People sometimes ask me, "Besides what
you develop yourself, what other resources/products have you found
that you would recommend?" On this page, as time permits,
I'll call out various sites, products and developers that I have a
high regard for. Some of these folks I know personally, some
only through their work. Either way, comments on specific
products are based upon on my own experience with the principals
and/or their products.
These are (some of) the recommendations I make to personal
friends. I hope and expect that you will find these
references interesting, educational, and profitable!
StockFinder Worden
This is the software to have for
end-of-day scanning of the entire stock market. It's
fast, flexible, powerful, and a bargain at the price. Highly
recommended.
MESA
Software John Ehlers
The "rocket scientist" of traders, John
Ehlers is known for his application of digital signal processing
techniques to market data. For all you
electrical-engineer/scientist types out there, if you want to see
how your college education can be applied to the technical
analysis of financial markets, John's books, articles, and
lectures are the ticket. Along with tons of technical
information, the MESA site features the complete source code to
the books "Rocket Science for Traders" and "Cybernetic Analysis
for Stocks and Futures" for a very modest price.
Advanced Diary by CSoftLab
This is the simplest, easiest to use,
most flexible diary (i.e. trading log) software I've found yet.
All the calendar organization is already done for you. It's
a breeze to type in notes and paste in screen-shots to create a
near-realtime record of your trading day. Backup
capabilities are provided, and any day can be exported as a .rtf
document. None of the bloat or clunkiness of Word here -
just exactly what one wants in a daily log. If you are not
happy with your current trading log solution, give this one a try!
Unicorn Trading Alex Matulich
Alex's site has several goodies,
including a Monte Carlo position sizing tool, technical
discussions, and free EL code. I
particularly like his take on
expectancy. So,
check it out! I think you will agree that this site is a
real find.
Why You Lose At Trading
Avery T Horton, Jr.
Unorthodox, insightful, fun-to-read, this
120 page EBook spells it out, just like the title says.
Direct and to-the-point (always!), Avery explains exactly why
losers lose in language anyone can understand. If you are
making none of the mistakes called out in this book, then you are
certainly not losing! If you are making any of them, then
this is the reminder you need. This little gem is a bargain
at the requested donation of $20. To get your copy, click on
the link above.