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Getting Started with OmniTrader 2002

Upgrade Customers:
If you are upgrading from a previous version of OmniTrader, you will want to follow the link on the right, titled Upgrading to 2002. This presentation will cover the steps you will want to take to upgrade from a prior release of OmniTrader, going back to version 4.0. Then, review the presentation entitled, What's New in 2002 for an overview on how to use the new features.

Go to our Technical Support page, which contains news about current releases and other important topics.

New Customers:
OmniTrader is designed to find trading candidates quickly through its unique automated process. But OmniTrader has a wealth of features that go much deeper than this. Somewhat like the layers of an onion, you will discover more features that will improve your results as you learn about the software.

Tutorials

Upgrading to 2002

  • Setup Your Data Connection
  • Copy Profiles (prior version)
  • Copy Portfolio (prior version)
  • Can I use prior versions?

What's New in 2002

  • Swing Profile
  • Drawing Tools
  • Eighths Tool
  • System Confirmation
  • System Entries & Exits
  • Improvements for Real Time
  • How to use the new features


Use the Tutorials on this page to educate yourself on basic operation, and then work through the more advanced topics. The Tutorials are updated regularly, and you will see news and additional information presented there, provided you are connected to the internet.



New to Trading?
If you are new to the art of trading, please get a copy of Market Wizards by Jack D. Schwagger and read how the really successful traders made their millions. I have summarized the most important lessons from the book below, The Keys to Profitable Trading.
  1. Wait for the right set up. Use the statistics and specialty profiles in OmniTrader to prospect with, and also use the Trend Line Alert tool to alert you when candidates cross important boundaries in the chart.

  2. Cut your losses and let your profits run. Use the new Eighths Tool in OmniTrader to establish rational stops on your trades.

  3. Improve your skill. OmniTrader is the only program that comes with a built-in trading simulator, Game Mode, so you can practice the art and refine your skill and confidence.
 


Market Wizards by Jack D. Schwagger is available in book stores, or you may order it on-line by clicking here.

Use OmniTrader to apply a methodical approach to trading, as you improve your skill. This is the path that will lead to your ultimate success.

You have in your hands, and on your computer, the best software in the world to help you WIN in the markets. We want to be your trading partner. If you have not already done so, be sure to visit our educational web site, SignalWatch, where we post Daily Market Direction, Daily Buy and Sell Signal examples we have discovered through our own use of OmniTrader, and Daily Trading Examples.

There has never been a better time to Trade the Moves. We're here to help you win.



A Letter from the CEO

Greetings!

We are very excited about this new release of OmniTrader for 2002.

The opportunity to profit from trading in today's markets is ENORMOUS. We are seeing moves that are happening in a matter of weeks that used to take months or even years back in the seventies. This is why our principle theme is "Trade the Moves." Stocks that move 10% and more are literally everywhere.


Ed Downs
CEO and Founder
of Nirvana Systems, Inc.

OmniTrader is the result of over ten years of intense development. Each of the program's many features is centered around the concepts of automation and trading signal confirmation - the two ingredients which I believe are critical for success. You need good candidates, and you need to make sure the trades you are placing have the best potential for success as is possible.

In this brief introduction, I want to share several principles which I believe will help you on your path to trading success..

The Art of Trading
By itself, OmniTrader is not going to make you successful. It will, however, empower you to be successful by giving you the tools you need to find and trade the best possible candidates. You may want to read the Testimonials on our OmniTrader site. We know that a large percentage of our customer base is winning with this software, and you can too!

The most important point our users make is, take it slow. Learn how the software works. Play Trading Games and practice money management on your trades using the new Eighths Tool (see What's New in 2002). This will help you build confidence as you learn how the software works. Finally, run Lab Mode sessions to gain confidence in the power of diversification - holding multiple positions and trading both sides of the market, Long and Short. Soon, the "light" will go on.

Our goal is to help you be successful in your trading. Good luck..

Sincerely,



Ed Downs
CEO, Nirvana Systems, Inc.


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OmniTrader, VisualTrader, ARM2, and SignalWatch are trademarks of:

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