NOverTrade
1 rating
)Overview
Managing Emotions and Risk in Trading
As a trader, how many times have you suffered a down day, then traded again to get your losses back, only to lose more? How many times have you been up on the day, but wanted more, then lost all your gains after entering another trade? How much money have you lost blowing accounts or failing prop firm funded account challenges? Think about the money you would've saved if you would've stopped trading: is it hundreds, thousands, or maybe more? You're not alone if you've ever thought to yourself: "I should've just walked away". Managing emotions is the hardest thing to do in trading and trading platforms are specifically designed to make you lose control of your impulses That's why we developed NOverTrade (patent pending). NOverTrade was created to help traders stay disciplined and manage risk. We believe that every traders' greatest edge is mastering ego and emotions, so we designed a tool to prevent self-destructive instincts from getting in the way of success. NOverTrade is a browser extension that helps traders avoid emotionally over-trading. Install the extension and set a PnL threshold (ex: -$100 or $200). Once the threshold is breached, our app will block the trading site for 14 hours, preventing additional risky and impulsive trades. The concept is simple, but powerful. Trade with confidence knowing that NOverTrade is here to systematically help manage your emotions. NOverTrade: Trade Disciplined. *IMPORTANT NOTES* - This does NOT replace the need for stop loss and take profit orders. There is no direct integration with trading platforms. If you don't set those orders and your threshold is breached, the site will be blocked and your trade will remain open - Contact support at info@novertrade.com - We are NOT affiliated with any brokers or trading platforms. The extension is a SEPARATE THIRD-PARTY TOOL NOT AFFILIATED WITH NOR ENDORSED BY any brokers or trading platforms. See full Terms of Use below The extension is a SEPARATE THIRD-PARTY TOOL NOT AFFILIATED WITH NOR ENDORSED BY TradingView. No user data from TradingView is collected or stored by this extension. Our goal is to support your trading discipline, but it's important to understand the scope and limitations of our product. Acknowledgment and Acceptance of Terms By installing and using, you acknowledge that you have read, understood, and agree to be bound by the terms of this User Agreement. If you do not agree with these terms, you should not use this product Scope of Service NOverTrade provides a feature to set a PnL threshold for the TradingView website. If your PnL meets or exceeds this threshold, access to TradingView will be blocked for a 14 hours time period to help manage trading activity. Limitation of Liability This is not a financial tool, has no integration with TradingView directly, and does not replace the need for comprehensive risk management strategies, such as stop-loss orders. The extension is designed to serve as a safety net for managing trading discipline only. Users voluntarily choose to install and set their own blocking parameters. The extension does not modify, interfere with or reverse engineer TradingView's platform No Guarantee of Financial Performance You acknowledge that NOverTrade does not guarantee any improvement in your trading performance or prevention of financial losses. Trading involves significant risk, and it is possible to lose more than your initial investment. Your Responsibility It is your responsibility to set appropriate PnL thresholds and to employ additional risk management strategies like stop loss orders. NOverTrade shall not be liable for any financial losses, missed trading opportunities, or any other damages resulting from the use of this extension. Indemnification You agree to indemnify and hold harmless NOverTrade and its developers from any claims, damages, or losses resulting from your use of the extension. Amendment of Terms We reserve the right to amend these terms at any time. Your continued use of this product after any changes indicates your acceptance of the new terms. Governing Law This agreement shall be governed by the laws of the USA, without regard to its conflict of law provisions.
5 out of 51 rating
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KettlebellsAndCandlesticksOct 12, 2024
Made this for me because I struggle with managing my emotions while trading. If even one other person finds value in this tool, I'd consider this a huge success I'll be documenting the next phase of my trading journey on my YouTube starting next week, newly armed with this extension.
Details
- Version1.6.4
- UpdatedOctober 27, 2024
- FeaturesOffers in-app purchases
- Offered bynovertradellc
- Size825KiB
- LanguagesEnglish (United States)
- DeveloperNOverTrade, LLC
6650 Rivers Ave Ste 105 PMB 268827 North Charleston, SC 29406-4829 USEmail
novertradellc@gmail.com - Non-traderThis developer has not identified itself as a trader. For consumers in the European Union, please note that consumer rights do not apply to contracts between you and this developer.
Privacy
NOverTrade has disclosed the following information regarding the collection and usage of your data. More detailed information can be found in the developer's privacy policy.
NOverTrade handles the following:
This developer declares that your data is
- Not being sold to third parties, outside of the approved use cases
- Not being used or transferred for purposes that are unrelated to the item's core functionality
- Not being used or transferred to determine creditworthiness or for lending purposes