PlentyTrade aims to help private investors make better investment decisions by using computer-based strategies, so-called ‘expert advisors’.
Human actions are often influenced by fear, greed and arrogance, leading to irrational decisions when dealing with money on the stock market. Therefore, it was our goal to develop a platform that offers only proven and comprehensible strategies that will eliminate most of the mistakes often made in terms of money management in trading. In addition, two important questions often asked by traders will be answered: when to enter a market and when to close one’s positions again
Since the psychological aspect in trading cannot be disregarded, we decided to go as far as analyzing the strategies in a historical context. Only when we can prove that the strategies presented have been successful in the past, will they be offered on the platform and continually observed. This helps to understand the current results in a larger context and, in turn, creates not only confidence but also eliminates several psychological traps.
Trading is a game with probabilities.
Using automated trading, you are able to perform and monitor several strategies at the same time.
Just as banks and large asset managers divide their capital into many assets to minimize their risk, you should also set up your trading. This means:
PlentyTrade focuses on the essentials. Complex calculations and adaptations of position variables, which are difficult to understand, are a thing of the past. There is only one thing in trading that is important: What is the relationship between profit and risk? In order to help you evaluate the Expert Advisors, we have integrated a simple and effective tool into the platform. This allows you to control your portfolio at any time and to verify whether your investment goals match your personal risk.