18 Feb Trademiner Review
If you’ve recently stubmled on TradeMiner and would like to read a detailed review before making a purchase decision, you came to the right place. We have reviewed this tool from top to bottom and will cover all features, pros and cons about it. Keep reading…
Overview of TradeMiner
TradeMiner is different from many of the stock picking services in the universe in that it is not a cloud- or web-based program, but is instead one that you download onto your own personal computer desktop, laptop, tablet, or other smart device. The program scans the markets through all of the available historical data in order to find the historically most profitable market cycles and trends of the past. TradeMiner can be utilized to do this not only with stock markets, but also Futures markets and Forex markets too. The idea behind this is that if you find a particular trend, cycle, or pattern that has presented itself again and again before with an accuracy of 100%, 90%, or even 80%, then it has a high probability of repeating itself once again in the future.
Learning how to recognize such trends and comprehending how they work is the real trick, so that you can apply them to the point where they are next most likely to happen again. The program does this for you to help novices along with seasoned traders to make better, more educated decisions with their trading. The good news for users is that the Forex and Futures components of the TradeMiner program are almost identical to the stock market one, making it very functional, easy, and practical to switch back and forth between the various applications and modules of the software regardless of which type of trading you will purse at a given point and time.
Who is behind TradeMiner?
Gecko Software, Inc. developed TradeMiner. They did this to find market cycles and historical trends. Lan Turner is the actual founder of Gecko Software, ultimately responsible for the creation of this intuitive program as the mastermind behind the company Gecko Software.
Gecko Software Review
Lan H. Turner founded Gecko Software in 1998. The company started its operations by focusing exclusively on the commodities trading market. Feeling the inadequacy of the trading tools at the time, Lan H. Turner worked with a computer programmer to work on a tool that would analyze the markets in a very specific way, accommodating his personal style. After a long period of development, tweaking and testing, they released this software to the public under the name Track ‘n Trade.
Track ‘n Trade completely changed the way people learned how to trade in the futures market. It provided over 30 years of historical data of trading, allowing the user to conduct trade simulations. Using this unique tool, a beginner or advanced trader can practice different trading strategies until he or she feels confident enough to invest their own money. Track ‘n Trade was also the first tool to introduce a dynamic chart which gave traders the ability to place a trade directly on the chart.
Since then, Gecko Software has gained a strong reputation in the trading world, and they subsequently developed several other tools. Trademiner is one of the latest and must successfully tools in the series, attracting thousands of downloads.
Features of TradeMiner
Even though TradeMiner is simple and easy to utilize, it still packs in some terrific features. These include:
• Graphs Analyzer – thanks to the large variety of included charts in the program, you are able to view the results from multiple years, look at detailed trading logs of trends from the last years, and consider reward versus risk in given trades and trends.
• Trade Alerts – you can receive convenient email alerts that will notify you as your selected seasonal trades are about to begin, with advance incremental warnings either the same day they start or any number of days in advance of the trade’s slated beginning.
• Mine and Portfolio Tabs – mining this information from the program involves the use of two principal screens, accessed by the mining and portfolio tabs. In the mine tab, users put in your specific criteria and receive your particular results. The software ranks the results per the final score earned by each trade with top trades listed first. You can also filter the results by the symbol in the trade, the action of buy or sell for the trade, and the exit or enter dates of the trade, along with various other critical characteristics of the trade. Below this information, there are three different charts from which you can select depending on the trade you presently highlight. Among these charts are a histogram that depicts year over year profit and loss information, an equity curve that displays the trade’s historical returns, and a pie chart that demonstrates the typical reward and risk in the given trade.
• Settings Tab – you have the ability to filter out the numbers and types of stocks you wish the software to mine. This might be all of the actively traded stocks within every index, or those in a single index. Index options that are provided include the Dow Jones Industrial Average, the S&P 500, the NASDAQ 100, and also literally hundreds of other Exchange Traded Funds, and individual stock groups.
• Educational Support – in today’s trading universe, any program that does not provide a really solid training module and some useful education on the markets is simply not up to grade. TradeMiner offers an excellent video on getting started with the software that thoroughly explains how you will utilize the program. There are also webinars, a PDF version manual, audio interviews, and also a good Q&A page.
As far as actual education in the program, all you have to do is to click on the “Education Tab” and a browser will open up and provide you with unlimited access to the TradeMiner website’s various educational materials. The TradeMiner for Stocks module particularly delivers a number of different training videos designed to help you get started trading, audio interviews with among the most successful traders ever, numerous educational videos, PDF format educational trading lessons, practical webinars, and also a manual on TradeMiner that makes it so simple to quickly master the program from beginning to end.
