Entry Entry is the act of opening a position based on an input signal from Research. Not all signals result in an order since the signal must...
Thanks Fletch, that is a good point. I have worked with software systems for years, and I find that spending time up front to make sure the...
At least one :D
Research Most research will be automated by the individual trading strategies. Manual research will be based on services such a The Street...
I'll be using several strategies, but in general I am looking for large R-multiple trades, not 1R. Some of the glossary definitions imply ways...
I got the approximate 1% from Van Tharp. Once I have a system with a proven expectancy I can use the Kelly Criterion...
Rules: The following rules are in effect for all trades without exception. These rules are not to be violated under any circumstances. 1....
TradeStation is the plan, using either Parallels or BootCamp. I have a new iMac that should be able to handle the load. I will post what I...
It is not directly related - I have been preparing to switch to trading for a couple months. The key aspect for me is the "automated" aspect, not...
OK I see where this is going. While I have desires outside the market, my timetable for taking money from my trading account is 2 years at the...
Thanks for the kind words of encouragement. Come to think of it, maybe I'll grab a couple steaks for the grill.
Quick note: Excuse me if don't explicitly answer specific inquiries - I am busy working on my system. I will try to address all questions...
The goal of my system is to automate multiple trading strategies while using consistent and flexible position sizing and âunwindingâ (closing...
Hello. My handle is Chabah, and I am trying to become an automated stock trader. I have been developing my own system on paper (Word, actually),...
I am starting my own automated system and looking at exactly this question. You might look at "Trade Your Way to Financial Freedom" by Van Tharp,...
I like the explanation of your thinking process - it is good to have a well-defined view of what you are doing. I think too many people just jump...
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