HesaTrade
The book Open app

It will not predict the market.
It will keep you in the game.

HesaTrade scores markets by rules you can recompute yourself, sizes every position from your own risk limit, and measures its own accuracy out loud. No signals sold, no promises made.

No account needed to look around · runs in your browser · nothing to install

Seven independent views, one verdict

Every candidate is judged by seven separate methods, each from a documented school of thought. Each one may abstain when its precondition is missing, and each is weighted by its own measured track record — not by its reputation.

Trend followerTurtle rules, Dennis & Eckhardt
MomentumJegadeesh & Titman, 12 minus 1
Mean reversionStretch from the moving average
Regime filterFaber, the 200-day line
Tail watcherMandelbrot, Taleb
PhysicistHurst exponent, Peters
News readerTetlock, base rate before story

A divided council is a no. When the views disagree, that is not a hard decision — it is no decision at all.

What it actually does

Everything here is arithmetic you could redo on paper. There is no black box, because a box you cannot open is a box you cannot trust.

Risk first

Position size before entry

Stop, target and share count are fixed before you buy. Every position costs the same if it fails — that is the whole point of risking a fixed percentage.

Kelly

The mathematically correct bet, quartered

Optimal size needs a known hit rate. Yours is an estimate, and overestimating it is the fastest route to zero. So a quarter of Kelly, capped again by your risk profile.

Proof

Walk-forward, costs included

The rules run through history with spread and fees deducted, split into two halves. If the second half looks nothing like the first, the rules are worthless — and the app says so.

Physics

Does this series even trend?

Hurst exponent, entropy and fat tails describe the character of a series. Near a Hurst of 0.5 the rules have no ground to stand on, and you are told before you act.

Stress

Three numbers, in euros

All stops trigger cleanly. Price gaps below your stop overnight. The whole market drops ten percent. A stop is an order, not a guarantee.

Words

What the world is suddenly saying

Headlines from eleven sources are archived and compared against their own previous week — which terms spiked, and which words keep appearing together.

Metals

Physical gold and silver

Spot in euro per gram, the gold-silver ratio, distance from the 200-day average, and a premium calculator: with physical metal the dealer premium matters more than timing.

Paper

It trades on paper, by itself

Positions open and close automatically against live prices, with a hard stop on new entries once the account is down fifteen percent. A risk limit does not argue.

Calibration

It grades its own forecasts

Every probability is scored against the outcome. Above a Brier score of 0.25 it is worse than a coin toss, and you will read exactly that sentence.

Six stages before real money

Each stage has a condition the app can check. None of them can be skipped — that is the entire idea.

The book is part of it

Twelve chapters on what is actually documented about markets — position sizing, fat tails, costs, the Kelly fraction, calibration, and the behavioural traps that cost more than any bad forecast. Written in German, about forty minutes, free and without a sign-up.

Chapter 1

Why most people lose

The base rate first: what the research on retail traders actually found, and why most of the damage comes from position size and costs rather than bad picks.

Chapter 8

Kelly, quartered

The mathematically optimal bet size — and why betting twice the correct amount does not double your growth but reduces it to nothing.

Chapter 11

What the successful share

Interviewed traders contradict each other on almost everything. They agree on exactly three points, and none of them is about prediction.

What it costs

The tool and the education are the product. Signals are never sold here — not for money, not for credits, not per download. That is a deliberate line, and the reason for it is in the terms.

Free

Everything that matters

Scanner, council, risk profile, paper trading, walk-forward test, the book, the briefing. No time limit, no card, no ads. If you never pay a cent, the tool still works completely.

Pro — planned

The things that cost me money

Server-side watcher with push alerts, more markets and longer history, news and word analysis, sync across devices, data export. Priced as software, per month, cancellable at any time.

Never

What you will not find here

No affiliate links to brokers, no commission on where you trade, no paid signals, no "premium picks", no performance fee. Every one of those would put my interests against yours.

Read this before anything else.

HesaTrade is an analysis tool, not investment advice, not a recommendation, and not a forecasting service. Nobody can predict prices — no program, no model, no AI. Trading financial instruments can cost you everything you put in, and leveraged products can cost more than that.

Anyone promising you otherwise is selling something. This page is not, which is why it tells you plainly that most people who trade actively end up behind a simple index fund.