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  1. J

    The world's best-performing stock of 2019 just lost 98% of its value in a single morning

    I dunno, if I'm ever up 3800% on a stock its because I booked profits on the way up and all I have left by then is a small runner position with a stop. If you as a trader do not take profits when you have them then someone else will.
  2. J

    How much is a good Stoploss system method worth?

    I am not using MAs for entry, and more specifically I would rarely get in at the 'bottom' of a trend. This thread is about exits and I just explained how I exit positions - sell some on rips, sell some on weakness. It works for me - may not work for everyone and that's fair enough. I do not...
  3. J

    How much is a good Stoploss system method worth?

    My method is simple enough (for swing trades): 1) Sell a portion on a gap-up or when price pushes too far above the 10 period simple moving average without a pullback (this second bit is subjective). 2) Sell a portion or remainder (again, the choice of which is a bit subjective) is if we get 2...
  4. J

    Please suggest a good Algo Trading Software

    Surprised no ones mentioned SmartQuant http://www.smartquant.com/index.html - seems built for this. I evaluated it a few years ago but ultimately settled on MultiCharts (.NET)
  5. J

    Multicharts 12.0 - basic customizations missing?

    #1 - agree MC doesn't have it and that's a bit odd. But its a visual thing that never personally bothered me compared to the many advantages that platform has. #2 - I created my own MACD that did this and it wasn't so hard to base my work off the out of the box version.
  6. J

    High Probability Trend Strategy

    I follow a guy on twitter (and who has a service) that has a really simple strategy: buy when market in uptrends (he defines this as 2 closes above daily 10d SMA with the 2nd close being higher than the first). He also likes a secondary signal as confirmation (MACD or break above a basic...
  7. J

    Backtesting and automated trading.

    No offence, but isn't that a tiny bit... obvious?
  8. J

    Backtesting and automated trading.

    I used to program C# professionally a decade ago and ended up doing java. Coming to trading I have been able to use MultiCharts.NET with C# and it really isn't much different from Java coding. If you're looking for a 'pure' Java solution then look at MotiveWave.
  9. J

    DeMark indicators

    How would you propose testing an 'indicator'? They're no different to having a barometer or thermometer and trying to predict the weather. With all indicators, their effectiveness is dictated by how you're able to use them.
  10. J

    AMP Margin for Positions opened in night times

    I believe there is a $20 or $25 fee if AMP automatically have to trim a position - I could be wrong though. However, if playing this game then definitely DO NOT rely on any brokers automated systems to keep you out of trouble. Always keep an eye on the session times and adjust your positions...
  11. J

    We have topped!

    Not saying you're wrong, but it was that type of thesis that led a LOT of people to miss up on the rally from 2011 until now. The only thing that matters to us as traders is our profit and loss and that is solely depending on price and our trading decisions. Anything else is noise.
  12. J

    DeMark indicators

    This guy posts regular updates on DeMarks main indicators: https://tradetrekker.wordpress.com I did some research into them while I was designing automated strategies and as far as I can tell they aren't as useful nowadays. I did a lot of back testing to see if I could find any type of edge...
  13. J

    Trump2Cash

    Just saw this on HN: https://github.com/maxbbraun/trump2cash (original post here: https://news.ycombinator.com/item?id=13613826 ) Posted with no comment though it may be of interest to anyone looking to investigate sentiment analysis to generate trading ideas.
  14. J

    France’s AMF advises traders to immediately close accounts with Banc De Binary

    @Sig I stand corrected then. I just never researched them in too much detail - none of the traders I've learned from seem remotely interested in them, online forums are full of dissatisfied comments about binary options in general, and I've also not been able to see the attraction either.
  15. J

    France’s AMF advises traders to immediately close accounts with Banc De Binary

    I have yet to hear of a binary options broker that isn't a total scam so this comes as no surprise.
  16. J

    Can I be confident with this strategy?

    Actually, with intraday strategies its a bit simpler - I expect a certain minimum win rate (e.g. on average a strategy might have a win rate of 60% but my judgement will tell me if over a 2-3 day period it shows a 40% win rate then I immediately start investigating. I'll either stop it...
  17. J

    Can I be confident with this strategy?

    I had this 'problem' with my strategies - they'd work for various lengths of time (3-8 months). It was frustrating at first but then I learnt how to figure out when they stopped working early - before I lost all my gains and then moved onto creating a new strategy. All strategies work until...
  18. J

    Any other non-US (UK based) clients using AMP

    No UK bank will let you send a SWIFT payment to AMP's Sterling account (reason is... AMP's Sterling account is in the UK and the only way to put money into it is via BACS - and that won't work because if you try that the payment will not have the correct routing information on it to ensure AMP...
  19. J

    Any other non-US (UK based) clients using AMP

    Thanks @trade2win - I should have done the same as you with a £0.01 test deposit; mine was significantly greater! Banks can't recall Faster Payments transfers. My bank is certain the money is in the account with sort-code: 600004 and number: 10013067 and I'm fairly sure its a BMO account. So...
  20. J

    Any other non-US (UK based) clients using AMP

    Well AMP told me to talk to my bank. My bank had told me to talk to whoever owns the UK account where the funds were deposited (I think BMO). So I called BMO in the US, they told me they'd help but I have to go back to AMP (which I've done). I seriously feel bad that it's taking so much effort...
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