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RankMyTrade.com Trading ​

RankMyTrade.com Trading provides a detailed overview of the trading features available on the platform. The platform supports both paper trading and live trading to accommodate different user needs.

Paper Trading ​

RankMyTrade.com offers a local paper trading feature, allowing users to simulate trades with virtual funds. This feature enables users to test and refine their trading strategies without financial risk.

  • Simulated Trading: Conduct trades in a risk-free environment using virtual funds.
  • Strategy Testing: Implement and test trading strategies in real-time.
  • Performance Evaluation: Analyze the performance of strategies before deploying them in live markets.

Live Trading ​

For actual market trading, RankMyTrade.com integrates with brokers such as Schwab’s thinkorswim and Alpaca Markets.

  • Broker Integration: Execute trades directly through linked accounts with Schwab’s thinkorswim or Alpaca Markets.
  • Real-Time Execution: Conduct trades with precision using advanced trading management tools.
  • Automated Trading: Enable automated execution of strategies in live accounts.
  • Customizable Order Types: Users can select from various order types, including market orders, limit orders, and stop orders, to execute trades with precision.

Trading Platform ​

The trading platform supports both paper and live trading, providing essential tools for effective trading. Integrate your account with your broker and use RankMyTrade.com exclusive trimming and trailing features.

Portfolios and Integrations ​

The platform supports portfolio management through both simulated (Local Portfolio) and real trading accounts. Integration with brokerage firms like TD Ameritrade and Alpaca Markets allows for balance tracking and order routing.

Order Settings ​

Order settings can be customized to align with individual trading styles and risk tolerances. Options include different order flows, types, and time in force settings.

Risk Management ​

Comprehensive risk management strategies can be implemented to protect investments and minimize losses.

  • Automated Risk Management and Portfolio Profitability: Automated tools allow for the definition of risk-reward ratios, position sizing rules, and maximum exposure limits to manage risk and maximize profitability.
  • Strategy and Portfolio Position Sizing: Effective position sizing techniques are provided, including fixed and dynamic methods. Users can set maximum exposure and risk limits.

Tracking & Analytics ​

RankMyTrade.com provides detailed analytics to track trading performance. Users can monitor key metrics such as returns, drawdowns, and win rates to identify areas for improvement. Customizable dashboards enable users to focus on specific metrics relevant to technical analysis, portfolio management, or risk assessment. Actionable insights are derived from data, driving informed decision-making and strategy refinement.

RankMyTrade.com offers a robust suite of trading features tailored to meet the diverse needs of investors. Whether users prefer paper trading to test strategies in a risk-free environment or live trading for real-market execution, our platform provides the necessary tools for success. With customizable order types, comprehensive risk management options, and seamless integration with leading brokers, users can execute trades with precision and confidence. Additionally, our reporting and analytics capabilities empower users to track performance metrics, identify trends, and make data-driven decisions to optimize their trading strategies.