Tag Archives: Roo-Trader

Roo-Trader Version 6.2.0 Released

We released version 6.2.0 of Roo-Trader this week. Roo Trader Ver 6 2 In this version we: Improved: Windows 8 compatibility. Modified the Reports section: The reports are now application-based (not portfolio-based). Recent versions store reporting details in the portfolio, when portfolio gets corrupted, user may not be able to view reports because they won’t show in the list of available reports in the Reports window. These details are now stored in the application itself and are now persistent. Removed: Connections to the old website (www.otrader.com.au). Our software now connects to only one site (www.roo-trader.com), which is the new and only active home of Roo-Trader software. Updated: Cleaner and simpler interface. Added: Initial phase for Multi-Language support (which is expected to be completed on the next release). Updated: Microsoft .Net from version 3.5 to 4.0. Updated: Third-party libraries (most recent release to address bugs and compatibility issues). Fixed: Other minor bugs. We continue to work on and improve our software. If you have a suggestion for a missing feature, please send it to us. We add features based on your input! Happy Trading! William

Van Tharp’s new book “Trading Beyond the Matrix, the Red Pill for Traders and Investors”

Van Tharp’s new book “Trading Beyond the Matrix, the Red Pill for Traders and Investors”, now on Amazon. Trading Beyond the Matrix The Red Pill for Traders and Investors By Van K. Tharp, Ph.D. In the sci-fi movie classic, The Matrix, the hero Neo was given a choice: take the red pill and see the world as it truly is, or take the blue pill and wake up in his bed believing whatever he wants to believe. Of course, Neo takes the red pill, and the adventure begins. Now, what if there was a real Matrix and a real red pill? The newest book from trading coach Van K. Tharp, Trading Beyond the Matrix: The Red Pill for Traders and Investors (Wiley; $40.00; March 2013, 978-1-118-52566-1), is the reader’s red pill and will lead them on a journey to dramatically improve their trading results and financial life by shining a light on the engrained ideas, beliefs, and perceptions that influence every one of their trading decisions that may keep them from the success they deserve. In Trading Beyond the Matrix, Tharp takes the reader by the hand through the steps of self-transformation, from incorporating “Tharp Think”—ideas drawn from his modeling work with great traders—making changes in yourself so that you can adopt the beliefs and attitudes necessary to win when you stop making mistakes and avoid methods that don’t work. The book also offers: • Three different levels of transformation to improve as a trader and to become a happier person. • Real success stories of people who have changed their trading significantly as a result of adopting these concepts. • Learning how to meet your objectives. • Statistical methods for understanding the market. • How to determine if your beliefs (programs) are useful or not. • Two different methods of dealing with internal conflict. • Nine steps to master yourself. • And much more! Helping others become the best trader or investor they can be has been Van K. Tharp’s mission since 1982. Dr. Tharp offers unique learning strategies, and his trading education techniques for producing great traders are some of the most effective in the field. In the unique arena of professional trading coaches and consultants, Tharp is an internationally recognized expert. More than just another collection of “sure-fire” trading strategies and techniques, Trading Beyond the Matrix takes the reader on a journey of self-discovery, during which they will come to understand who they really are, how their personal psychology affects your every decision, and what, with Dr. Tharp’s guidance, they can become: whatever they desire… even a Super Trader. Visit http://matrix.vantharp.com to download the mini-book and see the special offers. About the Author: VAN K. THARP, PhD, is President of the Van Tharp Institute, where he uses a combination of skills and education to fine-tune his strategies to coach, consult, and teach traders and investors. Dr. Tharp is the author of five acclaimed books: Super Trader, Trade Your Way to Financial Freedom, the New York Times bestseller Safe Strategies for Financial Freedom, The Definitive Guide to Position Sizing™ Strategies, and Financial Freedom Through Electronic Day Trading. He received his PhD in psychology from the University of Oklahoma Health Science Center in 1975. He is a Master Practitioner of Neuro- Linguistic Programming (NLP), a Master Time Line Therapist, a Modeler of NLP, and an Assistant Trainer of NLP. He has used his expertise in NLP to create a number of trading and investing models for generating consistent profitability. Tharp has been featured in Forbes, Barron’s, Technical Analysis of Stocks and Commodities, Investor’s Business Daily, Futures and Options World, and Trader’s Journal. He has given talks and workshops in over 25 different countries.

