Trader Vision 20/20 FAQ

Tell me about Trader Vision 20/20 (TV20/20)


Q. What is Trader Vision 20/20?
A.  Trader Vision 20/20 is a stand-alone software package designed to help traders:

  • develop actionable short-term goals that will get you to your long-range plans;
  • analyze potential trade setups based on risk, reward, cost and market conditions;
  • plan, execute and manage trades with insight into the changing risk/reward ratio as a trade progresses;
  • log trades complete with notes, attached chart and a record of all adjustments made during the trade;
  • track trading performance across the patterns you trade, market conditions and time variables;
  • help keep your emotions in check so that you make better trading decisions.
Q. What's in it for me? (What problems does Trader Vision 20/20 solve?)
A.  Fear, Greed, Ego and Laziness are the biggest problems facing traders and the main reason they are unable to consistently make money. TV20/20 was specifically built to help keep those four evils in check. It provides the tools you need to turn every trading action into a logical business decision…one made with a complete understanding of the risks, rewards, costs and environment of that choice. In short, it gives traders a tool to build and maintain discipline in their trading while they work to constantly improve their performance.
Q. Why was TV20/20 developed? (What's the story behind this thing?)
A.  The initial seed for TV20/20 was born out of trader coaching sessions. Doug Campbell realized he was seeing the same problems over and over again among his students. So he starting working on a basic spreadsheet that could help the traders he coached address those problems. When Doug shared that spreadsheet, Ed Carter realized this meshed perfectly with a project he had been thinking about for quite some time. Doug’s first step gave Ed the inspiration to take the idea to the next level. When those two joined with Rick Saddler, the three partners were able to bring a tremendous breadth of trading experience and knowledge to focus on the problems facing traders. Several months and countless iterations later, they had created a tool to help traders develop great trade plans, better understand their trades and keep their emotions in check all inside a process that helps them continue to improve their performance.
Q. How can Trader Vision 20/20 help improve my trading?
A.  First, TV20/20 is designed to help you consider trading in a completely different way than most traders are used to thinking. It will help you set goals, consciously consider the facts, plan the trades and then trade the plans. It is also intended to be used as part of a continuous improvement process for your trading.

It will help you select better trades by consciously considering Reward/Risk, total trade cost and the position size needed to achieve your goals for a trade. Becoming more selective will improve your overall trading performance, both in terms of probability of winning and in terms of total return.

Next TV20/20 helps you to create a good trade plan by encouraging you to consider lowering your cost basis, take profits throughout the trade and consistently move your stop-loss prices. This strong plan will reduce the impact of emotions by preparing you for contingencies and helping you keep the bigger picture in mind.

During each trade, TV20/20 keeps you abreast of the changing Reward/Risk situation as well as the trade’s performance against your trading goals. Considering this information will greatly improve your decision making on plan adjustments and exits.

Finally, after the trade, TV20/20 tracks your performance across all the patterns you trade and by many other factors. This information will help you learn about yourself as a trader…discover what you do well and what you do poorly. Using these facts, you can focus on doing more of the things you do well and on improving the areas where you struggle. That approach will also improve your performance over time.

