One of my goals for 2014 is to provide links to the live charts (at StockCharts.com) for all of the trade ideas on the site. This is a time consuming task as it requires me to keep two sets of annotated charts on every trade idea (often on multiple time frames with different drawings & annotations). The reason for this is that my primary charting platform, TC2000, is superior to StockCharts.com in many aspects, particularly with the chart drawing & annotation features. While StockCharts.com certainly has some advantages over TC2000, it falls short when it comes to chart annotations with a fairly antiquated, clunky platform. As a chart hound that will typically rifle through hundreds of charts in a day monitoring existing setups & active trades while also continually scanning for new trade ideas, I will initially mark-up a chart using TC2000 & only replicate those chart drawings on StockCharts.com once I’ve decided to move the stock from a watchlist to either a Trade Setup or Active Trade. As TC2000 does not offer the ability to generate a hyper-link to a live chart as StockCharts.com does, I will still post static charts created on the TC2000 charting platform at times, particularly on time sensitive trade ideas or updates where a chart has not yet been replicated on StockCharts.com.
With that being said, a new live chart for the TJX short trade has been created and may be viewed by clicking here.