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    Using a trading system to daytrade

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    Using a trading system to daytrade

    I'm at home and not at the office, so I've had to use Quote.com data. I've used the SP index vs. futures, also. However, this should give us a close enough comparison. I don't see any significant relation to 1 pm either, however this doesn't allow us to draw a conclusion one way or the...
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    Using a trading system to daytrade

    This is a little off topic, however since another member brought up oddball it seemed like a good place to put it. Mark Brown posts the results of Oddball here: http://www.oddballsystems.com/stats/index.html In speaking w/MB a few months ago, he mentioned that he had an "improved"...
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    Bright Trading class

    Don (or anyone else), please post the times for the March training class. TY.
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    Using a trading system to daytrade

    Thanks for all the feedback. I've done some light backtesting to discuss the two issues: #1 - The potential problem w/TS on stops. I mainly use TS2000i for testing, however I used a friend's pc to test the same system on TS4 and TS6. Approx. the same trades were taken. For further...
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    Using a trading system to daytrade

    dozu888, I'm not here to argue. I'm just stating what Mark Brown told me when I spoke to him a few months ago. The conversation was about 1.5 hrs, there was a lot of information he discussed so the details may not be 100 correct. Any way, as I recall, he said it's his theory or...
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    Using a trading system to daytrade

    Dozu, when speaking w/the author of Oddball, he disclosed his theory on the 1 and 3 buy/sell points. Basically, he said there was a shift in the data point distribution to the positive side since the market has a tendancy to go up. Hence, the buy/sell points are a little "off center"...
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    Using a trading system to daytrade

    Good suggestions. I'll quickly download the SPX and run a backtest on it. Since it closely mimics the SPooz and ends at 4, the current code will work. I've checked the trade report $500 stop and it seems to work (losses reported at $500 or $625, depending upon whether comm./fees are...
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    Using a trading system to daytrade

    The idea of dividing the day into three 135-min bars was actually the result of speaking with Mark Brown. I've used the ROC and well as DMI of advancing issues, trin, and other breadth measurements for a long time as a filter. If anyone has any improvements to the code I've posted, please...
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    Using a trading system to daytrade

    The logic should be as follows (ela is correct): If: the close and high of the second bar of the day is greater than the close and high of the first bar of the day and the Rate of change(close, length 6) > rate of change (close,6)[1] then buy If: the close and low of the...
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    Using a trading system to daytrade

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    Using a trading system to daytrade

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    Using a trading system to daytrade

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    Using a trading system to daytrade

    Test results are below. I'm not trying to sell this system, but read the disclaimer anyway :) PLEASE READ THE FOLLOWING RISK STATEMENT COMPLETELY AND THOROUGHLY HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO PRESENTATION IS BEING...
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    Using a trading system to daytrade

    I contribute this (unoptimized) code in the hopes others will post information so we can all benefit. Here is the logic for a system I have been playing with: 135 Min bars of SP (full or emini) Day session 135 min bars of advancing issues NY If: the close and low of the second bar of...
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    Trading Maxims/Quotes

    "Walk a mile in someone's shoes before you criticize them ... that way you are a mile away when you criticize them and you have their shoes" --- bob and tom radio show
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    sponsor

    The e-book is well written and has many examples. The methodology is straight-forward and not complicated. Stephen provides a 6 month money back guarantee. You have nothing to lose. Happy New Year!
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    Effective Trading Strategy for < $25K Accounts

    There are a lot of good comments in this thread ... Simulated trading the eminis are a great way to start out before risking real $ ... Try www.pfgbest.com -- their simulator is great. Hypothetical 50k account and it will remember your positions overnight. Free for 30 days, then something...
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    Automatic switching between Cable and DSL

    I have tested the following software with the router: Qcharts, IB TWS, Realtick and Best Online Software was not bound to any single WAN. 3 test of each software ... Qcharts - disconnect after 3-5 secs then searched for another server. Reconnect time 5-10 secs TWS - did not seem...
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    Purchase of Home or Trading Biz?

    Tough decisions to make. Remember ... it's always better to be happier than to be right! I have had many friends leave 6-figure, high-stress jobs for lower-paying jobs but are much happier. Spending times with their family, doing what they want. #1 - Why not do this? Take a 6 month...
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