Q. Will this help me fill out my tax forms?
A.  The initial version of TV20/20 is not designed specifically to provide the data required by specific tax forms. However, as a complete Trading Journal (log), all of the information needed would be contained in the database (assuming all trades were accurately recorded in TV20/20). So while future versions of TV20/20 are likely to address this issue directly, in the meantime at least much of the trader-related tax information could be found in the TV20/20 reports.
Q. My English is not good, will this be available in my language?
A.  Unfortunately, at this moment TV20/20 is only available in English. However, please enter a request for your specific native language here and if there is enough demand we will work to have it translated.
Q. I trade outside the United States, will TV 20/20 support trading in other country’s markets?
A.  Absolutely! Everywhere in the world that stocks are traded, fear, greed, ego and laziness are problems for the local traders. And TV20/20 will give those traders a tool to get those emotions in check and transform their trading into a logical, fact-based decision and action process within a continuous improvement approach.
Q. How hard is it to select, plan and manage trades using TV20/20?
A.  It’s difficult to give a pat answer to that question. What may be hard for one trader might be child’s play for another and visa-versa. However, TV20/20 does all the financial math and points out all the key information needed almost instantaneously. It can literally take a minute (or less) to select a good trade setup and build a great trade plan. However, like every tool, you do have to learn how to use TV20/20 and the more practice you get the easier (and faster) the process becomes for each new potential trade.
Q. I've heard that almost all trading tools are scam. Is Trader Vision 20/20 legitimate?
A.  TV20/20 is absolutely legitimate. This isn’t some puffed-up “secret trading strategy,” “misunderstood approach” or “miraculous scan.” We’re not promising you any particular trading performance. In fact, we are telling you that whatever results you get, your performance will be 100% based on your own thinking and actions. All we are promising you is a tool to organize and support your analysis, help you maintain discipline and warn you when you are violating common sense trading rules.
Q. What is the difference between TV20/20 and other trading logs or journals?
A.  The difference is that TV20/20 is not just a log or journal. TV20/20 is a tool for analyzing, selecting, planning and managing trades toward meeting a traders personal goals providing all the information needed to make logical business decisions by helping to keep a traders emotions in check. Yes TV20/20 allows you to log trades and record detailed notes about the trader’s thoughts, emotions, actions and performance during each trade. However, it’s the ability to guide trader decision-making with complete understanding of Risk/Reward, Money Management and a trader’s own goals within the context of the overall market environment that sets TV20/20 apart.

TV20/20 is a lot more understandable because you are seeing each trade as a whole and not just a row of data in a spreadsheet. It has goal planning, position sizing, trade planning, trade management, hedging and performance tracking capabilities already built in. So you don’t need other tools or modifications as with other trading software.

Q. Where can I find the details of the license agreement?
A.  In general, the Trader Vision 20/20 End User License Agreement (EULA) contains these main points:

  • You are buying a license to use TV20/20, not buying the software
  • You are agreeing not to steal, reverse-engineer, distribute or share the software
  • The license grants one trader the right to use TV20/20 on one computer at a time
  • The license entitles the buyer to one year of support and free updates (to the same product)
  • The license may not be transferred to a different entity
  • We specifically disclaim any responsibility for any loss a user may suffer from or while using the software.

You can also find a copy of the complete license agreement here.

Q. Which brokers are supported by Trader Vision 20/20?
A.  Trader Vision 20/20 supports all brokers, but is not currently connected to any one brokerage platform. This means orders cannot be automatically placed using Trader Vision 20/20 just yet.
Q. Is Trader Vision 20/20 development ongoing and how often will updates with new features come out?
A.  Development is absolutely ongoing. New features are constantly being planned and implemented. In fact, we have a long list of innovations planned for future versions. Our current development pipeline calls for the release of product Updates about every 6-12 months. You’ll be notified of any update if you’ve marked the checkbox on the download form.
Q. Where can I find an example of a trade that was entered into TV20/20?
A.  We offer many examples of TV20/20 trades. You can find a few video examples here and a written example here
Q. Where can I find an example of goal planning with into TV20/20?
A.  You can find a video example of goal planning here and a written example here.
Q. Where can I find an example of a performance review done with TV20/20?
A.  You can find a video example of a performance review here and a written example here
Q. Is there any demo or trial version?
A.  At this time, there is not at demo/trial version of TV20/20. However, you can see a number of demonstration videos here and find many screenshots and documentation throughout this website.
Q. Can I buy bundles other than those showed on the Buy page?
A.  At this time TV20/20 is only available for Stock/ETF trading. However, we are already working on an Options-specific add-on to the base 20/20 package. When that is developed, tested and available we will offer a bundle so that you can purchase TV20/20 with the Options add-on already installed. Check back during the second quarter of 2016 for that product or enter your email address here: and we will let you know as soon as that product and bundle are available.

