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Extreme Charts and Simutrade Manager is a charting program that can be used to conduct proper technical analysis and is unmatched when it comes to versatility and reliability. The program is designed to help individuals potentially maximize their profit once they learn to become better, more effective traders.
Extreme Charts is the preeminent charting and analysis tool on the market, while Simutrade Manager enables traders to execute new strategies without financial risk and save countless hours of work at tax time. This software tool offers traders the ability to chart, track and analyze every trade, and scan the market for trading opportunities that best fit your favorite strategy.
Extreme Charts is unmatched for its versatility when it comes to being able to conduct technical analysis on a stock. The program allows the user to customize each chart, add interpretive indicators, draw trend lines, identify support and resistance levels, and establish standard templates. Students who use Extreme Charts can create a series of custom watch lists and use filters to scan the market for tradable stocks. Unlike many sites, all notations placed on the chart remain in place until removed by the individual trader.
The Simutrade Manager portion of the tool is split into two sections, one which permits a user to analyze real trades and paper trades, and one that keeps track of all transactions in order to produce a list for a tax return. The analytical portion of the tool helps students determine what they're doing right and what they're doing wrong when it comes to trading, and shows them their most successful strategies. The tool also enables students who subscribe to The Dedicated Trader to download trading candidates and prospects.
ECSM helps students learn to evaluate price trends and forecast changes in price patterns, factors needed to achieve success. It will help traders of all experience levels become more successful in their analysis and, as a result, derive more profit from the market.