Search found 54 matches

by richard
Mon Jul 05, 2004 2:18 pm
Forum: Trend Indicators and Signals
Topic: how important is intraday volume data?
Replies: 5
Views: 4828

Sierra chart looks interesting. Together with mytrack that might do the job. I am also investigating futuresource but their xtra product is $74/mo plus exchange fees, pretty expensive :( I am not paying for data. I am using Farr Financial for pit traded futures and IB for electronic ones that they t...
by richard
Sun Jul 04, 2004 1:14 pm
Forum: Trend Indicators and Signals
Topic: has anyone studied Toby Crabel's ideas?
Replies: 6
Views: 7206

has anyone studied Toby Crabel's ideas?

Toby Crabel has some interesting studies on historical volatility systems.

Have you ever used them in your trading systems?
by richard
Sat Jul 03, 2004 12:26 pm
Forum: Trend Indicators and Signals
Topic: how important is intraday volume data?
Replies: 5
Views: 4828

bump
by richard
Wed Jun 30, 2004 6:51 pm
Forum: Money Management
Topic: Scaling / 'Pyramiding'
Replies: 31
Views: 36093

good points you raise, verec on exits. One thing I've tried in the last few days is exiting upon an exceptional change in volatility (usually a spike, or a "long bar") or volume, a range expansion bar really. The neat thing about exiting upon such a spike is positive slippage. In the pit markets thi...
by richard
Sat Jun 26, 2004 11:04 am
Forum: Trend Indicators and Signals
Topic: how important is intraday volume data?
Replies: 5
Views: 4828

how important is intraday volume data?

I am doing futures swing trading, discretionary, and mostly pit-traded. I do not have intraday volume data. How important do you think it is? If I want to get it, I will have to sign up for eSignal or a provider like that and the fees are very high when you include exchange fees ($97/month for NYBOT...
by richard
Sat Jun 26, 2004 10:59 am
Forum: Trend Indicators and Signals
Topic: The logic of exits
Replies: 8
Views: 6598

The only thing that is *not* discretionary is the requirement that every exit rule must have a positive expectancy. So, probably my current exit strategy does not give an optimal bottom line result, but it's optimal for my current trading psyche. Could you elaborate on this? Wouldn't any exit have ...
by richard
Fri Jun 25, 2004 11:28 pm
Forum: Trend Indicators and Signals
Topic: The logic of exits
Replies: 8
Views: 6598

I have been using a discretionary system that seems to be working for swing trades, a few days to several weeks. But the exit is still an issue for me. I am trading futures charts that show good solid support and I am buying into resistance, where the stop can be placed closely and the expectancy is...
by richard
Fri Jun 25, 2004 4:29 pm
Forum: Money Management
Topic: Scaling / 'Pyramiding'
Replies: 31
Views: 36093

this is an area where I could really use some help -- exits. I am doing shorter term trading -- days to weeks. My style is buying from solid support to resistance, or selling from solid resistance to support. I am pyramidinig in, and I don't mind turning a trade that is trending with me into a longe...
by richard
Thu Jun 24, 2004 2:37 pm
Forum: Money Management
Topic: Scaling / 'Pyramiding'
Replies: 31
Views: 36093

Re: Scaling/Pyramiding

Trading is probably like living: you can't do it by procuration 8) This forum is excellent as a source of ideas, of enlightenment (little light bulbs suddenly popping out inside your head), as a repository of other's failures and how they got there, but I wouldn't trust a single recipe for success ...
by richard
Wed Jun 23, 2004 9:54 am
Forum: Trend Indicators and Signals
Topic: Trailing stop question - dual EMA or % loss?
Replies: 5
Views: 5223

I look at stops two ways: money management and technically significant levels. Trading futures, I look at the chart and locate support and resistance levels, including the 20dMA, 50dMA and 100dMA. I only go into a trade when there is a strong reason to put the stop fairly close, so if the trade fail...
by richard
Sun Jun 13, 2004 12:07 am
Forum: Brokers
Topic: Interactive Brokers
Replies: 20
Views: 33488

consider thinkorswim. I have not compared to OptionsXpress. I use IB and thinkorswim. I use IB mostly for futures and thinkorswim for options and stocks. thinkorswim has the best software I have ever seen, free. It includes a great charting package with prophet charts license bundled in. Their order...
by richard
Tue Jun 01, 2004 10:19 am
Forum: Trader Psychology
Topic: Are You Suited to Trend Following
Replies: 42
Views: 54762

low on N 1/2 on O low on C I guess I am with c.f. here, as I feel the same way about myself. I am easily bored with routine. I do have numerous outlets for my creativity other than trading. But I am also in the mode with respect to trading where I'm trying out various things that seem to suit me. I ...
by richard
Sun May 30, 2004 10:20 am
Forum: Trend Indicators and Signals
Topic: The logic of exits
Replies: 8
Views: 6598

I agree that exits are hard. Here's what's hard about it for me. Say I have 3 positions. 2 are a bit down and 1 is up. The 2 that are down were trending up when I bought them but are either in a temporary reversal or else they were bought in a false breakout -- I can't tell at this point. The winnin...
by richard
Tue May 18, 2004 10:20 pm
Forum: Trend Indicators and Signals
Topic: Mode Switching
Replies: 6
Views: 5651

Hello, this is my first post here. One assist if you are involved in equities is Dow Theory and its four phases of the market. This probably applies to other markets as well. There are two trendless phases and two trending phases of a market. At my stage in thinking, it pays to be aware of fundament...