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Frequently Asked Questions PDF Print E-mail



  • Is there any kind of tymoraPRO trading group available?

We have a trading group in the form of a multi-member LLC (known as Yourika Capital LLC), geared towards disciplined active traders.  Members trade in a sub-account of the LLC risking our capital and must be highly motivated, focused, and disciplined traders who have a passion AND respect for the markets.  Members also have complimentary access to tymoraPRO-Advanced for analytics and execution (with the exception of any required exchange fees).  Member traders are generally asked to contribute a minimal amount of risk capital to initially join the group, with us supplying additional capital for you to trade with based on our comfort with your trading style.  It is our experience that traders who trade their own risk capital in conjunction with our own are much more likely to practice sound risk control and money management techniques, which are some of the most important factors in trading.

To be considered for the group, please email us with an introductory letter and any other materials you feel may be relevant.  If you're already an active full-time disciplined trader (or group of traders) looking for a great online trading environment with the best technology available anywhere contact us!  Chat Session with Member: Live tymoraPRO trade setup in Boeing (pdf).

Note that Yourika Capital LLC is not a brokerage firm, and it does not offer employment opportunities to traders.  It is a private limited liability corporation formed to manage and trade its own brokerage account.  By becoming a member of the LLC, you are given the authority to trade in the company's account.   Funds and profits that have been cleared and settled may be withdrawn on a monthly basis.


  • Do you offer a Hedge Fund with a solid track record that I can invest in?

Alexander is affiliated with a "fund of funds" called "Eagle's View Hedge Fund Advisors", whose purpose is to direct accredited investors towards 'niche oriented' off-radar strategies, such as Electricity Arbitrage, Environmental Credits (Emissions) Trading, Options Arbitrage, and Natural Gas Delivery Basis Arbitrage. These strategies have the potential to generate attractive, diversified, low-volatility returns in a "fund of funds" capacity, and are managed by a solid and well-established team.  Alexander is also involved with "Fast Funds", whose purpose is to invest in case settlements (WITHOUT charging clients exorbitant rates of interest).  If you're an accredited investor who understands the benefits of investing in alternative and unique, well researched niche strategies, contact us for more information.  If you'd like to learn more about hedge funds in general, click here to check out Alexander's "mo' Money" episode on Hedge Funds.


  • Is training available to maximize my tymoraPRO trading experience?

Forget about "Momentum Trading" - tymoraPRO traders focus on PRE-MOMENTUM trading!  We enter a position when tymoraPRO's tape, charts, and proprietary indicators show steady trending price and volume action.  We then sit back and wait for the frenzied momentum buyers (or sellers for short positions) to storm in trying to get a piece of the action, causing price and volatility to soar through the roof.  At that point, we close out our position and look for the next opportunity.  With tymoraPRO, the basic trading methodology is so streamlined that it can be over 80% mechanical, with the balance falling to prudent risk-management and a bit of raw common sense.  There are multiple videos available in the tymoraPRO demos and support section of the website that serve to offer an overview of many of tymoraPRO's unique features. It is also recommended that you download the tymoraPRO user's manual (in the download section) and read that as well. Finally, we have also created a new online show called "mo' MONEY" through our online vlog network www.vlogolution.com. The show is all about how to make "mo' MONEY" in the markets, and by watching the show you will also get a better handle on how to best use tymoraPRO as well!  You'll also be kept informed on all types of trading and money tips you have to know to keep your money growing.  Throughout the trading day, we also post images of interesting setups we find on the tymoraPRO VuCAM. In addition, specialized training may also be available for qualified traders via the Mentoring Program, as well as for members of the Yourika Capital LLC trading group (see below). Chat Session: Live tymoraPRO trade setup in Boeing (pdf).  You can also learn about trading from Alexander in person at The Learning Annex course he is now teaching in Manhattan: Be Your Own Hedge Fund: Learn How to Successfully Trade the Stock Market (next date: 11/02/2006)


  • Can traders use tymoraPRO to trade over the Internet?

Yes!  Traders can connect to the servers through the internet and use tymoraPRO from a remote location. However, the bandwidth of your internet connection will determine how much data you can receive.  If you propose to monitor several stocks with DepthVU data, multiple charts, etc, you will need a high-speed connection.  For maximum reliability we in fact recommend dual broadband connections (ie. cable + dsl) attached through a load balancing (dual wan) router for redundancy.  Any active trader who has experienced even a short internet outage while caught in a trade will find this to be an invaluable solution that will alleviate many of the issues faced by short-term traders.


