Profit & Loss Tracking Spreadsheet
I just added a Profit/Loss Tracking Microsoft Excel spreadsheet to my Excel Spreadsheets page. I use it as my view of gains plus industry breakdown of holdings along with my profit or loss tallies per stock. I use Yahoo! for all information on industries and sub-industries.
I find it vital as part of my trader’s journal to track where I am, not just per stock, but also how each option trade is flowing. Some positions can take six months or more from start to end and without tracking each trade from selling puts and then having the stock assigned to me and finally to selling a covered call on it, I found it too easy to loose track of where I was. At the same time, having the view at the top of my monthly progress helps remind me that it’s the big picture that matters. Losing money on one option trade doesn’t mean […]
Original post by Alex Fotopoulos