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TradeSmart 2.0
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SDA Technologies Inc. |
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Rating: 5/5 (2 votes) 
Released: Dec 05, 2005
Platforms:
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TradeSmart is the easy to use, sophisticated trading journal software for the Active Trader.
Trading Log/Journal/Accounting Module tracks your trade history.
Current Account Status window lets you see where you stand now.
Risk Reward Module helps you select the better trades.
Standard and custom reporting/analysis module on your trades.
Intuitive Powerful Excel Spreadsheet Template
Designed for the Active Trader.
Helps you Cut Losses and Let Profits Run
Thus, TradeSmart?s risk reward module is designed to help you define your risk reward parameters, exit points, stop loss limits, profit targets, entry point, amount of capital to commit to a trade, risk/reward ratios, at work dollars, and at work % risk. Therefore, you can make smart choices before making your trade.
The account status window allows you to view all important risk reward ratios on open trades as well as the current profitability of your completed trades.
The trading log allows you to keep track of all your trade. It performs multiple calculations on your trades automatically. It has full support for long and short trading. Trade positions may be edited at any time.
The reporting system is written using Microsoft excels pivot table thus giving you unparalleled power in writing reports. The system comes with predefined reports and charts included, but by using the custom report builder your report possibilities are endless.
It is absolutely critical to have a complete, well-thought out plan of action before entering any trade. This includes the number of shares you will buy and at what price, the price at which you will sell the shares (if they go up) and the price at which you will sell the shares (if they go down) to cut your losses. Once you develop a plan, stick to it and do not change it solely as a result of your emotions. Discipline is the vital key to day trading success! TradeSmart is the key to your discipline.
Product homepage: http://Sdatechnology.com
Download: 
sdatechnology.com
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| Users reviews |
| Powerful for the Money | 2006-04-18 |
| Great online tutorial. This app is a little clumky at first with the many feilds that need filled in. Onece using it it provides many powerful reports and charts for tracking different stratagies.
It would be nice if after purchasing it they would unlock it so you can customize it.
Things I would like to see are deposit/withdraw tracking in setup. Days held in reporting info and "open trades P/L" in conjuction with MSN Money Stock Quotes.
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Reviewed by trader t
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| Add review |
| Type: Shareware |
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Cost: $24.95 US |
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Size: 1220 K |
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