Exercise for specific market conditions

Discussion in 'Trading' started by David's faith, Oct 13, 2023.

  1. I am horrible in trading uptrends. I got no problems trading TRs, Downtrends, trend reversals but uptrends make me lose money most of the time. So I want to exercise on it. Is there a sim trading plattform that let's you exactly do that, with a filter? Sure, there is trading sim and amibroker and replay features in plattforms like Sierra and TW, but none of them have a filter. Going back in time to find uptrends to exercise on is a bad idea since you have to look at them and know therefore everything that is going to happen. Or should I just pay an Indian and let him look for uptrends in an instrument and tell me the dates where they happen?
     
    murray t turtle likes this.
  2. Georpe

    Georpe

    Download price data from Yahoo finance, go into Excel and filter for days with the largest range between open/close. No need to pay anyone.
     
  3. s trader

    s trader

    Who care about going with the trend. Just wait for the downtrend to buy or the uptrend to sell. Here i know what i am talking about just bought at the very low.

    upload_2023-10-13_13-28-57.png
     
  4. candy05

    candy05

    s the fact that I use Tiger Securities the
     
    murray t turtle likes this.
  5. %%
    a]MOST likely a sim will not help you;
    study uptrends a lot, then some more , if you want to trade them.
    z]Another way to do it study the bear funds\ not many @ all + they dont do to well for long , so could study those + dont do it like they do since they dont do very well well for long .
    Another key= measure a lot= dont blame uptrends for you losing money;
    IF i only traded intraday i would not do many uptrends, so each to his or her own.
    I like a 50dma + 200 filter for downtrends \ reversals, dont know if that helps you on any uptrendsLOL:D:D A bull elephant can get up quick/ Goliath of Gath , not so much LOL
    My comments dont apply to single stocks- long or short[inverse].
     
  6. maxinger

    maxinger

    1. Label the charts like

    uptrend
    downtrend
    TR
    small range
    wide range
    choppy / spiky
    etc
    Then hide the label


    2. Everyday, randomly choose a few charts.
    Then do DEMO trading using PLAYBACK function on the charting software.

    3. Then do Performance Review
     
    murray t turtle likes this.
  7. %%
    Good plan, sideways trend = TR, same thing;
    reading+ study helps a lot. NOT that gasoline trends like SPY/QQQ they sure do not trend the same. No wonder, oil + gas has no earnings.
    Stock Traders Almanac helps a lot, SPY stuff like UP Jan = 88% up year .
    IBD Books may help a lot, especially with a king David reader
    Of course when that JAN pattern fails\ can fail big time like 1987+ 2009.
    Uptrends tend to pile on profits much different from shorts or inverse trends .