To our beta users, the installer for Roo-Trader Beta 8C has been uploaded to Dropbox. This version includes: 1. Support for manual override of brokerage and OCH fees in Multiple Leg Trade (as suggested by Neil). 2. Standardized computational logic of overridden brokerage/OCH fees in Close Trade, Enter Trade and Multiple Leg Trade windows. 3. Re-adjustment of Banking Summary and Banking Transactions to show data in ascending order instead of descending (discovered by Alfonso to be incorrect and confusing). 4. Support for fractional shares/qty (as needed by Larry and others). 5. A new look and feel of the installer as suggested by Sean (simpler, more sleek and customized to have the Roo-Trader feel). 6. Some technical optimizations on the code-side which is non-visible to users (for enhanced maintainability). 7. Re-orientation of some windows (e.g Broker Details), some controls are inaccessible in low-res displays (e.g. Alfonso’s case). 8. Code-refactoring as suggested by Re-Sharper tool. 9. Other minor bug-fixes (mostly having impact on the front end side). We are testing this last release with our beta users and then going live! Thank you for all of you support and hard work. The Roo-Trader Team!
We finally got our final beta completed. Our testers will give it a look, and we’ll start shipping the new release. This update took a while to complete. We pulled back and refined a few pieces based on our beta users feedback. Items included: 1. Trading Rules – Multiple rules with multiple guidelines for each rule can be set, also Exchanges and Instruments can be set to which the rules apply. 2. Broker Styles have been added – default settings include AUS, EU, US – Broker Style Settings can be accessed at: Menu->Edit->Preferences And Setup -> Brokers -> Broker Styles 2.a. When portfolio of user is upgraded to have the Broker Styles, all current Broker’s are set to use AUS by default. Users can modify this by editing their Brokers settings (this window has also been updated). 2.b Broker styles determine the necessity for Broker fees, taxes OCH fees and taxes, including stamp duty and these fields are shown/hidden appropriately in Enter Trade window depending on the selected Broker. This has been integrated with the existing logic to also determine the necessity of these fields based on the selected Instrument. 3. User can now turn off annoying message asking if he wants to enter Trade Notes after entering a trade. 4. “Close Trade” menu item is not available for Single Trades. (Only “Close Single Trade”). 5. A lot of computational bug fixes brought about by the method to convert string to double datatype. 6. Fixed several UI errors and non-working windows (e.g. Finance Costs). 7. Automatic schema updating of old portfolios to use new DB schema, for new installs though the new schema/structure is readily available. 8. Bug fix on “Create New Portfolio” as found out by Aries (can make the DB structure but cannot add “default” records). 9. Minor details like add icons to context menu in View Trades window, and some icons in Main Menu. 10. Some other bug fixes and enhances which came our way. Note: A user request to support input based on his Regional Settings (using comma’s and decimal points the EU way to enter data) is very tricky (that’s the reason why some other software don’t really support that), but we are looking more deeper into it on what is the best/safest approach. We look forward to shipping the new version to you in May! William
We are putting the final touches on Version 6 Beta 8. It has been a long month. We were pushing out the beta software approximately every two weeks. However, this time, we slowed down for five weeks between beta releases. We got feedback from a several users that we needed to make the changes they requested. This will be our last beta before we ship the final release. Our current plan is to: 1. Ship Version 6 beta 8 and get our users feedback. 2. Finalize and ship Version 6 to new users from the web site. 3. Build the migration wizard for our version 4.2.5 to bring their existing data into the new Version 6 database. 4. Migrate our existing users and ensure they are operational. 5. Continue improving the tools to help you in your trading. A simple plan, but it will take us months to get through this simple plan. Our beta testers will have the software this week (2012-04-16) and the new version will ship within a few weeks depending on their feedback. We took our time on this release, but we were certain we never wanted to ship a half backed solution. We are here to help you in your business, not to do one-time sales. Happy Trading! William
A potential client, Jim, downloaded our software to test it out. Everyone can register and download the software for free. One of our follow-up marketing emails got a reply from Jim. He didn’t like our older version. It is too complex. Well, he has a great reason. We’ll take Jim’s advice and try to put in a “light” or easy entry section. We need to be called out when we get too deep in the woods. Thank you Jim for your helpful guidance. Here is his reply to our question; “What did you think of version 4” Begin Quote: Sorry, downloaded it. Looked at forms and input and reports. Way more work than the information I’ve had through online things like QuoteTracker, so far. That’s my answer: keep it going. Can’t use tedious forms; I’m 76, might not live long enough to fill them out. I trade 800 option positions/year. Jim End Quote. If you think you are getting old, read that quote again. Jim is trading 800 option positions a year at 76 years old. You go Jim! William
We were going to release our next beta tomorrow. However, we had some feedback from the Yanks, that basically we need to clean up the configuration page when you set up a new broker. Right now, the entries cover both the USA and AUS (as well as other countries). The difference is in how taxes are charged by the brokers for a trade. We had everything on one page. This was not an elegant solution since it caused trouble tickets where the USA users would ask if they had to fill in the VAT components since they didn’t apply. By breaking this interface out, we are hoping to clean up some of the confusion. With so many trading centers around the globe, trying to get a generic interface built just didn’t work. So, we are trying to make it more specific. Pick where you are, and what you need, then set up your accounts. So far, we have: 1. A new Trading Rules section. This tool has been completely redesigned so you can build a new rule, pick the type of financial instrument it applies to, and what markets you want to use it with. 2. A completely new interface for the Trading Notes section. These notes are now integrated into the database so you can search for the notes on your previous trades. This should make them more helpful as you review your successes and failures at the end of the week. 3. Several logical errors we found in our code. This is a constant review with every beta release. We keep pushing to ensure our code is as clean as possible by the time we release. 4. Still working on the DDE updates. Some of our testers wanted specific imports. We are working to include them as menu options for everyone. As an example, one user wanted to import their end of data from their trading site using DDE. We are working to make that choice available for everyone. If you have an existing account, you will need to enter your user name and password to pull the data. Your feedback will help us make this tool more helpful to our users. So, please send your suggestions for version 6 Beta 9 after we release Beta 8. We expect to release Version 6 Beta 8 within two weeks for another round of testing by our users. Thank you all! The Roo-Trader / OTrader team. www.roo-trader.com www.otrader.com.au
We are pushing out our next beta release to our testers. So far, the releases have been coming approximately every two weeks. With this release we are testing the ability to pull price updates from Yahoo and Google. We are coming close to our final release. We will work on our import wizard to help our users transition from version 4.2 of OTrader to the new release of Roo-Trader. Your local radio station may not take requests, but we do. If you want to see additional functions, please contact us. We are working through the list we compiled from our users over the past year. However, some items are a higher priority than others. So, please let us know what you need! Thank you for your support! Sincerely, The Roo-Trader Team!
