Well, it was bound to happen. I found trading opportunities in Pairs Trading, and created a whole other site based on those trading opportunities. If you know what pairs trading is, then you know how difficult it is to come up with fresh new correlated pairs to trade on a daily or weekly basis. Sure, you could use the SPY and QQQ pairs, but everyone is trading those…. Translation: your profits are diluted when there’s that much trading activity with the same strategy. So TazaTek created Pair-List.com to fill the gap for day traders. You see, before I became a TradeStation consultant, I was a Software Engineer for Raytheon , so naturally I wanted to program something that would solve this trading problem. TazaTek created Pairs-List.com with the idea that it would be accessed by traders online so that it would be available 24 hours a day. Why online? Well, there’s over 25 Million pairs that have to be compared for correlations. It takes a LOT of computer time to find out what the correlation is between all those pairs and then sort it out and organize it for our day traders. So we do all the grunt work, and you get all the trading opportunities.
So go checkout Pairs-List, and Join the trading forum while you’re there.
So if I’m working so hard on Pairs-List, what’s going to happen to TazaTek ? Glad you asked!! TazaTek is going to shift from consulting work, to providing FREE trading indicators on a variety of trading platforms. Why free? Well, the proprietary ones I kept coming up with were so good, that I didn’t want to sell them. So selling my indicators to traders became a no option, but I realized that there wasn’t a good repository of trading indicators out there, so that is the void that TazaTek is going to fill. So if you know of any public domain indicators out there that could benefit all traders on the web or that you have lying around, let us know, and we’ll post them right away! We’re going to post indicators for any trading platfom out there, so TradeStation, MetaStock, NinjaTrader, Wealth-Lab, Telecharts …. all fair game!
We look forward to providing you with great trading knowledge!
Tags: Day Trading, Pairs Lists, TradeStation, Trading