IMPORTANT: Before buying a trading system software, ask yourself the following questions. You should understand these issues before making any purchasing. (Note: text and audio parts may or may not be the same)
Beware of indicator software programs (colored lights/bars) that do not offer back testing capability.
Back testing is the only way to validate the signal algorithm. How can anyone trust colored bars/lights
or whatever indications that have no back testing validation.
If you blindly follow unproven signals, you are just shooting in the dark. It will be very costly.
Ablesys software offers back testing capability.
You can validate the signals and strategies before you risk any hard-earned money.
Trading with back tested strategies is the best way humanly possible to trade in the market.
Beware of software programs that do not offer stop values.
The software is actually useless if it does not offer stop values for risk management.
Your risk in trading will be enormous. Please note that the traditional stop values
with a fixed percentage or fixed dollar amount are not appropriate
since market price actions will never follow those arbitrary ideas.
The stop values should be dynamically trailing the trend movement.
The stop values should be determined by the market price volatility and the nature of price actions,
not arbitrary ideas. They should be proven to be winning with back testing before you can consider using them.
Ablesys software offers dynamic stop values according to market price actions and those stops are offered in real time,
tick by tick and bar by bar.
Beware of a "specially designed program" that is working very well for a particular market and a particular time interval.
There is a very high likelihood that the program is curve-fitting the historical data.
You need to select a system that works in any market and any time interval
so the software vendor does not even have a chance to curve-fit the data.
Ablesys software is universal and non curve-fitting.
It works in any market with any time interval.
Beware of trading software that is offering you the "materials", "parts", "tools", and asking you to build a "car" yourself.
The software program that traders really need is a "car" which is already tested and ready to drive.
Most people only need to learn how to drive a car, but not how to build one.
Traders should focus on how to use the system to trade, not how to build a system.
Ablesys software is a ready-to-use system that has no need to program.
Nonetheless, it has the flexibility to let you change the configurations to match your trading styles.
Beware of softwares with new break-through ideas. Market situations change all the time.
Whenever you select software, you need to make sure that the software has been time-tested
and it works on both bull and bear markets for a long time.
Ablesys software has been time-tested for more than ten years and it has also been market-tested,
e.g. bull market, bear market and any market in between.
Beware of complicated settings and rules. Many software programs are not designed by traders.
They are based on arbitrary ideas and typically they are very complicated. You need to be a scientist to use them.
Traders need to make trading decisions based on the most critical indications and simple rules.
Traders should focus on the trades instead of complicated settings and rules.
Ablesys software offers very simple, straightforward and focused indications.
The signals are color-coded. They are also coupled with sound alerts and you can even send them out via an e-mail.
The rules are very clear and easy-to-follow.
Beware of the fact that most traders lose money in trading. Trading is not for everyone.
Trading is a zero sum game.
You must be well prepared with your capital, your knowledge,
your trading plan and your trading tools before you put yourself into the game of trading.
Ablesys software offers objective entry points and stop placements.
It helps you manage the risks and emotions.
It is a platform for a disciplined trader.
Beware of attempts to pick tops or bottoms. When a trend is on its way, NO one can stop it.
Follow the trends. DO NOT try to pick tops or bottoms. It is very risky to pick tops or bottoms.
The market can go higher than what you think is a top.
It is easy to think and hope, but it is very risky to actually do it.
Ablesys software uses a trend-following algorithm.
It helps traders follow the trend with dynamic stops to manage the risk in trading.
Beware of fighting a war without a plan. Fighting a war without a plan is equivalent to suicide.
You must have a trading plan before you make any trades.
Do not change your plan during the session unless you have a very good reason.
Ablesys software has the risk built-in management and money management features.
It helps to remove your guesswork and emotion in trading.
The strategies and signals can be used as the important part of your overall trading plan.
Beware of trading under the influence of market impulse. Market impulse is dangerous.
Discipline, Discipline and Discipline. Avoid market impulse in trading.
There are always good setups for good trades. Never chase the market movement.
Always follow your pre-defined and well-tested entry rules and exit rules.
Ablesys software offers real time stops as guidance to help you manage your trades.
The detailed settings and signals are objective so emotions and market impulses can be removed
if you follow the signals with discipline.
Beware of an inability to cut losses short. Why do some people lose big? It is mainly because they cannot cut losses short.
Some traders still keep the losing trades alive and hope the market will turn to their favor.
In fact, many experienced traders say if a position goes against you with a few bars, get out!
Ablesys software offers dynamic stops to manage your initial risks and ongoing risks.
Beware of an inability to let profits run. Most traders win small but lose big.
You need to learn to let profits run. This rule is even harder to follow.
Most people arbitrarily place stops by $500 or $1,000.
You need a sound trading system and a set of proven strategies to manage your trades.
You should know what the average winning trade was, and what the largest winning trade was in the past.
Therefore, you will be able to stay on the winning course long enough and not over stay it.
Ablesys software offers dynamic stops for you to stay in a trade as long as the trend holds.
Some trading software claims 80% accuracy. Our question is: 80% accuracy of what? You should ask yourself the same question.
Many software companies use some common "tricks" to make this claim. They either forecast an average value or use "in sample" data for their forecasts.
This is highly misleading. First, average value means nothing in a specific trade. Prices might fall first, then go up. Or prices might rise first, then go down to reach the same average value.
"In sample" data means the data that's being forecasted is itself used in the forecasting calculations! This might seem complicated, but its meaning is simple: when this type of forecasting is applied to actual data to forecast future price movements, it will fail.
Beware of the absence of an intelligent Money Management (MM) strategy.
Money Management is the most important element in trading.
You must know when and how to increase or decrease your trading sizes (number of contracts or shares).
Never add positions or "average down" to a losing trade. Learn the basic math and calculations of scientific MM strategies.
Ablesys software has three levels of money management. The first level is dynamic stops. They manage your trade in real time,
and keep you in a trade with the money you have made from the market. Therefore, you have an opportunity to gain more.
The second level is the eASCTrendSig indicator. This bonus indicator will offer the best time to increase or decrease your position
so that you can take full advantage of the strength of a trend.
Both level one and level two Money Managements are trade-oriented and they are included in the basic versions of the software.
The third level of money management is account equity-oriented.
It is an optional module that can be used to scale up or scale down your position size according to your account buying power.
lf into a war zone without proper training.
Trading is one of the most difficult activity in the world. If it were so effortlessly simple, then everyone would be trading.
The more training you have, the higher the possibility you will be successful.
Ablesys has made extra efforts to make your learning experience exceptional.
We offer a very detailed Manual and in-program Help.
The Help has very extensive graphic illustrations and is content sensitive. The Help can be searched easily.
The Help offers links to relevant video clips that will show you
how to use the program with screen captures of the software operation.
There are also many trading related resources inside the member login area.
We also offer one-on-one trading consultation for beginners.
The services mentioned above are all FREE.