FXTM information and reviews
FXTM
92%
IronFX information and reviews
IronFX
91%
Libertex information and reviews
Libertex
90%
FxPro information and reviews
FxPro
89%
FIBO Group information and reviews
FIBO Group
88%
FXCM information and reviews
FXCM
87%
EUR/USD
1.2084
GBP/USD
1.407
USD/JPY
109.5559
USD/CHF
0.9083
USD/CAD
1.2111
EUR/JPY
132.3867

Trading Tracker: Analyze your trading performance


23 October 2020

The Trading Tracker is your trading assistant designed to analyze your activity and give advice on how to improve your trading strategy.

Please note that only closed transactions on a real trading account are taken into account in the calculations. 

How will I be able to tell if I’m a good trader?


The first sign will be if you’re making successful deals. Technically, your goal is to reach the indicator of 55% or above by taking gradual steps. This is easy, but it will require you to study and follow the three "golden rules" of trading:

Improve your trading skills, follow the prompts, and use the "Trading Tracker" to assess your progress.

Why 55%?


We have been tracking the actions of successful traders for a long time, and we have noticed that the types of skills that they possess are very similar. The level of these skills can be measured using a simple and understandable indicator that avoids the use of complicated financial terminology and calculations. The "Trading Tracker" keeps a clear track of profitable transactions throughout the entire trading period. It produces insights that are just as good as classic financial indicators of trading performance.

Our observations have shown that successful traders post indicators that are greater than 55%. We took this level as a model or benchmark, which is the term that is used in trading circles. Studies have confirmed that keeping this indicator above 55% allows you to obtain stable long-term financial results. An indicator of less than 55% can produce a positive result only over the short term and, as a rule, when there is a random confluence of circumstances.

Based on the value generated by "Trading Tracker" and your progress, we will promptly warn you about potential risks and possible errors. You can always find practical knowledge and tips that will lead you to success in the training section, which could lead to more potential profits for you.

#source

Related

FxPro Trading Platform: Elevate your trading experience

As a global leader in CFD trading, here at FxPro we are always looking to expand our product offering, and provide the most convenient, yet feature-rich trading platforms...

13 May 2021

Moneta Markets Launch PAMM Service

Forex broker Moneta Markets, has just launched their new PAMM service, offering money managers and skilled traders an integrated solution to manage investor funds.

12 May 2021

Moneta Markets Overhaul their CPA Affiliate Partnership Program!

Global FX and CFD provider, Moneta Markets have updated the structure of their Affiliate program, in what appears to be a CPA model structure...

12 May 2021

FXCM Forex Baskets: a great way to speculate on volatile instruments

Trade Yen, USD and emerging markets indices. Speculate on volatile instruments, while lowering the risk of exposure to just one currency...

11 May 2021

FXCM PLUS: trading tools you need to maximize your trading experience

No matter what level of experience you have in the forex market, FXCM PLUS has the trading tools you need to maximize your trading experience. Trading signals...

10 May 2021

What Is A Forex Trading Robot?

Whichever path you follow, whichever tactic you choose and whichever method you use, cannot guarantee you 100% success. Life is full of promise, but we are responsible...

6 May 2021


Editors' Picks

© 2006-2021 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.