Tell me about the technical aspects of Trader Vision 20/20


Q. What operating systems will Trader Vision 20/20 run on?
A.  TV20/20 versions are available for Windows (Vista, 7, 8, 10) 32bit and 64 bit, Mac (OS X) and Linux
Q. Does your software run on a Mac?
A.  Absolutely, TV20/20 is available for Mac (OS X) here
Q. What are the system requirements?
A.  TV20/20 has very minimal hardware requirements compared to more other software. If you can run Windows, Mac OSX or Linux you should be able to run TV20/20 with no trouble at all. However, for those that do need to see a list of requirements, here are the minimum requirements:

  • Processor: CPU > 1Ghz speed
  • Memory: RAM > 1Gb
  • Storage: Hard Drive > 1Gb available
  • Display: Resolution > 1024×768
  • O/S: Windows (Vista, 7, 8, 10), Mac (OS X), Linux
  • Internet: 56k Dialup or better
Q. May I use your software on more than one computer?
A.  The TV20/20 software is designed for and licensed to one individual user on one computer at a time. If you feel the need to use TV20/20 on a second computer, without deactivating it on the first computer, you would need to buy a second license. From that point, the installation process on the second computer would be identical to the process on the first computer.

However, if you get a replacement computer, you would just Export your database, deactivate the installation on the first computer, install/activate the installation on the second computer and Import the database into the TV20/20 on the second computer. That’s it…you’re up and running again.

Q. What if I buy a new computer? Can I move the software to the new computer?
A.  If you get a new computer, you would simply follow this process. Export your database from the first computer, deactivate the installation on the first computer, install/activate the installation on the second computer and Import the database into the new computer TV20/20. That’s it…you’re up and running again.
Q. What if my computer crashes and I have to get a new hard drive? Can I re-install TV20/20?
A.  Hard drive crashes are a major reason you should back up your computer (and TV20/20) very regularly. There are many free tools available that will even automate the backup process for you. If you don’t have a backup tool, here is one source to consider: http://download.cnet.com/windows/backup-software/?sort=editorRating~desc%2CdownloadCountLastWeek~desc&rpp=30&licenseType=Free

However, the answer is yes, you certainly may install TV20/20 on your replacement hard drive. Follow the same instructions as the original installation. Once TV20/20 has been activated, go to the Trade Log View tab and Import your most recent database backup file. This will set your TV20/20 system back to the same state it was in at the time of that most recent backup. That’s it…you’re up and running again.

Q. Can the software be installed on a flash drive and carried from computer to computer on a regular basis?
A.  TV20/20’s installation validation routine will not permit installation to a flash drive. The periodic license check would see other computers to which it has been carried as “pirated copies” of the software and the license would be deactivated.
Q. How can I uninstall my platform?
A.  Simply use your Operating System uninstall feature. Our software is listed under “Hit and Run Candlesticks – Trader Visions 20-20.” In Windows, this feature is found through the Start menu and is called “Programs and Features” (or some variation depending on the version of Windows).
Q. How big is the download file?
A.  Depending on your computer operating system the download file size will vary. However, in general, it is only about 3mb in size. Download times for the file will vary depending on the speed of your Internet connection, but should be very quick.
Q. How much disk space do I need?
A.  The exact amount of disk space your TV20/20 installation will require over time will depend on the number of trades that you save (whether just planned, still open or closed trades). However, the basic installation will require approximately 10 megabytes of disk space and an installation with 10,000 trades in the database would need approximately SIZE megabytes.
Q. Do I need a spreadsheet (or any other software) to use TV20/20?
A.  Absolutely not! Unlike many other trading “software” packages, TV20/20 is a completely stand-alone application that does not require you to own any other pre-requisite software. All you need is your Operating System (Windows, OS X or Linux) and your copy of TV20/20.
Q. I trade a lot, will TV20/20 be able to handle a 1,000 trades without slowing down?
A.  TV20/20 performance should not be a problem. Our base performance testing is done with a database of 10,000 trades. However, we also stress-test the system with a database of 100,000 trades. Even at that massive number of records the performance loss has not been extreme.

