We are glad to introduce a new feature in Bitinsure. Now it is possible to include your open positions into your trading statistics!
First of all, what does the automated statistics do?
- Saves your time. Automatically gathers and updates trading statistics 24/7
- Reveals real results. Calculates the key trading performance metrics
- Enables comprehensive review. Presents trading performance results via smart
These functions, acting together, contribute significantly to trading progress: trading analysis, adjustment, backtesting. Therefore, having your trading statistics at hand is crucial for developing a profitable trading system.
We understand that each of you develops various strategies with different tools and approaches. Therefore, for your convenience, we included a new option for starting statistics calculation. Now you can select the way to calculate the statistics from your exchange account:
- Only closed trades are considered in the profitability chart and trading metrics. In this case, you see your realized profits and losses.
- All the trades, including the open ones, are considered in the profitability chart and trading metrics. In this case, the chart reveals also unrealized profits and losses.
Both approaches are widely implemented in trading statistics analysis, depending on trading strategy and aims. Get more info on how to use your stats to improve trading:
- Multiply the deposit via self-awareness (1)
- Multiply the deposit with the statistics analysis (2)
- Multiply the deposit with strategy optimization (3)
To include open positions, visit Bitinsure Dashboard and enable the function Include open positions in the upper menu.
By the way, have you ever thought about how important is statistics in trading? In fact, it can take your trading to the next level! Surprised? Then read about key trading performance metrics in our blog: profit factor, maximum drawdown, win-loss ratio – and improve your trading performance!
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