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The Importance of Tracking Trading Data and Using Spreadsheets for Traders
Tracking and aggregating trading data is crucial for performing postmortem analysis of trades, monitoring strategy performance, and comparing live trading with backtests. Using spreadsheets like Google Sheets allows traders to input data, manipulate formulas, and track different metrics. Additionally, tools like the Camara Lab help in tuning strategy performance and blending strategies for a smoother and lower volatility portfolio level performance. The course 'spreadsheeting for traders' provides best practices, tips, and tricks for using Excel and Google Sheets to extract more value from trading data through analytics.