Obviously, speed will vary from computer to computer since each will have its own combination of CPU speed, amount and speed of memory, bus bandwidth and hard drive speed. However, we have found performance to be well within acceptable bounds across a wide range of computer hardware in use by “typical traders.”

Q. I bought your software a while ago and need to install it again, but I can’t find the install file. How can I get it?
A.  You can use your product license number to download the software from here. INSERT LINK If you don’t have your product license number, you can look it up here. INSERT LINK
Q. Can TV20/20 really handle an unlimited number of trades?
A.  Our base performance testing is done with a database of 10,000 trades. However, we also stress-test the system with a database of 100,000 trades. Even at that massive number of records the performance loss has not been extreme. So by any real-world trader sense, yes TV20/20 can handle an unlimited number of trades and system performance should still not be a problem.

Obviously, speed will vary from computer to computer since each will have its own combination of CPU speed, amount and speed of memory, bus bandwidth and hard drive speed. However, we have found performance to be well within acceptable bounds across a wide range of computer hardware in use by “typical traders.”

Q. How do I back up my data files?
A.  Backup of all data, including TV20/20 data, is very important. One backup approach is to use an external program such as any of the free backup tools that can found places like here: http://download.cnet.com/windows/backup-software/?sort=editorRating~desc%2CdownloadCountLastWeek~desc&rpp=30&licenseType=Free to back up all your valuable data on a regular basis. (Some of these even do the backup for you on a scheduled basis.)

The second approach would be to EXPORT your database from the Trade Log View. We recommend that you make the destination of this Export file an external source (such as a flash drive) or at least copy it to a location outside of your computer regularly. That way, if your hard drive happens to crash, you will have a recent backup to IMPORT once TV20/20 is installed on a replacement hard disk.

Q. How do I download TV20/20 to my laptop or second computer?
A.  The TV20/20 software is designed for and licensed to one individual user on one computer at a time. If you feel the need to use TV20/20 on a second computer, without deactivating it on the first computer, you would need to buy a second license. From that point, the installation process on the second computer would be identical to the process on the first computer.

However, if you get a replacement computer, you would Export your database, deactivate the installation on the first computer, install/activate the installation on the second computer and Import the database into the second computer.


Tell me about the buying process…


Q. What exactly am I buying?
A.  You are buying a license for one person to use the TV20/20 application on one computer at a time. This purchase includes one year of free support and updates to the version of TV20/20 you buy. (Updates are planned about once every 6-12 months.) To activate the software on a second computer, first deactivate it from the first computer and then install on the second computer.
Q. What do you mean a single-user license is good for one person on any one computer?
A.  A single-user license allows one person to use the software. That one person can install and activate the software on one computer at a time. To activate it on a second computer, first deactivate it from the first computer and then install/activate it on the second computer.
Q. What payment types are accepted?
A.  Hit and Run Candlesticks accepts American Express, Discover, MasterCard and Visa cards.
Q. I’ve never purchased downloaded software before; how do I pay and receive the products? Is it safe?
A.  There is no such thing as a perfectly safe financial transaction. If anyone tells you otherwise, I would question their motives. Whether you are using cash to buy software at the corner store or making an online download purchase from half way around the world, there is at least some risk involved. However, in general, e-commerce (online purchases) are safer now than they have ever been. And there are certain measures you can take to improve your safety even more.

Among these online buying safety tips are:

