prince05
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August 23, 2017, 07:28:52 PM |
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I don't track it at all.. If I win today I will take it and enjoy.. If I loose i just sleep and continue the next day.
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Catmony
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August 23, 2017, 07:53:23 PM |
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I personally use a spreadsheet but I'm sure there are better way to do it.
Do you know any good websites/apps to do it?
Yes there is, managing spreadsheet will be really a headache and will require lots of manual input. You should try portfolio tracking apps which are many in both google play store and itunes. I am using blockfolio android app and it is working flawlessly.
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sky_Gritzz
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August 23, 2017, 07:54:33 PM |
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I personally use a spreadsheet but I'm sure there are better way to do it.
Do you know any good websites/apps to do it?
im personally think spreadsheet still the best for now, but i dont know in future.
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shursight
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August 23, 2017, 07:57:33 PM |
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When i use to trade i use an excel spreadsheet that i made by myself. It is easy to manage if you create it, because you will understand it better than if you use any spreadsheet that you found on the internet. When the day finishes, i update my spreadsheet with my results; win/loses of the day, i dont put all my transactions because that make it confusing, just the profits.
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Stripple
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August 23, 2017, 08:06:13 PM |
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I use the blockfolio app all the way! Although it may be cumbersome for people that trade a lot, I think it's a great way to keep track of all your coins in one please, and to see your profit on detail level per transaction per coin, in total on a single coin, and of your complete portfolio. Really nice app.
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shirackjs
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August 24, 2017, 04:05:09 AM |
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I use spreadsheet to track trading profit and loss as well. I know there are a few apps / websites you can use to track. But will you be comfortable linking your trading account to the apps?
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Casdinyard
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August 24, 2017, 05:21:24 AM |
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I don't track it at all.. If I win today I will take it and enjoy.. If I loose i just sleep and continue the next day.
I think you should track your winnings or loses brother so you can know what and where is your weakness and strength. So in time you will not make mistakes or at least you can lessen it. This is a good habit of a trader. Well as for me, I use spreadsheet to track mine and I think it works for me ever since. Also blockfolio is good to track how the coins is behaving in the market.
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doujuan612
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August 24, 2017, 06:03:12 AM |
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I never use a spreadsheet to tracking it, the ruler is when i sold out the coins, it is higher than I put in. The most import thing is I don't have so much money. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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949miner
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August 24, 2017, 06:10:24 AM |
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Well it is soo easy man, i just have an spreadsheet that i downloaded from here (i dont remember the user who posted that) and there you can track everything. Its a table where you must put all your trades of the day, wins - loses - and it will calculate your profit and percentage over the funds you invested. It is pretty simple, it made my life more easier
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Malsetid
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August 24, 2017, 07:49:19 AM |
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I personally use a spreadsheet but I'm sure there are better way to do it.
Do you know any good websites/apps to do it?
You probably are the kond of person who wants things organized, neat and tidy. For me, i don't usually have much time arranging ledgers and spreadsheets. I seldom even look into an app i downloaded for this specific purpose. I just check real quick the history of my trades through the exchange site itself where i'm trading
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Yuhee
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August 24, 2017, 07:57:22 AM |
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I personally use a spreadsheet but I'm sure there are better way to do it.
Do you know any good websites/apps to do it?
You probably are the kond of person who wants things organized, neat and tidy. For me, i don't usually have much time arranging ledgers and spreadsheets. I seldom even look into an app i downloaded for this specific purpose. I just check real quick the history of my trades through the exchange site itself where i'm trading Daheq? i think its just a heartache if you are keeping track of wins or losses. And honestly its just too tiresome to keep a record on it specially if with just small amounts. Because sometimes you are just aware on your winnings and losses. Especially for the big bets. But if people are comfortable with keeping track then its ok. I would keep track on my spendings on bills from the house and tuition fees i have spent but i see gambling as an entertainment only so i guess i dont bother to keep track of it.
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taxmanmt5
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August 26, 2017, 03:12:21 AM |
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Well, we have the perspective of both and individual traitor and a business that does investment for their clients. As an individual, I'm pretty much never in the day with anything other than Bitcoin, maybe doge or some strong coin like that, but almost always I add with Bitcoin. There may be some losses that take place during the time period while I'm sleep, but I am not comfortable investing in any coin other than a handful and leaving it there without me seeing it.
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keycellko
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August 26, 2017, 04:46:49 AM |
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I do keep track of wins and losses. I just calculate it and put it on paper. What i did at first was addball the wins without looking at the transaction fees. When i add it all up it boils down to just break even 😂
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pawanjain
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August 26, 2017, 04:53:21 AM |
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I trade on bittrex and i dont really use anything to monitor my profits and losses ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Whenever i want to see how much i have made i just go to the history and check at what price i have bought the coin and at what price i had sold it. I check out the difference for all the coins and see how much i make out of each coin which gives me an opinion whether to invest in that particular coin or not and how much to invest in it . As long as we know that we are selling it at a higher price there is nothing to worry about. I get tensed only when i have to sell it a lower price which gives me goosebumps while calculating the loss ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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virasog
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August 26, 2017, 10:57:05 PM |
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Well, we have the perspective of both and individual traitor and a business that does investment for their clients. As an individual, I'm pretty much never in the day with anything other than Bitcoin, maybe doge or some strong coin like that, but almost always I add with Bitcoin. There may be some losses that take place during the time period while I'm sleep, but I am not comfortable investing in any coin other than a handful and leaving it there without me seeing it.
So that makes it really easy to see where the p&l is at the end of the day, if I start off with one Bitcoin and after all the trading I end up with 1.5 then I can't went 5 otherwise if I end up with just point five that I lost. That is basically the same thing that we force our investment employees to deal with. Depending on how long the been with the company and a variety of other criteria, when they walk in the office, they have a Bitcoin wallet loaded with X number of BTC, they use that as they're trading power throughout the day and at the end of the day they actually have two numbers.
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l3pox
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There's no need to be upset
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August 26, 2017, 11:10:17 PM |
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JohnBitCo
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August 27, 2017, 07:06:27 AM |
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They have the remaining BTC, but they also have the amount they invested for their clients that want to leave a principal and various other coins. So, take the amount of Bitcoins that they are short at the end of the day reverse figure in there commissions and the total value of their clients portfolios from that day and you should find yourself with a pretty easy to figure trading number.
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bustomi
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August 27, 2017, 07:40:41 AM |
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Usually i use some portfolio app like blackfolio on playstore, this is very useful for us to know how much profit or loss of our trading white live coin price
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Nivir
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August 27, 2017, 08:00:30 AM |
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I used to put it on a notepad but then I got tired of checking almost everyday so I stopped monitoring them ever since I went for long term trading. I actually don't keep track of the coins, I just check them once in a while and log out after if they're still there.
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newinbtc
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August 27, 2017, 08:07:05 AM |
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You are using best way , Spreadsheet is the best way to track the win and loss , I am using simple notepad to trax my win and Loss. Or search for profito at google or Play Store you will find some good info there we can track our purchases and Output there
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