Search results

  1. P

    Stock Scans

    I scan the number of days a stock stay above a moving average(e.g. 50MA).
  2. P

    Is backtesting simply simulated trades on historic data?

    Backtesting a trading strategy is based on the tenet that whatever had happened in the past will happen again. But when will it happen ? I scan charts manually and run screening after each trading day as I am practising trend following. Here are what I have observed. 1. 70% of trend are either...
  3. P

    help--can i download from YOU TUBE?

    If you are on InternetExplorer, just right-click on the video and a "Copy video URL...." menu will appear. Do not move the cursor, right-click the second time and a "Play.... " menu will appear. Just select the 3rd option i.e. Save video as....
  4. P

    Best programming language for trading?

    This is the https request to Yahoo Finance with cookie and crumb already setup. my $url = 'https://query1.finance.yahoo.com/v7/finance/download/' . $etic . '?period1=' . $period1 . '&period2=' . $period2 . '&interval=1d&events=history&crumb=' . $crumb; $h = new HTTP::Headers()...
  5. P

    Trading is easy

    Training is easy. Just buy and sell. But trading profitably consistently is NOT.
  6. P

    Best programming language for trading?

    If your objective is to develop a trading system, then it's not my area of expertise. But if your intention of programming knowledge is to support your charting software, then any programming language will do. I used perl to download stock data(end of day), process data from charting...
  7. P

    Why aren't energy stocks priced higher?

    At a certain price point, shale oil production will become more profitable and keep demand in check. US crude export is also surging. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrexus2&f=m
  8. P

    Home Made Software

    It will be good to start at a higher level e.g. industry group. At this level, just advance and decline statistic would suffice. Further drill down to the detail that you already have.
  9. P

    Alternatives to Excel for tabular data? Minitab? Tableau?

    If you referring to Excel Macro speed, then you can explore another language like java, python or perl to manipulate data in Excel via OLE. This would speed things up quite a bit.
  10. P

    Trudeau: U.S. Debt is Not Sustainable

    Mostly likely Trudeau is referring to the size of debt. https://en.wikipedia.org/wiki/List_of_countries_by_external_debt
  11. P

    General purpose languages with excel-like syntax and not obsessive compulsive about white space?

    Since you brought up Excel, maybe it's due to its limitation ? I used to use Excel to keep track of trending stocks. But Excel VBA is very slow and almost impossible to run multi-thread. Then I chanced upon perl and Win32::OLE and I am no longer bottleneck by Excel VBA. I can run multiple perl...
  12. P

    Young Trader need advice and mentor(if possible)

    Trading psychology is another important component.
  13. P

    The Best Book About Chart Trading?

    No matter what chart pattern I use, sometimes I make and sometimes I lose. The outcomes seem random but I don't buy stocks randomly. I look at PE, EPS, chart trend, support and resistance. If my bet is wrong, I get out.
  14. P

    which moving avgs do most traders use?

    Only about 40% of the stocks can stay above 50 SMA for more than 20 days. Those that can stay above it for > 20days, about 70% chance of staying above 50 SMA in the next 10 days. Sometimes, it pays to be patient.
  15. P

    which moving avgs do most traders use?

    Anyone trying look at SMA from the market perspective? At a single stock, it may not mean much. Just take any SMA, e.g. SMA 50. When a stock is above it, start counting the number of days it's about it. Let's say, you track for a period of one year. Do a frequency plot in terms of number of days...
  16. P

    I need to lose $5000. (long term capital gains) in order to make over $20,000. Obamacare...

    Somehow, it's not easy to have a profitable investment plan. Why sabotage a profitable plan just to qualify for Obamacare when everyone hates it ?
  17. P

    What's the difference between the IMF and the World Bank?

    One is controlled by US and the other is controlled by Europe.
  18. P

    "Hit Their Stocks": Chinese Press Warns Of "Ample Weapons" To Win US Trade War

    China is somewhat unplugged from the Global financial system. Once plug-in, its central bank has to work very very very just to move the needle a tiny bit.
  19. P

    China's trillion dollar plan to dominate global trade

    Venezuela needs the money.
  20. P

    are trend lines self-fulfilling prophesies?

    When the stock operator is able to do his job, the chart looks beautiful. He is an artist. Only when it blew up, the public get to see the inner working and the ugly side. This is exactly what the scientists at CERN are doing, smash the proton and see what is inside. Investors are hitch hikers...
Back
Top