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Tams

Market Wizard
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Everything posted by Tams

  1. Thanks for mentioning my name guys... I really appreciate your recommendation. I travel quite a bit... I afraid I won't be able to devote enough time for him. :-(
  2. Tams

    Half Gap

    you can start with your software's user manual...
  3. Tams

    Sandbox

    When Wyckoff wrote his stuff, daytrading wasn't invented yet.
  4. Tams

    Half Gap

    what kind of help would you like? 17.9
  5. .......... .......... L. O. L.
  6. covered call has the same payoffs as selling a naked put option. there is no free money in this world...
  7. don't just tell us the plan, you should say something like this... the time is 9:31am and the market is currently trading at 1201.00, I am planning to go short at 1209.25 for a 1 point profit.
  8. if you post your work-in-progress, and explain what you have attempted, I am sure someone would chime in.
  9. you can take a look at this tutorial Tutorial 26 | Diveregence between price and a stochastic indicator
  10. that's not a fair correlation... if you use a wide stop, and enough patience... you'll have a good chance of hitting a 1 pt profit. but that does not mean you can trade. sooner then later, the market will take back what you stole, plus some.
  11. draw a mock up means to draw a picture.
  12. Tams

    Market Order

    if you can't afford your own copy of MultiCharts... which is really really really minuscule in the grand scheme of thing... I wonder the value of those algos. just my 2c.
  13. Glad to hear you like it. It is always good to hear feedbacks... how people use the indicator, and how people modify it to give more/better signal. With EasyLanguage... almost anything is possible. can you draw a mock up to illustrate your vision? 82.30
  14. I don't see the masses here... as you have said, the download rate is about 0.5% of visitors, is “Free” scaring people? no, unfortunately only you are insisted on being fooled... by yourself.
  15. I had a chance to look at your list... nice sim. I don't think they will ever got filled at those time and prices. system sims, whether forward test or backtest, are wonderful dreams. Good luck on your endeavor.
  16. I stand corrected. It was a typo, I meant commission-to-profit ratio. ie. your trading cost is very low...
  17. if it was trained to not make mistakes, and your commission-to-profit ratio is only 3.6% [edited for typo] and you traded 510 contracts per day !!! how come the profit is only 20-40% per WEEK ??? what is your MAE to profit ratio ?
  18. thanks for the offer... I don't have anything particular in mind. I asked, because you are so enthusiastic about what you are doing... and words just do not do justice to all the analysis and actions you were taking. I think any short snippet would be an eye opener.
  19. thank you for your info. I have many inquisitive questions, I hope you don't think I am trying to be sarcastic. I don't understand your answer, I don't know if you are trying to beat around the bush, or don't think my question is important enough to give a straight answer. As Judge Judy would say, "mmm" is not an answer. What I am interested to know, and I think it is a fair question, is out of the trading sample you gave... how much net profits were there, and how much commission did you pay to obtain those profits. In simpler terms, what is the commission-to-profit ratio? Most people don't worry much about commissions, Maybe you don't either. But in a system trading environment, the commission can make or break your deal. Most high frequency systems pay as much in commission as their profits. Some pay more to the broker then their banker. This is not to insinuate a system is good or bad because of the commission they pay. This is merely a question. However, if you are not confident about your system, you might want to circumvent my innocent inquiry, because I am sure you are aware, that your answer will lead to more questions... questions which you might not be willing, or prepared to answer.
  20. 10 strategies? that's more than 50 trades per strategy per day ! what is your commission to net profit ratio?
  21. Tams

    Market Order

    LOL... another pirate
  22. Tams

    Market Order

    no, strategy calculation is at the end of the bar. (except IOG)
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