Is the Calculator difficult to use? Does it slow me down when
I am placing trades?

Traders are able to use The Calculator in their trading at the speed of light, and actually set up their trades faster than they used to do by hand. Once you get familiar with it, you'll be at that speed too. New things frequently seem complicated at first, but once we get to know them, they become second nature. And the learning curve for these tools is a gentle one.

And then there's the question of errors. In talking with many traders, and our own experience, we've found that the mistakes we all make when we're moving too fast are the ones that really bite us, and end up being very costly.

Our approach is all about helping traders eliminate those mistakes as much as possible. One mistake avoided will more than make up for the cost of the Calculator.

Will using The Calculator keep me from taking losses in my trading?
It uses the term "Loss-recovery strategy".

No, not at all – nothing can keep you from taking losses other than your own experience and luck. Think of a "Loss-recovery strategy" like a sharp Samarai sword. If you know how to use it properly you can do wonders – if you don't, you could cut your leg off. It's all in how you use it. There is no guarantee made or implied in your use of The Calculator or The Trade Log that you will not take a loss. They are simply tools to let you calculate how much you are risking per trade. This in turn makes it easier for you to understand the risk you take and trade responsibly.

Forex is an unpredictable business, and entering and exiting the actual trade, as well as determining correct position size and leverage, is your complete responsibility. Please read this risk warning: Click Here.

Does The Calculator actually place trades for me on my MT4 broker?

No, The Calculator helps you determine where your entries, stops and take profit values should be, but it's always up to you to actually enter the trades on your broker's platform and pull the trigger yourself.

Does the Calculator work with any kind of trading strategy?
Is it specific to one teaching?

There's really nothing specific about any mentor's trading method that is tied in to the Calculator. We have tried to think about all our experiences in our years of trading, and all the styles of trading we have learned and heard about, and made one all-encompassing great tool for about 90% of those styles.

Everyone - regardless of how they trade - benefits from knowing their ideal lot size as they go into a trade, so they do not risk more than a certain amount they can live with if the trades fails, whether they do a cost average or just a single make-it-or-stop trade.

Many people use stop and reverse or cost average, and all of them need to know where their break even point is and what their risk is. Many people feather-in to a trade and need to be able to place multiple positions without ballooning their risk.

And there are methods that we use, and know other people use, such as the open-leg cost average technique, or straddling a trade on either side, that we have included in the calculator pages.

We've been using variations of this Calculator - our early prototypes - for years because risk management has always seemed critical to us, and rarely understood. Think there's a correlation between about 95% of people not understanding what money management is about, and 95% of people failing at Forex? We do.... (-:

Does The Calculator teach me how to trade a cost-average or
stop-and-reverse strategy?

No, you have to know the basics of how to trade yourself. This is not an instructional program. While these strategies may seem to be self-evident, there is an art to them that can make all the difference between success and failure. If you plan to use them, we strongly recommend that you study and train with a professional.

Does The Calculator factor in margin and leverage?

For awhile we were looking into adding a margin warning as well as a drawdown warning. But then, the further we tried to develop it, the more it came to our attention that every broker uses a different set of rules about when they margin your account. You could have 3 brokers all offering 100:1, and one of them would give you a margin call at 90% drawdown, another at 25% drawdown, and another would close you down at 50%.

Compound that with the surprising but true fact that you can ask different people within the same company what their policy is, and get different and conflicting answers. We know from personal experience and with talking to some professional traders who play as close to margin call as they can and NEED to know that level precisely. Our finding: it is extremely challenging to try to get an accurate answer from a broker.

Compound that FURTHER by the fact that some brokers do not even issue a margin call even when your account hits a point at which they say they will. AND some pull you sooner than they say they will.

All in all, it is just too complex an issue for us to include in The Calculator. Instead, we have gone with the straightforward approach of reporting how much drawdown, relative to your stated equity, you risk. If your trading style puts you that close to a potential margin call, you need to try to learn from your broker at what level that will be. You'll be able to translate that information into some specific percent drawdown, and then use the drawdown warning feature of The Calculator from there.

There are actually two different ways that the word leverage is used within the Forex industry, which further compounds the confusion. To read more about leverage in forex, click here. The Calculator takes a different approach and measures direct capital at risk, which is the most precise, and most easy to understand method available.

Since leverage isn't a option in the calculator-, is there any further
calculation needed to accurately assess my risk
based on how much leverage I will be using per trade?

