I am posting this thread to see if there are any very intelligent traders who visit this site to exam a day trading strategy I have developed over this past year.
Here are some of the details:
1) I have between 140-350k in DTBP (day trading buying power). It varies based on how much cash and positions I carry over night.
this is extremely important as the strategy requires a purchase of 1000 shares of each stock to be reasonably profitable. 500 shares is still profitable but far less, and 100 shares of each stock is a loss over time. More than 1000 shares can require in excess of 500k in trading power on some days.
2) I buy 'some' stocks in the morning and sell them 'later' in the day. I am leaving out some of the details on purpose.
3) I do not make a profit on every trade, far from it. In fact, I do not make a profit every day, far from it, however overall, the method is profitable.
4) Over the past 6 months, the method yielded 'thousands' of profit. I do the exact same thing every single day and have records of each trade. I have the exact bid and ask prices of each stock at the times of importance.
5) Finally, I am looking for some very bright, mathematical minds that understand and have studied probability and statisics to review my strategy and perhaps help me further 'refine' it to increase the winning trades and overall profitability of this.
That is as much detail I want to post to the general at this time. If you are a serious trader and would like to talk with me about this via email, send me a personal message with your email.
I realize this is a public forum, and am willing to discuss some of this in the open.
I know this is a long shot, but what the heck, maybe there is someone on this site who could offer something worthwhile.
Regards.
MXTACF.
Here are some of the details:
1) I have between 140-350k in DTBP (day trading buying power). It varies based on how much cash and positions I carry over night.
this is extremely important as the strategy requires a purchase of 1000 shares of each stock to be reasonably profitable. 500 shares is still profitable but far less, and 100 shares of each stock is a loss over time. More than 1000 shares can require in excess of 500k in trading power on some days.
2) I buy 'some' stocks in the morning and sell them 'later' in the day. I am leaving out some of the details on purpose.
3) I do not make a profit on every trade, far from it. In fact, I do not make a profit every day, far from it, however overall, the method is profitable.
4) Over the past 6 months, the method yielded 'thousands' of profit. I do the exact same thing every single day and have records of each trade. I have the exact bid and ask prices of each stock at the times of importance.
5) Finally, I am looking for some very bright, mathematical minds that understand and have studied probability and statisics to review my strategy and perhaps help me further 'refine' it to increase the winning trades and overall profitability of this.
That is as much detail I want to post to the general at this time. If you are a serious trader and would like to talk with me about this via email, send me a personal message with your email.
I realize this is a public forum, and am willing to discuss some of this in the open.
I know this is a long shot, but what the heck, maybe there is someone on this site who could offer something worthwhile.
Regards.
MXTACF.
