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because he says to look at the 1 minute and 5 min chart and set a stop loss around ATR or low of the day as of his website lol. Anyway, I am not saying you can't make money by trading momentum, breakouts, or beats... so I'm not necessarily criticizing his strategy as much as I am skeptical of...

this is a simple analysis using TCA <GO>: buying 100% in 1 minute would result in a tca of 1% (in reality, could be 0.5x to 3x, generally the more volatile the stock the greater the subsequent impact), which would probably hit his own "stop exit" lol. Then when the stop loss is triggered and it...

I see this more like creationism vs. evolution. But if I am seeking truth, even if I want to believe in a creator, I must also acknowledge empirical evidence right?

We both have clearly different definitions of what we mean by liquid. You might be used to putting on $20k positions, but trading at that level is a completely different experience than trading even $200k per trade much less $1MM+.

I'm not saying there can't be value to something like CAN SLIM but can guarantee you that if you decompose returns you'll find that outliers drive the profile. If you talk to discretionary l/s equity guys, no one uses CAN SLIM because those factors tend to already be priced into the stock...

Where did I dismiss the strategy? I dismissed the dude's claim he has 80MM because a strategy like that is not scalable past $50-100k in position size lol. Your fills get worse and worse as the value of your account rises. Only in the most liquid markets, such as SPX futures, rates, and fx, can...

Equities are up a ton over the past 2 years. If you held a portfolio of high beta stocks you would have doubled your money. Everyone long delta is seeing great returns right now. You don’t need risk control if you buy the dip, etc., etc. “Everyone is getting rich except you.” I bought amc calls...

Sharing real time data from your broker feed needs an api — not sure if tos has it but if it does it should work in theory.

“Specialized” code like R (and then things like stata or matlab) are still used in some cases but typically are limited to pure research teams. Most of the great packages on R have a python equivalent now. Python is more useful the closer you get to trading because there is greater support...

There’s autocorrelation in stock prices and momentum. The slope of your ma line is a signal of momentum. This is why buy and hold outperforms active trading with no edge.

I meant from a fundamental approach, as ebit is the core profitability to all stakeholders. Ebit/ev % also one of the better value indicators. I’d argue that there is not that much value in historical data whether fundamental or technical lol. Scenarios of future output * price are way more...

Ebit is the superior metric

I’ll do some analysis tomorrow— this could be fun

There's very little, if any evidence, that chart trading works. When you think about scalping you should understand what is creating the opportunity. I highly suggest reading into market anomalies and then spending your time to 1) analyze a handful and 2) find your own. For the past 60 years...

yes with a few minutes every day you can scalp your way to riches! :rolleyes:

I'd suggest leveraging your background in software engineering to become a systematic trader. If you distill your trading rules into an algorithm you can backtest the results and see how they perform through a variety of situations. What you may find, ultimately, is that there are no trading...

Lol the dude is cherry picking screen shots and you believe him?

I just want to see volpris cumulative pnl and know why he's not a multi-millionaire yet.

Well you can scrap IBs database to get a sense as to the size of smaller funds.

On the institutional side, you're looking at $100-250MM on average per portfolio manager. Some PMs can manage billions-- depends on the strategy.