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  1. tommcginnis

    Does Technical Analysis Work?

    Somebody forgot their brannnnnn flakessssss. :wtf: :D "It works..." is quite simple: it makes US$1.00 "It works well..." might go a step further -- it begets 80% of market buy&hold, with reduced risk. "It kicks ass..." might be that it *beats* the market, *while* reducing risk over buy&hold...
  2. tommcginnis

    Does Technical Analysis Work?

    CHALLENGE: The MACD is not my favorite indicator, but it does work. So, I offer you a challenge -- you post a graph of any underlying you wish -- any market, any calendar, any calendar length. Two restrictions: it has to be available on TradingView.com (thus, we both have access to the same...
  3. tommcginnis

    Developer needed for tradingview / interactivebrokers

    Sounds a lot like: https://www.interactivebrokers.com/en/index.php?f=770 You're welcome. That'll be $1135. Please pay on your way out. :D
  4. tommcginnis

    Does Technical Analysis Work?

    You are a cruel man. Many (Many!) are the ways one might address this task. I offer but one: https://duckduckgo.com/?q=science+beer+tshirt&t=ffsb&iar=images&iax=images&ia=images (Reminds me of the olde "Answer Café" whose motto was, "Where you either find the answer, or forget the question.") :D
  5. tommcginnis

    Does Technical Analysis Work?

    You are correct in your implicit supposition: if you trade based on logic, you can code it. And further, rather than brute-forcing your way through a permutationⁿ worth of variables, use that very same logic to pare things down to manageable numbers. The game of chess has 16 variables, per side...
  6. tommcginnis

    How to Stay Calm & Collected when trading for real?

    (Totally worth the YouTube Shawshank tour...) Oh well. :rolleyes:
  7. tommcginnis

    Does Technical Analysis Work?

    I have a ..... slightly ... different view. For me, "I hate questions." And so, when I have a question, I go hunt it down, thrash it around, pose a strawman, and beat the crap out of it, looking for a robust answer. In current lingo, I Science shit. And so there's the rub: what I put into a...
  8. tommcginnis

    Help me filter this list of trading books

    ^^^^^^^ THIS! Big time!! :D
  9. tommcginnis

    How to Stay Calm & Collected when trading for real?

    Wrong. The foundation of any beneficial simulation/practice, is taking it seriously. Try farting around as a pilot or LEO or Special Forces or ER care or ......, and see what happens: your ass will be fried, *because*, when others need to depend on you in real time, your training will be crap...
  10. tommcginnis

    Possible to build a custom Tick Indicator in EXCEL?

    You can design a car in Excel. It's a mathematical chalkboard. It will certainly build you any sort of TICK you wish to create. ??? ???
  11. tommcginnis

    Does Technical Analysis Work?

    Does Technical Analysis Work? That's like asking "Does this screwdriver work?" It's a tool. Use the right tool for the job. That's it. Quite, quite, simple. Using a screwdriver where a pair of pliers is needed? Won't get it done. Using a straight-blade where a Phillips is called for? Won't get...
  12. tommcginnis

    Help me filter this list of trading books

    ^^ ^^ THIS. And Elder, and Tharp. For me, Aronson and Pardo. For you?? :wtf: Who knows?
  13. tommcginnis

    How wider do you think is SPY's open range vs the mid-day range?

    NICE! [Edit...] Jeez -- great Thinking thread going on here...
  14. tommcginnis

    How wider do you think is SPY's open range vs the mid-day range?

    Along that line, I'd love to see a study on 'continued opening trend' days -- where, after a first-hour climb[fall] of x-points, how does the market behave[close] after that? Usually, the bigger the pop[drop], the more likely a continuation. But I'd love to see empirical evidence. (Especially...
  15. tommcginnis

    How wider do you think is SPY's open range vs the mid-day range?

    Nicely done study, and a very fun read. There were lots of points I had 'responses' to your statements, but then you resolved them all by the end. 'Engaging!' Nice ol' :thumbsup:
  16. tommcginnis

    New options strike listing policy now in effect

    "Phew!" That scared me bigtime. My options platform was destroyed when IB altered it's output routine, from "By Strike: Calls, Puts" to "Calls: By Strike; Puts: By Strike." Having to re-machine to take care of missing/off-stepped strikes from CBOE scared me bigly. BUT! My needed ranges are well...
  17. tommcginnis

    Did IB just screw me or was it the exchange?

    1) Wrongo. The update had nothing to do with Trader99's choice to log off/on. Why didn't he hit Cntrl-F? Cntrl-R? We don't know. Why didn't he wait? Don't know. But updates are not triggered by log off/on. 2) As compiled code from human-readable origins, Java is not the quickest. But by no...
  18. tommcginnis

    Historical option datas

    MAN! THAT is some bad-ass latency right there, it is! :wtf: :D
  19. tommcginnis

    Did IB just screw me or was it the exchange?

    There are many possible sources for the events that Trader99 describes (including Trader99, desktop, W7, the exchange, and IB), but considering the volume which IB/Timber Hill carries, the cracks about 'bad software' -- were they true, would've put them out of business eons ago. What *we...
  20. tommcginnis

    Did IB just screw me or was it the exchange?

    Just for point-of-reference purposes, if you bump your order up or down price-wise, that will be LOTS faster than cancelling and re-writing a new order. It's one click away, versus 5-6 clicks, and maybe some user inputs AND some IB account/margins checks... WOW. So, review some TWS videos on...
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