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Option trading lends itself well to probability calculations since option pricing uses similar statistical concepts. The probability tools in Platinum can be particularly valuable to a multi-leg position where the parallels between pricing and statistics are a little more challenging to quickly calculate. If nothing else, these tools can provide a reality check for positions that are very low probability, but can be included as part of your overall trade portfolio. A more in-depth series of articles on Platinum probability tools appears in my Analytical Toolbox article series, most of which were co-written with John Broussard. ...
Read a trader’s opinion of an application that uses technical analysis to spot stock opportunities. Despite its lack of customization, it’s impressive for what it is. Developer: missing STEP Price: $19.99 Version: 1.0 Integration Rating: Features Rating: Value Rating: Overall Rating: Reviewer’s note: this review contains trader jargon that non-traders may not understand. This is a serious application that requires close scrutiny, as it is offering a number of patterns that could lead to risk reward in the market. If you’re looking for a stock screener or a ... Read More
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