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Updates to the Position Sizer – new version 3.9 beta 1

  1. Added zigzag based pivot mode for stops and entries.
  2. Added x-period high/low mode for stops and entries.
  3. Added lookup table for futures margin requirements so instead of using a percentage of the total notional contract value, futures can now use actual hard-coded initial margin requirements. If the margins change in the future they can be easily updated in the code after line 478.
  4. Rearranged inputs to be more streamlined and quicker to manage and change.

New users can get the latest version here, and prior purchasers can download the latest update for free, as always, in the My Account > Orders > View order details page on the site (just reset your password to login if you’ve forgotten it).

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Tools for the Independent Trader + Digital Nomad

tools for traders

Traders tend to be independent, entrepreneurial people in my experience. If you’re like me, you might find these services to fit your needs:

Track Finances

Personal Capital – track your net worth, learn to manage your personal balance sheet and cash flow. I like it better than Intuit’s Mint.com.

Financial Freedom Calculator – find out how soon you can safely retire based on your current expenses and savings rate.

Intuit TurboTax – makes it easy to import trades from multiple brokers. Saves me a TON of time.

Increase Income / Invest

Tradervue.com – simply the best trade journal application, period. I’ve tried them all as far as I know. This one works with basically every brokerage’s data, and has all the features you need to analyze your trading systems and tweak them to perfection.

Goldmoney.com – fully allocated, segregated gold ownership and storage. Store your gold in a Brinks or Loomis vault in Switzerland or elsewhere. Spend your gold with a prepaid debit Mastercard. Store gold, silver, platinum, and palladium in private vaults all over the world at low yearly fees. Great apps and website. I believe it’s important to have at least a small percentage of your net worth tucked away in gold for a rainy day, and these guys are my choice for doing that.

Mene.com – investment grade 24k (.999 fine) gold and platinum jewelry and gifts. Full price transparency, which I love. Owned and co-founded by the folks at Goldmoney. I believe it’s important to have at least a small percentage of your net worth tucked away in gold for a rainy day, and these 2 companies are my choice for doing that.

RealVision – macro economic intelligence. So much better than CNN.

Worthy – 5% bonds backed by small business inventory.

FinBox.com – great platform for doing custom calculations on historical fundamental data. Has a spreadsheet plugin for Excel and Google Sheets allowing lots of customization options.

FinViz.com – nice screeners and other tools for building custom lists of stocks based on whatever fundamental criteria you like.

TradingView – secondary online charting platform. I use this for quick checks throughout the day of how the indices are performing, breadth, etc. I also have a version of my Relative Volume indicator for TradingView so I can analyze a chart quickly in my web browser.

Reduce Expenses

MintMobile – unlimited talk & text and 3GB 4G LTE data for $15/mo. for US customers. Bring your own phone or buy one of theirs. This is a no nonsense mobile phone company that gives you a bulk discount for prepaying longer terms. That’s how I think … buying in bulk to save … and I hate bait and switch scams, so I love this company’s up front prepaid pricing and simple interface. My wife and I both prepay our full year of service each year for $180, or $15/month, but you can try their promo for 1-3 months and see if you like it first. I’ve never hit the limit on data because I’m at my desk on WiFi so much, but they have bigger plans for people who need more data. Also works internationally outside the US.

Hold Down the Fort

Sync.com – End-to-end encrypted, zero-knowledge cloud storage provider based in Canada. Reasonable prices and easy to use.

Tresorit.com – End-to-end encrypted, zero-knowledge cloud storage provider based in Switzerland. Premium prices but sometimes you get what you pay for. And I like sticking with Swiss companies generally.

ProtonMail.com – End-to-end encrypted, zero-knowledge email provider based in Switzerland. I use this for my personal and business email. I used this to partially escape the Google / Gmail data machine awhile back.

ProtonVPN.com – Secure tunnel for your internet connection from the Swiss company ProtonMail. I use this for my computers and smart phones.

Privacy.com – Secure your online credit card transactions by masking them and gaining full control over spend limits and more.

A2Hosting – Fast WordPress hosting

NameSilo – No nonsense domain registrar with free WHOIS privacy and several other nice standard features.

Stay Fit and Keep Your Trading Psychology in Order

Planet Fitness – nice clean gyms with all the essentials and great prices.

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Relative Volume now includes Zanger Volume!

Just a quick update to let everyone know that the current version of the Relative Volume indicator now comes with my latest implementation of “Zanger Volume”. This concept is used by Dan Zanger, and the idea is that you can look at the current intraday cumulative volume at any particular time of day, and compare that to the average cumulative volume that has usually traded by that time of day in the past. I’ve had several requests for this indicator in the past so I finally decided to put in some effort and finish the version I started years ago. Here’s what it looks like:

Zanger Volume Indicator for Thinkorswim
Zanger Volume Indicator for Thinkorswim (Shows cumulative intraday volume compared to average cumulative intraday volume).

Prior RelVol purchasers can get free access to this bonus when you log into the My Account / Orders / View Order Details area of the site.

New customers can get the whole RelVol package with the Zanger Volume bonus here:

https://easycators.com/relvol

Hope you find that useful!

Thanks guys and gals!

-Josiah