Posts Tagged ‘Uncategorized’
Scan: 6 or More Trend Days
Today’s article by TickerSense highlights a source of free information at Trade-Ideas to include in your tool arsenal. Here’s what was reported: GS, NCC and SYMC have gone up nine days in a row. In the past three years, this has happened one other time for each of these stocks, and they all went up…
Read MorePrepared for Tomorrow’s Fed Decision?
In light of tomorrow’s Fed decision, I am posting links to some of our previous Strategy Sessions that work best when the market is about to absorb key information: The Fed Watcher – uses unusual number of prints to pinpoint key activity The News Watcher – similar to above but more emphasis on volume surges…
Read MoreDaily Ticks: Not All Pain is Gain
A list of what’s got our attention today: Dr. Brett Steenbarger asks, “What if stop losses consistently minimize the profit potential of promising trade setups?” Diagnosis and prescription offered. Ouch. “How to put information behind your trades” – another article from the Doctor that describes extra information he uses beyond the usual charting applications –…
Read Moredowntowntrader Reviews The Odds Maker
Thank you DTT! downtowntrader reviews The Odds Maker (what’s that?) and provides some great feedback we intend to use as we refine the tool. Downtowntrader and others are evaluating Trade-Ideas with the beta release of The Odds Maker to reveal which of their trading strategies produce the highest odds of winning trades. We thank DTT…
Read MoreWhen the Markets Makes a Sharp Course Correction: Under The Odds Maker’s Hood
An evaluator’s skepticism about the time frame used by The Odds Maker prompts us to set things straight and show actual trade by trade results from yesterday’s session, September 12, 2006. The Odds Maker uses approximately 3 weeks worth of trading data to evaluate the effectiveness of any strategy. Yesterday on September the 12, 2006…
Read MoreOdds Maker Proves that Time is Money
First there’s an interesting factoid regarding the latest “Friends and Family” release of The Odds Maker to share with you: According to our database The Odds Maker is being run by someone around the world every 5 minutes throughout the day – including before and after market hours. International traders and insominacs unite! How to…
Read MoreHow To Build A Trading Strategy Using The Odds Maker (Part 3)
The last of this week’s posts on How to Build a Trading Strategy Using The Odds Maker examines which Trade-Ideas filter makes a big difference in determining a strategy’s performance, what other measure in The Odds Maker results is as important as the win %, and a useful method of developing a conceptual trading strategy.…
Read MoreHow To Build A Trading Strategy Using The Odds Maker (Part 2)
There’s already positive feedback regarding this series of posts (Part I) that discuss techniques on getting the most out of our soon to be released add-on tool, The Odds Maker. In fact Dr. Brett Steenbarger offers some excellent advice on the type of trading hat a user should wear below. He is rapidly becoming an…
Read MoreTrade-Ideas In Your Town: Atlanta
TraderMike suggests another local gathering of Atlanta-area traders. Michael organized previous events like this that were casual and fun. It’s a great way to network and perhaps meet a new trading buddy (which is an important feature of a good trading plan). If you are interested in learning more about the upcoming get together please…
Read MoreTrader Monthly Survey: Nominate Trade-Ideas (or Not)
A subscriber sent us the following email and told us he nominated Trade-Ideas in the ‘Other’ category described as, Other: If you know someone upon whom you depend to keep your P&L humming along (more P than L) yet doesn’t fit into one of our categories — give us the skinny and we’ll try to…
Read More