Fidelity released a new tool inside their Fidelity Active Trader Pro platform this week, Trade Armor, which is focused on risk management. Trade Armor is designed to help investors visually integrate their strategies into the Fidelity Active Trader Pro platform, in turn quickly and easily identifying entry and exit points.
Traders know that acting on trading opportunities right when they present themselves is a key to success. Else, locking in a nice winner can turn into a break even trade, or worse a small loss can spiral deep into the red.
Current Fidelity clients can try out Trade Armor by simply logging into Active Trader Pro and navigating to the new tool (access to Active Trader Pro requires at least 36 or more qualified trades in a rolling 12-month period).
See the image below for a quick illustrative look at the new tool.