Titan guide · 4 min read
Transactions in Titan
Transactions is your book of operations. Every other screen in Titan reads from it, so it is worth getting right before anything else.
In this guide
Your broker is not the source of truth
This is the one idea that makes the rest of the app make sense.
Your portfolio value is not read from your broker. Titan calculates it from the operations recorded on this screen. Linking a broker only means those operations get created for you instead of you typing them. If a purchase is missing here, it is missing everywhere: your Dashboard, your Dividends, your Calendar, your Optimization.
This works in both directions, and that is the point. Keeping this screen up to date is your job, and in exchange nothing in Titan depends on what a broker decides to show you.
Titan does not tell you what to buy or sell, and it does not promise any return. It processes the information you give it so you can make informed decisions. The decisions are yours.
The Assets tab
The picture of what you hold right now, one row per asset:
| Column | What it is |
|---|---|
| Asset | What you hold |
| Ticker | Its symbol on the market |
| Date | The oldest transaction in that position, so how long you have held it |
| Price per share | The average acquisition cost of the whole position, weighted by number of shares |
| Quantity | The shares of that asset currently in your portfolio |
On mobile the table shows Asset, Price per share and Quantity. Tap expand, top right, to see the rest of the columns.
Each row is a summary, and clicking on it opens up the lots behind it. A lot is each individual purchase, with its own date and its own price. If you bought the same company three times, you have three lots, and the row expands to show each one with those same columns.
That expansion is where the summary comes from, and it explains the column people find confusing. The price per share is a weighted average, not a plain one: if you bought 10 shares at 100 and later 30 at 80, it is not 90. It is 85, because the second purchase carries three times the weight. Opening the lots is the fastest way to see why your average is what it is.
The History tab
Every operation, one by one:
| Column | What it is |
|---|---|
| Type and asset | Whether it was a purchase, a sale, a dividend, and what it affected |
| Date | When it happened |
| Quantity | The shares involved in that operation |
| Price per share | The total divided by those shares |
| Total | What the operation came to, in the currency the asset trades in |
| Portfolio impact | The same operation converted into your base currency |
On mobile the table shows the type with the asset involved, Quantity and Portfolio impact. Tap expand, top right, to see the rest of the columns.
Those last two are the same operation expressed twice, and it is worth knowing why. The total is what actually happened in the market, in the market’s currency. The portfolio impact is what that operation did to your portfolio as you read it. If you hold anything outside your base currency, the two will not match, and neither of them is wrong.
You can delete a transaction from here.
Adding a transaction by hand
The button on this screen opens three types. In all three, taxes and fees can be left at 0 if you do not want to track them or your broker did not charge any.
Assets: purchases and sales
- Whether it is a purchase or a sale
- The date of the operation
- The asset
- The currency, which fills in with the asset’s trading currency and can be changed by hand if you operated in a different one
- Number of shares
- Price per share
- Taxes and fees
Dividends
- The asset
- The currency, filled in the same way
- The total amount of the dividend
- The date you received it
- Taxes and fees
Note it is the total received, not the amount per share.
Cash
- Whether it is a deposit or a withdrawal
- The date
- The amount
- Taxes and fees
Cash movements are what keep your available cash coherent.
Linking a broker
The other button on this screen. You can link more than one broker at a time, and their operations come in on their own instead of being typed.
That same button takes you to where you manage your connections afterwards. You can also remove one from your Profile, in Settings.
Quick tip: the first time you load your portfolio
If you did not enter your positions when you created your account, this is where you do it. Enter each position as a single whole, without splitting it into lots: you get the full picture from day one, and you can break each one down into its real lots afterwards, at your own pace.
Everything Titan shows you is built on this screen. Fifteen minutes spent here properly is what makes the rest of it worth looking at.
Ran into a problem with this section in the platform? Write to help@titanmanager.io and we will look into it.