jpb Veteran   Posts: 168 Joined: 5/11/2005 Location: Brown Deer, WI  User Profile | tradermike, When you acquire RocketTrade, the download is HRS. This download is the same as what you'd download today if you just went to HRS and downloaded it, but it is different than when HRS was originally released. So, I believe they changed the asset you download as HRS. RocketTrade is really an educational set of content on how Ed's been trading HRS since October live against several accounts and producing huge results. So, in the course, you see how Ed prospects, how he manages the positions, and how he manages risk to produce the results he has. It is a great set of discussion and the 3rd session on Risk includes a discussion of using UVXY as a hedge. That discussion includes both Ed's and LB Newby's real world use of it. Now, as for differences between the original HRS package and what I'll call the new HRS package, there are a number: - Ed abandoned a few of the OmniScan lists while adding several new lists. A few of the new lists have the same name as the original set of lists. One major change Ed did was to add Cap Size to the lists and filter based on that. He uses different lists for different types of prospecting. - In the original HRS, there is an Adaptive stop (located in the Stops directory under VBA). Ed revised this stop. This stop was used in all 4 strategies of the original HRS package. So, if you update the HRS package to the new version, you will suddenly get a different Adaptive stop set of logic with HRS Breakout, HRS PullBack, and HRS Reversal. - The final change I've seen is that the 4th strategy HRS Trend has changed -- particularly in the TradePlan. It used to have the Adaptive stop in it. That has been replaced and no longer uses the Adaptive stop. For me personally, I found the RocketTrade material to be beneficial on how Ed used the tools to produce impressive results and the hedge discussion between Ed and LB. However, I prefer to create mechanical trading systems and use ATM and AT to run the systems -- removing all emotion. So, for my ATM method, I actually like the original Adaptive stop better than the new version (so, I created a copy before installing the new HRS package called Adaptive 1. I also made a copy of all the strategies and renamed all the OmniScans before installing the new HRS package so I had a complete system that I could compare lists, strategies, and stops against -- adopting improvements and not breaking what I've tested to date. | |
