Adding a futures trade manually in TradeZella is simple and straightforward. This guide will walk you through the process to ensure your trades are recorded accurately.
To manually add a trade-in TradeZella, visit the 'Manual' add trade page.
Click here to go directly to the manual trade entry page.
Alternatively, click the “Add Trade” button on the left panel and navigate to the “Manual” tab.
Steps to Add a Futures Trade
Select Your Account:
Choose the account where the trade will be applied.
Choose Asset Type and Symbol:
Asset Type: Select “Future”.
Symbol: Enter the symbol of the futures contract you’re trading (e.g., “MNQ” or “MNQU4” with expiration date).
⚠️ NOTE: Failure to enter the correct expiration date and symbol name can result in chart data not loading correctly.
Create a New Execution:
Click on the “Create new execution” button.
Enter the following execution details:
Execution Details:
Date/Time: The date and time of the trade.
Expiration Date: The contract’s expiration date.
Contract Multiplier: Enter the contract multiplier (check the CME Group website if unsure).
Number of Contracts: Specify the number of contracts traded.
Side: Indicate whether you’re buying or selling.
Price: The execution price.
Commission: Enter any commission fees.
Fees: Add any additional fees incurred.
Example: Adding a Micro E-mini Nasdaq-100 Index (MNQ) Trade
Here’s an example of how to add anMicro E-mini Nasdaq-100 Index (MNQ) futures trade:
Symbol: Use “Micro E-mini Nasdaq-100 Index (MNQ)”.
Expiration Date: Ensure the correct expiration date to avoid chart loading errors. For this specific trade, the expiration will be in Sep 2024 (denoted by “U4”).
Contract Multiplier: The multiplier for ES is $2, so input “2”.
You can verify the contract multiplier and other details on the CME Group website.
Step 1: Enter the details for the first execution:
Date/Time: 07/26/2024 19:38:38 +00:00
Expiration Date: Sep/13/2024
Contract Multiplier: 2
Number of Contracts: 1
Side: SELL (for a short trade)
Price: 19130
Fees: 0.74
Step 2: Add the details for the second execution to close the trade:
Date/Time: 07/26/2024 19:40:04 +00:00
Expiration Date: Sep/13/2024
Contract Multiplier: 2
Number of Contracts: 1
Side: BUY (to close the short trade)
Price: 19145.5
Fees: 0 (the total fee of 0.74 was already accounted for)
By following these steps, you can accurately and efficiently add futures trades to TradeZella.
Need further assistance? Contact our support team at support@tradezella.com