Search results

Consider you are making decisions while the market is still resolving what to do. Some people wait 2 days or a week after earnings to make decisions, avoiding the whipsaw action the day of earnings and reading too much into it. In other words you are too anxious to get a "answer". Things were...

OMG, that is a classic pattern. Nothing new here: It will test the low, not the absolute low but the channel low. Then it will break that low as a stop run. Also often to a prelude to a good run up because the seller are done. If the volume is low and it moves up that is one thing to watch...

You exited on maximum pain. Waited additional time to get there. There were only three options: Sell early, and it this case, fear of taking a small loss. Sell at Max Pain, loss fear was maximum otherwise you would have waited for the bounce. Sell after max pain on the bounce and exit...

Agreeing with what you Speedo said, I do have a limit set on my account. Not for anything else except some issue with the Algo going crazy*. Of course it is well designed so there are no less than 5 checks that makes sure this does not happen, but a broker trigger that disallows new positions...

My algos have been trading. The "churning market" ones are creeping up equity, but the volatility ones are asleep. Have not placed a short trending trade since May, because it has to really move*. Just boring stuff and working on new methods, getting a good quiver together. Also getting...

or < 1

I guess he could have written a book that would be successful: " How to get banned from ET in 100 posts more or less".

And predictions based on numerical co-incidence is often a cart before the horse situation. Sure market react at certain levels, but it is not the levels, it is just a convenient place to put in massive order for the actual reasons. And lastly, no one worth their salt calls a 100+ point range...

No offense intended to the OP, but this is necessary but not sufficient. It is like saying you can compete in a professional sport and winning with the right attitude. Yes you must have discipline, but you need the basic nuts and bolts, a Strat, an implementation, funding, time to execute...

Of note, look at the time in trade. If the time in trade goes to longer terms, then things get more complicated. This seems like a good example of meshing time horizon and drawn down potential. Simply put, it avoids, by passes, the issue all together. Well Done!

Yes! But each has a double edge, (triple edge?) in the details. Cut Loser, but not before it has a chance to be a winner, but not before a bounce if one is about to happen if you are using that as an indicator of when to "cut". Listen to Price, but sometimes it is not saying anything and not...

Well I could be mistaken, But I thought it was the case when you place an order it has to be checked for things like margin. And these checks go through the chain of handlers of the order from order creation through to order execution at the exchange. These checks add ms, not many, but some...

Actually you can control it. Some introducing brokers, and clearing merchants pre clear you account.

Yep, Compliance checks, 2 or more will take time also. BTW: it takes 200ms just to click a mouse. Also this is helpful: https://testmy.net/latency But anyone who has traded when it is borderline disorderly, knows that a connection for home-retail is bad to horrible.

Hi Mark, I will be VERY interested in the .net port. In particular all the execution behavior as posted about before. I am about to start a port myself, but want to get a couple more signals going live first.

As discussed, you have to accommodate the execution engine (live) and the backtesting engine. The best way to start is use the Union or intersetion of the two's functionality That union is at the "end of a bar evaluation" that occurs for both engines. So you can get reasonable matchups. Of...

Also age of account. Accounts that are about 5 digits or less have a priority line. Been with them since the 80s after they bought Pacific Brokerage Services.

TC2000 has a simple script language that can do these with ease. End of Day version is reasonable too. No need for real time.

How to run the library of Algos he will inherit.

Consider that there simply is not enough time or action for the trade to play out as earlier in the day. The amount of time in a trade has some minimums: Amount of movement, amount of bars, MAE, MFE. Good trading means knowing these. You know these minimums in the context of average time...