Below are listed some of the features that are critical to a trading
interface (for me). Please add items that are important to you so we
can compile a list of best features.
Order Types:
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Market
Limit
Stop
Trailing Stops
Stop Limit
MIT
Cancel All open orders
Buy All (buy predetermined amount of each market)
Sell All (sell predetermined amount of each market)
Exit all open positions (go flat everything)
Simple up/down keys to quickly increase/decrease price and
shares/contracts for open orders.
Always on top option
Compact Mode (to maximize screen real estate)
Ability to Edit/Delete/Manually enter trades
Trade Log including the following fields
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Symbol
Date/Time
Position
Buy/Sell amount
Price
P&L/Loss
Cumulative P&L/Loss
Max Open Position P&L
Max Open Position Drawdown
Statistics to analyze performance:
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Total Net Profit Profit Factor
Gross Profit Gross Loss
Max Open Drawdown Max Closed Drawdown
Total Trades Percent Profitable
Winning Trades Losing Trades
Scratch Trades Scratch Trades %
Total Commissions Commiss % of Gross
Largest Winner Largest Loser
Average Winner Average Loser
Avg Win/Loss Ratio Average Trade
Max Consec Winners Max Consec Losers
Total Shares Traded Max Shares Traded
Avg Shares Traded Expected Return