Posts Tagged ‘OddsMaker’
Knowing the Market’s Mood is Better than Guessing What Comes Next
Figuring out exactly what the market will do at the very next moment is tough to do. Understanding what mood the market is in, however, proves to be not only easier, but eventually leads to better accuracy about what comes next. The beauty of Trade-Ideas’ tools is that you get to ask and answer your…
Read MoreHow the Rubberband Man Improved Automated Trading
Market Orders?! Automated trading functionality introduced by Trade-Ideas only had market orders for initiating and covering positions. Market orders?! The first version of the software was more proof of concept than anything else. That’s why the ones using it were kept to a bare minimum. Much is about to change. After analyzing trader feedback and…
Read MoreTrade More Profitably: 9 Effective (and Slightly Badass) Ways to Just Do It
Whoa! We’re alive! It seems the booze and turkey from Thanksgiving knocked the lights out on the blog for a bit. We’re back and in a market that still acts like the other shoe is going to fall. In fact with a Bloomberg/Los Angeles Times survey now saying Americans are expecting a recession within a…
Read MoreOptionsXpress Pilot Underway!
The OptionsXpress Automated Trading Pilot program is now officially underway. It is very easy to get started. You just need an account with OptionsXpress and a subscription to Trade-Ideas.Click (Here) to download the latest version of the OptionsXpress Robot. Please make sure that your OptionsXpress account is permissioned for XML API trading, otherwise you will…
Read MoreAutomation, OddsMaker, and Expectations: Lessons Learned so Far
We are not only software makers, we are our own Guinea pigs (kinda like those hairclub companies). Fully automated trading recently arrived to the suite of Trade-Ideas tools. We do this by first implementing a strategy created and backtested via The OddsMaker. Then we execute the strategy rolling forward via an API (Application Programming Interface)…
Read MorePoker Odds and Professional Trading
There is no doubt in my mind that the skills to succeed in poker are the same skills to succeed in trading. Unfortunately most people approach trading differently and in a way that opens them up to losses and eventual failure. Is your hand worth playing? In poker understanding the odds of your hand determines…
Read MoreI Bet My Personal Trading Volatility Is Higher Than Yours
Volatility says in a sense, that what moves up also moves down. Here’s how we define it technically as it applies to our real-time statistical analysis: Definition of technical volatility A resourceful trader knows his/her prey and can identify a stock’s natural volatility so that a natural wiggle doesn’t automatically hit a stop order (See…
Read More14 Questions and 1 Invite for Automated Trading
More on the Automated Trading Pilot with OptionsXpressTrade-Ideas and OptionsXpress now offer fully automated equities trading to OptionsXpress customers. This offering is part of a pilot program that features the availability of a suite of tools at no cost to participants for the 3-month pilot. Please note: a subscription to Trade-Ideas PRO paid by participants…
Read MoreUse the Latest Trade-Ideas Automated Trading Tools for Free – Deep Dish Style
I just came back from Chicago with some good news for everyone. First if haven’t experienced Chicago in the summer, the good news is you’re guaranteed a fun, good time – no matter who’s paying the bar tab. Second as I mentioned in an earlier post, we are moving forward with optionsXpress to build an…
Read MoreAutomation Does Not Equal Profitability – Pt. 2
Here’s the second part of a 2-part post on the questions we are answering about the upcoming option to automate the strategies developed in Trade-Ideas PRO and backtested with position management rules in The Odds Maker. Yesterday’s answers are here. Why this matters By sharing these questions and answers with you, dear reader, you are…
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