ATR = Average True Range True Range = Highest Price of the day minus the Lowest Price of the day. ATR(14) is the Average ATR over 14 days....
Your statement incinuates that they are so big that they could crush an individual trader. And how would they do that? Unless you are...
Hi Landis, No argument here. I'm not disputing that they do research on the companies that they recommend. However, when I sit in...
My point exactly! SELL! SELL! HA. It is good reading though. Thanks, Ed
I interpret that parable as "the institutions serve a good purpose in the market by adding liquity and moving prices, so traders (like you and me)...
Travis, That is a good question and there is no answer that will not be criticised by some. If you read some of my posts you will see that I...
Hi Landis, I'm sorry if I have offended you. That certainly is not my intension. The article above indicates that many banks are using...
You're right. They are talking about the kind of software (speed/volume) that can move prices - yet another advantage over the ATS systems...
It's a little difficult for me to take seriously the "Propaganda" of one of my competitors.
That's fine. I run multiple ATS systems and associate with many others who also run automated systems with different strategies. We are all...
With the recent news about Goldman running trading software that is raking tens of million$ a year in profits, I'm skeptical of them raising a...
I will just give you comments to specifically address your strategy as you have described it: I am not opposed to shorting a stock, especially...
Travis, I have to agree with Monti on both counts: 1. Stop trading with Live money until you work out the kinks in the system. 2. Change...
Travis, I like IB a lot. They have fast executions and an excellent datafeed, not to mention the $1 trades for 200 shares or less, $5 for 1000...
Travis, Your goal should be to strive for a system that accomplshes method #1. Whatever you do not like in your system, improve it. i.e. if...
I subscribe to http://www.endofday.com/ for EOD historical equities, but it does not specify whether a symbol is an ETF or not. Does anyone...
Seems like a waste of an automated trading system to arbituarily just close a position after a certain period of time. Certainly closing a...
.....1. Can an automated system be created with end user tools that can ....... detect and initiate a trade based on a candle shape such as a...
You would need a separate CoolTrade account for each brokerage accounts that it trades against. (regardless of whether or not they were at the...
The CoolTrade software (on your PC) talks directly with the broker. All of the buy/sell decisions are made by the software on your PC and the...
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