Recently I received an email from an old member trying to make heads or tails out of the many strategies I have created out of the years. In short, he owns some of the below strategies, doesn’t really quite know what he has, and is not wondering what the differences are. Incidentally, I hope he soon learns what he does have because he has a collection of very powerful trading tools and strategies. Time to deploy them!
Here are our two email exchanges. I figured it would be easiest just to present both emails as they were; his inquiry and my response:
I have a quick question. I am now super-confused on the various tools available to me – specifically, which is best for which type of trading / market. At this point, I own CPT and SPT through NetPicks and I recently purchased CPX2 through BackpackTrader (for which I somehow missed that it’s not available for ToS) and then there is also Catapult. Any chance you have a “cheat sheet” comparing the various solutions or providing some guidance?
I’m always creating stuff. I have people that completely love each of these strategies all for different reasons. What type of trading do you like to do? I can make some suggestions for you.
I hope this email helps. Feel free to follow up with me anytime. I’m happy to help you with your trading.