Looking for a way to get an edge with your Forex trading? Learn the secrets that all professional traders use. Join their ranks by understanding the value of correct money management and position sizing, along with careful analysis of trades taken. Find ways to improve your equity curve while revealing the weak points of your strategies. Only by becoming a successful money manager will you ever make it into the top group that actually makes money in Forex. It takes more than just a great strategy, a robot or a signal service to be consistently profitable - it also takes precise Money Management and analysis of your trades. These two tools will make all the difference in your trading!
Forex Smart Tools are free-standing PC applications that show critical information about your stops, take profits and risk to reward for each trade.
Available for immediate download upon purchase confirmation. Includes two software tools: the Calculator and the Trade Log
Features of the Standard Version
- Two licenses
Trade Log
- 15 standard parameters and unlimited custom parameters
- Stores screenshots, notes & lessons learned with each trade
- Track unlimited number of accounts
- Create any number of custom analysis reports
- Summary page quickly shows all your stats
Calculator
- Set your risk profile to show you what your maximum loss can be on any one trade
- Uses live currency rates, spreads & pip values
- 16 currency pairs available
- Calculate correct position sizes for complex trade entries, such as feathering in to cost average a position
- Works for different styles of trading such as cost-averaging, stop-and-reverse, multi-leg positions based on scaling in, straddle or pending orders, & much more.
(for even more features, including all currency pairs, import of broker's statement into Trade Log & more, see the Pro version of the software).
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