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1. Jesse Livermores Secret To Success

2. Home page investor image explanation

3. The great crash 1929

4. Dear NewBie Investor

5. How Wall Street works

6. How to win in the stock market

7. Commandments to follow

8. 10 Rules for Investing

9. How to survive a stock market crash

10. William J ONeil, CANSLIM

11. Barry Ritholtz keep it simple stupid

12. Gerald Loeb how to win

13. Paul Tudor Jones II

14. Felix Zulauf

15. Sir John Templton

16. Warren Buffett

17. Reading the tape

18. Indicators Introduction

19. Richard Ney method

20. Richard Wyckoff method

21. Richard Wyckoff Waves of Price and Volume

22. Richard Wyckoff is a success story

23. Richard Wyckoff logic not working, this maybe why?

24. Richard Wyckoff studied Jesse Livermore

25. Bob Evans, renowned Wyckoff teacher

26. Tim Ord, Secret Science of Price and Volume

27. William Gann method

28. William Gann life story

29. William Gann Law of Vibration

30. Jim Hurst method

31. Wyckoff method improved1

32. Wyckoff method improved2

33. Original Wyckoff and Wyckoff 2.0

34. Wyckoff 2.0 vs Others

35. Wyckoff 2.0 and Volume Spread Analysis

36. Powerful Patterns

37. Elliot Waves

38. Price Action

39. Market Statistics

40. Cycles for short term speculation

41. Stop Loss methods

42. Alpha Stock Scanner

43. Swing Scanner

44. Flash Charts

45. RTT Market Timer

46. RTT Wyckoff Short Term model

47. Chart Drawing Tools

48. Standard Indicators

49. Proprietary Indicators (PI)

50. Multi Time Frame (PI)

51. PI: RTT TrendStatus

52. PI: RTT Squeeze

53. PI: RTT TrendPower OBV

54. PI: RTT On Balance Volume

55. PI: RTT VolumeWave

56. PI: RTT Rainbow Bands

57. PI: RTT Volume

58. PI: RTT MarketPulse

59. PI: RTT Steps of Cause and Effect

60. PI: RTT Wyckoff Strength Weakness

61. PI: RTT Wyckoff Price Waves

62. PI: Proprietary Indicators Caution

63. What we do - 1st

64. What we do - 2nd


Indicator Library
Alpha Stock Scanner

What is Alpha within portfolio theory?

Simply it is the excess return of the portfolio (selected stocks) over a benchmark (selected index). By example if the SP500 returns 10% for the year, and your portfolio returns 15% then you have achieved 5% 'alpha'. This calculation can get more complicated when adjusting it for inflation and 10yr note yields, we will leave that to the professionals.

If we roll back a few years, the term was 'relative strength'. This methodology of stock selection has been around since Adam was a boy, Richard Wyckoff compared stocks to his 'Wyckoff Wave' index to find market leaders based on relative strength, Gann and Hurst did similar exercises.

In even cruder terms high alpha stocks are those that are index leaders, the ones that attract the smart money, and those that will lead the index markup process (IE higher prices for the index).

We believe the best approach to manage stock selection is to concentrate on a small basket of stocks, that being a basket of 5 to 100 count. Learn as much about them as you can (chart technicals, fundamentals, EPS, Management, etc) monitor opportunities for trading decisions during periods of price volatility. Your basket of stocks may change over time, but only when other stocks have met your strict stock selection criteria. We also make available a stock watch list that matches the top 100 Benjamin Graham (ak Warren Buffet method) style stocks, so you can scan the best undervalued stocks for great alpha to add strength to your portfolio.

We use our 'Alpha Stock Scanner' to see what is going within an index, to see if there any new shining stars or trends that should be noted.

So lets have a look...

First we select our desired index to seek 'Alpha'. Note that you will see within the index selection list 'custom index builds'. Details of each index are available to members.

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Alpha Scanner Select benchmark Index

Then when can monitor stocks/ETFs within the index percentage over/under simple moving averages of either 50,100 or 200 days. We can see divergences, trends and participation. 
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Alpha Scanner Main Chart

Finally review the individual stocks/ETFs within the index. Sort, filter and rank selections on current date or previous date (back as far as two years only). You can view an individual 'Alpha Chart' for each symbol (click the symbol) and review further symbol information (click name).

The 'Alpha Trend Meter' is a graphical view of the stock's alpha performance over the previous 20 days and six months (subject to RunDate entered).

1) Green is positive alpha.
2) Dark green is very strong positive alpha. *
3) Red is negative alpha.
4) Dark red is very strong negative alpha. *
5) Gray is no measure recorded.

* Note: An RTT Indicators membership is required for the Alpha Scanner Full version. Otherwise you will be presented with the Alpha Scanner Lite version.

The alpha trend is NOT a price trend determination, it is solely as a measure of how the selected security is performing against a selected index. Price trend can be best judged by the use of the 'RTT TrendStatus' (subject to your subscription level). The 'Alpha Chart' displays the alpha trend in more detail. The 'Alpha Trend Meter' is the best tool on the web to gain a higher alpha for a selected stock over a selected index.

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Alpha Scanner Tools

Clicking the symbol will produce an 'Alpha Chart'. One of the hardest tasks with investing is letting your profits run, and run and run! Monitoring the alpha of your stock portfolio will assist you greatly in this quest. Do you see any reason to sell AAPL in the chart below? AAPL alpha versus the SP100 index is a strong upward trend, and as yet to abate. BUY on dips and HOLD for more gains (Note: Combine alpha studies with other tools to watch for a market top).

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Alpha Scanner Apple Computers AAPL

The above is all you will ever need to build a portfolio to secure positive alpha!


NOTE: does allow users to load objects and text on charts, however some annotations are by a free third party image tool named

Investing Quote...

...“Losing money is the least of my troubles.  A loss never troubles me after I take it.  I forget it overnight.  But being wrong – not taking the loss – that is what does the damage to the pocket book and to the soul.”...

Jesse Livermore

.."It's easier to fool people, than to convince them they have been fooled"..

Mark Twain

..."There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism - by vote. It is merely the difference between murder and suicide"...

Ayn Rand

..."I always believe that prices move first and fundamentals come second"..

Paul Tudor Jones

."Buying stuff people hate, that's the business we are in, right!"..."you may need to have a longer time horizon"..."be patient"..

Mark Yusko

Created on: 11/29/2010 2:52:58 AM   Last Update: 2/7/2013 6:47:12 AM Posted by: RTT
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We at hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund

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