Note: Orders are automatically updated when you login to your trading account, whether Live, Virtual or Manual

Blue – Hollow Dots – No Connection

Active Order or Open Original Trade


Yellow – Hollow Dots – Open Connection

The Original Trade has been adjusted, but is still an Active Trade


Yellow – Solid Dots – Closed Connection

The Trade and any Adjustments have been closed, but one or more entries need to be
            Matched or Reconciled


Green – Solid Dots – Closed Connection

Closed trade – which includes any adjustments – resulting in a Profit


Red – Solid Dots – Closed Connection

Closed Trade – which includes any adjustments – resulting in a Loss


Trade Entry Lines

Note: Depending on the Theme used, the following colors will vary. The bar color denotes whether the trade needs action – such as Reconciliation or Matching to another trade.


Blue Line

No action needed on these entries.   The colored left tab shows the status of each trade:
Blue: (Open Trade, hollow dots, no connection),  Yellow: (Adjusted, hollow dots, partial connection),  Red: Loss (Closed, solid dots, connected),  Green: Profit (Closed, solid dots, connected)


Yellow Line

Action is needed on these trade entries.   The Trade may have gone through Expiration and needs to be Reconciled.  By clicking on the Trade Line, the Trade Tab will display:


Once the action is completed, the entry will update on all Journal tables including the  Tags, P/L Graph & Insight tabs.


It is important to reconcile expired trades to properly display profit and provide updated analytical information on your trading success.

More Info on Journal Trade Tab Detail

Color Codes of The Trade Journal

The Tabs on the Journal are Color Coded for Easy Understanding of the Trade

Primary Tab Color Coding   (see below for expiration tab coding)

Note: Orders are automatically updated when you check order status. Just make sure to select the time frame to cover the trades that need updating

Light Blue

Active Live Order
This indicates that you have a current live order


Dark Blue

Trade – Open
This indicates the opening transaction of a trade


Gray

Expired or Canceled Order
This can be from a order that you canceled, or a day order that did not get filled


Green

Closed Trade – Profit
This indicates a trade that you closed for a profit


Red

Closed Trade – Loss
This indicated a trade that you closed for a loss


Yellow

Closed Trade – Unmatched – Requires action to match to related
trade.  Expand tab to see detail of trade.

 

Unmatched Trades can happen if there are multiple trades and an entry trade needs to be identified or because a multi-leg trade was split on exit, or change of stock position when an option expired (exercise/assignment)

This is easily matched by clicking the edit icon (pencil) and selected which open order to match to.  In some cases there may only be one, and it is simply a verification.


Expiration Tab/Tagging Colors

Red or Green with No Color Tagging

This indicated the option trade expired Out of the Money (OTM)
There were no options exercised or assigned through expiration


Red or Green with Dark Green Color Tag

This indicated that there were ITM options exercised/assigned
However, there was no change is stock ownership.  Example: Bull Call where both legs were exercised/assigned.


Red or Green with Yellow Color Tag

This indicates a change in stock ownership through exercise/assignment
This will happen with single leg options trade or where one leg of a spread was ITM at expiration


It is important to reconcile expired traded to properly display profit. If there are unreconciled expired options, the reconciliation window will automatically display when you go to the options tab.

Click Here for Life Of Trade Icon/Color Codes

Journal Navigation

It’s easy to look up trades.  Choose from Stock symbols, tags used (ex:  #bullCall, #longStraddle), Notes containing certain words or phrases, or date ranges from 1 Day to 1 Year.

On the individual Trade tabs, click the  icon to expand the trade detail.  To edit/add tags, notes,  to the trade entry, click  then ‘save’ when completed.

Once the Trade Tab is expanding , you have additional options:  The “Replay” icon, ,  sends a trade from the Journal to Backtest Analysis.  You can delete a Journal Entry by clicking on .


Position Download Ability

Downloading/exporting capability added to the Positions tab.

 This feature is also available in the “Gains” tab.

 This allows even greater flexibility with record-keeping from the Journal/Brokerage Account.