Link Trades in Journal
Trades can easily be linked in the Journal. This is helpful to keep related trades grouped together for easier tracking and analysis.
Some common applications include:
- Covered Calls – keeping stock and selling Calls with different Expirations
- Adjustment/Repair Trades
- Other previously Unmatched trades
This feature is best used in the Life of Trade View in the Journal.
The following steps will allow you to Link Trades: 
1. After selecting your account and sorting by symbol, expand one of the trade tabs you want to link to another trade group or set.
Click the ‘Link Icon‘
2. A pop-up window will list the Selected (Expanded) Trade, any related trade and Available Trade Sets for that symbol in that account.
Note: You can link trade sets both prior to and following your current, selected trade.
Example: You want to link a May 2019 expired Call to April 2019 and June 2019 Covered Call trade set.
3. Click “Link To This Trade Set” for trade set(s) to link selected trade to, then click “Close“.
In this example, we linked an Expired May 10 2019 short call to an April and June Covered Call trade set.
After linking the trade, notice the total Profit (Loss) Amount updated, but the trade duration did not.
This is because the May Call falls in between the original April trade entry and the June expiration.
If you have more trade sets to link, repeat the previous steps as outlined.
Final note: If you link a trade in error, simply expand the same trade tab and ‘uncheck’ the Link This Trade Set box.
Life Of Trade Icon/Color Codes
The Life of Trade Icon and Tab/Trade entry color show help you identify the status of your trades.
Icon Display and Color Coding
Note: Orders are automatically updated when you login to your trading account, whether Live, Virtual or Manual
Blue – Hollow Dots – No Connection
Active Order or Open Original Trade
Yellow – Hollow Dots – Open Connection
The Original Trade has been adjusted, but is still an Active Trade
Yellow – Solid Dots – Closed Connection
The Trade and any Adjustments have been closed, but one or more entries need to be
Matched or Reconciled
Green – Solid Dots – Closed Connection
Closed trade – which includes any adjustments – resulting in a Profit
Red – Solid Dots – Closed Connection
Closed Trade – which includes any adjustments – resulting in a Loss
Trade Entry Lines
Note: Depending on the Theme used, the following colors will vary. The bar color denotes whether the trade needs action – such as Reconciliation or Matching to another trade.
Blue Line
No action needed on these entries. The colored left tab shows the status of each trade:
Blue: (Open Trade, hollow dots, no connection), Yellow: (Adjusted, hollow dots, partial connection), Red: Loss (Closed, solid dots, connected), Green: Profit (Closed, solid dots, connected)
Yellow Line
Action is needed on these trade entries. The Trade may have gone through Expiration and needs to be Reconciled. By clicking on the Trade Line, the Trade Tab will display:
Once the action is completed, the entry will update on all Journal tables including the Tags, P/L Graph & Insight tabs.
It is important to reconcile expired trades to properly display profit and provide updated analytical information on your trading success.
Color Codes of The Trade Journal
The Tabs on the Journal are Color Coded for Easy Understanding of the Trade
Primary Tab Color Coding (see below for expiration tab coding)
Note: Orders are automatically updated when you check order status. Just make sure to select the time frame to cover the trades that need updating
Light Blue
Active Live Order
This indicates that you have a current live order
Dark Blue
Trade – Open
This indicates the opening transaction of a trade
Gray
Expired or Canceled Order
This can be from a order that you canceled, or a day order that did not get filled
Green
Closed Trade – Profit
This indicates a trade that you closed for a profit
Red
Closed Trade – Loss
This indicated a trade that you closed for a loss
Yellow
Closed Trade – Unmatched – Requires action to match to related
trade. Expand tab to see detail of trade.
Unmatched Trades can happen if there are multiple trades and an entry trade needs to be identified or because a multi-leg trade was split on exit, or change of stock position when an option expired (exercise/assignment)
This is easily matched by clicking the edit icon (pencil) and selected which open order to match to. In some cases there may only be one, and it is simply a verification.
Expiration Tab/Tagging Colors
Red or Green with No Color Tagging
This indicated the option trade expired Out of the Money (OTM)
There were no options exercised or assigned through expiration
Red or Green with Dark Green Color Tag
This indicated that there were ITM options exercised/assigned
However, there was no change is stock ownership. Example: Bull Call where both legs were exercised/assigned.
