
Trading Platforms
-
Trade Station.
TradeStation is one of the
world's premier trading platforms. One advantage of using Trade Station is that the
platform can be "tweaked," added to, and reprogrammed at will via
Trade Station's "Easy Language"
code. Lots of
Trade Station developers out there in cyberspace to
answer questions and share their Easy Language
add-ons for free. In addition, there are lots of vendors out there who offer
Easy Language add-ons for sale. You can even join a
Trade Station Yahoo group.
-
Trader'sStudio.
Trader'sStudio is the brain child of
veteran trading system developer Murray Reggiero. It can read-in and convert
TradeStation's Easy Language code into its own format and contains lots of
advanced bells and whistles for computerized trading system development. You
can read Murray's trading systems columns in
Futures Magazine.

Stock Screeners
From Dr. Mel Raiman:
At the beginning of each course, I mention that every
successful trader needs to have three things: (1) a method for executing
trades (broker or direct access platform); (2) a method for accurately
timing entrances and exits; and (3) a reliable method for
finding trades [i.e., a stock screener or other mechanism]. The third item remains elusive and many day and swing
traders have a tough time finding stocks that are in play, especially
through the trading day.
-
Getting to Know Stock
Screeners.
A nice piece
on stock screeners from Investopedia.com.
-
Understanding Stock
Scans.
More on
stock screeners from stockcharts.com.
-
HotScans.
The
HotScans site
is actually two sites in one: HotScans and MarketGauge. HotScans is an
superb real-time stock scanner for swing traders, day traders,
and scalpers. It finds stocks moving in the market now, illuminates
intra-day shifts in stock momentum, alerts you to opening range break-outs,
gaps, new highs, hew lows, and more. In addition, it scans and displays up
to four intra-day time periods simultaneously and provides pre-defined
trading strategies. MarketGauge is a tool for finding investment and trading
opportunities based on sector and market group analysis. It allows you to
identify stocks that are driving the leading and lagging sectors and groups
in the market. It also provides you with 37 key macro market indicators.
-
StockCharts.com.
This is John Murphy's site.
He is one of the "fathers" of technical analysis and "the" father of
inter-market analysis. I highly recommend this one!
-
Trade Ideas.
Trade Ideas was
created to bring the next generation of pre-trade analysis technology to
market. Their array of statistical analysis and pattern recognition servers
connect directly to the exchanges and monitor every tick for every trade on
the NASDAQ, AMEX, NYSE, and the CME. The servers keep statistical baselines
on what is usual and unusual for any given stock, index, and ETF.
Users
then can pick and choose different events to watch and filters to refine the
universe of stocks being monitored. The result is an uninterrupted,
real-time stream of actionable trade opportunities streamed directly to the
users desktop.
-
Short Term Stock
Selector.
This site is really cool. I use
it daily. Its
creator, Robert Hesler, provides you with swing trade long
candidates based on patterns derived from a
neural net program
he has written. Of particular interest is that Mr. Hesler
lists every single trade
he has made with the neural net program since April 11, 1996 right on
his site. I have checked many of them with the PTS platform and they seem to
be consistent with the PTS trading signals. BTW: Mr. Hesler has recently added
neural net-generated ETF
(QQQQs and SPY) trade recommendations. He is also working on a neural
net program that generates short sales recommendations.
-
Weekly Stock Selector. This is Robert
Hesler's sister site to his
Short Term Stock Selector site. It lists a portfolio of twenty stock
selections generated by a neural net program. The portfolio is updated every
Sunday. As with the Short Term Stock Selector, Mr. Hesler
lists the
portfolio's results for every week since its inception on October 8,
2000.
-
USA Today's Stock Screener.
This is a free screener which allows you to screen real-time down to as
little five minutes during the day. You set your screen parameters as
you wish. While it isn’t as comprehensive as “paid-for” screeners it is very
adequate for finding many types of stocks you wish to analyze and group.
Plus it even finds rockets by percentages you plug in. It also allows you to
screen by significantly trending sectors, (which can be determined from “hot
sector” heatmaps at other URL’s) which can further assist you in screening
only the industries with hot stocks in play.
-
Yahoo Stock Screener.
