Swing Trades

When Tradervue was first released in 2011, it was tailored for active intraday traders. Over time, as more traders began using it for overnight or longer trades, we enhanced the platform to better accommodate these needs. Here’s an overview of the recent improvements for managing swing trades:

P&L Calculations

Tradervue now calculates realized Profit and Loss (P&L) based on the date the realization occurs.

Example Trade:

  • Entry: 2021-01-05
  • Partial Close: 2021-01-06
  • Scale-Outs: 2021-01-06 and 2021-01-07
Click on image to view full screen

Previously, this trade would appear as “open” until fully closed. Now, Tradervue shows the realized P&L for each portion of the trade:

  • Trade Details: The trade remains labeled as open, but the realized gross/net P&L is displayed in italics.
  • Trades View: Realized data is shown, with the entry date displayed in the left column. Filters applied to your trades will use the entry date for start/end dates.
Click on image to view full screen

Realized P&L calculations use a First-in, First-out (FIFO) methodology.

Journal Section

Previously, trades appeared in the Journal section only on their entry date. Now, multi-day trades are displayed in the journal on every day they have activity:

  • Opened Trades: For example, a swing trade opened on a specific day will show “opened” with the realized P&L for that day. This includes any P&L realized from partial closures.
  • Adjusted Trades: On days when an existing trade is adjusted, the Journal View will show “adjusted” with P&L realized from that day’s activity only.
  • Closed Trades: When a trade is closed, the Journal View will show “closed” with the P&L realized for that specific day. Total closed P&L for the trade is available in the Trades View.

The Journal section provides a daily breakdown of your trades, showing realized P&L and allowing you to make notes.

Dashboard

The Dashboard reflects the same opened/adjusted/closed data as the Journal section but only for the most recent trading day.

Reports

The Overview reports now display data as follows:

  • Recent Reports: Gross Daily P&L and Gross Cumulative P&L now show P&L as it is realized rather than on the trade entry date. The Daily Volume report reflects volume on the day it occurred. The Win % is based on the trade entry date.
  • Year/Month/Day Reports: P&L is shown on the date it was realized.
  • Detailed Reports: Calculations are based on the trade entry date, except for Cumulative P&L and Cumulative Drawdown (in the Win/Loss/Expectation group), which use realized dates. Win vs Loss Days and Compare reports follow a similar methodology.
  • Advanced Reports: Use the trade entry date where relevant.

Currency Conversions

For trades settled in currencies other than USD (e.g., Forex and Eurex futures), Tradervue calculates P&L in the native currency and converts it to USD for reporting. Previously, conversion was based on the exchange rate at the time of the trade’s closing execution.

Now, conversion occurs each time there is realized P&L in a trade, using the exchange rate as of that execution time. This improves accuracy for long-running trades where exchange rates may fluctuate significantly.

Need Help?

If you have questions or encounter issues importing data, please reach out to support@tradervue.com or use the "Contact Us" link below.

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