PipStop

It seems everyday I come across a great trading solution. By solution I mean, any course, strategy, system, tool, etc.

I'm always reaching out to broaden my network. I guess maybe one day I might be known as one of the hardest working guys in the trading industry - or perhaps not, but it's a lot of fun coming across great solutions, and more often than naught - great people behind those solutions.

Recently I met Ingvar Grimsmo who has created a fantastic application called Forex Trade Analyst. Directly from the website "...FTA is designed to give you an easy, concise view of your overall trading potential. (FTA) helps you view your past trading records efficiently and gives you tools to analyze them for an improved strategy in your future trading."

Not only that but if you have an FXCM account, FTA will allow you to upload account data to the program so you don't have to manually input any information.

The plan is to allow the program to automatically extract trade information directly from FXCM. With the potential that this has, compatibility with other trade platforms is sure to follow.

Best of all? You can dump the spreadsheets and notepads that you jot down your trades in hoping that you can somehow make some sense of what you have been trying to keep track of.

Go and download the demo of FTA and see what I'm talking about.