This screener is
widely used by traders. This site is also is a great source for news,
stock quotes, ownership, insider transaction, and SEC filings. It also has
bond and mutual fund screeners. Look at the left column under "Investing"
and "Today's Markets." Choose "Actives" and, after the new page loads,
choose the stocks with the highest volume and percentage price change and
evaluate them with the PTS platform.
-
Dow Jones
MarketWatch.
Excellent stock screener.
Try the following parameters: PRICE = $10-$50; PRICE = up 3% during the
current trading session; VOLUME = 500,000-90,000,000; Currently
out-performing their 200 day average.
-
BarChart.com. This
site provides you with a very easy way to
obtain a ten-day average true range for a stock.
Enter your symbol. Select
Technicals on the right. The ATR's are displayed for 9, 14, and 20 days.
-
PCQuote.com.
First-rate pre-formatted screenings.
Upgrades/downgrades, sector ratings, news wire, earnings, insider trading,
economic calendar.
-
SmallCapCenter.com.
Search for small cap
firms numerous ways.
-
StockFetcher.com.
This is one of Mrs. Bear's favorites
sites. Lots of customizable technical indicators, sector overviews, and
stock filters.
-
MarketScreen.com.
A comprehensive
and powerful screener.

Pattern Day Trader Rule
- Pattern Day Trader Rule.
Before you trade, make
sure you know the rules!
Stock Symbol Look-Up
- BarChart.com.
Just enter the
company's name and you'll get its stock symbol.
Pivot Numbers, Support & Resistance,
Triggers & Targets
-
Pivot Point Article by
Investopedia. "Using
Pivot Points for Predictions" by Justin Kuepper.
-
Another Pivot Point
Article.
More on pivots.
-
MindOverMarket.
Mind Over Market has the best
pivot calculator available on the web.
-
Field Financial Group.
Another
free pivot number calculator.
-
Delta1.com.
Yet another free pivot point calculator. This site also has a
comprehensive set of daily and weekly pivot points (calculated via different
methods), fib retracement points, and extended high/low statistics for
various futures indices.
-
Barchart.com.
Many traders use this site
regularly to find a stock's high, low, and closing price to calculate
pivots, support and resistance. It also has a quick method to find
technical information such as volume and Average True Daily Range. There is
a wealth of information available at this site, and it's free.
-
StockConsultant.com.
This site provides excellent
technical stock analysis, including superb levels of support, resistance,
triggers and targets.
-
StockTA.com.
This site provides quick levels of support and
resistance as well as good charting. The site also provides an analysis
of short, intermediate, and the long-term trends. Basic screening, of
dubious value, is provided free of charge.
The Trading Day
- Click here for an
overview of the important reversal & slumber times during the trading day.
Pre- & Post-Market
-
CNN AM Market Call.
CNNMoney has lots
of excellent information on the pre-market, hot stocks, investor research,
and more.
-
NASDAQ.com.
The NASDAQ keeps
track of its stocks that are most active in the pre-market.
-
TradingDay.com.
Click here
to see stock that are most active in the pre and after-hours markets.
-
MidNightTrader.com.
Only MidnightTrader
provides real-time coverage and analysis of stocks trading in the pre-market
and after-hours and likely to make wider moves in the following regular
session. With MidnightTrader's proprietary extended-hours trading
analysis, you'll find opportunities throughout the day and be better
prepared for regular session trading by staying ahead of Wall Street with
live pre-market stock trading analysis, news, quotes, and alerts from 6:45
to 10:00 am EST and after-hours from 3:30 to 8:00 pm.
-
FreeRealTime.com.
Stocks to watch before and
after the bell. Link to sectors with the ability to drill down to
individual stocks (Reuters). Similar information to that which is found in
RealTimeTraders.com.
-
TradeARCA.com.
The "Hot 21"
stocks.
-
AfterHoursTrades.com.
It has what it says it has.
-
Dow Jones
MarketWatch.
Look for biggest gainers/losers after the market closes.
Swing Trade Set-Ups
-
Mel Raiman.
Each
weekend Dr. Raiman will e-mail you 12-15 swing and day trade set-ups on
highly liquid, optionable stocks that have an average true daily trading
range of at least $1.00. He gives you both long and short trigger prices
and target prices, and updates his targets and triggers during the week. All
this for $79 per month! Alternatively, each weekend Dr. Mel will send you
two set-ups for free.
-
Short Term Stock
Selector.
