Mastermind — ‘From Vision to Real-Time Tools’


Simpler Trading Team

Aug 28th 2020  .  3 min read

When Simpler’s traders open up their computer trading platforms each day, they are focused on market activity. But there is so much more happening behind the scenes than what traders realize.

Key areas our traders focus on are charts and indicators – how to view and interpret what’s happening in the market.

At Simpler Trading, we have our own behind-the-scenes mastermind.

He’s the one who turns ideas into indicators and is this week’s “Friday Feature” team member.

There is nothing more valuable at Simpler than our biggest asset – our people. The information, resources, and experience our traders deliver reaches around the world.

Eric Purdy, Director of Quantitative Strategies, is our “Friday Feature” this week. He headlines this highlight of the newsletter where we present one of our team members making an impact in the Simpler community.

When you think of trading against the market, it’s like “007” gearing up to take on the “big evil” and he needs someone – “Q” – to deliver the latest in proactive technology to get the job done. Eric is the “Q” to our team of traders.

His behind-the-scenes work is described by our traders as “genius” level that has helped change the lives of traders around the world.

Eric is a humble person, uninterested in the limelight.

Most who meet him are astonished by what he’s accomplished: U.S. Navy 20-year veteran, combat fighter pilot, Naval flight instructor, Naval Academy ethics and physics teacher, creator of a technical indicator coding website, and the mental muscle behind coding the many indicators used by Simpler traders daily.

Eric is also a husband, father of six, and a long-time, successful retail trader who survived the bubble era.

And Simpler’s traders are thankful each day for his behind-the-scenes magic.

Our team of pro-level traders depend on Eric to turn their ideas for tracking elements of the market into practical reality. He translates their sometimes fanciful visions into computer coding for indicators that help traders become more accurate, more efficient, and more profitable.

Simpler Trading knows Eric is a gift to all our traders as he continually brings to life the tools that help make our trading more consistent.

So when traders are looking at a set of colorful lines, candles, or bars using one of our indicators, it’s Eric who turned a complex idea into a clear, simple, and easy-to-read tool to use in real-time trading.

We Saw: the market continue to climb higher – 

  • S&P 500 breaking beyond 3,500
  • The Dow now 10,000 points above pandemic low
  • Nasdaq bouncing back for another positive day

We’re Watching: with anticipation for September action –

  • Will August craziness “settle” in September?
  • Market reaction to two big tech stock splits next week
  • Setups in: WDAY, AMZN, PZZA, AAPL