Archive for September 2006

Since releasing the Odds Maker beta over 300 Trade-Ideas customers have dowloaded this new add on module, and are taking advantage of seeing how the numbers play out for the strategies they are employing. With our customer base spanning over 50 countries there is hardly a minute of the day where someone is not testing…

The Odds Maker uses about 15 trading days of history to judge your strategy’s ability to produce winning trades. Some feedback received recently questions why 15 days? We also answer why it’s so important to keep winners larger than losers in The Odds Maker results. The Odds Maker keeps you current with the market’s activity…

A list of what’s got our attention today: Trader-X gives his readers 2 nuggets. The first is how to calibrate Trade-Ideas Pro to find stocks that gap from the open. The second is a description of how he uses the results into his trading plan. A huge list of compiled and categorized tools/resources to use…

Today’s article by TickerSense highlights a source of free information at Trade-Ideas to include in your tool arsenal. Here’s what was reported: GS, NCC and SYMC have gone up nine days in a row. In the past three years, this has happened one other time for each of these stocks, and they all went up…

In light of tomorrow’s Fed decision, I am posting links to some of our previous Strategy Sessions that work best when the market is about to absorb key information: The Fed Watcher – uses unusual number of prints to pinpoint key activity The News Watcher – similar to above but more emphasis on volume surges…

A list of what’s got our attention today: Dr. Brett Steenbarger asks, “What if stop losses consistently minimize the profit potential of promising trade setups?” Diagnosis and prescription offered. Ouch. “How to put information behind your trades” – another article from the Doctor that describes extra information he uses beyond the usual charting applications –…

Thank you DTT! downtowntrader reviews The Odds Maker (what’s that?) and provides some great feedback we intend to use as we refine the tool. Downtowntrader and others are evaluating Trade-Ideas with the beta release of The Odds Maker to reveal which of their trading strategies produce the highest odds of winning trades. We thank DTT…

An evaluator’s skepticism about the time frame used by The Odds Maker prompts us to set things straight and show actual trade by trade results from yesterday’s session, September 12, 2006. The Odds Maker uses approximately 3 weeks worth of trading data to evaluate the effectiveness of any strategy. Yesterday on September the 12, 2006…

First there’s an interesting factoid regarding the latest “Friends and Family” release of The Odds Maker to share with you: According to our database The Odds Maker is being run by someone around the world every 5 minutes throughout the day – including before and after market hours. International traders and insominacs unite! How to…