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Tradesq: managing and optimizing trading strategies

Tradesq is a newly launched software that enables traders to plan a trade and set the key  parameters and then manage it, independent of the broker or  brokers you are using.

Here is an overview of what the  software and a video that shows it in action.

This includes the all important and sometimes elusive money management: the software enables calculating the exact position size according to the risk tolerance. We advise limiting the risk to 2% of your account.

When trades are already open, the user can see a snapshot of all open trades, including profits and risks. Taking a wider view, the performance management  shows important stats such as the win ratio, the number of consecutive losses, etc.

Further reporting includes an option to describe the reasons for the trading, including tags and screenshots. In addition, there is an option to see the reporting using an R chart.

The  software was initially conceived by two traders as a tool that would help them with their own trading. This evolved quickly and now they are sharing this program with the world.

More details are  available on Tradesq  whre you can download the program and  try it out for yourself.

Here is how it looks like:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.