Paddypowertrader have launched a new trading tool to develop and promote better technical analysis signal use in online trading.
The long summer could become a more profitable one for traders this year as paddypowertrader launches a new free to all trading signal tool.
As the temperature soars outside, plenty of online spread bettors will be trying out Trading Edge, recently launched on the Irish firm’s website.
Trade Edge is a financial markets screening product providing straightforward trading signals for paddypowertrader most popular spread betting markets.
These trading signals are buy and sell trade ideas based on past price movements.
Trading Edge trawls through thousands of markets and their prices to find some of the best signals out there. This saves the trader countless hours searching through individual charts looking for trading opportunities.
Free Trading Tool
It is also free to use and you don’t have to be a client to benefit from the signals software.
There is a list of ten trading signals updated everyday. Each signal will be either bullish, a possible buy opportunity, or bearish, a possible sell opportunity. For more novice traders there are online videos explaining the tools on the website too.
“We are always trying to develop our customer user experience and to add more interesting tools and content to our online offering. Part of this is developing unique tools using leading technology. We are keen to develop better trading habits among our clientele and this is one way of doing that.” said Davin McAnaney of paddypowertrader.
“Researching and informing yourself on the market conditions through blogging, tweeting or online tutorials seems to be among the most popular ways of growing profits in financial spread betting. This drive towards more education has helped us to develop tools.
“We offer Trading Edge on our website free to all users, we are keen to help clients and those interested in financial spread betting,” McAnaney continued.
Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
Article provided / approved by paddypowertrader which is a trading name of London Capital Group Ltd which is authorised and regulated by the Financial Services Authority (FSA), FSA Register number 182110.
'Trading Edge - Technical Analysis Tool' by paddypowertrader, updated 07-Jul-09
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Risk Warning: Spread betting carries a high level of risk to your capital and you may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
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