  • Don’t shop when connected via public Wi-Fi. These networks do not encrypt their network traffic;
  • Keep your browser updated. Security patches are being added to every major Internet browser on a regular basis as new security flaws are found. An out-of-date browser is a hacker’s best friend;
  • Use a good anti-malware program. We don’t want to recommend one specific package, but you can find reputable comparisons in places such as: http://www.pcmag.com and https://www.av-test.org ;
  • Buy from companies you trust and pay attention to your instincts (if they promise you the moon and only want to charge a penny, it just might be a scam);
  • Only purchase from encrypted pages (i.e. one that has “HTTPS//” in the address bar display of the page);
  • Use a credit card (rather than a debit card or bank transfer) to make online purchases. Credit cards have spending limits and most use “pattern identification” algorithms to detect any suspicious activity in your account. In addition, most cards have built-in “buyer protection” and “charge dispute” processes to further protect their card users;
  • Print or save a copy of your order for future reference if needed;
  • Use a security program that scans all downloaded files and all executables (installation programs) and keep this security program’s definition files updated.
Q. Do you sell this as a subscription or one-time purchase?
A.  The license is a one-time purchase. This entitles you a permanent use of the version you download as well as one year of free support and updates to that version. However, at the end of one year you have the option to purchase an annual support and updates plan. Since those plans all run one year in length, you could see them as a support and update subscription. However, that subscription is completely at your discretion and has no bearing on whether you can continue to use the version of TV20/20 you have at the time your support agreement expires.
Q. After my initial purchase, do I have to buy anything else?
A.  In a word, no. The license is a one-time purchase. It entitles you to permanent use of the version of TV20/20 that you download, as well as one year of free support and updates to that version.

You have the option to purchase an annual “support and updates” plan after the first year. However, these are at your discretion and have no bearing on whether you can continue to use the version of TV20/20 you have at the time your support agreement expires.

Q. How do I buy Trader Vision 20/20?
A.  You can go to the main Trader Vision 20/20 product page, select the version based on your computer operating system and click “Add to Cart”. This link will take you back to the main product page: INSERT LINK
Q. How long do I have to wait after payment before I get my product?
A.  Within moments of your payment card approval you will receive a receipt email containing your download link and license number. You will then be able to begin the download of the TV20/20 software at any time.
Q. Can I pay from my work computer or from my phone and then later download from my home computer?
A.  Sure. Just access the email receipt from home and do the download from the comfort of your own house.
Q. Can I buy a boxed (physical) product?
A.  Not at this time.
Q. Where is the information about renewing my annual support?
A.  You can read all about our “Annual Support and Updates” plans for Trader Vision 20/20 here: INSERT LINK

However, the basics are that with your initial purchase you receive one year of free support and program updates. After that period, you can purchase an additional one-year “Support and Update” plan. This will entitle you to ongoing support as well as the regularly scheduled program updates (we roll out major feature updates every 6-12 months) for another year.


How do I get my product…


Q. I’ve never purchased downloaded software before; how do I pay and receive the products?
A.  The process is simple and secure. Enter your order information by clicking the “Buy Now” button on the product page for the version designed for your computer operating system (Windows, Mac or Linux). Once your payment is approved (usually within a minute) an email is sent to the email address you provided. That email will contain a download link and your product license number. SAVE THAT NUMBER, because it will be needed during installation and if you ever need to re-install the program.

The download itself is executed simply by clicking the link in the email. This will open your default browser and begin the download of the self-extracting installation file. Download times will vary depending on the speed of your Internet connection.

Q. What if I cannot download the files now?
A.  The download does not need to be executed immediately. Simply open your receipt email later and click the embedded download link. This will open your default browser and begin download of the self-extracting installation file. Download times will vary depending on the speed of your Internet connection.
Q. How many times can I download the files? How long are the links valid?
A.  Download the file as many times as you need. It is the installation/activation process that can only be (and only needs to be) done once.
Q. Can I pay from my work computer or phone and then later download from my home computer?
A.  Sure. Just complete the purchase from work (or your phone) and then access the email receipt from home. You can then do the download from the comfort of your own house.
Q. What if the download files are corrupted or lost?
A.  You can download the installation file as many times as you need. It is the installation/activation process that can only be (and only needs to be) done once.
Q. What if I lose my license number?
A.  Contact support using the support email form located here: INSERT LINK. That form will ask for your Name, Address and the email address associated with the TV20/20 purchase. We will find the match in our records and send the license number to you again.
Q. How big is the download file?
A.  Depending on your computer operating system the download file size will vary. However, in general, it is only about 3mb in size. Download times for the file will vary depending on the speed of your Internet connection, but should be very quick.

