The Essex Option Trading Seminar video (Essex Trading Company, Ltd.)
Not only is Essex Trading a software
developer, but the company also has a
developing interest in educating traders.
Ever since director of research Jay
Kaeppel published the Pro-Vest Option
Trading Method, Essex Trading has
been noted for offering practical trading
guidelines of substance.
That was the book; this is the seminar.
Where the Pro-Vest approach was
probabilistically oriented (the “Pro” part
of Pro-Vest stems from probabilistic),
the seminar, given in April 1997, tacks
on models for trading momentum, relative
strength and volatility on stock
indices, particularly the OEX. These
trading systems come with some aggressive
add-on trading rules (for example,
if the trade goes against your
direction for up to four days, add up to
three more positions in the same direction) and a refinement of the exit rules. —John Sweeney, Technical Editor