With swing traders looking to capitalise on price movements within days to weeks, identifying midterm trends shielded with thorough risk management tools is key. Here we look at five platform features on SaxoTraderGO
that can give your swing trading the edge you’re looking for.
SaxoTraderGO: the swing trader’s choice
Fast, reliable and available across multiple devices, SaxoTraderGO offers access to more than 40,000 instruments across all our products and asset classes. It boasts a wide range of professional tools and features, which can enhance your order execution and market analysis, and help you take your swing trading to the next level. Here are our top five:
1. Trade Signals
Technical analysis is key for swing traders to identify short-term trends. With Trade Signals you are able to automatically spot emerging and completed patterns across hundreds of instruments.
2. Stop-loss orders and account value shield
Along with traditional stop-loss orders, which you can place on individual positions, you can also place a stop-loss on your entire account value. If triggered, it will close all your open positions and cancel all your orders, helping you to stay in control of potential losses.
3. Integrated chart trading
With trade tickets fully integrated in the charts you can conveniently open and close positions directly from your chart analysis.
4. Margin breakdown
The margin breakdown enables you to monitor the margin utilisation for each instrument in your portfolio, making it easier for you to manage your available margin and avoid a potential margin call.
5. Personalised charts as defaults
Customise your charts based on your individual trading strategy, and take advantage of more than 50 technical indicators and drawing tools.
Click below to explore these features in our free demo