Plan the trade. Let it swing.
Dekata is a place to trade multi-day moves. Pick a setup, size the position by what you are willing to lose, set your stop and target, then check back when the market has done its thing.
Practice account with $25,000 of play money. Prices are simulated examples.
Pullback in an uptrend
Three steps per trade
Find a setup
Scan the market list for stocks pulling back inside an uptrend or pressing against recent highs.
Plan the exit first
Choose a stop and a target before you buy. Dekata sizes the position so a stop-out costs the percent of your account you picked.
Review the result
Every closed trade is logged with its profit or loss and its R multiple, so you can see what is working.
Real-money trading is on the roadmap
Live orders will run through a licensed broker you connect. Until then, practice here with the same tools.
Order ticket
One position per stockOpen positions
Recent closed trades
Open the journal for notes and stats on every trade.
How many shares fit your risk?
Decide what a stop-out may cost, then let the math pick the share count. Put the stop below entry for a long trade or above entry for a short. Starting values are an example.
Short lessons, no jargon
What is swing trading?
Swing traders hold a stock for a few days to a few weeks, aiming to capture one move up inside a larger trend. It sits between day trading, where positions close the same day, and long-term investing.
Why size by risk instead of by dollars?
If every trade risks the same small share of your account, one loss never decides your month. Shares equal the dollars you accept losing divided by the distance between entry and stop.
What is an R multiple?
R is your planned loss on a trade. A trade that makes twice what you risked is +2R, and a stop-out is about -1R. Tracking R lets you compare trades of different sizes.
What does selling short mean?
Shorting means borrowing shares, selling them now, and buying them back later. You profit if the price falls and lose if it rises. Because a price can keep rising, a short can lose more than you put in, so a stop matters even more.
Where should a stop go?
Place it where the trade idea is proven wrong, such as just under the recent pullback low, then size the position to fit that distance. Moving a stop wider after entry changes your risk, so decide first.
What should I review after a trade?
Look at whether you followed the plan, what R you got, and how long you held. A small journal of those three answers shows patterns faster than gut feeling.
Education only. Trading involves risk of loss, and nothing on this site is financial advice.
What happened, and why
Every trade you place lands here. Add a note while it is open and again after it closes. Notes save in this browser.
Start free. Grow when you are ready.
Plans and prices below are placeholders for review. Features marked planned are not built yet.
Practice
- $25,000 paper account
- Long and short trades
- Trade journal with notes
- Risk calculator and lessons
Trader
- Everything in Practice
- Several paper accounts (planned)
- Price alerts (planned)
- Journal stats by setup (planned)
Pro
- Everything in Trader
- Live trading through a connected broker (planned)
- Strategy backtests (planned)
- Priority support