Many developing traders think or believe that they can acquire secret information and that by acquiring this information that somehow they'll develop into phenomenal traders. Unfortunately, this insatiable race to learn more often creates half-hearted efforts that are unlikely to produce solid return and over time the tendency of this approach is to leave traders more confused. Based on my experience, I believe that a better approach is to do a self-assessment and identify your strongest areas. You want to be the best at what you do, whatever that is. Eliminate the noise and eliminate the distractions. Research and development should always be aligned with core strengths identified, and it should be pursued over time and with a concentration.
Execute. Execute your plans. A good plan is worthless without a solid execution and by the same token, an average plan can be golden with a great execution. Our software is all about helping traders to execute and that's where we're strongest. AlphaReveal is unique because it was developed from the ground up with a no compromise mindset to meet the demands of professional discretionary traders.
Our software is really different from other "order flow products" on the market because we developed with it such a strong concentration on execution. And, that really differentiates our product and it's something you need to experience to fully understand. The second feature that really differentiates our product from older first generation order flow software is our depth analysis (also known as order book & Level 2). No other order flow software on the market today provides such a comprehensive and integrated analysis.
This combination of advanced order book analytics and order flow analysis provides the trader a superior view into the internal market dynamics that would be impossible using other order flow software.
Tuesday, March 05, 2013 1:10:00 AM