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John R asked in Business & FinanceInvesting · 3 months ago

As a day trader, how do I record transactions, so I understand my financial standing?

Do I buy an excel spreadsheet for a day trader, or an application to record stock investments?

Normally, I list per trade: Date, number of stocks or options, Stock, Expiration, Strike, Order Typer, $Cost, $Received, Profit or Loss.

This does not cover Gained or Lost for several weeks, or $Money I have withdrawn from the account, or costs I incur.

Is there a special spreadsheet most day traders use?

1 Answer

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  • kswck2
    Lv 7
    3 months ago

    Any program that will keep meticulous details is sufficient. 

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