| StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!! | << 1 ... 26 27 28 29 30 ... 105 >>Post Follow-up |
| TheRumpledOne 6,529 posts msg #69018 - Ignore TheRumpledOne |
11/5/2008 2:07:27 PM IT'S NOT EASY. IT'S SIMPLE. SIMPLE NOT THE SAME. IT'S BORING. YOU JUST SIT THERE WAITING AND WAITING. FINALLY, YOU GET A TRADE. THEN IT'S MORE WAITING. BUT THE PAY ISN'T BAD! |
| CKING 17 posts msg #69019 - Ignore CKING |
11/5/2008 2:57:35 PM Hi TRO, I do love your styles but at the same time I am annoyed seeing all these gains passed me by as I haven't trade real time yet ( still paper trading). You mentioned once the gap is filled, we can trade either way. Can you please give more details in the example of RIMM? I can see it gapped down and we buy at the blue lines, once it reached 2% or gain a dollar we sell. From there onwards, at what point we enter and exit as the gap is filled. Thank you again. |
| Eman93 4,750 posts msg #69031 - Ignore Eman93 |
11/5/2008 10:07:49 PM TheRumpledOne - Ignore TheRumpledOne 11/4/2008 6:35:32 AM Auto Trade? What are you asking? Yes, it is possible to auto trade but I do NOT recommend it unless you can think like a computer. ------------------------------------------------------------------------------------------------------------------------------------------------------ I know Tradestation has automated trading have you ever givin it a try? This method seems like a good one or the RFR method. I like this one because of the tight stops and not holding overnight. I just recived a membership for Wealth Lab... I am working setting up some auto trade code in C#. Thanks for your sharing, you have been a termendous help to me. |
| TheRumpledOne 6,529 posts msg #69033 - Ignore TheRumpledOne |
11/5/2008 11:16:42 PM CKING 11/5/2008 2:57:35 PM Hi TRO, I do love your styles but at the same time I am annoyed seeing all these gains passed me by as I haven't trade real time yet ( still paper trading). You mentioned once the gap is filled, we can trade either way. Can you please give more details in the example of RIMM? I can see it gapped down and we buy at the blue lines, once it reached 2% or gain a dollar we sell. From there onwards, at what point we enter and exit as the gap is filled. Thank you again. ============================== Once the gap is filled, you can trade short or long. RIMM gapped down, so we only trade long. RIMM filled the gap, now if RIMM enters the short zone, we can go short. Also, you take whatever profit you can. It may be pennies, nickels, dimes, quarters or dollars. There is no predetermined profit target... though a dime at a time is nice. |
| TheRumpledOne 6,529 posts msg #69034 - Ignore TheRumpledOne |
11/5/2008 11:18:24 PM I know Tradestation has automated trading have you ever givin it a try? This method seems like a good one or the RFR method. I like this one because of the tight stops and not holding overnight. I just recived a membership for Wealth Lab... I am working setting up some auto trade code in C#. Thanks for your sharing, you have been a termendous help to me. ================================== Auto Trading was the main reason I went to TradeStation years ago. Yes, I wrote AutoAvery to milk the cows automatically. But TradeStation will not let me trade anymore..... if you want to know why, read about it in my yahoo forum. |
| Eman93 4,750 posts msg #69037 - Ignore Eman93 |
11/6/2008 1:02:32 AM Auto Trading was the main reason I went to TradeStation years ago. Yes, I wrote AutoAvery to milk the cows automatically. But TradeStation will not let me trade anymore..... if you want to know why, read about it in my yahoo forum. ---------------------------------------------------------------------------------------------------------------------------------------------------- I get the jist of what happend..... The reason I ask, the back test on Wealth Lab gives different results based on the chart time scale. A ten min chart is 80% and a 1 min chart has a 40% win rate. I have it set up to make one trade a day, I have a cash only account and want to use 20%+ per trade. Did Trade station enter trades based on the scale of the chart or by the streaming price data? It seems to make a difference I can look at the chart and see where I would have lost a trade because of price but the "alert happened on another bar 20 min later and ran to the profit target. The user forms on WL net are not very active, I respect your opinion and any first hand experiences you are willing to share would be useful to me. |
| TheRumpledOne 6,529 posts msg #69043 - Ignore TheRumpledOne |
11/6/2008 9:43:43 AM
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| TheRumpledOne 6,529 posts msg #69044 - Ignore TheRumpledOne |
11/6/2008 9:45:45 AM Remember I said don't even think about trading unless you can think like a computer? Running test changing chart periods is NOT the way a computer "thinks". I strongly urge you NOT to manually trade. |
| chetron 2,817 posts msg #69052 - Ignore chetron |
11/6/2008 10:40:41 AM ???????? |
| dforant1 76 posts msg #69070 - Ignore dforant1 |
11/6/2008 7:39:10 PM *chetron - Ignore chetron 11/6/2008 10:40:41 AM ???????? ** Wow hard to make those question marks caps huh? |
| StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!! | << 1 ... 26 27 28 29 30 ... 105 >>Post Follow-up |