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Old 04-27-2007, 01:39 PM
maaakri maaakri is offline
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Join Date: Nov 2006
Posts: 8
An interesting tool - StrategyDesk from Ameritrade

I stumbled accidently on this new tool in my Ameritrade account. It might be pretty amazing, it might also be useles...

The promise of this tool is this:
You can create rules based on our 3 Greens to get in, 2 Reds to get out. Then, you can backtest stocks by applying this rule. Once you are happy with the backtest, you can even setup automatic trading based on these rules!

What they claim is the ultimate dream of Rule1 investors. you don't even need to spend 15 minutes a week- just tell it to follow Rule1 and the software will do it for you!

The reality is this:
This tool was built by people with no exposure to UI design. They have little documentation and I'm not fully convinced that their backtesting engine works as expected.

Those of you who have Ameritrade, try it out yourself and come back here and share what you found. If we can make it work, then this could be a great tool to automate rule1.

You can find out more about it by searching for StrategyDesk in Google.
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