Lots of good swing
trade set-ups, graded from A trades (the best) to E trades (least good),
generated by a neural net for $50 per month. These picks are also
available for free, but then they're not graded.
-
Leavitt Brothers.
Lots of good swing trade set-ups
for $50 per month.

Sector Rotation
-
Understanding Sector Rotation. Don't
know what sector rotation is? Click
here
and
here.
-
Sam
Stovall. Mr. Stovall is the
chief investment strategist at Standard & Poors. In 1996 he published the
classic text on sector rotation called Sector Investing.
This
is his on-line column.
-
John
Murphy.
Check-out Murphy's
sector analysis. Good overviews of his path-breaking inter-market relationships
too.
-
MarketGauge.
The
MarketGauge site is actually two sites in one:
HotScans (see above) and MarketGauge. MarketGauge is a tool for finding
investment and trading opportunities based on sector and market group
analysis. It allows you to identify stocks that are driving the leading and
lagging sectors and groups in the market. It also provides you with 37 key
macro market indicators.
-
SmartMoney.com.
See what sectors are hot with
this heatmap.
-
NASDAQ.com.
The NASDAQ
offers a nice pre-market heatmap.
-
StockCharts.com. Want to
visually scan and rank a large collection of stocks all at once? Want to
quickly find the best and worst performers for a given time period? Our
Interactive Market Carpet
tool is the solution you've been looking for. By representing individual
stocks as colored squares, the Market Carpet lets you see at a glance what
the entire market is doing as well as the sectors and companies within the
market. Also check-out
the intra-industry performance indices.
-
Thomson
Financial.
Nice site for institutional activity by sector.
-
Ken Powers.
A very thorough analysis of
stocks based on their sector and their "business segment".
-
SPDRIndex.
This site tracks the nine
sector spiders.
-
Barchart.com.
More info on
sectors.
-
BigCharts.com.
Charting, sector and industry rankings in various time frames from one week
to five years.
-
SmallCapCenter.
Small cap firms by sector.
-
The Saudi Network.
Lots of information and links related to
the oil and gas industry.
Short Squeezes
-
ShortSqueeze.com.
To find
"rockets," look on this site for
stocks with a large percent of their float in shorts. If the price
starts to increase everyone will pile-in to cover their shorts and drive the
price up fast. This is called a short squeeze.
-
NASDAQ Short Interest.
Look on
this site for short squeeze opportunities in NASDAQ stocks.
Stock Splits
-
Investopedia.
Understanding
Stock Splits.
-
InvestmentHouse.com.
Here's an
excellent stock split calendar.
-
Yahoo.
Here is Yahoo's stock split calendar.
-
Briefing.com.
Here's
another good splits calendar.
Unusual Volume
-
NASDAQ.com.
NASDAQ.com tracks
stocks that are exhibiting unusual movement.
-
Investors.com.
Check its "Stocks on the Move"
Window. "Stocks on the Move" is a live version of the popular feature in
Investor's Business Daily's print edition. This proprietary screen reveals
stocks currently experiencing unusually heavy buying and selling. This
idea-generating list is continuously updated throughout the market session
as new stocks experience unusual trading. Unusual trading volume can signal
heavy activity by institutional investors (pension and mutual funds, banks,
insurance companies, corporations and government organizations).
Initial Public Offerings
-
Hoovers.
Check out their IPO
Central page.
-
IPOHome.com.
Lots of IPO information.
Fundamentals
-
Securities and
Exchange Commission. The
SEC web site contains lots of
important investor information such as corporate 10K and quarterly reports
that it collects via its Electronic Data Gathering,
Analysis and Retrieval (EDGAR) system. Just type in the ticker
symbol. Before using EDGAR, check out the
EDGAR tutorial.
-
EDGAR On-Line.
Quickly retrieve corporate financial
information.
-
ClearStation.com.
Lots of free
information about technical and fundamental investing.
-
VectorVest.
Lots of excellent information on stock
fundamentals. You can get some free stock analyses here including
whether or not a stock is over- or under-valued.
-
Find Corporate Web
Sites.
This site enables you to easily
search the web for corporate web sites.
-
WallSt.net.
Tremendous, comprehensive, site.
Financial statements, historical data, charts, quotes, news, free level
II,...
-
Gilling Securities.
