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Really think you are going to get $XX,XXX?? Good luck

My expectancy per trade is .50 per share. Therefore giving up .10 per share in spread may not be that bad of a trade off for having the ability to increase the number of positions

I just assumed you could overcome those wide spreads on DITM options by submitting close to the mid point and the MM would fill you. Maybe submit the order a few cents above midpoint. No reason a MM should not fill you there and take their arbitrage opportunity. Does this not work in practice...

I have a swing trading strategy with an average holding period of 3-10 days. The strategy trades only the DOW 30 stocks. I plan to use approx 30k of my account trading this strategy. After margin I would have roughly 60k for overnight holdings. The system is designed to put roughly 10k into...

So two weeks of demo trading with the first few days consisting of losses? Maybe 6 or 7 days of winning? A hot streak is all. A rather small one at that.. You can go months on a hot streak all due to random chance.

How long have you been demo trading? Likely you just hit a hot streak. The market has a way of making horrible traders feel very smart for a while.

I just finished testing and publishing the results on the Chandelier exit. It performed decently. Its not a bad exit, but does not reach the goals I am after.

I am about to do an article series on my <a href="http://thestrategictrader.com/">blog</a> evaluating which exit strategies work and which do not work. I want to start an open dialog about the different strategies people normally use. I think exit strategies can really be broken into three...

Before moving on to another indicator, I wanted to take a hard look at the way I have been evaluating these strategies. The primary qualifier I was using is predicting market direction 3 and 5 bars into the future. I think this is vital to a solid strategy. However, it also produces some...

I have now completed testing the existing methods on the short side. The two profitable methods: 1. Hidden Divergence 2. Below/Above given threshold Both displayed a statistical edge when used for shorting. Next I will be rounding out the first round of RSI strategies by combining the...

So far I have identified a few testable edges using RSI. Down the road I will also test the methods of Cardwell/Brown to determine if what they are selling has any edge as well. RSI is a big subject and I do not expect to exhaust all methods within a few weeks. Will be a long process.

This is what I aim to prove/disprove in this exercise. The results I am publishing is in stark contrast to your stated observations. Buying when first crossing into overbought and holding for the next several bars was a losing proposition in all tests. On the other hand buying when crossing...

I fully understand your concern. However, that is an artifact of a small sample space. With a large sample space that becomes less relevant as the strategy's results approach its true probability. For example, when the number of trades taken is sufficiently large you can randomly remove...

I just finished testing for bullish hidden divergence on the RSI. This was a tough one to test for because finding divergence programatically is a bit challenging. However, the results turned out pretty well. The method produced the best results I have seen so for in the RSI only testing...

How does that spoil the party?

Anyone have ideas on other ways RSI may be traded? The next two ideas I will be researching are: #1 Using RSI to find divergence #2 Finding patterns within RSI movement.. using several AI techniques Any more basic ideas to try before taking it to that level?

I would like to point out that this is NOT a strategy. The intention for now is to simply identify methods of using RSI that provide an edge. Once a "toolkit" of methods has been built, we will look for ways at forming a strategy using them. The information discovered thus far could be useful...

I just finished composing a list of which threshold and RSI period values are optimal when predicting 3 or 5 bars into the future. The results were somewhat surprising. Apparently shorter RSI period values are more predictive for this time frame than longer. After mapping out which values...

The long/short both having > 50% winning percentage had me confused for a while. I finally realized that NinjaTrader counts flat trades as wins. Compounded with the fact that for this evaluation I am looking for prediction not sustainability I am not including commission or slippage. Therefore...

RSI is simply the first indicator I will be documenting. As I move on to others, I will show combinations as well as single use. Concerning a upwards trend. Refer to this post: http://thestrategictrader.com/?p=20 My goal before testing any indicators was to determine the bias of my test...