add a high quality Trading Journal - in a tab of it's own
A quality Trading Journal should naturally be included within VectorVest and would add a wealth of information and feedback by having the ability to analyze trades in many ways as well as understanding what is working out well in VectorVest to ultimately improve as a trader/investor.
Please review existing fee-based online Trading Journals and what they offer such as Trademetria.com, Tradersync.com, Tradervue.com and Edgewonk.com. and add a similar product with the best features into VectorVest.
Top well-known traders universally emphasize keeping a journal of trades to both succeed as a trader and continually improve, but nothing like that exists in VectorVest and would only add to VectorVest core mission of helping investors/traders succeed.
Just writing trades down with notes in a spreadsheet or paper journal is old-school and limited, but instead having trade data analyzed and the ability to visually see winning/losing actions, habits and trading results trending would add immense value to VectorVest.
Because a quality journal should be both customizable and have many built-in logical data input fields a separate VectorVest tab is suggested or be logically placed as its own selection in an existing tab such as Viewers or Views tab.
The ability to enter trades manually or connect to a third-party broker should be optional just as the above-mentioned online Trading Journals offer as well as other features they offer.
Have the ability to review and analyze trading results by things like;
Were the VectorVest signals such as Primary Wave, Confirmed Calls and DEW etc. up or down at the time the trade was opened and when closed, and which signal was followed or were any followed or considered for the trade?
Which uni-search was used, if any?
Was a specific system followed or not followed?
Were trading rules broken and if so how?
What was the reason for selling - fear, greed or rule adherence? etc.
Was a stop loss used or not used? How was a stop loss implemented, by percent or dollar amount?
What type of buy and sell orders were used?
Have the option of analyzing a closed trade and if it would have changed results if bought and sold following each of the different VectorVest signals.
What was the VectorVest ratings analysis, RT, VST, RV, CI etc. at the time the trade was opened and when closed.
What was the rating of the industry and sector at the time of the trade when opened and closed?
This is only a small list of many possible items and fields that over time could be extremely valuable to a trader/investors success and ultimately an added reason to keep using VectorVest.
Please review the above mentioned Trading Journals and consider adding this valuable tool as a VectorVest improvement.