89% - looking back at the last decade, would you be comfortable with the biggest unrealized portfolio loss (based on closing prices) being 21%. But for the normal folks, that shouldn't be an issue. For those of you who are not computer savvy, this is a great site for a fully functional setup. I got so much from your ugaz explanations today. you will get more questions and commentary than you can imagine. You are a great leader and i hope you all the best in the future. Car/mdd and rar/mdd - these should be above 1 and 2, respectively. I can't take in level 2 along with everything else. You can design your own strategies and leave them "working for you" while you are not at your pc. If you want to use it concretly for shares, you have to pay the the add-ons (dax, s&p, etc) as well. I know eventually that i will start seeing what you see one of these days. 2- average win/average loss. Clean, free data is available (can't say that for stocks, with survivorship issues and all). Is grid-based massively parallel in-memory cache makes all the data available to the user base without incurring the costly delay of database retrieval. Then it was 5,- eur for ibex shares and 1,- eur for each nasdaq, s&p and dow. The most effective connection with the highest speed is verizon's fios; however, this is not available to many as of yet. I could never have that in me before. Any experience with prorealtime for real-time data. No 3g - 3g is for mobile phones and kids looking to play angry birds. I'm a loyal customer and i just want you to know that i'm counting on your live alert emails more than the chatroom. Data for some instruments goes back decades and you can access almost all the same features as the paid version. you've done a superlative job of keeping your flock focused on and invested in stocks which have soared higher, a la pi and exas. (thanks to some of the earnings i made from. • buying or selling stocks is not an easy task if you want to make money doing it. There are lots of things i surely am overlooking, but this was a good exercise to get the brain juices flowing. One final note on monitors, make sure you get monitors with a good resolution and keep the brightness low so that your eyes do not strain. This is a place that seems to fly under the radar, but deserves more attention. Yes, all of our services are in real-time. - large user-created library with importable code for indicators, backtests and screeners. If you're staring at a screen for hours at a time it's very important to be visually appealing, and everything can be almost infinitely customized. My portfolio is on the mend thanks to you. the goal is to avoid your machine locking up once the time and sales window goes bonkers on a 9:30am breakout. I hope to join your service again soon. In one week i am up over $1000 with minimal risk and time invested. This means users never face service disruption because of hardware or software crashes. One thing that you want to be aware of is the usability of dual core processors. The user base is therefore not impacted by expensive data movement delays. I really have to applaud you for your never ending voice. Integrates with data in-place making the integration process simple and quick – this includes environments where the data is in many sources. I also will look to broadened out to other etf's, starting with the us indexes (i. Teach a man to fish. I am truly grateful to you for offering this service a. We track and analyze market in real time. Rest is still in cooking. Not the right time yet. Additional comments (please indicate additional indicators, special features and services here): . We are trying to satisfy the real-time needs of traders, therefore we use proprietary technologies and charts from www. I would like to say i honestly did enjoy being in your chat room. Qqqq, iwm), then other countries (i. The cancellation is only valid for the following month. Some other features not included in the standard list: - real-time scanner on multiple customizable conditions for equity markets and the forex - scanner with using one or multiple timescale views as small as 1 minute. You can also visit websites such as digital tigers, even if you do not buy from them, you can get an idea for what you need. Theres something particularly sweet in making money on the days when u expect choppy to nothing,. My head would explode, so it's awesome to hear what you're seeing and thinking from a super experienced perspective. I'll be out of country for couple of months on official business and would like to cancel my membership.
