SimFin
SimFin provides advanced analytics, backtesting, and financial data APIs, empowering investors and analysts with comprehensive stock market insights.
Wingman
Introduction
Wingman is an innovative options trade tracking assistant designed to simplify the complexities of tracking and managing options trades. Developed for traders who rely heavily on options, Wingman aims to eliminate the tedious nature of manual trade entry and track complex options strategies seamlessly. This tool automates the process, allowing users to focus on strategy rather than the intricacies of data entry.
Key Features
1. Automated Trade Importing: Gone are the days of tedious spreadsheet entries. With a simple CSV export from your brokerage account, you can import trades into Wingman in less than a minute. This feature streamlines the onboarding process for users and ensures they never lose track of their trading activities.
2. Comprehensive Performance Tracking: Wingman provides detailed metrics like win rate, total profit/loss, and fees integrated into its reports. Users can monitor their performance across different trading strategies and use custom tags for personal organization, making it a valuable tool for improving trading efficacy.
3. Advanced Position Analysis: Understanding your trades never been easier. Wingman calculates key metrics like your cost basis, realized profit/loss, and open positions instantly. Through these insights, traders can make informed decisions and adjustments to their strategies in real-time.
Senarios:
1. Active Options Traders: Options traders who frequently manage multiple trades can benefit significantly from Wingman’s automated tracking functionality, which reduces the time spent on data entry.
2. Multi-Broker Users: For traders using multiple brokerage accounts, Wingman allows easy integration and consolidated reporting, helping to track performance across all accounts efficiently.
3. Beginner Traders: New traders can grasp their performance metrics without overwhelming complexity, making it easier to learn and adapt strategies based on clear performance visuals and metrics.
4. Strategic Analysis: Users can employ Wingman to analyze the effectiveness of specific options strategies over time, leveraging the insights to refine their trading approaches and ultimately enhance their returns.
This product has 0 reviews.