Red or Green with Yellow Color Tag
This indicates a change in stock ownership through exercise/assignment
This will happen with single leg options trade or where one leg of a spread was ITM at expiration
It is important to reconcile expired traded to properly display profit. If there are unreconciled expired options, the reconciliation window will automatically display when you go to the options tab.
Portfolio
Manage Your Portfolio from the Platform
With Brokerage Integration you can trade directly from the platform with select brokerage firms. Currently TD Ameritrade and Choice Trade are available. With more on the way.
Strategy Template
A Strategy Template provides a shortcut to quickly create an option strategy, virtually eliminating structure errors. Once selected, you can modify the structure within the template using the tools on above the option tables: Moving Strikes up/down, rolling Time out/in, widening or narrowing Strikes.
Some strategies can be changed from all Calls to all Puts (and vice-versa).
Note: The templates will not allow you to exceed certain parameters, as attempting to do so would result in an invalid strategy. This is a built-in safety net and you would receive a notice similar to:
Watch - The Next Step
The Outlook.
You’ve checked the overall markets, found some stocks with matching outlook. Now to keep track of them. This platform allows you to create customized Watchlists – always with the ability to manage them by adding to transferring between or deleting from any list.
View them by a List or Tile View. Both options give you navigational tools to further research such as action arrows and The Score icons.
Tile View offers 1 Day, 1 Month, 3 Month and 6 Month periodicies.
List View allows you to sort stocks by symbol, most recent price, Change, % Change, etc.
Both Tile and List View a ‘bird’s eye view’ of the stock, can be moved to the Reseach Tab, added, transferred or deleted from a Watchlist.
“Personal Watchlists” – create your own lists tailored to your strategies and current market conditions.
Default lists such as “Large Cap”, “Main” and “ETFs” are already included.
“Active Watchlists“- lists stocks most active, gainers/losers and those at their 52 week high/low.
“Dynamic Watchlists“- are system generated and maintained lists.
“Virtual Watchlists” – automatically populates with the stocks trading in your virtual account.
Options Navigation
Expirations are displayed above the Option Table.
Select the months to view by clicking on the appropriate box. All available dates are displayed. Remember, the further out the option expiration is, the fewer dates are available.
Toggle between Calls Only or Puts Only view.
Change Option Table views to Pricing, Value, Greeks, Trade or new Custom views you create to suit your needs.
The small tab on the left side of the table will collapse the stock summary box & widen the option table.
The scroll bar on the right side and slide bars at the bottom on the table offer additional navigation.
Top Level Navigation
Designed so trading workflow makes sense.
Home provides an overview of the current market from charts to maps and customize your own view.
Watch more detail of selected stocks matching overall outlook.
Find identify opportunities from scans, strategies, outlook and more.
Research gives you all the detail you need on the intuitive Dashboard
Portfolio keeps your accounts, trades and journal in one place.
Research
Narrow the field to find the highest probability trades.
Stock
You’ve narrowed the field by selecting potential candidates matching the outlook and selected strategy, but which of those have the highest probability of success? Research allows you to drill down for information as much or as little as you want.
The Dashboard provides an overview: Quote Detail, The Score, Activity such as News/Earnings/Dividends and information about the Company and a list of other company stock symbols in the same industry. Each component has it’s own tab to provide more detail.
Components of The Score are designed to keep the information available to you, but out of the way when you don’t need it.
The Options Tab offers Strategy templates, option chains, snapshots and definitions of strategies, P/L Graph with Risk/Reward ratio, Analytics and Stock/Volatility charts.
The Activity Tab includes a Beta version of the Journal as well as News and StockTwits ®
Advanced/Declined & Highs/Lows
The Graphs on the left side of the Market page can provide confirmation of whether there was a Rally or Sell-Off in the time frame selected by providing the numbers of stocks taking part in of the movement.
The 52-week High/Low Graph further confirms if there is a Market Trend by showing how many stocks closed at their 52-week High/Low.
Note, you can select a 1, 3 or 6 Month or 1 Year time frame in which to view the data. By sliding the cursor along the horizontal ‘0’ (zero) line on each graph, data for each day will appear.
