Many traders have mentors or coaches, and taking advantage of the mentoring features in Tradervue can be a huge help. In a nutshell, they allow a mentor/coach to have a read-only view of a student’s trades, and to have comments and conversations on specific trades and journal entries.
Today, we have made a number of changes to make this even more flexible:
- Mentors can now choose which columns to display in the Trades View when viewing a mentee’s trades; previously, the columns the mentee was using themselves would be shown to the mentor.
- Mentors can now switch between gross and net P&L modes when viewing a mentee’s trades; previously, the mentee’s setting would be used.
- Mentors can now set the Trades View to any display mode (table, small charts, or large charts) when viewing the mentee’s trades. Previously, only the table view was available.
- Mentors can now download from the mentee’s Trades View into Excel for further analysis, and they can also download executions for a specific trade.
- The Settings menu in the Trades View will now be visible for mentors viewing a mentee’s trades; any settings that are changed will be saved for the mentor, but will not affect the mentee’s own view of their data.
Together, these changes should make the system more convenient for mentors and mentees alike!
Ever since we introduced general notes to Tradervue, they have proven quite popular. Traders have told us they’re using them to record their trading plan, keep watchlists, and make market notes for the week, just for a few examples.
To make notes more accessible, we now display your most recent notes on the Dashboard:
The 5 most recently updated notes will be shown; if you have yet to create any notes, you’ll see a link to create your first note.
New users and those who have never customized their Dashboard will see the notes box there immediately. If you have customized your Dashboard, we haven’t changed your settings, so you won’t see notes right away. To add them, you can Customize your Dashboard.
For users with multiple trading accounts, we recommend using account tags to keep trades separated between accounts. Using account tags ensures that executions imported from one trading account won’t be merged with executions from another account.
Account tags work very well – with one big caveat: once you start using them, you must remember to use them on every import. If you miss one, the executions you import could be merged with trades from any account.
To help make sure you don’t forget, we’ve added a new checkbox underneath where you enter your account tag, on the Import Trades page:
If you check the “Require account tag for every import” box, Tradervue will remember the setting, and not let you complete an import without first entering an account tag. You can turn this off at any time, but if you’re using account tags, we recommend leaving it on.
You can now import trades from ApexTrader. Simply click Import Trades, select ApexTrader from the list, and follow the instructions on the right side of the page!
Entry and exit price columns are now available in Tradervue. Entry price has actually been available for a while, but exit price is brand new.
Here’s how entry/exit prices are determined:
- For stock, futures, and forex trades, not containing options, the entry price is the price of the first execution, and exit price is the price of the last execution.
- For pure option trades, the entry price is the price of the first execution, and exit price is the price of the last execution.
- For trades containing both stock and options (or both futures and futures options), the entry price is the price of the first non-option execution. Similarly, the exit price is the price of the last non-option execution.
The third case above handles the case where you’re trading, for example, a covered call. The entry/exit prices will both reflect the stock price you executed at, rather than the option prices.
Both entry and exit prices are available in the following locations:
It’s now possible to quickly add a timestamp to trade or journal notes. To add the current timestamp, click the calendar button on the right side of the editor toolbar:
Even quicker, you can just press Ctrl+T in the editor, and the timestamp will be inserted at the current cursor position.
Timestamps are entered in US eastern time, to match the time zone your execution times and charts are displayed in.
This is super handy for updating notes on a developing trade throughout the day, making notes on a swing trade, or adding notes throughout the day to a journal entry!
We’ve added Volume Weighted Average Price (VWAP) to the available studies on intraday price charts in Tradervue. A few notes about how this works:
- The VWAP is calculated intraday, starting from the open, and is only available on intraday charts.
- For stocks, pre-market activity is not included in the VWAP calculation. This is rarely an issue, as regular-hours volume tends to quickly exceed pre-market levels.
- It is calculated based on the interval shown on the chart. So for example, if you’re looking at a 1-minute chart, VWAP is calculated based on 1-minute data. If you’re looking at a 5-minute chart, it’s calculated based on 5-minute data.
- VWAP is only available for stock and futures trades.
If you haven’t used them before, here are details on how to add studies to charts in Tradervue. And if you’re not already familiar with it, here’s a primer on VWAP!
Multiple tag filters are an incredibly powerful way to filter trades in Tradervue, and today they’re getting even better. You can now exclude tags from your filter using NOT. With this in mind, let’s go through the different ways to filter tags:
You can require multiple tags using an AND filter. For example:
earnings AND momentum
You can require one or more tags using an OR filter:
earnings OR momentum
You can exclude trades with a certain tag:
You can also combine NOT and AND, to include only trades that have one tag but not another:
earnings AND NOT momentum
Over the past weeks, we’ve been adding a lot more functionality to the Tradervue API. In addition to the Import API we’ve had for a while now, we’ve added API access for:
- Journal entries
- Journal notes
Here are just a few things you could do with the new API:
- Create new trades programmatically, and add notes to them throughout the trading day
- Update your daily journal entry from another application
- Create journal notes from anywhere
- Retrieve data about your trades, including analytics like MFE/MAE and efficiency, for further analysis in other applications
The list goes on and on! See the updated documentation for the API for more details.
We’re also not done with the API – so if there is something you’re trying to do, and you need additional API support, let us know!
We now support importing trading data from TradeReporting.com. Simply click Import Trades, select TradeReporting from the list, and follow the instructions on the right side of the page!