  • How come tymoraPRO is not compatible with more brokers?

tymoraPRO's execution handler offers many more features above a broker's normal back-end order execution system. We also look to continually adjust the order-handling algorithms to assure that executions will be the best possible given the routing venues available through a particular firm. We have decided to focus our integration to a few key back-end systems that offer superior service, pricing, quotes, and order-execution as opposed to trying to link to as many systems as possible. Not only would this be a headache to support, especially for inferior back-end technology, but more resources would have to be dedicated to keeping all the handlers up to date. So, unless a firm is willing to make a minimum commitment to tymoraPRO that would cover the additional support and development requirements, it is simply not worth our effort. Why may a firm not want to make such an investment? Well, not only could it potentially reveal the weaknesses of their own platform, the added cost may also cut into their profit margins as well. And, despite the tremendous added value, their goals are generally to maximize their own profit potential, not yours. As a final note, the brokers we work with also do not take the other sides of your trades as do many retail brokers.


  • If tymoraPRO is so great why are you offering access to it?!

Guess we just want to show off our creation to the world! tymoraPRO was created because nothing else out there could analyze the markets in the way that we wanted to see them for our own trading. Over time, tymoraPRO blossomed into a full-fledged trading powerhouse platform that can be used by anyone to have a greater shot at success in trading the markets. tymoraPRO offers advances in so many areas of trading -- and offers so many potential opportunities based on such a wide selection of criteria -- that it is highly unlikely that traders will be stepping on each others toes while using tymoraPRO. If one trader missing the "ideal entry" into a stock, there is always another opportunity to consider a moment later.


  • Why should I care if a broker takes the other side of my trade?

If you're buying for the long-term, you probably shouldn't care. However, if you are short-term trading, do you really want a broker taking the other side of your trade -- even if they are given you the "current national best price", or even slightly better? Their goal is the exact same as yours - to make a short-term profit with as little risk as possible. And with their deep pockets, they'll likely be able to maneuver the markets with much greater ease. In fact, if you get scared out of your trade, who do you think just made a profit off of your loss (oh yes, PLUS the commission)! They likely sold the stock to you and bought it right back from you! So, why take the chance of competing with one more player? Only actively trade with brokers that always direct your orders out to a public exchange.


  • What kind of support will I receive with tymoraPRO?

Likely much better than you're used to! We seek serious traders who can leverage the advantages of tymoraPRO, and we are available to help you with any questions you have. However, the real question here is what kind of support will you receive if you live trade through tymoraPRO through an affiliated broker. One of the ways large brokers reduce commission fees (which ironically still seem high versus our affiliate brokers) is by streamlining their support process. We won't mention any names, but if you are stuck in a trade at one of the big discount brokerages and need to close a position or check the status of an order, you may find you have a very hard time reaching a live person in a timely manner.  They don't have to care as much since they don't have their own money at risk.  This is a great way to get a few more gray hairs and a thinner wallet!  Since some tymoraPRO users are trading with our risk capital, we are always on top of any issues that may arise and are quick to help anyone with a problem -- because we have a direct stake if anything goes wrong.  The brokers we work with have staff readily available to quickly handle any problems that may arise. Additionally, multiple direct means of contact are available.


  • What if you decide no longer to offer me access to tymoraPRO?

First of all, you can use tymoraPRO for as long as any contract you have with Yourika allows you to. However, we can make no guarantees into the future. Regardless of company size, Datek and TradeCast were bought by Ameritrade. TradeScape was bought by eTrade. CyberTrader was bought by Schwab. QCharts was just bought by IDC, who also owns eSignal, and now that is causing new speculation as to the future direction of the industry. What do you do? You make the best of the resources available to you while you have them and milk them for all they're worth while they are available to you!


  • How reliable and secure is tymoraPRO?

We have a very strong uptime track record and have experienced very little overall downtime. Even if there is a tymoraPRO outage, the order execution handlers can also still connect to the broker to directly place orders and manage positions. Our affiliated brokers maintain multiple redundant order execution servers, and tymoraPRO will automatically attempt to fall over if one has a problem.  Yourika and its affiliated  brokers also maintain multiple Internet connections in order to assure a high level of uptime and reliability.  We also offer in-depth data statistics screens and alert messages that immediately warn you of any potential issues that may arise.  In addition, tymoraPRO connections offer redundancy via our load-balancing servers that seek out the lowest load, fastest response servers to give you the smoothest connection.  They will also automatically redirect connectivity to a new server if a problem arises.  Finally, all tymoraPRO connections are compressed and encrypted using custom-designed algorithms.  There is no need to take our word for it - you can judge reliability for yourself by signing up for a free tymoraPRO trial!  And regarding the reliability of our affiliated brokers and data vendors, we seek to work with only the most reliable venues that have a record of quickly handling any issues that may arise.  As a final note, although not necessary, it is always wise to err on the side of caution, and we do recommend, if possible, that professional traders consider maintaining a secondary backup trading account just in case an issue arises.


