Is anyone using Trade Tool?

tom

Well-known member
Administrator
I started a new forum for Trade Tool.

What are your thoughts about this tool?

I'm going to give it a try to see if it is a suitable replacement for OptionVue.
 

status1

Active member
I gave it a try but I did not see weekly options so it's no use for me so I canceled my free subscribtion
 

tom

Well-known member
Administrator
Interesting. I'll ask Rance about weekly options. That seems like it is an essential requirement.
 

tom

Well-known member
Administrator
Try this:

 

tosfan

New member
I tried the tool for a while and it seems versatile and intuitive. One good thing is that it is web-based, nothing to install on a PC. I noticed as well that it doesn't support weekly options. Also in backtesting it only provides end-of-day options data, no intraday increments. I checked with their support team and they confirmed it. So far I have used on ONE for backtesting, it allows 5-minute increments.
 

tom

Well-known member
Administrator
Rance showed me the SPX options chain with weekly options in his dev platform. It took something like 10-seconds to load, which he said was way too slow but they have a plan to vastly increase the speed. After the speed is ok, they will roll it out to everyone.

OptionVue had 15-minute back testing increments. At this point, ONE has the best back tester.
 

Steve G

New member
Could I please get people's thoughts on using TradeTool/Choice Trade for trade analysis vs. using something like ONE? I tend to trade Amy Meisner's AIC, some Box Cars, and some of John Locke's X4 trades and currently enter them into ONE upon entry and then evaluate my possible adjustments in ONE and of course track the trades through completion and then be able to pull reports on the various types of campaign trades I have made to see what is working and how well it works.

For these types of needs how do people feel that TradeTool might compare to ONE? While I like the functionality of ONE - I am on a Mac and it is PC only, and it just feels CLUNKY.
 

status1

Active member
I am not sure you can compare the TradeTool to ONE
Last time I checked they don't have weekly options so you are limited to monthly options for comparison
Also I did not hear any updates if SPX is available on the TradeTool
I would say stick with the functionality of ONE even though it's CLUNKY rather than have speed with less functionality
 

Steve G

New member
I am looking at their demo right now and I do see both SPX and Weekly options - so this issues might have been addressed at this point - your right - if they did NOT have either of those - that would be a deal breaker for me.
 
Top
Contact Us