How do I install/activate my product…


Q. How much disc space do I need?
A.  Depending on your computer operating system the download file size will vary. However, in general it is about 50mb in size. Once installed, the exact amount of disk space your TV20/20 installation will require over time will depend on the number of trades that you save (whether just planned, still open or closed trades). However, the basic installation will require approximately 10 megabytes of disk space and an installation with 10,000 trades in the database would need approximately SIZE megabytes.
Q. My computer is not connected to the internet. Can I use your software?
A.  You could use TV20/20 without an internet connection, but we don’t recommend it. Many of the features and data fields depend on updated prices to be accurate. Without an Internet connection, those prices would not be updated and therefore those fields using current price in their calculation would provide inaccurate information. However, basic trade planning and logging as well as some of the performance analysis features would still work.
Q. How can I check for updates/upgrades and how do I get them?
A.  You can always click on the TV20/20 product logo in the upper right hand corner of the application to go to the main product page. All available add-on upgrades as well as the current version of TV20/20 itself will be listed and explained on that page. However, you will also be notified by email (to the address provided during purchase) every time an update becomes available during your Support/Upgrade plan.

In all cases, the process of getting the product will be the same. You will simply download and then run a self-extracting installation program.

Q. I lost the installer files I had downloaded, now what do I do?
A.  The installer file can downloaded as many times as you need. So, if you still have your purchase receipt email, just click that download link embedded in that email again. If you no longer have that email, contact support using the email form located here: INSERT LINK. That form will ask for your Name, Address and the Email address associated with your TV20/20 purchase. We will find the match in our records and send the download link and license number to you again.
Q. I lost my license number! What can I do?
A.  Contact support using the email form located here: INSERT LINK. That form will ask for your Name, Address and the email address associated with the TV20/20 purchase. We will find the match in our records and send the license number to you again.
Q. Can I move the software to a new computer?
A.  Yes, absolutely. The process is simply to:

  • EXPORT your database from the Trade Log View
  • deactivate TV20/20 on the first computer
  • Move the exported database CSV file and the TV20/20 installation exe to the new computer
  • Install/activate TV20/20 on the second computer
  • IMPORT your database from the Trade Log View.
Q. Can I get technical support by a phone call?
A.  At this time no. You can contact support using the email form located here: INSERT LINK.
Q. What is verification? validation?
A.  Verification/validation is simply the process of confirming that you have a valid license to use TV20/20. This process simply matches your user name, license number and information collected about your computer CPU, motherboard, etc. to verify you have an authentic license and that this license is not in use on a different computer at this time.

Tell me how I can use Trader Vision 20/20…


Q. May I use your software on more than one computer?
A.  The TV20/20 software is designed for and licensed to one individual user on one computer at a time. If you feel the need to use TV20/20 on a second computer, without deactivating it on the first computer, you would need to buy a second license. From that point, the installation process on the second computer would be identical to the process on the first computer.
Q. What if I buy a new computer? Can I move the software to the new computer?
A.  If you get a new computer, you would simply follow this process. Export your database from the first computer, deactivate the installation on the first computer, install/activate the installation on the second computer and Import the database into the new computer’s TV20/20. That’s it…you’re up and running again.
Q. What if my computer crashes and I have to get a new hard drive? Can I re-install TV20-20?
A.  Hard drive crashes are a major reason you should back up your computer (and TV20/20) very regularly. There are many free tools available that will even automate the backup process for you. If you don’t have a backup tool, here is one source to consider: http://download.cnet.com/windows/backup-software/?sort=editorRating~desc%2CdownloadCountLastWeek~desc&rpp=30&licenseType=Free

However, the answer is yes, you certainly may install TV20/20 on your replacement hard drive. Follow the same instructions as the original installation. Once TV20/20 has been activated, go to the Trade Log View tab and Import your most recent database backup file. This will set your TV20/20 system back to the same state it was in at the time of that most recent backup. That’s it…you’re up and running again.

Q. Can my trading partner and I share a copy?
A.  No. The TV20/20 software is licensed to one individual user on one computer at a time. If you feel the need to use TV20/20 on a second computer or even to have a second user on the same computer, you would need to buy a second license.
Q. How do I submit a feature request for future development?
A.  You can submit a feature request using the email form located here: INSERT LINK.

