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  1. trhudson

    POLL: The death of daytrading

    After studying many charts and traders, I would have never in my life assumed, guessed, or imagined that for the past 8 years, I could have traded the exact same rules on the exact same stocks, every single day and been profitable. While there would have been draw downs, overall the methods...
  2. trhudson

    POLL: The death of daytrading

    Interesting, but if the program is written correctly: Not based on Charts Based on Execution Algorithms Utilizes Rule-Induction Data-Mining for back-testing purposes There is no way any person can learn in 100 years what a computer can learn in minutes. I developed my platform on...
  3. trhudson

    POLL: The death of daytrading

    The Day Traders of the future will be 100% Automated, Trading Algorithms. This has been happening for at least 7 years, if not more. The prop firms just have not adopted any sort of non-discretionary trading mentality.
  4. trhudson

    TRADING IS SIMPLE ... (TheRumpledOne)

    Let me also add that TS actually sponsors this guy and his work. I have a friend / fellow trader that bought much of his stuff and when I told him this guy was speaking at a local event, he said ... He's made enough money off of me and I haven't made a dime with his indicators after...
  5. trhudson

    TRADING IS SIMPLE ... (TheRumpledOne)

    SO TRUE! Instead, sell them a bunch of indicators that will make them try to guess what's going to happen instead. I recently was told of someone that sold 'indicators' for TS - yet he didn't trade them. Now, if the indicators were so good and TS is capable of automation, why in the world...
  6. trhudson

    TRADING IS SIMPLE ... (TheRumpledOne)

    There are many ways to trade TRO's methods including adjustments in each segment of the trade : Entry / Exit / Profit Target / Stop-Loss. Mathematical methods that simply work over TIME. As for supporters, his methods are too simple for most people, but one should understand this FACT...
  7. trhudson

    Can you trade by price action alone?

    It depends on what instrument you are trading as to how you trade price-action. Nothing works on everything. However there are many different forms of price-action trading. Definitely do not listen to opinions of people that do not know. Do your own research it's a lot harder that way, but...
  8. trhudson

    day trading the trend or fading?

    AWESOME QUOTE! It never fails, switch up the strategy and you get caught on the losing side. It will hurt so bad, you will think they've caught you, but it's you that made the choice.
  9. trhudson

    day trading the trend or fading?

    It has a LOT to do with what you are trading. Sector based ETFs trend MUCH better than Market based ETFs. If a stock is not moving, meaning it only moves a little a day, you're not going to get a big enough trend intra-day. In volatile markets, there are tons of reversals and fading...
  10. trhudson

    Android vs Iphone

    LOL...nothing to fear here, that's for sure. No HFT, No Forex, just stocks.
  11. trhudson

    Android vs Iphone

    I was answering the following statement... "So you're stating that there is no utility in having mobile quotes." Therefore, I was in the right stadium...
  12. trhudson

    Android vs Iphone

    LOL, too funny. I developed it from scratch. Sorry, try again.
  13. trhudson

    Android vs Iphone

    Here we go again, more fans trying to tell us how GREAT the iphone is. So FAR BEHIND, I don't think they can catch up. It's like a cult, these people really believe everything jobs tells them. I guess they also believed that he was impotent when that was his story in the 70's saying that...
  14. trhudson

    Android vs Iphone

    Not for me, I guess someone could use them. It's typically (like 99.9%) of the time, only going to create EMOTION for the user / trader. Not something I really want to invite into my trading. I have a quote app on my phone, but looking at it is pretty much useless. I have a 100% totally...
  15. trhudson

    Android vs Iphone

    Sounds very risky...but hey, to each his own If one has a plan, which it would be pretty evident that one would have to, couldn't the orders be placed before stepping away from the computer? Surely no one just looks down at the phone at just the right time and says...well, now that's a...
  16. trhudson

    What do YOU use back testing for?

    Depends on WHO you ask
  17. trhudson

    Android vs Iphone

    You guys are trading with commercial apps? Via a phone? Obviously you don't need speed or connectivity. Why not just automate? Still trying to figure out why someone would even want to worry about it, like get quotes on your phone...like there's anything someone can do...but buy...
  18. trhudson

    Android vs Iphone

    If you get a chance, check out the EVO 3D...it will BLOW YOUR MIND. 3D WITHOUT GLASSES on a PHONE! Pics, video, movies in 3D...WITHOUT GLASSES! If you are waiting on apple, good luck. They tell everyone that they are ahead of the curve and well...WE'VE HAD 4G for OVER a YEAR. Spoke...
  19. trhudson

    Recommend Book on Autotrading?

    We started with C++ and converted to C#. I don't really consider that overkill, because it is a stand-alone application and can do everything I want, I guess that's the key. If it were a swing trading platform, I guess Excel/ VB would work. I am a big fan of doing most of my initial...
  20. trhudson

    Recommend Book on Autotrading?

    I guess I will just have to disagree. I believe that if you are not exposed to so many ideas of other traders and are able to THINK on your own and OUTSIDE THE BOX, you stand a much better chance. I say this out of EXPERIENCE. I have been working with a trader who has been unsuccessful...
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