AK47 v2.0 – Record-Keeping and Risk Management Software by Dr. Alexander Elder, Kerry Lovvorn, and Jeff Parker

AK47 v2.0 – Record-Keeping & Risk Management Software
Kerry Lovvorn, and Jeff Parker

 
For Microsoft Outlook 2010 and 2007

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 to trades and manage risk. With regular use, AK47 will help you grow and become a better trader.

AK47 version 2.0 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 2.0 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: v2 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!
AK47 will work for any stock market in any country.