Trading may seem easy at first glance. You just have to click a few buttons to make money. But in reality, the stock exchange and the financial market can be very difficult to navigate. Whether you are a beginner or an experienced trader, there is no end to the quest for success. You have to constantly continue learning, improving and training in order to achieve your best results and stay abreast of the latest technologies that will make your life easier. In this article, allow us to introduce you to our FixyTrade platform and how it can help you increase your income!
What is FixyTrade?
If you are only just starting out, and you don’t have the slightest idea who we are, don’t panic, we’ll tell you everything you need to know! FixyTrade is a platform created to help you to grow in the field of trading. FixyTrade is intended for both beginner and specialist audiences and offers a multitude of analytical tools to improve your trading strategies. This (partially free) tool is easy to use and intuitive. We will show you how to use its different features in order to save time, improve your performance and increase your income.
The features of FixyTrade
FixyTrade offers three main features that will allow you to grow as a trader and increase your income. The three features are as follows:
- Trading journal,
- Synchronization,
- And goal tracking.
We’ll take a closer look at each feature in order to explain how it can help you generate gains and profits efficiently!
FixyTrade’s trading journal, a tool of automation
One of the most useful working tools for traders is the trading journal. If you don’t know what that is exactly, we recommend you find out more about it by reading our article here!
FixyTrade makes keeping a trading journal a breeze. Find out more!
Keeping a journal is something that we would say is an essential part of your trading journey. Noting down all the information about your previous trades as well as the gains and losses you have created will help you track your progress and set goals, the difficulty of which may increase or decrease depending on your performance.
It will help you, in the long run, to improve by enabling you to identify your strengths and weaknesses.
However, for many people, taking out a notebook and writing all this information down may seem time consuming. This is why FixyTrade allows you to create your journal and to synchronise it with your trading account, meaning it is automatically updated as you carry out transactions.
With a few clicks and whenever you want, you can consult your history, revisit your previous trades, and reflect on the choices you have made in order to improve your strategies. What’s more, you can also use FixyTrade to get a detailed analysis of your strategies, to identify your strengths and weaknesses, and to help you achieve even better progress.
What FixyTrade promises is access to comprehensive tracking of your transactions and to details like your logic and analytical strategy, and it delivers on that promise. What you have to do is take the time to question yourself, study the different situations you may have faced and think about the best strategies to put in place in the future.
The time invested in studying your trades may seem wasted, but it is actually time invested in your training that will have a real impact in the long term. Above all, the purpose of examining your own actions and working to eliminate the flaws in your strategies is to avoid any possible losses in the future. FixyTrade is a tool that provides you with total support on your journey and that could become your new ally in the world of trading.
All your accounts in one place
One of the features that FixyTrade offers, and one that we briefly mentioned above, is being able to synchronize all your trading accounts at the platform level.
No need to switch from broker to broker, you have access to all the information on the market, the trends, and the previous transactions carried out in the same place. This saves precious time that you can reinvest in your training, or spend on carrying out more in-depth research in order to prepare the ground for future trades.
The FixyTrade platform is so easy to navigate, soon you won’t be able to imagine working without it!
Strategic analysis and goal tracking with FixyTrade
In trading, as in any discipline, improving is a matter of practice. The more you practice, the more efficient you become. It could take you dozens and dozens of trades to improve your win/loss ratio. But that would probably cost a lot of money, right?
Practicing inevitably results in losing money if you do not know the best place to invest it. This is why there are solutions – strategy simulation tools – that allow you to train yourself to think, analyse, bet, and act like a trader, but without spending your hard-earned money. Indeed, FixyTrade’s platform offers a strategy simulator that will allow you to become a better trader without spending a single penny.
So, no more excuses, what is preventing you from starting to sharpen your trader mindset on our platform right now? Thanks to FixyTrade, you will be able to practice without losing anything, so that you can maximize your gains in the future.
However, we are aware that the flaw that some traders criticize in strategy simulation tools is that by allowing you to make hypothetical transactions, they remove one of the most important factors: risk.
If you are risking nothing, and the trade is done with no money and nothing is at stake, it might cause you not to take what you are doing seriously. This lack of investment would make the exercise much less effective, which would slow down your progress and waste time.
For the editors, in trading, nothing is more important than time, because as we all know, the proverb “time is money” is particularly true in trading. So how do you improve your learning experience on a strategy simulation tool?
On the FixyTrade platform you can track your progress and set yourself goals, which will allow you to gamify your learning time. You can recreate the real conditions of a trader’s life, create challenges and constraints for yourself, along with commitments for if you don’t achieve your goals, and rewards for if you generate profits.
For example, you could take the opportunity to exercise by doing push-ups if you make losses, or bet a friend that you will give them $5 if your balance is negative at the end of the week etc. FixyTrade is here to assist you, and to help you create an environment that pushes you to give your best. Thanks to our platform you will become a better trader, and you will achieve your goals.
Pricing and benefits
Our tool offers two types of accounts, which provide different advantages. The free account will allow you to:
- Track up to 30 trades per month,
- Manage your trading journal and access synchronisation of your accounts,
- Automatically track your progress and manage your goals!
The PRO account, which is available for only $19.95, grants you unlimited trades, the same advantages as the basic account, plus:
- Early access to all our new features,
- Analysis of the distribution of your trades over time,
- Daily, weekly, monthly, even hourly reports!
- Access to training to improve your skills!