Gilling has developed a
novel scoring system for accurately determining the long-term valuation of any public company.
Take a look.
Stock
Analysts
-
StarMine.com.
An excellent site for rating
stock analysts.
-
Investars.com.
Another excellent site for rating stock
analysts.
Conference Calls
-
BestCalls.com.
BestCalls is the Internet's largest
single source for earnings conference call schedules and access information.
They've listed over 50,000 conference
calls since 1999.
-
VCall.com.
VCall is the leading
webcaster for official investor relations events. It gives you access to
both live and archived corporate communications, although they are limited
to those corporations that use its services. It also offers copies of
financial documents released by firms.
-
Yahoo
Conference Calls.
Yahoo has information on this topic too!
Earnings
-
Earnings Release Calendar.
Here is an excellent
earnings release calendar.
-
Yahoo Earnings Release Calendar.
Here is another
earnings release calendar.
-
Earnings Calendar for NYSE Stocks.
Firms whose stock is traded on the NYSE list when their earnings will be
announced on the NYSE web site.
-
MarketWatch.com.
Click on
the "Earnings" tab to get a list of the firms scheduled to announce earnings.
-
Money
Central's Earnings Calendar.
Another
nice, free, earnings calendar.
-
Earnings.com. This site provides a quick
method of checking on a stock’s earnings dates. If you are planning on
holding a stock overnight, check it out on this site. Earning news,
upgrades/downgrades, split information, IPOS are also available on this
site.
-
WhisperNumber.com. Want news on earnings and projected earnings?
This is the site.
-
EarningsWhisper.com. This
site will give you all the stocks that are having earnings before, during,
and after the market closes for the day.
-
ShareholderAdvantage.com.
A fast site for getting earnings information.

News
Some words of trading wisdom: (1) trade the news
because the news moves the market [Mrs. Bear]; (2) the news always trumps the
charts [Scott Landers]; (3) the longer you hold a position, the more important it is to know
why the stock is moving (i.e., the more important it is to know the news).
-
Briefing.com.
Briefing's platinum service is
my trading guru, Scott Landers,' favorite source of news! Briefing culls and
organizes the "raw" news from a variety of sources such as Reuters,
MarketWatch, etc.
-
TriggerNews.com.
An extremely fast way to receive
real-time breaking news.
-
Reuters.
Mrs. Bear's
favorite news site.
-
Barrons.
Tremendous source of
breaking corporate news.
-
Dow Jones MarketWatch.
Superb continuous stream of corporate news.
You can search by ticker
symbol or keyword.
-
Business Wire.
Business Wire disseminates full-text news announcements from thousands
of companies and organizations worldwide (our members) to news media,
financial markets, disclosure systems, investors, information web sites,
databases and other audiences.
-
BusinessWeek.
Excellent source
of business news.
-
Wall Street Journal.
An obvious (excellent) source of
business and other news.
-
Forbes.
Yet another excellent source of business
and other news.
-
Bloomberg.
Good source of
news, although watching the "crawl" at the bottom of Bloomberg TV is better.
-
RealTimeTraders.
Fairly comprehensive news summary.
-
TheStreet.com.
Lots of news and trading information.
Jim Cramer is a co-founder of this site.
-
SmallCapCenter.com.
Lots of news on small cap
firms.
-
Associated Press.
Lots of news, both business and non-business
related.
-
Central News Agency.
Global coverage of political, social
and economic news.
-
PRNewswire.com.
This is another of Mrs. Bear's favorite
new sites.
-
Yahoo Business News.
Of course, Yahoo gives you the news
too!
In several places!
NYSE Stocks
-
New York Stock
Exchange.
The Big Board!
-
MarketTrac.
Live gainers and loses
in the NYSE. If you trade listed stocks this is a good site for fast
evaluation during the day.
NASDAQ Stocks
-
NASDAQTrader.com.
Tons of information for traders who
trade NASDAQ stocks.
-
NASDAQ Market Analytix (NASDAQ MAX).
Experimental
market information including market velocity (order activity),
market forces, short activity, open/close statistics, top liquidity
providers, and competitive benchmarks, in a real-time data feed.
Electronic Communications Networks
-
Island.com.
Island is the second oldest and largest
electronic communications network or ECN owned by the NASDAQ.
-
Archipelago.
