Search results

Jones247 – You made and excellent point about the expectation of developing trading automation. Let us continue that premise that you set up. If a trader is consistently profitable they should have no trouble building automation to keep it that way in a short period of time – say one or two...

Chvid – in the 60s in college it was math and the then 35 years of IT including teaching college at night. My discretionary day trading was poor so I gave that up. What got me interested in automated trading systems was when I was Manager of DB2 Database Administration (IBM’s big database...

CHVID you have a good point it does not take 12 years to write an automated system. The majority of my system was written in 18 months. But what took ten years to learn was some of the following: - What style of system do I want to trade? Swings, Trends or Volatility. - What time intervals are...

I have attached a screen shot what my automated system looks like in Tradestation 8.4. This is what I started 12 years ago. The green dots are long stops and the red dots are short stops. My system is built on cycles and cycloids (of all things). The indicator is a cycle tool I built as part of...

If you are trading with indicators and oscillators at Ameritrade go out to the TASC magazine and look for the past year or so. TD Ameritrade has posted quite a few indicators in the past year written by some well know traders. If you back test it paper trade it and watch for changing market...

I agree with the previous comments. Start with a profitable system. Then fine tune it with the risk and money management principals written in your trading plan. Because you have a very simple system you have 100s of books to choose from. Mentioning one will draw fire because we all have our...

I retired from 35 years of autos here in Detroit. Electric cars have been tried many times in the past and been big failures. Some of the reasons are: - Battery Temperature Conditions. Batteries have had a major problem when temperature varies outside of 40 to 80 degrees Fahrenheit. One too...

Market watch makes the basic assumption that all traders are jerks and will listen to their superior advice. They have no idea what a decent trading return is.

The cycles in the Dow on weekly the daily will turn around in the next 5 days. For confirmation look at the recovery yesterday. Dow will top out between 10800 and 11600 between april and august 09 and then turn back down when earnings fail to start any comeback.:D

I write nothing but automated trading software for the last 10 years. Mines coming to market in about 9 months. There are a number of considerations: - Direction and volatility. You need a mix of these two to trade both trends and congestion. - Order types. Market, stop and limit orders each...