There are two distinctly separate concepts here. Risk and Leverage. Many traders confuse them. Leverage is not risk, and you do yourself a disservice to think of it as such. That is why we make the Calculator solely based on risk, not leverage.

Leverage is an expression of your relationship with your broker, and can be most accurately rephrased like this: "What will my broker charge me to borrow money from them to enter my position?" The answer is along the lines of 1:10, 1: 20, 1: 50, etc. Think of it just like a bank loaning you money to buy a house. Some people are aggressive and look for a bank that tells them they need no money down to finance their home - that's like using 1:100 leverage or higher. Others say they want to pay down 30% or more of their home's value up front and finance the rest - that's like using 1:50 leverage or less. Leverage is all about the loan.

On the other hand, RISK is something that's between you and you. Not you and the broker. You decide how much you are willing to lose per trade, and set that percentile into the Calculator, and we take care of the rest. Using a risk profile like this let's your account grow most quickly and exponentially, while controlling downside dangers. My opinion? (not that you asked for that too Hoon, but here it is anyway) - you're nuts to not use the most leverage a broker will give you - IF you are maintaining your risk as you trade.

Using a super low leverage will NOT prevent you losing your money. The power of retail Forex is the opportunity to use higher leverage than equities allow. If you know what you're doing (Money Management, analysis of trades with the Trade Log and good use of the Tester, etc.) the higher leverage of spot forex becomes one of your strongest advantages. If you don't know what you're doing, even low leverage will not save you.

We go into these topics in a lot more detail and with great graphics, etc. in several of the videos we offer to our Smart Tools customers in the Money Management section of the Video Library, which becomes available to you when you purchase the Tools.

Can The Calculator help me place trades that have separate take profits?

A common trading strategy used is to have three entries per trade with three separate take profits – one entry with a 15 pip take profit, the second with a 20 or 30 pips take profit, and the third you let run for the long term gains or take profit at 50 or 60 pips. Then once the first take profit is reached the stop loss is moved up to point of entry plus 1 or 2 pips of profit. We've used this approach in our trading too, and actually in our backtesting of it we found it to be very effective too, compared with some other exit strategies.

With this strategy, you may have different take profit targets set, but give all those positions the same stop loss. You can use The Calculator to assess your overall risk and manage those trades efficiently and smartly.

The Trade Log will be able to calculate for you that if you go in 1 lot for 20 pips take profit, 1 lot for 40 pips take profit and 1 lot for 60 pips take profit, it's the same as going in 3 lots for a total of 40 pips take profit.

That's an obvious example though. What if you took your first trade out at 1.5 lots for 20 pips take profit, your second lot out for 40 pips take profit and your third 0.5 lots out at 67 pips take profit?

Do you know how many working pips that is – how much 'work power' you got out of that trade? How many pips is that comparable to if you just took your original 3 lots out at the same price? Those are the questions that are of interest to us!

The Trade Log gives us the answer, and shows us we made 35 working pips. Even though your last leg went all the way to 67 pips, you would have done better by taking them all out at the same time for 36 pips. This is the kind of powerful tool we think traders deserve, and this calculation is in the Trade Log. Some traders will realize that changing their exit strategy will net them more profit, while other traders will get confirmation that their exit strategy is just right.

Within The Calculator, we have an interesting tool if you enter your legs at different entry prices too. Have a look at the Open Leg Cost Average Page.

Does the Calculator use the equity based on the most current trade?

In the PRO version of the Calculator, the equity figure is automatically imported from your broker's platform if you use an MT4 broker. As we show in our money management series of trainings, the more frequently you update equity, the better this works for true Adaptive Positioning. The Pro version updates equity for MT4 brokers, and from the Trade Log for other brokers. You can also manually modify equity as you trade. If you use the Forex Tester, it can also automatically update equity on your test runs too.

Are commission costs factored in to my trade plans on the Calculator?

The Calculator does not account for rollover or commission fees, so from time to time the actual break-even point for you might vary by a few pips depending on how long you've been in a particular trade and whether you've had a commission charge applied to your trade while you were holding it. We explain this and how to work with this in our educational videos.

Is it possible to use fractional lot sizes?

Yes, your Calculator will work with exactly the same lot settings that your broker offers to you. The smaller the fraction or part of a lot you can trade, the more advantageous this is for Adaptive Positioning.

Does the Calculator adjust for widening spreads during
volatile conditions?

