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This does not cover Gained or Lost for several weeks, or $Money I have withdrawn from the account, or costs I incur.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