Archipelago differs from other ECNs
b/c it actively looks for the best price based on historical success, to
rate and route orders. ARCA is currently being purchased by the New York
stock Exchange.
Stock Exchanges
-
New York Stock
Exchange.
The Big Board!
-
American Stock
Exchange.
The AMEX!
-
Boston Stock Exchange.
Founded in 1834 as the third U.S.
stock exchange.
-
NASDAQ.
Here is the site for the National
Association of Securities Dealers Automated Quotation
system!

Futures Exchanges
-
Chicago Board of
Trade.
The CBOT
is where wheat, corn and soybean
futures trade. It also hosts large markets in treasury future
contracts.
-
New York Board of Trade.
The NYBOT is where coffee, cocoa, frozen concentrated orange juice trades.
-
Chicago Mercantile
Exchange.
The
CME is the largest futures exchange in the U.S. This is where everything
from pork belly futures to S&P 500 futures are traded.
-
New York Mercantile
Exchange.
The NYMEX is the home to light
(sweet) crude oil trading, heating oil trading, and gold and silver
trading.
-
EUREX.
The world's largest
derivative exchange.
-
Euronext.
Just bought by the NYSE.
-
Hong Kong Futures
Exchange.
An important exchange in Asia.
Options Exchanges
-
Chicago Board Options Exchange.
The CBOE has lots of free information on
options trading.
-
International Securities Exchange.
The ISE is the world's largest fully
electronic equity options exchange.
-
American Stock
Exchange.
The AMEX!
-
Philadelphia Stock
Exchange. The PHLX was founded in 1790 and trades approximately 2,000 stocks, 2,100
equity options, 19 sector options, and multiple currency pairs.
-
Pacific Exchange (NYSE
Arca).
The PCX was
purchased by Archipelago (one of the four original ECNs) and then
Archipelago was merged with the NYSE. Thus the NYSE is back in the
options business!
-
Boston Options
Exchange.
The BOX is the nation's newest options exchange.
-
Comprehensive List of
Futures & Options Exchanges.
Massive list with addresses, phone numbers, web links, etc.
Options Education
-
Options Industry
Council. Tremendous options
education site.
-
Options Clearing
Corporation.
Lots of free information on
options trading.
-
Yahoo's Options Education Site.
Lots of information on
trading options.
-
Options Trader
Magazine.
Sign-up for a free, monthly,
options trading e-magazine.
Brokers Specializing in Options (and
Providing Lots of Options Education Material & Tools)
-
TradeKing.
Don Montanaro (very nice guy) has
created an excellent
new firm with lots of innovative options trading tools and
reasonable options trading prices.
-
Schaeffer's Research.
Lots of information on trading options.
-
OptionsXpress.
Lots of free information on options trading.
-
Optionetics.
Lots of
free information on trading options.
-
Options Secrets.
Basic Commodity and options
training.
Options Chains
-
Schaeffer's Research.
Excellent free Options Chains.
-
Optionetics.
Free options chains (with
data delayed 20
minutes).
-
MarketWatch.com.
Type in the stock ticker symbol and this site will return the corresponding
options chains for several months.
-
WallSt.net.
Nice, free, options chain.
Options Tools
-
IVolatility.com.
Data service that provides information
for pre-options trade analysis, post-options trade decision support and
options risk management.
-
Peter Hoadley's
Options Analysis Tools.
Hoadley offers and
excellent set of options analysis tools. Some are
free; some you must pay to download.
-
Numa Options Calculator.
This
calculator uses and adjusted Black-Scholes model to value European style
options.
-
Options Ticker Symbols.
Need to know a ticker symbol for an option?
-
Open Interest Options
Browser.
Free web-based options browser.
-
Aussie Rob.
Gidday Mate! Check out the options man
from down-under.
Black-Scholes
Options Pricing Model

Myron Scholes & Fisher Black
-
Peter Hoadley's Explanation.
Hoadley has a nice explanation of Black-Scholes and other options pricing
models.
-
Kevin Rubash's Explanation.
Excellent,
comprehensive,
presentation of the Black-Scholes model.
-
The Idiot's Guide to the Black-Scholes Option
Pricing Model.
The title says it
all.
Taxes
-
Sims & Sims.
These guys specialize in tax accounting
for traders. This site contains lots of excellent free information on
tax accounting for traders.
