Product Description
Product Review: Dr. Stoxx Trend Trading Toolkit by Technical Analysis Inc.
MetaStock
90 South 400 West, Suite 620, Salt Lake City, UT 84101
Phone: Sales: 800 508-9180; support: 801 265-9998
Email: sales@metastock.com,
support@metastock.com
Internet: www.MetaStock.com
Product: Add-in for MetaStock
System requirements: Same as for
MetaStock
Price: $399
Thomas Carr, or “Dr. Stoxx” as he
is known, is the brains behind the
Dr. Stoxx Trend Trading Toolkit,
a MetaStock add-on. Carr’s website,
www.drstoxx.com, offers daily stock
and exchange traded fund (ETF) picks
by subscription. Carr has had two books
published, Trend Trading For A Living
and Micro-Trend Trading For Daily
Income. The former is written from the
standpoint of multiday trading, while
the latter is for intraday trading (that
is, daytrading). Carr’s resume includes
interviews by the Wall Street Journal,
Investors Business Daily, and US News
And World Report, and he holds a master’s
and doctorate in philosophy from
Oxford University in the UK. For 16
years he held an associate professorship
at the University of Mount Union in
Ohio. He is currently a full-time trader,
trainer of traders, and fund manager. His
company, Kingdom Capital, manages
The 8.18 Fund.
Overview
Carr got interested in the equity markets in
the early 1990s. His initial efforts focused
on fundamental analysis, but he later began
to include technical analysis. He spent
time each day studying charts and building
watchlists. He looks for candlestick patterns as well as bigger patterns such as
flags, head & shoulders, and so on. The
results of those efforts are captured in his
book Trend Trading For A Living. In fact,
the Dr. Stoxx add-on lets you mirror Carr’s
process, except that the task of screening
is automated via the add-on. Sometimes
these screens will result in a dozen or
more candidates. Dr. Stoxx filters those
by using fundamental data.