I’m sure a few of you are familiar with Shadow Trader from their weekly videos, Red Option subscription service, and their daily thinkorswim chat room commentary. This morning, the folks at ST have released a new service aimed at daytraders called TradeStreamLive.
Shadow Trader’s TradeStreamLive is a cutting edge, revolutionary service that generates automated, real-time, trade-navigated suggestions complete with defined entry levels, defined stop-loss levels, and defined exit levels that are instantly calculated and streamed to you live in real time with specific audio prompts. Our proprietary algorithms, built by a group of successful traders, combines many years of experience and knowledge acquired by a team of professional traders from varied sectors of the market. This team then put forth their own trading models, triggers, and risk management rules to a group of very talented financial programmers who combined them into the most accurate and sophisticated trade identification and risk management system available today.
Here’s a demo of their streaming service for those interested.
While I can’t comment on how well the service works since it’s been released a total of 8 hours, I will say that for those interested, TradeStreamLive is offering free trials for those interested. Normally, the free trial offer is good for a 10 day period; however, with the system being released to the general public after months of internal testing, it appears that the free trial period during this beta phase will last most of, if not, the entire month of April.
Once the free trial period has ended, TSL has a few different pricing options. For thinkorswim clients, TSL offers a monthly subscription price of $75 or a yearly subscription at $750, a savings of $150 (or two months free as they advertise). For those not in thinkorswim, the monthly and yearly prices are $95 and $950, respectively.
I have high hopes for TSL seeing as how my experiences with Red Option and Shadow Trader have been nothing short of wonderful. Those guys have set the bar pretty high with their previous subscription services but I have no doubts that their newest system, TSL, will vault over that bar with ease.
I’ve already signed up for the free trial. For those day traders around here, I’ll have a more thorough evaluation once the system’s fully functional.