Harrisdirect, Brown|Co Pilgrim?

Welcome to Trade-Ideas. Grab a chair and come to the table for a tool that delivers a feast of new ideas and your best trades. If you are looking around and revaluating your broker’s tool set in the face of pending mergers, make sure to sample what Idea Generation Technology (IGT) can do for your…

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Paper Trades: One Off, One On?

I see the Englishman transitioned from paper trading to trading in earnest and want to pass along our best wishes for good trades. (Thanks Mike)http://englishmantrader.blogspot.com/2005/11/trading-summary-11102005.html I read the hilarious musings and descriptive misery of Slovak trader and suggest he might do well to give paper trading a go: http://slovakchart.typepad.com/main_street/ (jk Frank!) TurtleTrader describes paper trading…

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Atlanta Chapter of the MTA meets

I go to these meetings regularly for the quality speakers this chapter attracts. I helped this year in creating the speaker’s list and inviting them to come. Meetings organized by the Market Technicians Association (MTA) are great places to learn, ask questions, and listen to industry leaders in technical analysis. Here’s the next meeting’s agenda:…

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People at Work

Minor but important upgrade work started today after the market and continues until tomorrow’s pre-market session. FYI.11.09.05 0.5/6.5, 3/3, 12/2411.16.05 0.0/6.5, 0/3, 2/2411.18.05 0.33/6.5, 0/3, 0.33/2411.22.05 6.5/6.5, 3/3, 16/2411.30.05 0.06/6.5, 3/3, 0.06/24

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TradeStream Global Chooses Trade-Ideas

Here is the press release describing the latest trading technology platform to integrate with Trade-Ideas.http://www.prweb.com/releases/2005/11/prweb306026.htm Our other press releases can be found here. Ask your broker or service provider what they have in terms of idea generation technology and suggest Trade-Ideas as something they should add to their service offering. Likewise you don’t have to…

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Improved and New Alerts Added to Trade-Ideas

Time to deliver on several suggestions requested by customers who took the time to give us valuable feedback. Announcing Improved Alerts and New AlertsHere is a quote from our Help section describing the improvements to Market Crossed Alerts: The market crossed alerts appears when the ask price for a stock is lower than the bid…

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Strategy Session: Predicting Strong Closes

While recently reading The Kirk Report I came across Dr. Brett Steenbarger’s latest article on TradingMarkets.com, “Here’s a way to predict strong closes… “. I dedicated the rest of the day to modeling the strategy described in the article and liked the results enough to share them – but judge for yourself. Background:Brett Steenbarger Ph.D.,…

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Strategy Session: Next Level Tape Reading

DefinitionTape reading is the technique used by “seasoned” professional traders to get a feel for the market. The idea is simple, as you watch the “ticker tape” you get a sense of what is happening – whether buyers or sellers are in the control at the moment. Tape reading skills can be applied against the…

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Block Traders – A Spur to Action

The Block Trading services like POSIT and Liquidnet seek to minimize the market impact of their clients’ (i.e., portfolio managers’) large, institutional orders. Successful matches get printed on the tape as they happen but no one sees the activity leading up to the trade on a Level 2 market depth screen. These services only send…

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Strategy Session: Breaking Consolidations – Be There

Since we just announced the addition of 4 new filters (Ed.: see yesterday’s blog entry), it is appropriate to create two new sample strategies utilizing them. As usual remember that these set-ups are sketches meant to give you an idea of how to model your own trading plan. Use this ‘as is’ or modify it…

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