Yes, the Calculator does - but it does not include every single wiggle of spread. Why? Because the spread on many platforms changes so often that it would make you crazy watching it. We have created our own average of the spread value over the last several seconds. This way it stays pretty true to what your broker is showing. It will not accommodate pre-news or news spikes in spread because that change can happen very quickly and be extremely volatile. The Calculator works very well in normal trading conditions to stay true to what you see.

Do you bring live price feeds into the Calculator for exotic currency
pairs or gold and silver too?

The PRO Version of the Calculator allows you to correctly position size and plan trades for any currency pair that your broker offers. It automatically detects this information for you.

The Standard and Lite versions of the Calculator offer listings for the twenty most-commonly traded currency pairs. Of those twenty, the Currency Rates you see with live prices are dependent on the broker you choose as your DDE feed source. If your DDE source (i.e. the MT4 platform you tie into) doesn't show that currency, we can't show its price either.

At this time, gold and silver are not featured in the Calculator.

I have one broker I use with AUD funds and another with USD funds.
How will the Calculator handle that?

The PRO Version allows you to set up each broker (equity and currency) with a name or number code on the setup page, then just choose that broker from a drop-down menu from any of the Calculator pages.

If you are using the Standard or Lite versions, you have two options: 1) You can manually switch the settings back and forth on the setup page; or
2) When you buy the Calculator, you get two licenses. You can set your desktop version up for the AUD broker and your laptop up for the USD broker.

I have a broker that gives me better spreads than the DDE info
they publish shows. Will this throw off the Calculator?

It's actually the case that the spread is more important to the Calculator than the live prices. Live prices are only used in the Calculator in the following capacities:

1) we error check for you that the price you enter is approximately correct, by checking what you enter against current price - but the tightest we monitor is within 100 pips of current price. This is user-selectable, and extends up to 800 pips for longer-term traders. Or it can be disabled all together. In any event, getting the moment by moment change in live price is not all that critical for that.

2) As a courtesy, we display it in the upper left corner - but it's not used in any of those calculations. It's just visual if you want a quick reference.

3) If you are doing stop and reverse multi-leg trades, you can use a special alert feature we include for alarms. This does rely on live price - but if you do not use multi-leg stop and reverse or cost average trades like this, you won't be using the alert feature anyway.

So - the simple thing is just to disable live – look at the screen shot for the Currency Rates page and notice the box we provide called 'live' take a pair offline. Then you manually enter the approximate live price bid and ask, setting it up with the spread you normally get. That way YOU control the spread value that is used by the Calculator.

We have videos explaining this technique in more detail that we make available to our users.

Are trades entered manually into the Trade Log?

Yes, you enter your trades manually on your own customized input page. You decide what factors are important to you and you design your own Trade Log using our pre-selected options or add your own parameters.

If you own the PRO version of the Trade Log, you can also import your trades directly into the Trade Log, so you don't have to manually enter them one by one.

Right now there are five formats we import:
MT4
FXCM Strategy Trader
FXCM Trading Station II
Forex Tester
Oanda

We have had some customers use a specific platform from which they wish to import and we offer to program our import wizard for them, charging them our straight-up programming cost. This may run approximately $100-$250 per platform. If you are interested in this customization service, you can send us a sample statement and we could bid it for you.

We also now offer a Software Development Kit (SDK) for the Pro version of the Trade Log, so programmers can create their own import wizard for their own brokerage platform.

Can the Trade Log record multiple screenshots and then
print them as PDFs?

Yes, the Trade Log holds as many screenshots for each trade as you would like. And there is a function to export your trade as a PDF that includes all the details you recorded about the trade, as well as half-page pictures of the screenshots you included. The PDF makes it easy to share your trades with friends or mentors, or keep a notebook going too.

Does the Trade Log take screenshots for me?

No, the Log doesn't take screenshots itself. But almost all charting packages now contain that feature within them. If yours does not, we have info for you about free screenshot programs you can use, or you can use a program like Snagit to take them.

You can mark up your screenshots as much as you like. Here's the procedure: however you take your screenshot, you then save it to disc - whether it's on the desktop or in a folder or where ever doesn't matter. You can mark them up either before you take them, or afterwards in another program.

Then, within the Trade Log, as you're inputting the data about that trade, you click the + icon to add that screenshot to the Log. Then a standard dialog comes up and you locate that screenshot you just saved. Then you can toss the image file away, because the Trade Log then stores it with a unique name in a unique folder of its own, so that it can always associate that screenshot with that trade.

