AK47 3.0 (+ v 3.3)
Record-Keeping & Risk Management Software
Dr Alexander Elder, Kerry Lovvorn, and Jeff Parker (Author)
Not fully compatible with Outlook 2013.
We plan to phase out AK47, and recommend using Trade Journal at www.spiketrade.com
For Microsoft Outlook 2010 and 2007. AK47 will work for any stock market in any country. It is written for PCs and will work on a Mac only if you run it in emulation mode, using Outlook for Windows,
Documenting your trades is the single best method for improving your performance, yet amazingly few people do it.
AK47 will help you make record-keeping much simpler and easier. It will also help you allocate capital and manage risk. With regular use, AK47 will help you grow and become a better trader.
AK47 version 3.3 is a major step forward in record-keeping for serious traders. It retains all the key features of previous versions:
* a record-keeping album
* trade classification
* risk management with alerts
* tracking your equity curve and account statistics
* A decision-making tree with user-defined checklists
* Support for multiple accounts and enhanced printing Version 3.0 adds these new features:
* All types of trading vehicles are now supported (not only stocks but also options, futures, and forex (note: only directional trades, not spreads or straddles)
* Full support for Outlook 2010
* Equity curve customization: track it for any date range, instrument, or direction
* Learn from your losses: v3.3 can highlight the trades that exceed user-set parameters
* A trade grade curve
Consistently documenting your trades will help you control gains and losses as well as uncover your mistakes and correct them. We have designed AK47 like a weapon: simple, reliable, and deadly to the enemy (the greatest of which are sloth and inertia). Perhaps you will even find it fun to use!
BOOKS, SOFTWARE, VIDEOS
There is a body of knowledge in trading that every serious participant needs to master.
Books by Dr. Elder are among the most popular in the world. All have Study Guides, to help you sharpen your skills. All can be personally autographed. We also offer books by some of the authors that Dr Elder likes and respects.
Software: add Dr Elder’s studies to the program of your choice. We also offer software for traders’ recordkeeping.
Our videos take you inside the trading process and teach decision-making. Some focus on specific indicators or trading techniques. Others have been filmed on location, in Traders’ Camps, featuring our top instructors, including Dr. Elder. They offer you a window into professional trading rooms. All our videos have been created by a top video team.
