How to Track a Trade (Opening a Trade)

Written By Oscar

Last updated 8 months ago

This article guides you through the simple process of adding a new trade to be tracked within your Orizon Analytics account. By tracking your trades, you can gain valuable insights into the performance of your portfolio.

Step 1: Navigate to the Trades Section

  • To begin, locate the "Trades" option in the left-hand navigation panel on your screen.

  • Click on "Trades" to open your Trades page, which lists all of your recorded transactions.

Step 2: Initiate Trade Tracking

  • Once you are on the Trades page, look for the "Track Trade" button. This button is located prominently, at the top right of your Trades page.

  • Click the "Track Trade" button. This action will open the "Open Trade" modal (a pop-up window) where you will enter the details of your trade.

Step 3: Input Trade Details

  • Within the "Open Trade" modal, you will find an intuitive interface designed for easy data entry. Provide the required information for your stock or asset:

    • Symbol: Enter the ticker symbol of the stock.

    • Exchange (Auto-populates): Once you enter the symbol, the corresponding exchange will usually populate automatically.

    • Transaction Type: Select whether it's a "Short," or "Long" position.

    • Open Price: Enter the price at which you opened the trade.

    • Quantity: Specify the number of shares or units involved in the trade.

    • Open Date: Select the date on which the transaction was opened.

  • Ensure all required fields are completed accurately.

Step 4: Confirm Trade Tracking

  • After you have carefully entered all the trade details, locate and click the "Open Trade" button at the bottom of the modal.

  • Your new trade will immediately be added to your "Trades" list, and its details will be reflected across your dashboard analytics, such as Total Investment and Total Open Trades.

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By following these steps, you can efficiently track all your trades, ensuring that the analysis performed, provides you with the most accurate and up-to-date insights into your investment portfolio.

If you have any questions or encounter any issues, please contact our support team for assistance at support@orizonanalytics.io