Can the Trade Log store video movies too?

Not directly. Because videos can get very large and take up a lot of your disc storage, we recommend that you store them on a cloud server, such as Amazon S3 or Google or use a service such as Screencast to store your videos (they have good software to take them with too). Then you store the URL address of that video you've uploaded to your cloud as a parameter within the Trade Log, so you can easily pull it up from there. The Pro version of the Log has a special parameter type called URL so you can access your cloud movies from within the Log.

Taking your own videos is a wonderful idea. As one of our trading buddies says: "No one will teach you more about trading than you can teach yourself". And to break down each of your trades and talk to yourself about it is very, very fruitful.

Can the Trade Log record several different trading accounts
then consolidate the results?

One of the things that annoyed us was trying to compile the statements from multiple brokerage houses at the end of our tax year. It is painful beyond belief, isn't it!?! Particularly because each broker has its own style of reporting. We've had complicated tax years trying to deal with up to five different brokers.

So we have created a solution in The Trade Log, the companion piece to The Calculator. At the end of any period - day, week, month or year, you can run a summary report and view all your accounts combined together, so you can get a picture of how your overall trading is going. You can generate one standard style of report, even if you run each broker separately, so that at tax time you and your accountant do not need to spend time figuring each format out separately.

All your recording and computations are done in your native currency, which you choose at the beginning on the setup page. We have made it customizable for taxes, as well as strategies and other things you may want to track. We have a few tax considerations that we know about that we have pre-programmed in already, such as the 1256 for U.S. citizens. Otherwise, there will be blank lines where you can set up your own tax code names and the program will ask if you want to use them as you enter your trades.

How many different currency pairs does the Trade Log handle?

There is no limit to the number of currency pairs you can use with the Trade Log. We build in the major twenty pair commonly traded, and then we also provide you with a settings menu by which you can add any other pair that you may also be following, including gold and silver.

Will the Trade Log record trades taken from an EA?

The PRO Version of the Forex Smart Tools is designed to automatically import your trades from your account history (for certain brokers). You will be able to select which accounts or sub-accounts you want to select, so if you have other trades going, and do not want to import your EA trades, that would be easy to select by simply choosing which accounts to import or not import. If you do not own the PRO Version, you will need to manually enter your trades from your EA into The Trade Log.

Can commission costs be factored in?

Yes, the Trade Log lets you record commissions and swap/roll-over rates. In the Trade Log, we recommend that you reconcile to exactly the values your broker uses. You separately input gross profit or loss, commission or fee, and swap rates.

Is it possible to use fractional lot sizes?

Yes, the Trade Log works with the same increment of lot sizes or unit sizes that your broker uses. You can also use fractional pip values for those brokers that report prices to 3 or 5 digits.

Does the Trade Log show floating profit / loss?

The Trade Log does not automatically maintain floating profit / loss, because it does not directly communicate with a live price feed. We wanted to make it as uncomplicated as we could, and that would be the only situation within the function of the Log that would require an ongoing live feed, so we decided not to go that route.

That being said, it is easy to do a quick tally of net profit or loss by simply putting in the approximate prices you see right now in your charts as the exit price for each open trade. This is always easy to modify as the trade progresses, and can be input without putting in a closing time. Then the analysis page can quickly show you the net sum of all your open trades - that's a feature we do have built-in.

Does the Trade Log keep track of change of equity with every
broker and the sum of all of them? I have many I use at once.

Each broker is treated like an account - with as much precision as you'd keep a checkbook in Quicken or an accounting program. So every trade you place is tracked in the overall equity change of the associate broker account. And of course, if you have other incoming or outgoing journal entries with your broker there's a place to add those in too, such as depositing more funds, pulling out a salary, noting adjustments you get from your broker, etc. The Trade Log is meant to serve you not only to analyze trades, but also to make tax time reporting at year's end much easier, so we're all about making precision easy for you to input and maintain. And yes, the sum of all brokerage accounts is always available for any time period you may wish to see, through both the summary and analysis pages.

How does the software help me with managing trades with three
brokers, demo and live (6 accounts total)?

You can have any number of brokers' accounts going in the Trade Log. At any time, you can easily select any one of them to view the result of trades within just that one broker, or net them together to see the overall result. The great thing is that you can also look at any one parameter across all brokers' platforms too. Let's say you have a particular strategy you want to evaluate, and you've placed trades using that strategy - among others - in several accounts. It's hard to know just how that one strategy is doing then, isn't it? - because your results are spread out. But the Trade Log lets you isolate just one strategy, regardless of what platform you entered the trade on, and look just at how well it performs for you. Also, no problem about the accounts being live, demo, or even test accounts you set up on the Forex Tester simulator. You can mix them in too, or isolate any of them.

