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For Microsoft Outlook (2007 recommended, 2003 minimum). Documenting your trades is the single best method for improving your performance, yet amazingly few people do it. If you want to lose weight, you have to stand on a scale, and if you want to improve your trading performance you must keep a diary. Writing about our trades can feel time-consuming and even embarrassing. AK47 will help you take much of the dread and drudgery out of the record-keeping process. It will also help you allocate capital to trades and manage risk. With regular use, AK47 will help you improve your trading skills. It will help you learn which trades offer better reward-to-risk ratios. AK47 version 2.0 is a major step forward in record-keeping for serious traders. In addition to all the features of version 1 – a record-keeping album, trade classification, risk management with alerts, it adds revolutionary new features: * Tracking your equity curve * Tracking account statistics * Built in decision-making tree, with user-defined checklists * Improved installation, including separate copies for multiple accounts and enhanced printing Consistently documenting your trades will help you uncover your mistakes and correct them. We have designed AK47 like a weapon: simple, reliable, and deadly to the enemy (the greatest of which are sloth and inertia). Perhaps you will even find it fun to use! AK47 will work for any stock market in any country. It is not designed for options or forex, but if that is what you trade, we can suggest several workarounds to accommodate those markets.
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Special - save $69 on the combination : Elder-disk for TC2005/2007, v 2.01 and Elder-disk for StockFinder, v 1.1 See description of each software.
This CD will pack your StockFinder with a host of power tools, most of them derived from Come Into My Trading Room. The menu includes AutoEnvelope, the Chandelier Stop, Elder-ray, Force Index, the Impulse system, MACD Lines & Histogram with a crossover forecast, Market Thermometer, SafeZone stops, and Smooth Rate of Change. You also receive our templates for weekly and daily charts, as well as Impulse Release. Scanning layouts are also included.
This product is an add-on and requires the latest version of TeleChart. Our latest upgraded version of this popular software makes your installation a snap! The software includes MACD-Histogram, Force Index, and Triple Screen indicators. The latest upgrade adds Elder-ray to this line-up as well as Envelopes and implements the SafeZone system for placing stops. A custom PCF allows scans to find stocks whose Weekly MACD-Histogram is rising or falling, as well as a scan for ‘Fallen Angels’ – former high-flyers that have crashed but are starting to recover and are ready for a new rally.
This CD will pack your eSignal with a host of power tools,most of them derived from Come Into My Trading Room. The menu includes AutoEnvelope, the Chandelier Stop, Elder-ray, Force Index, the Impulse system, MACD Lines & Histogram, with a crossover forecast, Market Thermometer, SafeZone stops, and Smooth Rate of Change. You also receive our templates for weekly and daily charts, as well as Impulse Release. To use it, you must have eSignal version 8.0 or later, which includes the advanced charting option ( all packages except eSignal Basic).
This software requires TradeStation version 6 or higher. May be used with version 2000i with special instructions for installation. Developed in 2002 by Dr. Alexander Elder, the author of COME INTO MY TRADING ROOM, and John Bruns, a programmer, this disk adds to TradeStation the indicators described by Dr. Elder in his latest book, as well as his earlier book TRADING FOR A LIVING. At this point does not support Radar Scan
This software requires MetaStock program version 7.01. If you have version 8.01 or higher, you need Elder-disk v 2.1.
List price $299. This software requires MetaStock program version 8.01 or higher. Provides the complete set of tools and indicators described in Come into My Trading Room, as well as Trading for a Living. Implements the Impulse System as well as Triple Screen. Includes SafeZone and Market Thermometer, as well as such classics as Elder-Ray and Smoothed Rate of Change. A custom formula calculates the weekly MACD-Histogram direction using daily data. This allows explorations for Triple Screen stocks using daily data. The 'expert advisors' built with this trend indicator can be generalized to trading in any time frame. Templates provide for easy use of the indicators, all properly formatted. A simple 'expert advisor' is provided to highlight Triple Screen trading rules. The disk comes with a self-installing executable file and is compatible with MetaStock versions 8.01 and above. To see the web version of the User's Guide, please click here
Good record-keeping and risk management are the two pillars of successful trading. TOFU does for futures traders what the original Traders’ Organizer did for stock traders. TOFU allows you to allocate risk to long and short trades and follow the 2% and the 6% money management rules, or even tighter rules. It lets you play ‘what if’ scenarios for any futures market, comparing risks and rewards. For example, if you find attractive trades in several markets use TOFU to decide which trades to take and how many contracts to trade. This program will grade all of your trades: the quality of your entry, exit, and the overall trade grade. It will keep accurate records of all your trades (up to 30 per month for one account) and also track your market-related expenses as well as any withdrawals from and deposits to your trading account. To make mastering TOFU easier, Mike McMahon, our programmer, has recorded a number of videos, in addition to the manual. Your program CD will come with two additional CDs, delivering videos on the various aspects of your TOFU, at no extra charge. Whenever you have a question, just choose the relevant clip from the menu and watch how to accomplish what you want. Only $196 for the entire package!
This revolutionary risk management software puts the level of control into the hands of private traders that until now was available only to institutions:* Maintain accurate records of all your trades* Price all your open positions from the Internet* Apply the 2% and 6% money management rules* Manage risk across up to 9 trading accounts as a single unit* Discover available risk for long or short trades* Compare the reward-to-risk ratio for several potential trades* Track expenses and plot your equity curve