After blowing up my first account due to having no clue, I am now papertrading.
The objective of my papertrading being to develop a controlled trading system that actually works.
I am developing an Excel spreadsheet that assesses my trades ongoing and provides summary stats such as win loss ratio, average winning trade, average loosing trade, expectancy etc.
Also I am working on a spreadsheet that will help me manange a trade by calculating the effects of trailing stops etc.
Problem is its not linked to any data source and I have to labourisly enter current prices etc.
I have just started playing with Metastock - but from what I can see thus far - it wont manage actual trades as above for me?
Does anyone know of any existing software that will do this stuff?