What are the system requirements?

Both programs will run on Windows XP, Vista and Windows 7.

The Calculator and the TradeLog use an embedded web browser for the user interface. By default Windows XP ships with IE6, which has limited functionality as a stand-alone browser and when embedded in applications. So if you have never upgraded beyond IE6, you will need to do so (IE upgrade). By upgrading to a more recent version of Internet Explorer the additional functionality needed for the Calculator and TradeLog will be available. Vista and Windows 7 have more functional browsers already installed by default. This does not mean you need to make IE your default browser. When you install the IE upgrade and it asks if you want to make it your default browser, just say No and then close it forever.

We recommend you use FireFox or Chrome as your default browsers, but it's up to you.

Is this software Mac-compatible?

It breaks our hearts to say this, because we are totally Mac people, but no - it does not run on the Mac OS. Of course though, if you use Boot Camp or one of the emulation programs like Parallels or VMWare, you'll have no problem running our software. You'll need to run Windows in any event, because The Calculator operates best when using an MT4 connection for live feeds, a recommended optional feature.

Does The Calculator and Trade Log use much processor power
or take up much size on my computer?

No, the programs do not use up much processor power. They are very clean and lean programs. We've even written our own DDE interface to minimize processor load in retrieving live price data. The hard drive storage required for the database file for the Trade Log can grow over time, if you choose to include many screenshots with your trades.

Do I need to use a Metatrader MT4 broker with your programs?

No, not at all. You may use any broker you like, and we have structured the Calculator and Trade Log to work with any setup - any kind of lot sizes - any kind of display of candles. If you use a non-MT4 broker, you may wish to open up a free demo version of MT4 on the side, because that is what we use to pull our live price feeds into the Calculator. But actually the use of the Calculator is not strictly tied into using live prices on an ongoing basis, once the initial currency pairs are first established. We'll show you more about that in our tutorial videos once you get started with us.

Does the software work with MT5?

Our software does not directly work with MT5 right now. We started work towards that a bit ago, but then started using MT5 in our own trading, and hated the platform so much we thought 'why would anyone want to use this now?!' LOL.

Our Trade Log is not platform specific, so it doesn't matter what platform you use, though if you do use MT4 then you have the option to do automatic trade importing. The Calculator can work independent of any live feeds - you simply manually input approximate prices and your spread - they actually don't need to change that often for the needs of the Calculator. If you do want live feeds, we are set to use the DDE interface that MT4 provides.

Rudely enough, MT5 does not have that automatic DDE option. But we have heard that there are EAs that you can run to export DDE, so using a third party EA is an option.

If the MT5 platform becomes more strongly supported, we will of course create a bridge for it. But not now, while it is still rather experimental.

When you say that the software is locked to a computer,
what do you mean?

The license is tied to the computer hardware and file system. If you have to do a clean re-install of your same operating system, your same license would still work when you re-install the system. If you no longer have that license information, then we would re-issue your license to you without charge, since it's the same license. If you need a new license, we disable the original license number and start fresh with a new license for you.

I run my Windows on a VPN - will the Calculator and Trade Log
work on a Virtual Private Network?

Our applications are designed as single-user desktop applications, not as client-server applications. They were not designed to run on a server, and are licensed on a per-computer basis. Our recommendation is to install and run it directly on your laptop. There is a chance it might work on a VPN, but it may not, and we cannot guarantee nor support this option.

Can the programs run on a 64 bit machine?

Yes - we haven't seen a problem with 64 bit machines at all.

Do both applications work with my broker – Oanda
(or other brokers who use units instead of lots)?

We have a live account with Oanda ourselves, and have for many years. One of the things we appreciate about their platform is how they use UNITS for their lot sizes. 100,000 units = 1 standard lot; 10,000 = 1 mini lot; 1,000 = 1 micro lot. When a trader strives to put the power of Adaptive Positioning to work for them, the finer or more precisely they can express their position size, the more benefit they get from this approach. As far as we know, Oanda is the only broker that lets you divide even the increment of a micro lot into 1000 parts. This is great. Knowing about how Oanda works, we have designed the Calculator from the ground up to be able to work well with it.