-
TradersAccounting.com.
These guys also specialize in
tax accounting for traders.
Here's some of their tax tips.
-
TraderTax.com.
Lots of tax information for traders.
-
Waterside Financial
Services, Inc.
Tax reduction strategies from Ted Tesser.
Check out his articles and books too.
-
TradeAccountant.com.
Software for keeping track of all
your trades for tax purposes. Well worth it at audit time!
-
IRS Tips for Traders
(IRS 1040 filers).
Now, what does the IRS say
about it?
-
More IRS Info for
Traders.
Good info,
but be prepared to be put to sleep.
-
Pros & Cons of Forming
a Legal Business for your Trading Activities.
Should you form a sole proprietorship? An S-Corp. A partnership?
-
Mark-to-Market Accounting.
If you don't know what this is and you're a trader, you better check-out
this site.
-
AccountantsWorld.com.
Be
sure you know how to set-up your trading business.
-
Green Trader Tax/Law.
This firm specializes in helping you
set-up your hedge fund.
Hedge Funds
-
Magnum Funds.
Check out Don Friedland's article: "Taking
the mystery out of hedge funds."
-
Lipper HedgeWorld.
Want to know how to start your own hedge fund?
-
Hedge Funds Versus
Mutual Funds.
Want
to know the difference between a hedge fund and a mutual fund?
-
More on Hedge Funds Versus Mutual Funds.
Here's more info on the difference between hedge and mutual funds.
-
Even More on Hedge
Funds Versus Mutual Funds.
Here's even more info
on the differences between hedge and mutual funds.
Trading Rooms
-
Vic West.
Vic West is a veteran trader
who has developed a proprietary system for scalping. If you join his
trading room, you'll see his charts and they'll tell you when to buy and
sell.
-
Shay Horowitz.
Shay runs Shogun Trading and
a lively trading room.
Jim Cramer's Mad Money
-
Mad Money Wrap-Ups.
To get wrap-ups
of Jim Cramer's Mad Money picks click
here
or
here
or
here
or
here or
here.
- CramerWatch.org.
This site pits Cramer's stock picks
against those of a stock picking monkey ("Leonard the Wonder Monkey").
Radio Shows
-
Tiger Financial News Network.
Tom O'Brien
offers an interesting collection of material on his web site including web
access to his radio show.
-
Bloomberg Radio.
You can listen right
through your computer.
Hardware for Trading
-
Custom Trading
Computers. If you'd like a computer system
set-up specifically to trade, check out
Custom Trading Computers.
Jordan Peterson, the founder, builds them personally and they are
inexpensive and excellent. He designs computers with quality in mind for
trading. Jordan's customer service is also superb. My personal system was
built by Jordan Peterson at
Custom Trading Computers.
-
DirecPC.
No broadband cable TV in your area? You
need a satellite data feed.
Neural Networks
-
Neural Network
Tutorials. For some quick neural net
tutorials click
here,
here,
here,
here,
or
here.
-
Neural Network Links.
Here is a huge set of
links to neural net books, articles, software, databases, and much more.
-
Neural Net FAQs.
Here is a huge list of
FAQs for neural nets that has a lot of information on using SAS to build NNs.
-
Jurik Research.
Jurik provides a set of advanced trading tools and indicators that are based
on neural net technology and other advanced signal processing techniques.
Many of these
tools can interface with Trade Station's platform. Jurik also offers
some free
Trade Station add-ons.
-
BrainCel.
Jurik Research
sells BrainCel, which is an add-on neural net for TradeStation.
-
TradingSolutions.
TradingSolutions is a
comprehensive technical analysis software package that helps you make better
trading decisions by combining traditional technical analysis with
state-of-the-art neural network technologies. It has the ability to
learn patterns from historical data, allowing you to create highly accurate
trading systems that inform you when to buy and sell. This trading software
effectively performs market timing for all types of financial markets,
including stocks, futures and currencies (FOREX).
-
Tradecision.com.
Tradecision provides with
state-of-the-art artificial intelligence technologies that learn from
historical data to help you find out the most auspicious times to buy and
sell securities.
-
BrainMaker.
BrainMaker Neural Network Software lets you use your computer for
business and marketing forecasting, stock, bond, commodity, and futures
prediction, pattern recognition, medical diagnosis, sports handicapping...
almost any activity where you need special insight.