I would like to see this minimum 50%, so it is a little below that. Also, i look at the individual trades themselves. - multimedia support: 49 video tutorials. No trading at the library - the networks are not secure and they often go down with littler tech support in sight. - free programming help: we help you create indicators or convert indicators from other platforms (free). Understand the trading platform you wish to use before you spend money on a computer. Just wanted to let you know i thoroughly enjoyed the time i spent with you in the chat. You can activate this service going to "your account" then "settings" and then activate "pro order in pro real time". The average gives me an idea of the average loss move the trade makes. Hey scott, just wanted to write to thank you for the quick response this morning. In this world, we know how important is perseverance, knowledge and patience. Existing business intelligence products cannot handle handle the variety of data sources and real-time nature of the decision process. My husband & i live in minnesota, but, am currently on nantucket visiting his 89 year old mother. Your service, website, and alerts are extremely on point, well organized and well explained. 71 - closer to 1 means the portfolio moves in a straight line. Our goal is to help indian traders and investors achieve above-average returns from the markets by providing them with profitable trading signals and at the same time protect their trading capital. Fxi,ewz), then on to sectors (i. one thing i want to point out is after you read the article you can test out your current system speed by using a trading simulator. And that's what an automatic system is created. The worst thing that can happen is that your day trading computer could crash on you while you are trading. below are some trades during june - august, when the market was volatile and these trades may be considered 'sketchy'. It's super value at only about $30/month (compare that with a bloated and cumbersome package like esignal which costs 5 times as much), and you can select only the data feed you actually need (for ex, if you just want the ym that's about $40/month. It is so great to use a service that i don't have to be glued to a computer. 07% - this is not bad. Surely much more people than systems there. Not only will you require a solid approach or technique to day trading, but the day trading computer equipment needs will be just as important when setting yourself up to day trade. It just gives me an idea to the volatility of the trades. I simply had no discipline. Our trading systems will provide you with the information you need for success in today's dynamic markets. You do not want the system resources to be taken up by third party software that is not related to trading. I put up a new page with the definitions for trading system performance metrics. I made over $3k with my first trade nlnk on 11/28. It's web-based, so very lightweight, and can run on linux systems. If you have a problem, they will actually call you, at home, to walk you through it. Scott has a very strong work ethic and my faith and trust has been built in his work. Our trading systems will improve your returns by identifying opportunities with significant profit potential in both rough and easy times in the market. That isn't very much to me; it doesn't ruin the system. To all thinking about joining, best getting started page ever. I'd like to thank you for everything you've taught me. Hi andrew, i use pro real time through ig, can't say i've ever had a problem with their charting facilities. Automatic system and real time trading. they are the easiest to create a system around. That is basically what i'm looking at when considering a system. I am just using my iphone to receive your email. They generally mean revert well and that's i how i trade. Your commitment to others excellence and. These are not bad, but not great. The systems i trade now are all above 70%, some are in the 80's. Whether you are a first time investor or a seasoned pro, our proprietary trading systems can help you to take an intraday or long term position in the market. It will cost a bit more but it will give you a peace of mind. Really like your strategy and your mindset for trading. If this system works across various etf's, then you know you've got something. That means your orders are entered as limit/market on close. This year, i have been using a few systems that trade on the close and i consistently get the last quoted price of the day as my fill (+ - $0. Many traders start making automatic systems constantly: today a crossing system, tomorrow a fibos one. One of the main reasons i joined your team was to get some more discipline in my trading. You will need to purchase a real-time subscription from your broker. This means users can test their trading strategies before deploying them. I would strongly suggest doing some research and then checking the prices on ebay. • proprietary trading systems with buy & sell trading signals in metastock platform.
We strongly believe that only real-time data and real-time charts could be used to generate trading signals, and especially for swing traders and day traders. If your trading with volume, do not try to use an average cross, because this won't help you to be confident with yourself as a trader. I'm a recent graduate from university, so while managing properties i am continuing to trade to. Software should be kept to a minimum with trading computers. 61 - good to know how long i expect a normal trade to take. My schedule has changed and it's very hard for me to find time to actively trade. Just wanted to say i am really enjoying your commentary, chat, and trade ideas. Trading is very fast and your data needs to be faster. It is always important to have a backup laptop or computer which is setup with the appropriate trading software so that you will be able to switch setups pretty fast in the case of a hardware failure. The average gives me an idea of the average positive move the trade makes. At the end of the trading day today, my account balance is $74,956. Also, i've already screwed around with variations of this system (using leverage, scaling in techniques) and using a basket of etf's vs. When trades stretch well beyond the average holding period, it usually means i'm going to end up with a loser. You can look at the prices and trading conditions (number of trades to get it free) on your account settngs, but if i remember correctly it is around 20,- eur a month for dax shares (check because some are included already in the main package - lufthansa for example). Does it work well with trading stocks. Risk statement: the trading of stocks, futures, commodities, index futures or any other securities has potential rewards, and it also has potential risks involved. I have subscribed to your system for 1 week now and i can't tell you how happy i am. Your day trading command center should be treated with the up most respect and thought out carefully. you are a trading professional and your connection speed should be higher than your kid's age. If your day trading computer requires a multi-monitor setup, you will also need to purchase a video