Meta trader 5 Sync is finally here!
To sync your MT5 account with trademetria, you must have a pro plan. You can still sync via file uploads using your free or basic plan.
To sync your MT5 account with trademetria, you must have a pro plan. You can still sync via file uploads using your free or basic plan.
Creating a trading plan is a crucial step towards becoming a successful trader. A trading plan outlines your goals, strategies, and risk management techniques. It helps you stay focused, disciplined, and objective when making trading decisions. In this blog post, we’ll discuss the steps you need to take to create an effective trading plan on Trademetria.
Trading journals are a critical tool for traders looking to improve their performance and reach their financial goals. In this article, we’ll answer some of the most common questions people ask about trading journals and provide tips on how to get the most out of this valuable tool.
As a beginner trader, it can be overwhelming to navigate the complex and constantly-evolving world of the financial markets. There are many things that I wish I knew when I first started trading, and I believe that these five pieces of advice could have saved me a lot of time, money, and frustration:
Beware of traders who say their win rate is x or y% because win rate doesn’t give a complete picture of someone’s trading performance…at all. Win rate is simply the percentage of trades that net gains. On the other hand, expectancy takes into account the average size of gains and losses giving you a better picture of a trader’s performance. In this post, we’ll explain both metrics and why they matter in understanding how good a trading strategy really is.
If you are looking for a trading journal that is compatible with Marketech Australia, look no further! We are happy to announce that our trading journal now supports files from Marketech, one of the best brokers for individual traders. To import your trades, visit the import page and follow the instructions below:
Running a trading business is definitely simpler than most businesses out there. No physical location, no employees, no inventory (besides capital) and the sky is really the limit to growth. Because it’s so easy to start, it’s also easy to get sloppy in managing it leading to an early close. The benefits of treating your trading as a business are many, most importantly, you’ll get better results. Does a CEO of a company look at only sales numbers at the end of the day to measure the success of his/her business? No, lot’s of variables are taken into account to know the health of the business and most importantly, how to increase sales. Unfortunately, most traders only care about profits and losses.
In this post, I’ll go over a couple of important aspects of a trading business so that you can treat your trading like one.
Among the questions I receive often, the most frequent is: “When do I know when to trade on a real account and risk real money?”
Many people don’t even want to try to practice in the simulator before starting trading a real account, thus risking money they can’t afford to lose, with the illusion that their account will grow. I call this an inconsequential attitude!
In this video series, we review one of our user’s accounts looking for insights to improve his trading performance.
At Trademetria, we process millions of trades a month without a glitch, and believe it or not, when users compare our results to their broker statements, they find some scary broker miscalculations ranging from rounding errors to missing fills leading to a wrong pnl. After seeing data from 150+ brokers, we can safely say we’ve seen it all.