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New Releases, Site Changes, Transparency

First things first: I’ve been lazy lately when it comes to the site, but mostly because I have an extreme one track mind and my focus lately has been on my own trading instead of maintaining the site. The good news is that over the past week I had a chance to get into gear and clean up some things around here.

I also finally got around to posting the new thinkorswim earnings tool I’ve been working on for anyone that’s interested in that. It comes with 2 columns that show the days until earnings, and the actual date of earnings, and then 2 indicators that show labels with your current charted stock’s earnings date and days until earnings, and highlight the chart’s background when you’re approaching the earnings release date. Here’s a quick example:

Next Earnings Early Warning Indicator Thinkorswim
Next Earnings Early Warning Indicator Thinkorswim

Secondly, I’ve posted some new thinkorswim tutorial videos on the Youtube channel and plan to try to post on there fairly often, so if you’re not subscribed go check out the Youtube channel. While you’re at it, I also have a Twitter, Facebook, and Google Plus page where I sometimes post coupon codes, trades, and product announcements and updates.

One other improvement I’ve been making around here is that I’ve been trying to incorporate my own trade journal into the site in case it can be of any help to any struggling traders out there. Trading is a tough business, and cutting losses is the primary job description, so sometimes my trading journal doesn’t look pretty. Trading is a statistical game where over a large sample of trades, if your system works, you end up with more funds than you started with. Not every trade will work — in fact most won’t, generally — which is why you have to trade with a good risk/reward ratio and a solid trade management plan. I make no claims to trading perfection, and that is why I’m sharing my trading journal … to keep myself honest and transparent, and to show traders that you don’t have to be right all the time to make money, you just have to work an edge consistently. So with that in mind, here are my latest trades, and they will also show up along the sidebar on the blog section of the website…

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How to Trade 52-Week Highs & Lows in ThinkOrSwim with the Yearly Reclimb % Indicator

 

Download here: https://easycators.com/product/52-week-high-low-scan-watchlist-column-for-thinkorswim/

This is a custom quote column or watchlist column for ThinkOrSwim that shows the percentage that a stock in your list has reclimbed from the 52 week low toward the 52 week high. So if the yearly high is $100 and the yearly low is $0, and if the stock is currently trading at $60, then the yearly reclimb indicator would show 0.6 for 60% of the year’s range.

This ThinkOrSwim indicator helps you sort your watchlist by yearly low-to-high reclimb, and find either stocks that are about to break out over their 52-week highs, or bottom-pick value stocks that are trading at or near their 52-week lows.

Find out more and download this ThinkOrSwim indicator/watchlist column here:
https://easycators.com/product/52-week-high-low-scan-watchlist-column-for-thinkorswim/

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How to Trade Daily Pullbacks with The Pullback % Indicator for ThinkOrSwim

Download here: http://easycators.com/product/thinkorswim-pullback-indicator-custom-quote-column/

This video shows you how to sort stocks in your ThinkOrSwim watchlist by the % it has pulled back from the day’s extreme. So if it is a red day, the pullback % would be from the low of the day: a 2% reading would mean that the stock has pulled back off the low of the day toward the high by 2% of the day’s range. If it is a green day, a 5% reading would mean that the stock has pulled back 5% from the day’s high.

This ThinkOrSwim indicator column gives you a good way to sort and find stocks that are pulling back and giving a more attractive entry location. You can also use it to spot stocks trading at or near their daily highs or lows, and that might be ready to breakout to the upside for a long trade, or breakdown to the downside for a short.

Find out more and download the indicator here: http://easycators.com/product/thinkorswim-pullback-indicator-custom-quote-column/