When you use the Calculator with Oanda, there are only TWO things that you would have to set that are different from an MT4 platform. See the screen shot below. Oanda displays their candles as the average of the bid and ask prices, so the setting for My Charts Show = average; and with Oanda the setting for My Orders Use = units. Everything else is the same. And you can see, they are both simple drop-down menus to use.

The Trade Log is automatically set up to work with many brokers already - you will not need to make any changes to settings.

You will need to set up an MT4 demo platform on the side though, even if your broker is Oanda, so that you can have live price feeds delivered to your Calculator, if you choose to do that.

We now offer direct importing of Oanda statements into the Trade Log for Pro owners. For maintaining the Calculator equity, we do have the link between the Calculator and the Trade Log, so if you input your trades into the Log, the updated equity can be fed directly into the Calculator, so you can position size with great accuracy.

How do I set up The Calculator and Trade Log on two computers?

We automatically issue you two licenses for Standard and Pro versions at the time of purchase - please see the BUY page for our policy and prices. (Purchasers on the Lease Installment plan receive one license until their plan has been completed).

You can use the Calculator at the same time on both computers without problem.

You can also use the Trade Log at the same time on two computers - but we do not offer a way to automatically synchronize the data between Trade Logs running on different computers - so be cautious about doing so. If you are traveling for awhile and want to take your Trade Log with you, you can export your data from your desktop version, then import it into your laptop version and work on it there. Then reverse the process when you get home.

Is there a way to back up information? Files can get corrupted or fail...

Information backup: The information that the Calculator uses is actually not the kind that has lingering value. You're in a trade, you're out of a trade and onto the next trade. All that information is pretty transitory. So no backup is really needed. One great feature we've included though is that all your residual settings - even specific trade entry and exit values - are preserved during any software updates to the Calculator.

The Trade Log, on the other hand, certainly does need regular backup. We offer an EXPORT DATA feature so you can easily archive all your information with one click. Of course, it will be up to each user to do this archive, and to be smart enough to keep a copy of their archive somewhere other than on their hard drive.
It's important that you are also safeguarding that backup data file too.

The best and most comprehensive backup solution we recommend is online backup using the service BACKBLAZE. It is inexpensive, really-easy to use, and thorough. We're using it now on our trading PC and on two Macs we have in the office, and love it. We never have to think about backing up - it's happening automatically. We were set up with it in about 2 minutes. Super easy.

Is there a free trial period?

No, but we have a new lease plan that allows you to try the Smart Tools for a $25 per month lease fee (82¢ a day). See Lease for more info.

Is there a money-back guarantee?

Sorry, once it's on your computer, it's not like you can give it back to us. And if you're a serious Forex trader... you won't want to.

What about updates - will I have to pay for them if there are any?

No, all regular updates to your version number will be included without additional charge. There is a upgrade fee if you choose to move from LITE to STANDARD or PRO, or STANDARD to PRO.

I see you use PayPal for checkout. I'm not sure if PayPal will work
for me.

Secure payment can be made with credit card from most countries, or by Paypal account. For a list of which countries are accepted by PayPal, please click here: Countries. If PayPal does not work for you, please contact us, and we will make alternative arrangements for you. You may call us (by phone or Skype) and we can take a Mastercard, Visa or Discovery card directly from you. We can also send you information to have funds wired directly to us from your bank.

My computer is getting kind of old. When I buy a new computer what
will a new license cost me?

If you switch computers all together, you do not need to buy a new license. Contact us and we will disable your first license and issue you a new license, without additional charge.

When you say that the software is locked to a computer,
what do you mean?

The license is tied to the computer hardware and file system. If you have to do a clean re-install of your same operating system, your original license will still work when you re-install the system. If you no longer have that license information, then we will re-issue your license to you without charge, since it's the same license. If you need a new license, we will disable the original license number and start fresh with a new license for you, also for no additional charge.

I run a trading firm and need a third license. What is the cost?

If you need a license for three or more computers, we offer additional licenses for $149 each (standard version). However, they also must be issued to the same owner and the same email address.

Do you (the developers of the Forex Trade Logs tools) trade
the Forex live?

Yes, we absolutely trade live. That's where all the inspiration for these tools comes from - we saw what our own needs were and couldn't find tools that met our high standards, so with our techno geek knowledge, we made our own. We have also been in several trade rooms over the years and seen where our fellow traders had problems that made them lose money. We have built in every conceivable advantage we could to help all of us traders avoid these mistakes.