How is the “Odds Maker” different from TradeStation, MetaStock, Wealthlab, or other products that let you backtest strategies?
These products generate their share of followers and are good tools for a particular type of trader that prefers creating formulas and programming detailed code with which to test strategy. These tools are difficult to use and frustrate most people who can’t get past the manual. We understand how hard it is to program and backtest. We avoid this approach that uses a micrometer to measure a mudpuddle. The Odds Maker’s strength is in its simplicity to use – a design mantra we always adhere to. Additionally in those products you test ‘single securities or complete portfolios’. The Odds Maker evaluates the entire market, meaning multiple stocks at the same time. Right away you will know if your strategy set-up produces high probabilities of winning trades given the current and most recent market conditions. Finally the way the Odds Maker is priced generates value to our customer. Some of the other products require a subscription to use the service. The Odds Maker is a one-time cost that gr
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