How do I…


How do I sign into TV20/20?

How to set my Pattern?

How to set up my Candlestick signals?

How to set up my default trade values?

How to set up my market bias options?

How to set up an ETF/Symbol to which I want to compare my performance?

How to set up Account value, commissions, etc.?

How can I find

Where can I find an example of ?

What is the difference between ?


How do I…


What are some of the things some users do that limits their success with the product?

What are 5 common problems?

What are 5 common solutions to those problems?

How do I view a Strategy Performance Report?

Q. Does every trade need a…?
A.  Every trade must have a ticker, trade direction, number of targets, maximum dollars to risk (if stopped out) and a pattern at a bare minimum. However, in all reality, each trade must also have an entry price, initial stop-loss price and at least one target price to begin doing position size planning and then reward/risk planning.
Q. What qualifies you to build trading support software?
A.  Well, first and foremost we’re traders ourselves. Between the partners involved, we have nearly 80 years of trading experience, over a decade of coaching other traders on a consistent basis and 12 years of teaching, writing and presenting trading concepts to our fellow traders. We just happen to be able to design and develop software based on previous careers and skills.
Q. Why should I spend this much on trading support software?
A.  Our software is not a toy, a game or a toss-in starter product meant to lure you into buying something else. TV20/20 is a professional-grade decision support tool built to help serious traders continuously improve their performance. It has taken decades of education, experience and trial-and-error to design and develop the tools built into our software. TV20/20 will help you set goals, select better trades, make stronger trade plans, control your emotions to execute those plans and analyze the results.

In short, TV20/20 is a professional-grade decision support tool meant to help serious traders achieve their goals and continuously improve their trading performance. So you need to think of this as a business decision. And like any business decision, it is not just a question of cost, but even more a question of value and payback.

Frankly, we don’t think you can find a decision support system anywhere else that will be worth nearly as much to your long term trading performance as Trader Vision 20/20. So a better question might be “Why would you want anything but the best support tools available to help you make better decisions, learn what works best and continuously improve your trading performance?” Can you really afford not to make this investment in your business?

Q. Is Trader Vision 20/20 a Strategy for Trading?
A.  TV20/20 is a software tool that supports a comprehensive approach to selecting, planning and managing trades within a continuous improvement process. In that sense, it is a Strategy for Trading. However, TV20/20 is not a “trading strategy” in the way most traders refer to them (i.e. a specific trade setup or entry/exit rules for a specific chart pattern or indicator reading).

TV20/20 won’t tell you how to trade. However, it will warn you of potential mistakes during trade selection, help you make more thorough trade plans and make better Trade Management decisions. Then it will help you learn what works and what doesn’t to continuously improve toward exceeding ever increasing trading goals.

Q. Why should I set goals, make trade plans or keep a trading journal?
A.  There are two sayings that answer this question quite nicely. The first is “If you don’t know where you’re going, any direction will do.” And the second is that “if you fail to plan, you plan to fail.” Those old sayings have never been truer than they are in the trading world.

Trading is complex and the environment often fluid. Most of the time it is the trader themselves that are the main obstacle to their own success. The key problem is an inability to control emotions and make sound, rational decisions before, during and after trades.

The purpose of smart goals, strong trade plans and a good journal (and of TV20/20 in particular) is to help the trader keep Fear, Greed, Ego and Laziness in line while providing a clear path to better decisions and improving performance. Along the way TV20/20 throws in warnings and updated information about how the plan is working. These things lead to keeping emotions in check and making better decisions…and that leads to improved results.

Q. Is TV20/20 a standalone system
A.  Yes, TV20/20 is a standalone application (no spreadsheet or any other software required). While TV20/20 is all you need to record, analyze and review your trade data, it is designed to be used in conjunction with your brokerage account or charting package (if you use one). You can attach screen shots of your charts from and annotate trades to those external programs. However, that is not necessary. TV20/20 is not a brokerage platform, so you do not use it to place orders or view live price data. It is a standalone enhancement to your brokerage account.
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