I believe that with equities and with currency pairs trading you need to do your due diligence on what it is you are buying and selling. However, recently I was introduced to Market Reckon that,if combined with your homework on what it is you are buying and selling, can augment your work and assist you when you should buy and sell. There is no substitute for doing your own homework, but after reviewing first the software that this website is based on and then being granted full access to the site to gain a better understanding of how the site operates, look at some historical stats and it also gave me a chance to gage some of the sites predictions for various equities and currency pairs.
First, I want to tell you a little about the software that Market Reckon is based on and the website is currently run by the same individuals who sold the proprietary software and after talking to them I feel confident that this platform will aid anyone who does their homework on equities and currency pairs and would like a tool to help them decide when to enter and exit positions. The software and now the website offer total customer service satisfaction. From my dealings with them I can attest that this is indeed the case and you will not be disappointed with their professionalism.
Now the basics of the software and now Market Reckon are based on a statistical technique called ARIMA, standing for Auto-Regression Integrated Moving Average. The statistical data goes back to 2000 so it includes part of the dot com bust and bear market that surrounded that time period, a bull market from the early 2000’s until the Great Recession of 2008 and 2009 and now through the current bull market we are currently experiencing now. While 14 years may seem limited it really encompasses some of the most dramatic movements in the markets over the last 25 years or so. As I went through and compared the websites buy and sell points and then looked up the corresponding values of the equities at that time they did a very good job of pointing out very good enter and exit points for particular equities. With currency pairs I noticed the same pattern of well-timed possible enter and exit points for your positions in the pairs. These points combined with a broader research of what it is you are trading can give you valuable insight into possible trends and points at which you would obtain an advantage to enter and exit positions.
Currently Market Reckon covers 20,000 stocks worldwide from about 17 markets including those in the US, Europe, Asia as well as many developing markets. The site makes it very easy to search specific markets for a particular equity or a general sector search. And from talking to the website’s owners they are still adding stocks to the system and will continue to develop it so it can possibly entail all traded equities at some point in the future. As for currency traders the website covers about 150 currency pairs and they do cover all the major currency pairs and also will be adding additional pairings until they have expanded it to cover the majority of all currency trading pairs.
As I have stated the use of Market Reckon combined with your traditional homework on almost any equity or currency pair can lead to some great profits for any user. In time, and as the developers continue to add equities and currency pairs, I can see Market Reckon as becoming a one stop shop for all your trading needs. It is easy to use, has great customer service and from what I can tell the historical data has shown that it is accurate in its predictions of buying and selling points. Combine this powerful trading tool with your homework and soon you should be making well timed trades using some powerful historical data to help predict what could happen in future markets. Go to Market Reckon for further information and contact them if you have any questions as I have found them very professional and fast to respond to any and all questions and concerns.