Recent content by Dr. Toad

I have been testing and occasionally implementing automated systems. Haven't found anything that works all that well yet though so I am starting to look at things I have previously neglected. Currently I am in the process of paper trading a short term (no overnight exposure) short only system...

I wouldn't look that close at them. I have taken a closer look at the scans I used to generate them and they seem to lead to nowhere overall. Still trying to come up with something.

Still messing with developing a scan worth anything...haven't looked at the one used to generate these close enough to know if it is worth a damn or not. I strongly suspect not, but anyways, picks for 8/15/17: CPB PCG AGR ED CMS XEL ES EIX POR SRE

Just about missed this with the 10 pages of nothing after it. Yes, 2% sounds absurdly high to me for a beginner or testing a new strategy (same thing in my mind). But my account size is likely larger than most beginning traders since I don't trade CFDs, and I daytrade so my account is subject...

If ~65% (the actual drawdown for your scenario) was even remotely close to 80%, I would be a millionaire by now. I agree with the intent of your post, but really even the 0.5% is completely arbitrary and not useful in my opinion. The amount you risk should in my opinion depend on factors...

I have done this exact thing recently and live. My broker has a scan for % change in past 2 minutes. I would look at that, find ones that were trading near/at their day high and had reasonable spreads. The ones that meet that I took a quick look at to see if they were trending on the 5 min...

All results I will post will include my commission fee and are generated from my autotrade system that has proven to fairly accurately mimic live results. So my results will be slightly different than the days recorded close - open. More than likely, slightly lower wins and higher losses. For...

Glenn missed one of the most important (but easily overlooked) aspects of what to look for when shorting a stock. This is --> how easy it is to short the stock. I can't even count the number of times I have tried to short a stock only to have my order rejected since my broker has no shares to...

Don't mean to hijack your thread, just thought I would play along with my picks. My trades will be slightly different, buy at/near day open, sell at/near day close. I will have my picks on autotrade for the day and will give the entries/exits that it takes. For 8/11/17: MYOK KMPR WTW ATHM...

Not sure I would consider myself a trader as my salary from it is negative. However, it is possible and really not difficult to do it with automation (what I do). Doing it successfully though...that is another story.

8/10 Plays ATHM 3.41% GPRK -2.46% MZOR -2.12% UCTT -5.57% SAFM 1.43% NVDA -4.28% TAL -3.63% KITE -0.31% WTW 2.85% HUM -1.29% wildcards KOPN -4.56% ZNGA -3.72% Overall day -1.20% Wildcards -4.14% If it makes you feel any better, you faired better than my picks (-2.11%), and the market...

I did a bit of testing on this about a year ago. I couldn't get anything worthwhile from it. Not to say it can't work or be the foundation for a strategy. Just that I failed to do it at the time so started looking elsewhere. Same comment for gaps up and down. With that one I seemed to have...

I was able to get the basic concept coded up and functioning. Haven't really debugged it yet but it appears to be doing what I am telling it to. I likely need to add more filters and definitely need to do some more testing on it to make sure it is robust enough and investigate different ways...

Good thoughts. This is kind of the route I am headed with this. For my original seat of the pants experiment I didn't really have anything ironed out, so no real set risk when I did that (very bad idea, I know). Looking back at the successful trades, the low of the previous 5 min bar seems...

Appreciate the PDF and comment. I never have been able to make heads or tails of volume, I only really trade price action, so should be of some use to me.