BetterTrades provides several trading tools to help students with their stock and option trading education. The flagship products are Extreme Charts & Simutrade Manager and Real Time Markets. BetterTrades also sells a set of proprietary Scans to help students filter for possible trading opportunities.
All of these products are provided as subscription services that can be renewed annually. Real Time Markets, a real time quoting and trading tool, is web accessible allowing traders to access it from any computer with access to the internet. Extreme Charts is software that loads directly on your computer. This charting and paper trading tool can be updated through the internet at anytime during the trading day to give traders a view of the market and pricing trend for any stock traded on the US stock markets.
So why are these tools crucial to making better trades? Traders must learn to keep on top of market changes. Extreme Charts & Simutrade Manager allows you to make judgments on price trends in relation to past price movements. BetterTrades charting tool allows users to look at price trends in various ways using various graph types. It allows users to draw support, resistance and other trend lines directly on to the price graphs. Extreme Charts also lets you back test your trading strategy to see if changing tactics would have led to a better trade historically. Bettertrades also advocates non-funded trading as a method for making better trades. BetterTrades believes that building trading confidence is a necessary component in becoming a better trader. Simutrade Manager allows you to paper trade the market without risking any capital. It will keep an account of all trades made and show trading performance. Not until a student becomes confident with their trading should they be trading real capital. BetterTrades built the Simutrade Manager to help students build the confidence to become better traders. In addition this product helps traders keep track of their trades for tax purposes. By entering your trades, the system keeps track of all gains and losses for IRS purposes saving the trader countless hours calculating trading income.
Real Time Market is BetterTrades' quoting and trading tool. It provides users with real time quotes on stocks and options allowing users to trade the market through its trading interface. Users can use the tools included with the software to make actual or paper trades on specific stocks and options. BetterTrades provides Real Time Markets as a subscription service that is renewed annually. The company believes that a real time quoting tool is an essential component in making better trades. The BetterTrades coaches often use this software when teaching students how to prepare and execute stock and option trades. Real Time Markets provides value through its design and delivery. It delivers real time quotes, provides real time news feed, earnings reports, and other company fundamentals. It's also a full featured trading platform. It allows users to track their trades and portfolio value through My Track. Real Time Markets allows you to perfect a strategy to make better trades before risking capital. This is done through the fully functional Practice to Profits module. In a rapidly changing market, it can be dangerous to trade without real time information. In order to make better trades one needs to learn to anticipate the next major market move, watch it happen, and then trade it. Real Time Markets gives users the ability to put their finger on the pulse of the market with better information, better charts in the quest for better trades.
BetterTrades believes that making better trades comes from finding trading opportunities that match a trading strategy. Extreme Charts allows users to scan the population of tradable stocks to identify those that will lead to better trades. By scanning the market for those stocks that fit one's trading strategy; it is more likely to find those stocks that could lead to better trades. As an add-on to the Extreme Charts BetterTrades members can buy Scans that have been developed by the BetterTrades coaches. These scans help students to filter stocks in accordance with the strategies taught by the BetterTrades staff.