  • Where is my free trial email with my userid/password?!

This issue seems to unfortunately come up quite often these days, and it is usually a result of an overactive SPAM filter. You should receive your free-trial email within 15-30 minutes that you sign up for one. If you have a SPAM filter, be sure to allow emails from: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it and This e-mail address is being protected from spam bots, you need JavaScript enabled to view it . THIS IS USUALLY THE REASON WHY SOMEONE DOES NOT RECEIVE THEIR TRIAL USERID AND PASSWORD! Also be sure to check your spam folder or "unknown sender" folder if you have one. If you still do not receive our emails, be sure to let us know via the contact page and also be sure to leave us a phone number where we can reach you as well (remember, our emails don't seem to be reaching you)!


  • HELP! I received a userid/password but it doesn't seem to work...

Some people lately have been signing up for trials of either tymoraPRO or rePLAY, then attempting to login from the website. Both tymoraPRO and rePLAY are standalone Windows applications, and you must install the program you registered to use and login from there. For rePLAY, you must register for a free trial from the application itself. Once you receive your userid/password, enter it into the same rePLAY application. Don't now go back to the website instead!


  • Do you have a live track record I can see?

A sample live track record of an account traded with tymoraPRO is available for those interested.  HOWEVER, MANY DISCLAIMERS ARE REQUIRED HERE, as we do not believe this to be a valid sign as to what you yourself may be capable of. Psychology and risk tolerance always play a big role in trading, and as always, past performance is no guarantee that future performance may be sustained to any similar level. Commissions, execution fees, quote and platform fees, and even the quality of your Internet connection or your level of focus on any given day could adversely affect performance. Inherently, all this really shows is an account that was profitably traded and generated an impressive return using tymoraPRO for idea generation, charting, position tracking, and execution.  Only very small risks are taken on each trade and intraday leverage is generally capped at 4:1, with no intentional overnight positions.  Of course, even risk-per-trade is relative to a trader's disposition and tolerance, and can dramatically alter potential profitability.


  • How come tymoraPRO only has a handful of chart indicators?

If you're looking for a trading platform that has every type of pre-configured indicator imaginable under the sun, tweakable in every way you can imagine, that is in fact possible with the tymoraPRO/eSignal combination.  eSignal has a very powerful scripting language that allows you to create any type of chart indicator you'd like and it is fully compatible with tymoraPRO.  In addition, tymoraPRO now also enables you to script your own completely customizable indicators!  However, we still stand by our point that if your trading success depends on tweaking between a 24 or an 18 bar moving average or stochastic instead of a 14, you'd better consider pursuing other goals.  tymoraPRO offers a set of indicators, most with a proprietary twist of some sort, that have been shown through our research to provide a distinct edge for a particular type of analysis.  Some of the parameters can be adjusted (such as the stochastic via the Config menu), but that would generally be to your detriment, because tymoraPRO automatically determines the ideal cycle-length to utilize on each time frame for each indicator.  As we're traders ourselves, we're constantly researching and adding new features and algorithms designed to keep all of us, and all of you, ahead of the trading pack, so you can focus your efforts on trading, not tweaking.  We're always open to growing and adapting with the markets, and in fact, if you can definitively show us how your particular indicator or technique can provide an edge that tymoraPRO doesn't already offer, we'll look to include it and likely find a way to make it even better.  A sampling of current indicators available include Automatic Trend Lines, Stochastics, CCI/Turbo, Spikes, Linear Regression, Trend, Trading Bands (would be similar to a cycle-adjusted bollinger band), CVD (similar to OBV - On Balance Volume - Cumulative Volume Delta, as described in Active Trader Magazine), Volume Moving Average, Volume By Price, 200-50-20 Simple Moving Averages, and Float Range and 50% Float Range on Daily Chart.  We also recently added two new very powerful indicators, both which serve to very easily and clearly keep you on the right side of the trend and indicate ideal potential trend continuation points.  These indicators are the Volume-Based 3 Point Break indicator and the cycle-optimized StochCCI indicator, which combines trend features with the best aspects of CCI and Stochastics into a single indicator.  For anyone who's been sucked in by these informercials of "trading made easy", only to be sorely dissappointed, we welcome you to give tymoraPRO a try.  We'll never say that trading is easy, because trading requires a significant level of patience and discipline.  But with a tymoraPRO trading package, you may very well have a shot at that infomercial "dream".  Click here for information on some of tymoraPRO's latest features. Chat Session: Live tymoraPRO trade setup in Boeing (pdf).


 
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