If you’re an active stock and options trader, you know the thrill of the market. But you also know the tedious, time-consuming, and often frustrating reality of tracking your trades. Are you tired of wrestling with cumbersome spreadsheets? Fed up with the endless cycle of downloading and importing CSV files? Constantly second-guessing your true cost basis or struggling to visualize the potential outcomes of complex option strategies?
If any of this sounds familiar, you’re not alone. Many traders find that managing the administrative side of their portfolio can detract from their focus on making smart trading decisions. But what if there was a better way?
Welcome to Effortless Trading with Double Great Trading!
At Double Great Trading, we believe your time and energy should be spent on strategy and analysis, not on manual data entry. That’s why we’ve built a platform for fully automated stock and option trade tracking. Say goodbye to the old way of doing things and embrace a new era of clarity and efficiency.
How Double Great Trading Transforms Your Trading Workflow:
- Seamless Automatic Position Tracking: Forget manual updates! Our system connects directly via broker APIs, automatically refreshing your trades and positions every 5 minutes throughout the trading day. No more exporting or importing – just up-to-date information at your fingertips. We even attempt to automatically calculate trade strategies for your new positions.
- Crystal Clear Cost Basis & Payoff Diagrams: Finally, get a clear picture of your true cost basis without complex calculations. For those intricate multi-leg option positions or “messy” holdings, our interactive payoff diagrams are a game-changer. Visualize your profit and loss zones and identify breakeven levels in real-time. Understand exactly where you need to adjust positions, like selling covered calls or puts, to stay above your basis.
- Comprehensive Performance Insights: Knowledge is power. Easily track your profit and loss for all closed trades. When you join, we import 12 months of your trade history, automatically creating positions so you have a solid foundation. Plus, with weekly and monthly balance and PNL tracking, you’ll always know where you stand.
- Tailor Your Tracking with Custom Strategies & Tags: Every trader is unique. While we provide a default list of trade strategies, you have the flexibility to create custom strategies and position tags. Use these to filter, sort, and track your portfolio exactly the way you want.
- Consolidated View of Open Positions: See all your open positions in one clean, consolidated view, complete with all the relevant data you need to make informed decisions.
- Trade On the Go with Mobile-First Design: We understand that you’re not always tethered to your trading computer. Double Great Trading is being developed with a mobile-first design, ensuring a seamless and powerful experience whether you’re on your smartphone or your desktop.
Growing With You:
We currently offer robust support for Charles Schwab, and we’re actively working on expanding our integrations. Brokers in our pipeline include Robinhood, Alpaca, and Tradier. Our platform supports a wide range of security types, including Stocks and ETFs (Long and Short) and Options (Calls and Puts, Long and Short).
Ready to Revolutionize Your Trade Tracking?
Stop letting manual tracking drain your time and obscure your insights. It’s time to experience the ease and power of automated trade management.
Sign In / Up today at Double Great Trading and take the first step towards a smarter, more streamlined trading journey!
Have questions? Reach out to us at [email protected].