Friday stocks I owned went/gapped up then midday they went down. Was that because the morning the puts are exercising/buying to cover and midday the calls are selling or exercising their calls above the strike price? I know little about options so bear with any erroneous term usage.
Is this...
If you look at STI lower uptrend line on a daily chart in the Log scale pps is below it, but in the linear scale it is at the above at the lower uptrend line.
Which is best to go by?? Wait till monday and let pps determine lol?
It takes several indicator readings for me to accurately pinpoint good entries and exits so my string would be too long for the SD system considering the SD tech said keep it simple or risk.
lol 300 a minute! I set it up for emails and got none two days ago so they must have fixed it so good...
It sure was too easy at first until checking the intra bar box and close close then gut punch! But if your strategy worked without the intra minute box checked and open open, I believe it is a test for how manually trading one's strategy will work since one will eliminate the mindless system...
Good to hear you checked with them. I share your good results before and after checking with them they turned to crap. Did he tell you the horror stories about folk that do it without checking with them? 100's of trades in a day or hour even trying to get refunds but they can't do it! I feel bad...
Iancand,
Good to hear your positive results and Strategy Desk backtesting with several formulas is trying. I posted this in another thread about speaking with the Strategy Desk Techs and wondering if you tested according to what they told me as far as 1minute interval check box and close close...
Most of the big brokerages have it as you probably know and of course you need an account. To simulate the closest to actual results from what the tech's say is check the box with the 'detect intrabar signals, 1minute' and choose close, close instead of hi,low, open on the buy/sell formula. BOL
Thanks to you too 5of7. I trade stocks only.. but those horrible backtesting results has thrown me for a loop. Will look for more threads regarding this..
Thanks RT, I need some inspiration here. I believe you mean 'profitable' auto trading is possible. Really thought I was onto something to earn a living... will look for your thread for more inspiration/guidance.
Finding a formula for auto trading isn't easy! Thought I had one that backtested great but found out my using the open open parameter should be close close and 1 minute check intervals used and the results are now horrible. May have to go manual in the real world for now. The tech told me about...
Are there limits to the number of day trades one can do if they are above the $25k min cash in acct and trading a margin acct?
Also when you report your profits when filing taxes do you have to list each of the hundreds/thousands of trade you do during the year or just report the net profit...