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Pro Support for SpreadBetting 2.0

Company: Melissa Wepener
Date Added: January 09, 2014  |  Visits: 125

Pro Support for SpreadBetting
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Spread betting finally has a comprehensive suite of support tools that give you a professional advantage.
Trade Support for Financial Spread Betting is an easy-to-use mobile application tailored specifically for financial spread betting that offers you 4 methods of intraday risk management, a performance log, forecasting tool, risk strategy builder and metrics provider, in 3 easy steps.

STEP 1: Take 2 minutes to set up your strategy
STEP 2: Update your account balance when it changes
STEP 3: Enter the distance of your stop loss when you trade
STEP 4 (optional): Enter your trade entry, stop loss and target levels

The app will automatically calculate the following:

1:Risk Manager

Displays the maximum size per trade, based on your personalized intraday risk management strategy
Calculates the risk/reward ratio per trade
Indicates when your daily profit reaches the target profit

2:Automated Log Of Closing Balances

Automated list of closing balances
Represents past performance on a chart
Profit/loss per day
Profit/loss (%) per day
Add, amend or delete entries
Add notes or comments to each entry.
Keeps track of fund transfers per day in your daily notes, which will be factored into all metrics and calculations.

3:Forecasting Tool

Forecasts future closing balances, based on the actual average profit/loss (%) per day
Forecasts target closing balances, based on the target average profit (%) per day
Lists all historic closing balances and forecasts a maximum 100 days
Displays the percentage variance per day between the actual vs target historic and forecast closing balances
Represents the actual and target performance on the same chart.

4:Available Metrics

Account Balance
Total Profit/Loss
Average Percentage Return per Day - either by a VWAP or Simple method
Net Transferred Funds
Tier Level displays the risk reduction level you are currently on, based on your account balance
Tier Percentage displays the current maximum risk per trade based on your strategy settings
High/Low Balances displays your highest and lowest closing balance

Trade Support for Financial Spread Betting is unique because it offers a selection of preset methods and a tiered risk function to calculate the maximum intraday trade size. Each method has been designed to suit different trading styles, market conditions and appetite for risk.

Selection of Intraday Risk Management Methods

1:Fixed - Recommended if you want to bank your profits daily and minimize profit/loss swings.
2:Open Variable - Recommended if you want to protect your profits and slow down your losses.
3:Open Fixed - Recommended if you want your to protect your profits, but maintain your intraday trade size
4:Current Variable - Recommended if you want to increase your intraday position size, but slow down your losses.

Add Tiered Risk Reduction?
The Tiered Risk function is designed to protect your account balance by automatically reducing the maximum risk per trade as your account balance reaches your specified levels.
Ultimately, it's about taking control of your trades and making money.

For further information, please go to www.tradesupportsb.com
Requirements: iOS 5.1 or later. Compatible with iPhone, iPad, and iPod touch. This app is optimized for iPhone 5.

Requirements: No special requirements
Release Date: January 09, 2014
Platforms: iOS
Users rating: 0/10

License: Shareware Cost: $2.99 USD Size: 11.6 MB
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