We’re Running Late

We are running late this month. We normally push out an update by the 21st of each month. This month, we are finishing two projects. First is the changes Microsoft has made to the way software behaves. They made a change to Windows 8 and we are modifying our software to ensure you get a smooth installation. This was based on two new users finding permission issues when they installed a new copy of Roo-Trader. Second, we pushed our multi-language version of Roo-Trader back a month. The reason we pushed it back a month was to ensure Windows 8 compatibility. We should roll out our new version in March. Thank you for trying our software and staying with us over the years! Happy Trading! William and the Roo-Trader team.

Van Tharp’s New Book – Trading Beyond the Matrix: The Red Pill for Traders and Investors

This is a great site: www.VanTharp.com A small mini-book that you can download. It has the prefix and the first chapters so you can read the text. Download Van Tharp’s Mini Version of His New Book Now. It’s over 50 pages of content. Free! Trading Beyond the Matrix: The Red Pill for Traders and Investors In his new book, Van Tharp leads readers to dramatically improve their trading results and financial life by looking within. He takes his readers by the hand through the steps of self-transformation by incorporating “Tharp Think”—ideas drawn from his modeling work with several great traders. Making changes in oneself will lead you to adopt the beliefs and attitudes necessary to win when you stop making mistakes and avoid methods that don’t work. Go here to download the new book:

Van Tharp – The Matrix


Enjoy! William

The Roo-Trader End of Year – 2012!

It has been a very busy year for us. We went from our beta version to a final release of Roo-Trader version 6. We completed our migration from OTrader version 4 and released the import wizard to migrate our clients to the new version. Our users have been quiet, which means Roo-Trader is working, the application is stable and now users are requesting some new features. We will keep adding them to our to-do list. We prioritize our tasks and constantly work on them. This software will keep evolving to serve you better in 2013. We will work hard to stay with our monthly release schedule. However, some features will require more time or resources than a monthly release will allow. So, that schedule will probably vary. Coming in 2013 we have multi-language support being released in January. Then a long list of additions that we have been tracking. The functionality will not change, but we will be adding more import/export functions. Also, look for the addition of tracking your trades in your journal. We all wish you a success in your personal and professional lives. Happy Trading in 2013! Sincerely, William and the Roo-Trader Team!

Sell Rules – Plan Ahead

When entering a trade, you need to plan on your exit strategy. This article on Investors.Com page has a sample list of reasons to sell a stock or option. Don’t Wing It; Follow The Rules When You Sell An article by Vincent Mao has his tips on the Investor’s Corner of Investors.com. To highlight a few of them: • Cut losses at no more than 8%. • Lock in gains when they amount to 20% to 25%. • Don’t let a big gain turn into a loss. • Closing below the 10-week moving average in significant volume. Consider selling if a stock closes the week Sell when stock ends below its 10-week line in volume that’s at least 40% above average. For the whole article and the rest of their tips, go to the link above. Remember to plan ahead to preserve your capital! Happy Trading! William

New Release – Roo-Trader 6.0.4

Our development team released this month’s update for Roo-Trader. We are working hard to keep releasing updates each month for the new platform. This month, we added the import wizard to bring your older Version 4 OTrader data into the new database structure. One of our users successfully imported 1500 records. He noted the speed has increased and the functionality has improved in the new version. If you have an older set of data, please download the new software. The import wizard is in the menu. It is pretty easy to use and it should be a smooth migration. Just let Roo-Trader update itself by going to Menu–>Help->Check for Software Updates. After updating Roo-Trader, you will be able to open the Import Tool by going to Menu->Help->Import Tool. The import tool will “convert” your old data (OTrader format) to the new format without having to delete the old one (the older data will be preserved). The wizard will create a new portfolio in Roo-Trader format and copy the contents from your old portfolio. Close Roo-Trader, then open it back up and open the new data. Happy Trading! William

Roo-Trader Version 6 Finally Released

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! Happy Trading! The Roo-Trader Team www.roo-trader.com www.otrader.com.au