-
DeepInsight.com.
DeepInsight is an
algorithmic (swing) trading system built on years of quantitative research
into market microstructure, stock trading patterns and computer artificial
intelligence. It provides investors with algorithm-based trading
strategies, objective and automated analysis for stocks, ETFs, mutual funds
and indices.
A quote from the
DeepInsight web site:
A neural network is a powerful modeling
tool that is able to capture and represent complex relationships. It can
compare existing stock-trading patterns with previous situations, analyze
all kind of indicators and eventually "learn" what works and what doesn't as
the program digests more data. The true power and advantage of neural
networks lies in their ability to digest a huge amount of data, find both
linear and non-linear relationships from trading patterns, and make deep
analytics that can never be accomplished by human analysts at the same time.
An expert system is a sophisticated computer program that can make
intelligent or best possible decisions by taking many related variables or
measurements into account. An expert system gets its intelligence from two
sources:
(1) Knowledge from human experts or tested rules, which are programmed to
the system.
(2) Dynamic learning via neural network technology and statistical analysis
on historical data.
Expert systems are suitable to handle complex but specific problems, such as
investment decisions, portfolio management, Stock/Bond/Currency trading,
weather forecasting, aircraft fly control and speech recognition etc.
Given enough data and computing power, an expert system can find the best
possible solution via exhaustive search and comparison. IBM's Deep Blue
(which defeated the reigning world's chess champion in 1997) is a perfect
example that how smart and powerful an expert system can be.
-
Cortex
Neural Network Software.
Another interesting neural net package.
-
NeuralWare.com.
NeuralWorks Predict is an
integrated, state-of-the-art tool for rapidly creating and deploying
prediction and classification applications. Predict combines neural
network technology with genetic algorithms, statistics, and fuzzy logic to
automatically find optimal or near-optimal solutions for a wide range of
problems. Predict incorporates years of modeling and analysis experience
gained from working with customers faced with a wide variety of analysis and
interpretation problems.
Predict requires no prior knowledge of
neural networks. With only minimal user involvement it addresses all the
issues associated with building robust models from available empirical data. Predict analyzes input data to
identify appropriate transforms, partitions the input data into training and
test sets, selects relevant input variables, and then constructs, trains,
and optimizes a neural network tailored to the problem. For advanced users,
Predict also offers direct access to all key training and network
parameters.
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OZGrid.com's List of Neural Net Software.
Here's
a nice list of neural net software for trading.
Continuing Education
-
Investopedia.com.
One of the best sites for stock
market terms and links to learn more about the terms.
-
TheStreet.com.
This is Cramer's site. "TheStreet
University" portion of the site is an excellent source of trading and
investing information.
-
InvestorWords.com.
A comprehensive financial glossary.
-
National Investing
Association. Great source of basic
investing information as well as information on investment clubs.
-
EliteTrader.com.
Lots of software and hardware reviews
and message board discussions.
-
JesseLivermore.com.
All about the man who many traders
believe was the greatest trader who ever lived.
-
TradersLibrary.com.
Lots of books, tapes and DVDs on
trading.
-
Lots of Trading &
Investing Links.
More links
(as if you don't have enough already).
-
Securities & Exchange
Commission.
On-Line Publications for Investors.
Paper Trading
-
Investopedia Simulator.
Create a free trading/investing
"competition" or join an existing "competition". This simulator supports equity and
options trading on all major U.S. exchanges, margin accounts, limit and stop
orders, corporate actions (splits, dividends, mergers, etc.). It also has an
excellent area for stock research and analysis.
-
StreetSage.
A virtual stock market that
simulates 25 years of investing in 10 weeks. The equities traded are
from fictional companies that generate fictional data and react to fictional
news.
-
The Stock Market Game.
A 10 week simulation that allows
participants to invest a hypothetical $100,000 in the stock market. It
is the only stock market simulation that is endorsed by the National Council
on Economic Education and is correlated to voluntary national standards in
math, economics, and business education.
-
Ninja Trader.
A free trade simulation platform that connects to Trade Station.
Miscellaneous
-
Movies & Books About
Finance.
Documentaries and
"regular" movies related to finance and trading. Biographies and books
for children too.
-
FinancialLinksOnLine.com.
Lots of links!
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