TITANTRADING.COM
TITANTRADING.COM
Where is the market going in the next few days? We would all like to know, and the new online market commentary service from Titan Trading Analytics may help us get an idea. In fact, looking at its historical performance on the Nasdaq Composite from June 2000 to August 2001, it's evident the service has often come very close to accurately predicting short-term market movements.
Figure 1: Titantrading.com
The Canadian-based company was founded by Michael Paauwe in 1994. Five years and $3 million later, Titan Trading has released a sophisticated and profitable trading system intended for brokers, professional traders, and financial institutions. Their buy and sell signals are based on neural network indicators and have an average holding period of six days. These systems are applied to the Standard & Poor's 500 cash index, the New York Stock Exchange (NYSE), and NASDAQ markets.
Figure 2: Titan's performance. From January 2000 to August 2001, the system displayed an impressive equity curve.
For $200/year or $25/month you receive a daily market commentary that discusses the general market as well as specific stocks, giving instructions on what action to take when a signal appears. The system works in both upward and downward-trending markets. Judging by the performance of their equity curve, this may be a system worth considering. The issue, of course, is whether you are comfortable following a trading system blindly. Because of that, some of you may prefer to create your own trading systems.
-- Jayanthi Gopalakrishnan, Editor
Originally published in the April 2002 issue of Technical Analysis of STOCKS & COMMODITIES magazine. All rights reserved. © Copyright 2002, Technical Analysis, Inc.