Services Offered By TradeMiner
TradeMiner is basically offering searching, or data mining, services. This happens via two primary tabs at the screen top. These are the search and portfolio tabs. With the search tab, users actually set up the criteria for TradeMiner to scan for the stocks in question. For example, you might tell the program to do a scan for all stocks that have these criteria — all stocks in March that “win” one hundred percent of the time via bullish setups, with all such trades listed that held for minimally three days but maximum 10 days, back tested for minimally 10 years. After selecting the “Dig Now!” button, the trades are listed. Besides giving you the day on which you should purchase these stocks and when to sell them, it provides you with such trading data as:
- Number of years of backtesting
- Calendar days
- Average daily profit
- Risk to reward
- Maximum drawdown
In the above chart, you will see there is a scoring column that is circled in green. This particular scoring system ranks the trades from a high of 5 on down to 0. The exact scoring system is a proprietary trade secret that TradeMiner will not share with you, though heavily considered are those markets that earn the greatest amounts of cash during the shortest spans of time at the lowest possible quantity of risk.
On the chart above you can see the blue circle around the trade history of the given trade.
The second tab, portfolio, is where you pick out the stocks that you like the results of and add them.
How TradeMiner Works
The tremendous functionality of TradeMiner lies in its capabilities to rapidly dig through literally years of historical data on stock prices for every single stock that is included in the Dow Jones Industrial Average, the S&P 500, the NASDAQ 100, and hundreds of other ETF’s and groups of stocks. Besides this, the program sorts out the data to assist you in discovering which stocks are best to trade along with the right timing of such trades. It is through analyzing such historical pricing data of stocks which are actively traded that you are enabled to rapidly discover trends and cycles which fall into the search criteria that you specify.
Thanks to the intuitive nature of the software itself, you can begin using it almost immediately. In no time at all, you will be able to breeze right through the simple to utilize format to navigate through the program easily and speedily. Some might say that the software is overly simplistic, but this is the inherent beauty of the program interface. For example, the information that you put in to the system is entered via paragraph format, and this makes it simple to put in your specific search criteria. Besides searching out any particular stock in a given month, you may also request that it tell you the best time of the year or month to trade said stock based on the historical results for the particular stock.
TradeMiner Referral Policy
There is no listed referral bonus or policy for TradeMiner as of the writing of this review article.
TradeMiner Money Back Guarantee Policy
While TradeMiner may not provide any free trial versions, they do offer an unconditional and full 60 day money back guarantee program. If for any reason you the purchaser are unhappy with it, then you may request your $97 full cost back and it will be cheerfully and fully refunded. Every year, the maker will contact you to see if you are interested in paying to update the data cube, necessary if you want to continue investigating winning stock trade trends according to their most current market data.
TradeMiner Ratings & Complaints
The Better Business Bureau gives TradeMiner’s maker Gecko Software an A+ rating for its:
- Amount of time the company has been in business
- Numbers of complaints that have been filed for this sized company
- Handling of 1 complaint lodged against the company
- Resolution of this 1 complaint
Only 1 complaint has been settled with the BBB over the past 3 years time.
Is TradeMiner a Scam or Fraud?
TradeMiner functions well on a PC, Linux, or Mac computer and with either futures, stocks, or Forex markets. The program is certainly not a scam, though it is important for potential buyers to comprehend what the software is and is not. It is not a trading system at all, but instead is a tool for performing powerful and effective research. The tool will increase the chances of a trade being successful. All of this is to say that that the software performs exactly as it is supposed to. It tracks down consistent patterns historically so that you can utilize such winning patterns to your own personal trading advantage and style.
TradeMiner Contact Details
TradeMiner is a useful and superb tool for helping you with your trades and trading. You should not be deceived into thinking that by simply buying the software that you will instantly begin earning millions of dollars in stock, futures, and Forex markets. This is an excellent research tool, but it is not a trading system at all. If you are happy investing in an terrific and probably best-in-class research tool to help you do your own trading better, then you should be satisfied with TradeMiner.
• The software is very easy to figure out how to use properly, as it is intuitive. • The program itself works well on Windows, Mac, and Linux operating systems. • There are no data subscriptions every month to pay. • TradeMiner is incredibly fast at sorting and analyzing mountains of data. • By simply double clicking on a stock, the stock's chart comes up immediately.
• TradeMiner does not cover every single stock, but mostly only those in the DJIA, S&P 500, and NASDAQ 100 indices. • ETF's are also under-represented because their historical data is limited, although TradeMiner now includes some of the most heavily traded ETF's because of popular demand.
Our review revealed that TradeMiner is definitely worth a try! It is different from many of the stock picking services in the universe in that it is not a cloud- or web-based program, but is instead one that you download onto your own personal computer desktop, laptop, tablet, or other smart device. The program scans the markets through all of the available historical data in order to find the historically most profitable market cycles and trends of the past.