Collecting Track Record

rubenhak · Jun 27, 2016

Hi Everybody,

I'm trying to collect a trading track record for some time in order to provide services to clients. I am using Interactive Brokers. My question is if there is any system available that would collect trades from IB and would show the trade history.

I tried using FundSeeder, but what i didnt like there is that their calculations are only based on the Net Liquidation Value. I'm looking to for a system that would track trades instead and would calculate the returns based on those.

Thanks,
Ruben

1245 · Jun 27, 2016

rubenhak said:
I'm looking to for a system that would track trades instead and would calculate the returns based on those.

You only want to calculate your returns on margin used vs equity in the account? So an account with $100,000 equity but you are only using $50,000, based the returns on that?

lawrence-lugar · Jun 27, 2016

...what is your historical trading record, if you don't mind me asking/revealing

userque · Jun 27, 2016

*Start from scratch at C2, and possibly obtain more clients.

*I've never done or heard of this: but perhaps you can get a well-known accounting/auditing firm to certify your trading record.

rubenhak · Jun 28, 2016

1245 said:
You only want to calculate your returns on margin used vs equity in the account? So an account with $100,000 equity but you are only using $50,000, based the returns on that?

Yes, I need it because the net value of the account is misleading. If I start with $300k account, and monthly deposit $20k it might seem like 80% return during the first year. Instead what should really matter are the trades regardless of the account equity.

rubenhak · Jun 28, 2016

lawrence-lugar said:
...what is your historical trading record, if you don't mind me asking/revealing

6 months of fully automated trading. Though, cant see how is this related to my question.

rubenhak · Jun 28, 2016

userque said:
*Start from scratch at C2, and possibly obtain more clients.

*I've never done or heard of this: but perhaps you can get a well-known accounting/auditing firm to certify your trading record.

I already have an automated system developed. Don't want to move the strategy to C2.

globalarbtrader · Jun 28, 2016

rubenhak said:
Yes, I need it because the net value of the account is misleading. If I start with $300k account, and monthly deposit $20k it might seem like 80% return during the first year. Instead what should really matter are the trades regardless of the account equity.

No it won't. Withdrawals and deposits don't affect your calculated returns in Fundseeder.

You can also set the account so it ignores withdrawals and deposits when calculating equity value.

You can set a fixed equity value in fundseeder. It won't be affected by p&l. That's what I use.

GAT

rubenhak · Jun 28, 2016

globalarbtrader said:
No it won't. Withdrawals and deposits don't affect your calculated returns.

You can also set the account so it ignores withdrawals and deposits when calculating equity value.

You can set a fixed equity value in fundseeder. It won't be affected by p&l. That's what I use.

GAT

If you're referring to "Nominal Account Size" calculation method I dont think that's what I was looking for.

I was hoping to find service that would sum up realize profits/losses over a month/quarter/year and just divide by account value. Looks like I need to implement that on my own as well

globalarbtrader · Jun 28, 2016

rubenhak said:
If you're referring to "Nominal Account Size" calculation method I dont think that's what I was looking for.

I was hoping to find service that would sum up realize profits/losses over a month/quarter/year and just divide by account value. Looks like I need to implement that on my own as well

What do you mean by "account value"? Could you give an example?

GAT