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PlaTneTrade.com offers an online swing trading system. Daily stock picks are added to the watchlist and a real-time portfolio sends instant e-mail alerts on every trade signal.

The trading strategy is based on Elliott Wave Theory and technical analysis. Advanced charting software screens for candidate stocks every day, and every charts is checked visually to confirm the patterns. Multiple timeframes and propietary indicators are used to find low risk, high reward setups. The system produces short term swing trade signals, long and short. Usually, the trades take between 1 and 5 days to complete.

We look for potential patterns within waves 3 and 5 of impulsive waves, the two longest, strongest moves. A breakout (or breakdown) at confirmation levels (1 or 4) of a high beta stock would be followed by an explosive move. Then, within a short timeframe we would expect the stock to reach the target price level. In the case of a wave 3 trade, risk is defined by the price distance from 2 to 1, and reward from entry level to 3. Most often than not, we take profits before reaching target prices. Bellow (1. Breakout) is an example on how we determine the entry point and risk:reward ratio.

We restrict the screening process to high beta stocks, but we stick to the plan and keep the losses small and let the winners run. A a result, we get setups with explosive profits which produce consistent results, in all market conditions.

As you might already know, trading is about fear and greed. Fear and greed are very hard to control, and it takes a lot of experience to even identify those feelings. The best way we found to deal with this problem is to have a strategy and to implement it as planned. The first thing you need is a proven trading system. A system that will provide consistent results, so you can protect yoour capital whila you learn your way into more advanced systems. Once you find the right system you need to figure out the risk and potential gains for every trade you'll take. Then you need to establish your entry, target and exit point. Then you need to think about money management an d position size. And finaly, once you enter the trade,you need to manage your positions.
PlanTheTrade.com does all that for you. You can learn trading while you make money. Capital preservation is paramount, you need a trading system to protect your money and PlaTheTrade.com can help you with that.
The idea behind the service is to simplify a complex process by laying out all the information in a very user friendly, simple and well orginized interface, where all the data needed to make informed decisions is easy to find. An automated real-time portfolio can be used as a guide as to when to enter a trade, make adjustments to an open position, or exit a trade. Sign up for a three week trial period to test our system.