Perfecting your trades
Edgewonk shows you when to enter trades, how to set your stops to avoid stop hunting, where to put your targets to increase the size of your winners and which trades are not making money for you.
We developed a set of unique algorithms that help you optimize not only your trade entries but also your order placement.
Stop making mistakes
Edgewonk comes with a set of emotion features that will help you improve your discipline and will keep you out of trades you should not be in.
Most traders would be much closer to profitable trading if they could avoid making unnecessary mistakes. Edgewonk’s psychology functions have been developed to do just that for you.
Learn how to make money
Our proprietary algorithms provide instant feedback and you get actionable tips that allow you to make very specific changes to improve your trading.
Let Edgewonk show you what to do once you are in a trade, how to manage open positions, when to cut losses and how to ride winners. Our customizable metrics identify your weaknesses and tell you what to change. We take out the guesswork when it comes to profitable trading.
As a Tradimo user, you qualify for our $30 discount on the Edgewonk trading journal. Simply use the code “tradimo” during the checkout process to get $30 off.
Forex Tester is a software that simulates trading in the Forex market, so you can learn how to trade profitably, create, test and refine your strategy for manual and automatic trading.
Analyse results to find weak and strong points of your trading strategies
Statistics reveal true performance: You can take notes on every trade (keep a trade journal) and export your trade log for analysis on Excel or other programs. There’s no longer any need to rely on estimations, or even on wishful thinking!
Amateurs have to rely on assumptions and believe what others tell them. Professionals, however, make their decisions based on facts. Forex Tester will deliver the hard facts about your strategies. If a strategy is not profitable, you will find that out quickly with Forex Tester (contrary to testing in a demo account). Now you can improve it or invest time in developing another strategy. Likewise, if you have a great strategy, you will want to trade as soon as possible. Forex Tester delivers the results you need to do so with confidence. (Good strategy? Forex Tester will let you know pronto => you can start trading it now without hesitation.)
When it comes to backtesting a trading strategy, optimizing its parameters can take it from okay to great. Forex Tester makes this process easier than ever. Knowing which parameters make your strategy work will not only make the strategy better, but it can also help generate ideas for new strategies.