Search results

Excellent presentation, thanks for posting.

Tim Sykes may be a shameless self promoter but he talks very openly about exactly what he is doing. Follow his blog for any length of time and you will find his strategy is discussed quite openly. He is constantly bashing penny stock promoters so it is not at all surprising that they in...

FYI, there is a review of his strategy here: http://www.cxoadvisory.com/short-selling/timothy-sykes-penny-stock-pump-and-dump-detective/

The spread pre-market is very different from the spread at the open which is very different from the spread later in the day. Not sure what value there is in the pre-market spread. IB can chart the spread throughout the day. I don't know where to find a listing of spread data such as you are...

No. The market may go down in which case your account could lose money, something not very likely with a savings account. Margin can magnify losses as well as gains, plus you have the added cost of the margin. Personally I don't think dividend yield is very predictive of future total...

Portfolio123.com. It has extensive fundamental and technical data on thousands of stocks with the capabilities to backtest over the past 5 to 10 years. Much is said about the importance of experience in gaining and edge, but having good tools can make a real difference as well - it has for me...

http://www.mebanefaber.com/timing-model/ This is a long term strategy, trading only monthly at most with hold times from months to years, but it outperforms buy and hold. I tested daily and weekly moving average crossovers myself. In most cases they produced better risk adjusted returns...

Reversion to the mean. It is the exact opposite of the typical cut your losses short and let your profits run, but it works. Individual trades are very high risk but there are ways to control risk besides using stops.

I think you are right to plan to trade while keeping your job. I trade based off end of day data and have been doing so successfully for a few years now while I continue working. Rather than supplementing my income I am growing my net worth to significantly move up my retirement date. There...

And MA-following systems are not profitable in the long term no matter what period of MA is used. I don't think that is true at all. I've tested a variety of moving averages with some major stock indices and over the long term most work. At least by comparison of risk adjusted returns to...

My experience is similar to abattia. I tested via spreadsheet rotating to the best performing strategy out of a group of 5 or so strategies. It underperformed simply holding all strategies and far underperformed picking the best strategies in sample and then holding them out of sample. I...

To track my profitability, I simply record my accounts equity at the close of every week in a spreadsheet. This allows me to calculate a number of statistics. I do the same for my trades, I record them all by strategy so I can see what is working as expected, and what is not. Limiting...

I'm always surprised how little this is discussed. Having realistic expectations is critical for anyone considering investing a lot of time and effort into trading. I have often heard day traders say 1 to 2% per day is reasonable, but I think they are really referring to their good days...

Can studying philosophy help you improve as a trader? While it may be an interesting diversion, I don't think it would helpful to many traders. Much of my progress in trading has been due to weeding thru information and mis-information to find and focus on those things that really make a...

And then what, short the stock? It's very rare for this kind of momentum to continue. Portfolio123 can do all the end of day stuff, and it can include an exit strategy to actually determine returns. They have a free 30 day trial. Using a close greater than average of the hi and low instead...

Regarding Tradelog, do you have to re-purchase a new version every year? If so then at $350 it's close to just hiring someone. I use TTax and import broker data from one account and Gainskeeper data from another.

Well this depends on your timeframe. RSI(2) is 1.49 (and rising at the moment) which is a very oversold level. Of over 7,000 stocks that have closed with RSI(2) < 5 over the past 10 years, 68% of them have closed higher when RSI(2) returned to the mean (> 50). But the expected return based on...

POT is very oversold and oversold stocks often bounce, but for this stock that will likely be very dependent on what the market does. In the medium term I'm not a fan of this stock. As the prior poster mentioned, your position size is quite large. If you hold on for a bounce you have to...

I have never been so fortunate to have such a high profit factor, but here's how I would approach it in the absence of past trade by trade details. I like my strategies to have a max drawdown of no more than 20%, and my overall trading accounts no more than 10%. There is a 25% chance of 1...

Why do some people feel the need to 'never' retire. What drives people who are well-financially secure to keep working? I have no idea. There are the lucky few that so enjoy their work that they are doing what they want to do. I view retirement as simply doing what you want to do, so for...