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Yea but my idea of sleeping pill is 9mm
just saying
M
AH futures jamm job
I wish I knew who was staying up doing this stuff
would give that sons a gun a sleeping pill
damn this is so frustrating
N
JPM front ran the FED
got the Algos flying
More BS to ramp the market
It had to be deliberate and cleared thru "Whom" FED included
===========================================================
The Fed released the results two days earlier than planned after JPMorgan sent out a news release saying it had passed the test.
same crap
Last year, the Fed allowed some banks – including JPMorgan Chase & Co. and Wells Fargo & Co. to raise their dividends because they were deemed healthier.
JPM raisied again
Whoa, I just back home. I'll take a day like today any day.
I hope few people are following BuySellHold. They are now down over -10% for the month. Hanging on to a 300% short takes real staying power in the face of this market. Never seen anything like it. He (she) has no market experience, just running numbers.
Sounds good and good luck. With the market up >1% and me better than that, I will just ride it out. Will be gone in a few minutes.
13:19:05 In TZA again @ 18.38, light load
?? light wild sell off. whip saw
What do you expect to happen?
>>>>> FOMC Day <<<<< 14:15 Trigger
Got a SR60AT sell signal y at 12 at 81.33 and then it reversed this morning at 11 at 81.95. This now appears to have been a false signal that generated a -.75% loss.
The good news is that I only used the signal to pull back from 150% to 100%, so overall I still did ok.
Looking back at the events of the last week, what happened y should not have been a surprise. Last Tues we saw a huge -2% drop in the market. Then it rebounded Wed-Fri for .94%, 1.31%, and 1.37%. Y the market pulled back a modest -.22%. Surprised, should not have been. SR60AT over reacted to the situation.
Over the course of the last 9 months we have seen the VIX spike up and now move to very low levels. I when back in history and just did an eyeball average for the VIX each month to compare to the SR60AT returns. Guess what, really good coorelation.
So I have three charts I can use for 60min trading.
1. SR60 anytime - over reacts during low VIX like y, but was
extremely successful last fall when VIX was over 30.
2. SR60 10am - did not siganl a sell y
3. Slow 60 - appears to be a great chart to be used during very low VIX.
So going forward I am going to be looking to use SR60AT for VIX>30 and Slow 60 for VIX<20 in general. However I may still use some combination. But for the present, with VIX under 20, I will no longer use SR60 AT.
Duma > flip over to Desert's board
I'm jamming in a lot of TOS there
http://investorshub.advfn.com/boards/board.aspx?board_id=18585
I checked and you are right, I can stop the notifications. But that is not the point. Why does TDA want to make a change to my computer every time I log on? Do you know?
Duma > I assume you are talking about Win 7's
user account control that pops up Before the actual
TOS login screen, if so that is a WIN 7 function and
can be changed to notify you by clicking
Change when these Notifications appear that is just
below the Yes / No box
My remodel project is drawing to a close and soon I will have more time on my hands to trade. I have made less than 5 trades since the beginning of the year. It has been really good for me to take a break and just paper trade several strategies. However I have been active with my Slow 60 chart, but as the name implies, the number of trades is low. But this is perfect for another larger IRA that I want to start using it on. "Sell in May and go away" time is coming, so I hope to kick it in by that time.
Still tracking my SR60 chart and it has been doing really good considering the low volitality of the market. Jan returned just over 5%, Feb just under 5%, and Mar is already over 5%. Remember this is all based on only trading at 100%. I typically trade long at 150% and short 50%.
For March Slow 60 is currently up just over 3%.
These are certainly not the type of returns that day trading can generate, but the returns are excellent considering the amount of time spent. I would expect that SR60 will return between 50%-100% for the year, and I would expect Slow 60 to return something between 15%-25%. Not a huge %, but a lot of $ for a larger account.
Although I have not been tracking SR60 10am trading vs Anytime, the difference between the two is going to be small. Most of the recent trades have been coming at either 10 or 11am. With the low volitality, I think I can trade 10am only and do well enough considering I still can not trade all day.
So beginning tomorrow I will start trading some combination of SR60 10am and my Slow 60 chart. I am currently sitting 150% long. If I get a SR60 short signal then I will probable pull back to 50%. I want to keep trading some part of my assets based on the Slow 60 chart just for the real time experience. I could certainly see myself going to 100% for each strategy. That would have me trading as high as 200% and short as low as 100%.
By the last week of the month, I may once again try a little day trading again. But it will different than before. I want to wait for certain types of set ups to greatly increase the odds of success.
Hope all have a good week coming up.
spd, got a question for you. Everytime I want to open TOS, I get a message asking permissin for TDA to make a change to my computer. It is the same kind of message that one gets when a software upgrade or new program is loaded. Does your program do this also? I am not concerned except that I hate for TDA to keep making repeated changes to my computer's registar. Eventually it gets gummed up.
I learning ThinkorSwim and it's partner software Prodigo which should accomplish what you want. They do require a pretty good investment of time. Read the brief summary below the video and listen to the the beginning to find out more about the program Prodigio.
Murray, good to hear from you. Yes I am fine, but so deep into a remodel project that I have had no time to trade during the day since Jan 2nd.
To directly answer you question, the only way I would have to do what you want to do would be with TDA's TOS software. I opened an account with them, but never funded it. I have had access to their site for months. I think writing script for what you want would be pretty straight forward although I am really not good at doing it yet. SPDPRO would be your best source if you get to that point.
Quote Tracker would be easier, but history could be a problem.