The Trader’s alternative to MYOB, Quickbooks and Excel.
Are your trading accounts accurate? Can you bring up your profit & loss reports in a matter of minutes should the tax people come calling? Would you be able to show detailed records of your trades in under five minutes?
OTrader 4.2 is a streamlined, easy-to-use portfolio management tool for stock, options, warrant, future and CFD traders. The new features in OTrader 4.2 allow you go way beyond your standard excel spread sheets by giving you advanced reporting and trade analysis.
OTrader Portfolio Management Software allows you to:
- Plan your trades before placing your capital at risk.
- Trade your plan by using the trading plan check list, improving your trading discipline and potential returns.
- Manage your trades including stop losses, profit targets and end of financial year reporting.
- Review your trades so you can easily establish your trading strengths and weakness.
Professional trade management
- Quick and simple trade entry screens that make keeping your portfolio up-to-date fast and efficient.
- Powerful reporting that details your exact financial position allowing you to make informed trading decisions. No more on-the-fly un-thought out panic decisions.
- Ability to track CFD’s, Stocks, Options, Warrants, Futures, Managed Funds, Dividends and trade financing costs.
- Update trade prices for free from yahoo finance or use DDE to connect to your existing data source.
Sophisticated trade analysis
By creating unlimited accounts and systems you gain complete control over your trading to analyse each detail of your performance. By assigning trades to a specific trading system you gain the capability to drill down on your results exposing the strengths and weakness of your trading system.
- Advanced trade analysis allows you to determine the most profitable aspects of your trading so that you know where to place your money for maximum results.
- Quickly create multiple leg option trades using the built in option matrix giving you an overall position profit & loss figure.
Simple yet powerful reporting
OTrader 4.2 offers the tools necessary to optimise your trading and increase your revenue. With the addition of unlimited systems and accounts OTrader allows you to refine your trading to a scientific level. OTrader 4.2 now gives you complete trading statistics making it an indispensable tool for your trading toolbox.
Get started now with a 20 day, fully functional trial
Why create excel spreadsheets with complex interfaces when you can start your fully functional, ready to run, ready to customize 20 day trial? Get your Personal trading up-to-date in minutes, and manage your investments with ease. Download Now
Version 4.2.6 has been released. You will be prompted to install or download the update. If you experience either of these errors: You received the following message:”The installation package could not be opened. Verify that the package exists and that you can access it or contact the application vendor to verify that this is a valid Windows Installer Package” Another error you may see is: Unable to complete request Error in : Form FRMUPDATE CTLINET_STATECHANGED Run-Time Error The fix for these errors is to execute OTrader with “administrative privileges” (You can set that in the properties of OTrader.exe (right-click properties)…this will ensure it is given full rights by UAC (User Account Control). This is the Windows-7 and Vista Operating Systems making sure the install is legitimate and not a virus or an unknown program trying to run on your PC. When we upgrade to the next full release, these install error messages should disappear. Microsoft is working to protect your system from malware. It is not a problem in the software or your system. Cheers! Nik
To pull price updates from Google Finance, open OTrader on your desktop and then: Menu->Edit->Preferences & Setup -> Security Codes -> Set all codes to update via <Choose Google>…then click Apply…that will update the entire portfolio to get updates from Google. If you want to go back to Yahoo or your custom DDE price update settings, go back to Preferences and select your old choice. We are still working on our central update server. We know some markets are missing from Google and Yahoo and we want to provide that data to you. This server will be tied to our next major software release later this year. Happy Trading! Nik
We released another update to our software. This release allows you to pull price updates from Google. We are looking for feedback from our users on their experiences with the price updates. Our testing was limited on updating our test stocks. The default Yahoo is still set on your clients. If you want to try Google price updates, you need to select that option from your preferences menu settings. Look at the DDE settings and choose Google. Happy Trading! Nik