The biggest thing I would like the app to support is ROLLS!
All the brokerages track current open positions, but in the case of Calendar or Vertical Spreads where you roll your short options week to week I still have to manually track my net credits collects.
I understand why brokerages need to track each trade by specific option contract/expiration date, however when you plan to have a long option position open several months out and have a strategy to sell front month options to collect theta and/or capture some implied volatility premiums you need to track your open and closed short credits against your long month debit.
I tried a few different ways to report this information in TraderSync however it doesn’t support Rolls or that strategy in general. The math is misreported or at least misrepresented in short form. The credits collected are not reported correctly. Even with manual entry or other manipulations it does not seem to want to report what is needed, (manual manipulation would not be efficient anyways if you have a lot of daily executions).
I chatted with support quite a bit and shared several screenshots. He said he will pass the issues along to the higher ups and he was very helpful for me.
Hopefully that actually happens. I spent a few hours playing and working with the tools to see if I was missing something...
TraderSync is a really nice tool, but in my opinion it really needs to go beyond what my brokerage already allows me to do on the trade management side with my rolling strategies in play. I’m not just buy naked options for wins 100% of the time, everyone knows you have to lose on some positions to control your risk and win overall.
I wanted to like this platform but after using both the online version and the app it became clear very fast that there needs to be more development time. The platform is very slow to load and sometimes you can’t click certain buttons causing you to refresh the page. You can’t expect someone to pay for something that is clearly still a beta product. Also as a trader I need to make sure that the platform I’m using is going to work 100% of the time. Funny thing is when I tried to delete my account there was even a bug that wouldn’t allow me to delete it. There is potential here, but it needs a lot of work.
So far the best app put there to track performance.
Love Trader Sync overall.
Time Stamp Bug:
There is a bug regarding time stamp of buy/sell, when entering the trades before 12 everything enters correctly, but trades after 12 are being treated as morning trades.
This is big bug as for day trading sell is treated as first entry even though its afternoon there by counting it as short position and not long. Looks like short and then covered for lower price and results as showing up loss.
(I correct the entry time manually on each afternoon entry to avoid the issue)
Tried this out as a companion to the web app but this thing is basically useless. It’s super glitchy, responsiveness is poor, freezes often, duplicates manual entries and then doesn’t repsond to certain presses.
Overall a pretty poorly executed app that’s keeping me from paying for the web app.
Platform has great functionality, gets regular updates, and has awesome support. It’s a package deal: most of your heavy lifting will come from the web interface, with the mobile acting as a high performing reporting tool. But how could it be any other way? What serious trader is hand-entering their trades via a phone, lol.
Seriously, there is this platform, then everyone else. Nothing is even close. If you’re looking for a journaling tool, stop here. You’ll love it.
TraderSync is a MUST HAVE for any day trader, swing trader, or long term investor. TraderSync tracks all trades and transactions and gives a detailed analysis of your portfolios statistics, profits, losses, and much more! I have been using this app to track my day trading progress and because of TraderSync I know what strategies work for me to make a profit. I now profit on more than 68% of the trades I take and have more than doubled my money in my accounts in less than 50 days! Thank you TraderSync for the time put into this app and the statistical breakdowns you have implemented. If you are a serious trading trying to make the most money you can, TraderSync is the app for you!
Would be great to see support for iPad version iPadOS
I don’t have Twitter. Thought the platform looked nice and wanted to try it out before subscribing to the paid plan but it says you can’t activate your account on desktop until you connect with Twitter.
This journal opened my eyes to my data. Made me realize what I was good at and why I was horrible at. This is a great addition to my trading and is already paying for itself. The customer service has been amazing. They integrated my excel sheet from CMEG in less than 48 hours and they helped me narrow done what was the best package for my needs.
Tried to really dig into the functionality of the app to determine how it could be useful. Created an open position and wasn’t able to go any further than that. Sadly, this app appears to have been thrown together especially since the website description has typos indicating a lack of attention to details. I’ll just create my own in excel or find another.
The Q4me
Wickedvoodoo
@tiger_swing (twitter)
Dentite
omilk
Ricky Quiroz
Yogen7777
kate7g
SJ investments
Kemacveal
