OTrader for 2011

Our goals for this year are to release version 6 of our software, along with the infrastructure to ensure you have your data where and when you need it. In addition, we reserved a new domain name called Rootrader.com. Some of our non-Aussie clients messaged us to ask if we do US or EU markets. Yes we do! To help find our software, and ensure our global users are confident in our product, we needed a COM address. So, Rootrader.com is being built. Right now, RooTrader.com directs to our current web page. In a few weeks, when we stand up our new web server the domain will point directly to the new pages. The OTrader.Com.AU page will remain, and eventually, we will link everything to the new page. We don’t want to lose any of our users while we transition. Also, in 2011, we will finish the new release to our software. We are writing the software in C# (pronounced C-Sharp) and retiring our current Visual Basic software. This will allow us to release our updates in a more timely fashion. We are going to be making some changes to the database that holds your data. That is why we have been going so very slowly. We don’t want to lose any data as we move forward. Ever. At the same time, we need to add some reports, and allow for future upgrades. These changes will allow us to add the features you have been requesting. As the year progresses, we are working to add more features to the software. As always, if you have been paying for support, you will get your updates for free. Stay tuned!   Nik

OTrader Version 4.2 Updates 2011-04-20

Sorry for the long delay in updating our site. We have been working quietly in the background to improve our site, and migrate it to a new set of services for all of our users. What have we been working on? A great question, here is what we have been doing. Version 4 was written in Visual Basic. XP was king and we developed our tools for that platform. Over time, we started working on version 5 which was in development to clean up some of the issues we have run into with version 4. Unfortunately, we scrapped version 5. Software is a complex business. We started developing version 5 and realized the web is going a lot faster than we can write our code. So, we dumped it. The reason was, we wanted to move away from Visual Basic and get into the newer software languages where we can leverage more tools for our community. That was a pricey decision, but it should pay off in the long run for all of our users. In the meantime, we have cleaned up some of the older issues in version 4.  Most of the changes were in the background and our users probably will not notice any changes. These changes were pushed to make the software more stable, and prepare it for future upgrades. Version 4.2.3 is out and includes: 1. A single installation file for all Windows versions. We now have one single install package to download to work on Windows 7, Vista and XP. 2. Automatic updates. The software will download updates without you having to visit our web site. Don’t worry, you have control here. It will ask nicely to be installed. 3. Some menu items were cleaned up. 4. A cleaner database. This helped us clean up some small bugs. Thank you all for your patience. We have spent a lot of time and money getting this upgraded. You haven’t seen the changes but we are working for you. I’ll explain what the rest of the year will bring in my next entry! Cheers! Nik

Free Download: Get the Most Imporant Investment Report you will read in 2010

Free 13-page Report: Robert Prechter’s firm Elliott Wave International has just released its annual “Most Important Report of 2010.” Inside, Prechter delivers hard facts, eye-opening charts and straightforward commentary to help you take advantage of the investment enviroment – and avoid the dangerous pitfalls – that you will face in 2010. You’ll get analysis and forecasts you can act on, and you’ll learn what the government’s unprecedented involvement in the financial markets will mean for your portfolio in 2010 and beyond. Learn more and download your free report now..   Please recall with me the prevailing investor sentiment from this time last year… U.S. stocks had been in strong decline for more than a year. Some of the most celebrated bulls had turned into bears, and the few bears that did exist before the downturn had become even more bearish. The Daily Sentiment Index for the S&P registered an astonishing 3 percent bulls — virtually no one was believing the upside was coming — and the bleakest of forecasts for 2009 called for nothing short of financial apocalypse. But well-known contrarian analyst Robert Prechter took the opposite side of the trade. Prechter, a long-time bear, emerged as a solitary bullish voice among overwhelming bearishness. After closing out a short recommendation that gained 800 downside points in the S&P, he issued the following bullish warning to bears: “The market is compressed, and when it finds a bottom and rallies, it will be sharp and scary for anyone who is short.” In the following days, the mainstream media reported that “perma-bear” Robert Prechter had turned bullish — the reports were only half true. Prechter had, in fact, turned intermediate-term bullish, but he stopped short of recommending average investors to jump back in. Why? Prechter saw something on the horizon that the shortsighted mainstream market watchers did not, which brings me to the untold portion of this story … In Prechter’s eyes, the bear market is far from over, and what he expects to happen after the current move ends is significantly important to how you position your portfolio now. Prechter’s firm, Elliott Wave International, is now offering for a limited time The Most Important Investment Report You’ll Read in 2010. Inside, Prechter reveals his big-picture outlook for U.S. stocks and the U.S. economy. The eye-opening 13-page report, originally published for paying subscribers to his Elliott Wave Theorist, examines the government’s unprecedented involvement in the financial markets and local enterprise. It reveals what’s already taken place in candid detail then focuses you on what the government’s measures will actually do for the U.S. financial markets and economy. Be assured, this report delivers analysis you will not find on the front page of The New York Times or Wall Street Journal. It delivers independent insights from the man who saw the bear market — and today’s bear market rally — coming when virtually no one else did. But hurry! This free 13-page report is available for a limited-time only due to its timely content. Please learn more about and download the free 13-page Most Important Report for 2010 now.  

New Version Released

23 November 2009 : Version 4.1.29 Updated: You can now close individual trades when you hold multiple positions. Right click on the trade > Close Position > Close Single Trade. Only the selected trade will be shown and ready to be closed. Added: You can now now convert a single trade to a strategy without the need to enter an option trade. Right click on a trade > Convert to Single Strategy. You can now right click on the trade and add another leg to the strategy of any type. This allows for pairs trading or other strategies that use two trades but not necessarily an option trade. Updated: Stocks on the Indian Stock Exchange now use .NS instead of .NA for Yahoo price updates. Added: There is now a graph in Performance Charts that shows an equity curve on a trade by trade basis. It also has a High Water Mark(HWM) line to show equity peak.

Elliott Wave Global forecasts available free until May 8

Have you ever wondered why a certain stock or index is moving when everything seams to be flat? Even if you invest mostly in a specific region or sector, market moves in stocks, bonds, currencies, gold, silver, crude oil or others around the world can have a huge impact on your portfolio. Elliott Wave International (EWI) is the world’s largest market forecasting firm. EWI’s 20-plus analysts provide around-the-clock forecasts of every major market in the world via the internet and proprietary web systems like Reuters and Bloomberg. Elliott Wave International has agreed to give you free access to their global forecasts until May 8. Now is your chance to get more than 100 pages of free analysis and forecasts on every major world market. For the first time ever, EWI is giving away one month of its most popular global analysis publication, a 120-page “little black book” of investment insights called Global Market Perspective, which includes EWI’s three regional publications:
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