Just a quick comment for you on what you are trying to do. IMHO, a stoc period 14 is really fast. But then that is just my style, maybe it is exactly what you want to do. Since I could not trade daily this year, I had to go to what I call my Slow 60 chart. I am using a stoc with a period of 139. See my sticky post if interested.
Good luck.
Hi Duma,
Hope you are well. I'm looking to construct a market scanner to trade trending ETFs for my retirement account. I would like to construct a daily market scanner which is defined by;
EMA20>MA50>MA200 + Full STO %K(14,3)>%D(3)
I would then like to apply this scan to the TSE Horizon BetaPro funds if possible although a TSE/TSX scan would be acceptable. If I like the results I may expand it to US markets.
Would this be possible in entirety or partially with any of the free or other other software you are aware of? I expect that I will be able to accomplish this with a Stockcharts.com subscription if necessary.
TIA,
Murray
Below is the graph I believe he is taking his signals from in part. He does have an interesting twist in that he takes his signals from SPY and then trades TNA/TZA 100% (300% of assets).
http://buysellmodel.com/
where was this again
I need a good laugh
Gotta ya. Have a good weekend.
Gotcha, not trying to defend him, wasn't thinking about the 3x nature of tna/tza.
If you invest 100% of your funds in TNA then that is the same as investing 300% in IWM. It is even higher as compared to SPY, since IWM has a beta >1 compared to SPY. IWM was up 1.38% today, so TNA invested as a short at 100% lost BSM -4.15% today. Couple that with the -.78% for the long at the beginning of the month, and they are down -4.93% for the month.
Both IWM and SPY are up <1% mtd. I am over +3%. Nothing to write home about, but not bad for a very inactive trader.
Did you see the graph he posted on his web site? I don't think he will be successful except in a market that is very choppy that reverses every day or so, like 4Q.
I had them 100% short tna at the close yesterday. Still not too hot.
BS model is taking a bath this month. They went short 300% y at the close. They should now be down 5%+ for the month. Swing models often have a problem. Just because a market is OS or OB does not mean it is going to reverse.
My long from y is looking good this morning. Entered near the close level of Wed at 150%.
more Magik via the Ratz
What a gift to get an entry at the close of y.
I was all set to get back long at 10am, but that is on hold for the present.
Duma > not much, paying less attention to market
with all this madness going on and no real faith
in anything but dice for an indicator
still working on a lot of code stuff with Desert on TOS
Everybody's laying low, what's going on? I have a good reason, lol. My trading has gone to almost zero, but I still review the action every night. Will be back home later this month and hope to get started again. Actually have enjoyed the break from watching the action live everyday. When I do start trading again, I think it will be with a little different style for day trading, but still love my momentum trading.
I'm still around, just laying low
Yeah I was thinking the same thing. Kinda poked around the blog and didn't see any way to do any decent due diligence?
Well I was wrong when I thought BSM was a swing trader. No swing trader would allow themselves to go almost 7% down. Trading without stops can be very damaging to your acccount. I would assume what ever trigger they are using will flip eventually. Support and resistance I guess are not part of their model.
With my very slow trading I am having to do for the present, I have been in cash for several days now. Feels good this morning.
Even thought TA's have been calling for a sell for a long time, support has been holding up well until Fri when it was finally broken with a zest. Now what comes next, since SPY is not making any major move yet? Is IWM leading a down turn or is it just another short dip to the downside before bouncing back? At least I have over a 1% margin since exiting to play with as we see what happens next week.
Note that almost all of the gain for Feb was made Feb 1. Missed that date and one missed the month.
Market is breaking support again. Decided to go to cash.
yeah we will see what happens when he sells
Good call last night by BSM. Acting like a true swing trader.
Sammy, thanks for the link. It will be interesting to follow this guy for a time. Here are some of my thoughts however:
1. I don't like trading systems that are black boxes. It maybe free today, but if it is successful, I am sure he will start charging $100-200 a month soon.
2. This guy has no track record at all. He admits he couldn't make any month day trading but some how came up with the magic formula that now works for swing trading. Really?
3. Interesting concept to factor in whether the market is "healthy" or not. Need to think about that myself. Actually a good concept.
4. My SR60 is up 7.4% for the month. It one had invested with 3x funds as does this guy, the mtd return would be 22.2%. This easily beats his 17.1% mtd.
buysellmodel.com
Another gift this morning for day traders!!!
So that is what that post was about.
HI Duma, I tried on the 22nd when jaws said he got in, and I was able to get in. I haven't upgraded Java though I keep getting a message that there is an upgrade ready.
Gloe, I got a message back from FSC on the 22nd which I just around to reading this morning. They said there is no problem with their systems.
I tried again a day or so ago and still could not get FSC to load. Although I did get the ads on the right. So this has been going on for over a week.
When I turned on my computer this morning, I had notification of a new version of Java. I installed it and then tried FSC again. It loaded fine. I wish I had tried to load FSC again this morning before I ungraded Java.
Please let me know if FSC loads for you.
Jon
I don't use them, but I gave it a try for you. It still hasn't loaded. Maybe their server is down.
I get exactly the same. Hope they just have a temp problem. I still use them.
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As of Oct 2013 I made a major shift in my trading to Phase Charts. I then stopped all my trading with SR60 and F85 although I still use the signals with Phase Trading when the timing is right. I feel that this is a good time to stop using this board to describe and document my trading. This board has operated very well of late as a general board and I like that. I plan to continue posting my general comments on this board just as before, but starting today, Oct 28, I will post all my comments about Phase Trading on a new board that I have created, CYCLE TRADING.
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