Search results

Here’s a link that I like. https://www.marketlifetrading.com/ Sign up free, you can ignore the premium newsletters and videos. Look under “Education” and the “course”. Think he’s still in the process of adding to it. He re-did these videos in the past year. The old course had more so...

I personally don’t see the point except for making a pretty compound equity growth chart. The point of backtesting is to find an edge for today’s market. So if an old system doesn’t work anymore, why bother with it’s past results. Theirs so much possible variance in past results vs future...

Collective2

Never used IB but the couple brokers I’ve used generally have an option to extend stops in after hours trading. Maybe theirs an option for after/extended hours your missing?

Keltner bands is a indicator I use. 20 day EMA with 2.25 ATR. Could use a rule that if the open is above the top band exit or if “x” number of opens are above top band. The bars should stay within those settings like 98 percent of the time, if the low gets past it things are going real...

The open is the first trade which could be at any exchange, as an example it could be on BATS exchange. The opening auction happens on the listed exchange. https://www.nasdaqtrader.com/content/TechnicalSupport/UserGuides/TradingProducts/crosses/openclosequickguide.pdf...

Just to clarify the auction open price and the official open most data providers show are different. The open on your daily chart is the first trade at market open. You can generally see the auction open if you have a tick chart by the large volume. NYSE still use the specialist which can be...

Yes they show in the order book as when you short, your borrowing the stock. If your order is so large you worried, you could break it up into small chunks and scale out. The average lone trader in a liquid stock shouldn’t have to worry about putting too much out there.

Analyzing one failed setup is not a good start. If your method has a positive expectancy you just need to take the trades and put the losses in one pile and the winners in another pile, combine them for profit. If I analyzed every losing trade I’d never get anything done.

Iqfeed tick data goes back 180 days. Their intraday is 10 years or more. It gets pricey if your not using a compatible trading software as the exchanges fees add up. Iqfeed is like 85$ a month plus exchange fees. CME is 30$ or so if your using it to trade, if your just extracting data...

Many here probably have way more education than I do on history and economics and maybe this is just me having one too many beers tonight... but had any nation in the history of man kind stayed at the top forever? Maybe trade deficits are a problem or maybe it’s just history repeating itself.

I’d put as little as possible( without bleeding yourself to death with commissions). Ideally you’ll allow yourself a year or more of just doing the grind. Paper trading can be useful but putting small amounts of real cash on the line helps learn the emotions you’ll experience. This should also...

I don’t use interactive brokers but I do remember looking at their fee structures, their data packages looked more complicated then other brokers. They really broke everything into pieces which does allow the user to pick what they actually need. Is it possible he’s missing a data package and...

https://www.google.ca/amp/s/www.cbc.ca/amp/1.4638996 Logged in to see my few positions at close today( swing trader) and got a pop up warning about closure on TSX. Didn’t effect me today but what the hell. Suck to be a daytrader or market maker... see you on Monday is their response?

Sounds like a bad plan considering most retail orders never hit an exchange. Most get passed to shops paying for retail order flow. They give a small price improvement, pay the brokerage a little, their all happy. This would really only effect limit orders. Which I don’t think that is the issue.

Only suggestion I’d have is a subscription to IQFeed and a purchase of QCollector.

I’d like to think that the tariffs were thought through.... or theirs some sort of trade negotiation plan. It’s like an article I read about an American keg manufacturer saying how it was going to make his business even less profitable compared to the Chinese. The tariffs are on raw steel, not...

You can facepalm now Matt lol

Don’t go to H&R block. Most them at tax time are seasonal workers using nothing more then an in-house turbo tax. Go find an actual accountant or do it yourself. Be way cheaper then the fees H&R charge.

Doesn’t realize he’s blocked 90 percent of et