After two years of work, we have finally released version 6 of our software. First designed in 2003, we have been upgrading and modifying the software based on your feedback ever since the initial release. Now you can pull down Roo-Trader version 6 from this location: Software Download Page
The software provides an initial thirty (30) free trail.
To get started, go to Help – Getting Started and complete the four steps to set up your profile.
We are now working on the web sites, the migration wizard for our older users and the suggestions we receive form our users. Please bear with us as we get everything shifted to our new back end operations.
As always, please let us know your thoughts and suggestions. We are working hard to ensure you have a tool that you can use to measure and improve your trading success!
The Roo-Trader Team
New Release Version 6 Beta 8EWe had hoped to release with a live version. Unfortunately, our testers keep making suggestions and finding issues. Great work guys! BETA 8E has been uploaded. In this release (this is a combined list of Alfonso’s and Glenn’s reported bugs, including those we found on our own): 1. Multiple Leg Trade – Fixed implicit
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
With the current market volatility now is a good time to brush off those options strategies. My personal favorite is the Iron Condor which is made by using a bear call spread and bull put spread. With the Iron condor we are looking to sell time and volatility. We look to sell options with a > 75% chance of expiring worthless. The Options Probability Calculator will help you determine which options have a > 75% chance of expiring worthless. In the coming weeks I will be releasing my report of how I trade Iron Condors. It is an eight step check list for opening and closing the spreads each month. Let me know if you would like a copy.