Omnitrader by Nirvana Systems

Testimonals

Interviews

Carl Vietor - Stocks, Options, Funds & Futures Trader

Carl is a retired commercial pilot. He manages his retirement fund and uses a variety of trading styles and strategies. He first invested in the stock market back in 1941, so Carl has seen it all! He relies on OmniTrader's time-saving capabilities. As he said, "I don't want to spend my life looking at a computer screen!"

Which of OmniTrader's features do you use the most?

I believe the momentum indicator (MOM-P) is excellent. When you use it in conjunction with the Vote Line, it gives good entry and exit points. It's a good preview of coming attractions. If the MOM-P is moving up, but downwaves are still progressing, it's a sign of an upcoming trend change. For example, I was trading Central Gardens (Cent). The MOM-P started down on 6/2/97, and the stock topped out on 6/9/97.

I like the concept behind using over 100 indicators to test the securities, then voting just the best ones to get the signals on the Vote Line.

How much time do you spend trading each day?

I spend about one to two hours watching the screen unless it's a critical time. I'm just looking for turning points and opportunities. I don't want to spend my whole life doing this!

How does OmniTrader help you save time in your daily trading?

It helps a lot. I watch what's going on with a stock and if something's happening I can go right to the charts.

How easy is OmniTrader to use?

Very easy! It's extremely well thought-out.

Exactly how do you use OmniTrader?

I developed my own indicator back in 1986. I use it to look at the overall market trends. Then I use OmniTrader to pinpoint specific opportunities. For example, if I see that the market is going into a downturn, I use OmniTrader to look for tops.

What do you trade?

I started investing in the stock market back in 1941. I retired in 1980 and I've been managing my retirement fund. I primarily trade stocks. I'll trade options on commodities in special situations, and I trade some funds, looking for long term turning points.

What is your trading style?

A little of all different styles -- depending on the company and situation.

How have you done with the program?

In the first ten days I made enough money to pay for the program. One example, I recently bought Wal-Mart options at 3 1/2 and sold them soon after at 7.