Quote from K89:
Maverick74,
Sorry about that ...loose fingers...
I think OptionVue is a great product, especially for someone like yourself who understands enough about inputs to be able to ask the right questions of the program. And for historical analysis it is a very complete program.
The product that I tested has a simplicity/effectiveness quotient that is quite remarkable and will help the average trader avoid entering into a trade simply because he is trying to impose the strategy he is used to onto the marketplace. As I recall you only enter around 5 parameters such as:symbol, outlook (bullish, bearish, volatile, non volatile, etc)
capital commitment, Max % loss tolerance, time frame, etc, and it will find and rank the 10 best strategies in order of highest reward/lowest risk, highest probability, using real time prices. The cool thing about it is that the vocabulary of positions in its arsenal is quite sophisticated. It might recommend an iron butterfly, or an iron albatross, or other complex positions as the best way to achieve your investment goals. And if you like the position you are only a click away from execution as it can integrate with execution platforms. I looked at the recommendations that it came up with and was astounded to find that it did a better job than I could at finding the best strategy to take advantage of a market outlook. It is sort like a really good chess program (that always beats the pants off you.)