card that will allow multiple monitor setup. Make sure you cancel the subscription if you are planning to go on holidays or not trading for a while. I’ve successfully traded tk and sedg so far, based on your spot on alerts. If i view these together, i can expect the average trading range to be ~3%. Who has not tried to use an automatic system capable of winning a lot of money. This is after a thus far horrid year of trading "with my gut" and being down around 40% for the year. 45% - obviously must be positive to even consider a system. Our data is in metastock format as a result most of the leading charting software like advance get, trade station, omni trader etc can read our data. • we promise to provide this important part of your trading strategy. You truly are a mastertrader and can't wait to learn more and have more successful trades with you. Though i am new to this trading business , i feel very safe buying the st. I start by looking at an un-leveraged system around the spy, then if i think i've found an edge, i will explore leverage (either broker margin or using leveraged etf). Self-confidence can be integrated into our daily trading and in our automatic systems. But since i often have to trade away from my home computer, i use tradingview a lot. Just one more point, it cost 30,- eur a month for the basic package (forex + indexes) but you get it for free if you do more than four trades a month. Like in any business enterprise, equipment is a must and day trading is no exception. Your awesome stock picks and the chat room environment gives confidence and boost to my existing trading system. It has just about everything you could wish for in a charting and trading platform plus an excellent paper trading feature (contrary to what a lot of people seem to think, they do offer live trading through an affiliated brokerage, it's just not obvious anywhere on the website). Am i ok with losing 4 out of 10 trades. 89% drawdown was recovered in 17 trading days - that is fast. A day trading computer with a fast processor will be required to handle the speed at which you need to execute. It is really a personal preference; some traders get away with using a laptop while some need 12 monitors to trade. Armanta can provide these capabilities and more to its trading services partners. The system i posted a few days ago has been modified to account for commissions. This system trades on the close. I primarily day trade, but also run my sipp and use ig's charts to make assist me in making and monitoring my investments. It’s not that i cannot analyze technical signals or identify trading opportunity, but often it get. 68% - mfe is the maximum profit that the trade had before the trade closed. In addition to your trading software, i would suggest running an anti virus software and microsoft office, but not much more. I check the texts and chat throughout the day and make my own call on which trades to take and where to set my stops and targets. [2011 update: i started to trade this system. since you are looking for day trading equipment, i assume you are fully aware of the server farms used by the automated trading firms based out of new york and connecticut. well, this is not an architecture document for building the next data center; however, you will get all of the basics for what equipment you will need to get started in day trading. Which automatic system should i use. What do i need to get started with day trading. I cannot even count how many times that my internet connection went down during the trading session on me. I've seen etf systems that are in the 1. The difference between this kind of systems and us is that the automatic system works with variables and we are guided by emotions such as perseverance, knowledge or patience, and, of course, by others much less desirable as nerves or anxiety. Dual core does not necessarily mean faster if your trading application does not support it. Day trading involves profiting of very fast moves at times, sometimes you will be in a trade for less than 10 seconds. 59 - net profit divided max system drawdown. I have found some better % returns but crazier drawdowns, others have lower % returns but very small drawdown and a great average % gain per trade, and others have great metrics all around except they are barely in the market to provide a meaningful annual return. Conclusion: i do think this system. Earlier this week, i posted an idea for a trading system. Could be traded in real time.
This system buys weakness and sells strength. Today i will talk about an important subject for those who use automatic trading systems and at the same time, are trading in real time. Measures how fast the system recovers from drawdowns. this system is made for normal people with normal accounts. See the big picture in trading systems. Banks require a trading decision support system that enables real-time analysis across multiple trading centers and exchanges. Our qqq, spy and dia trading signal are generated in real time and new signals could be issued during the trading hours. Even though i've been a member since the beginning of year, i didn't start trading until september 4th. In addition to the real-time signals our etfs signals on index trading systems are reviewed and could be updated each trading day after the market closes. This is not that bad; i've seen systems that would have ranges 5 times that. The concept was to come up with a potential system around the spy. Istock systems is a data and software providing company for indian capital market. I trade with 4 monitors to allow me to track different stocks and other technical indicators at the same time.
Since then, i have trad. 74% - this is ok for etf's. Apart from that, i can not remember any problems in more than two years i have been using it. Click on these to make them bigger. When you are ready to take the leap of faith and do not want to spend the time to build your own machine, you should check out the following resources:. I've seen something on their site about getting the prorealtime premium for the same price (same spreads, etc) but you get free coding too. 5 -2 % range and stock systems around 4%. I know it's not a lot but considering it's only been a. - extensive historical data: ex: over 7 years of 1-hour data on the eur-usd forex pair. - unique views: x-volumes, x-days, x-minutes - additional charting styles: renko, three line break, heiken-ashi, kagi, candlevolume, histogram. I am learning a ton even though sometimes it's hard to see what you see. So here is a revised, logarithmic equity curve ( i had to get rid of drawdowns and buy+hold because it screwed up the log formatting). However one of the most important skill of a trader is consistency and persistence. R-squared is a function of drawdowns, the less dd's, the higher r2. There are many services across twitter and stocktwits that have sprung up but very few that teach on real stocks not p&d. Equally important to having a backup for your day trading computer is to have a backup internet connection. Trading may not be suitable for all users of this website. Greedy, greedy look what twtr did, but i followed my scalping process and headed out to play with my dogs. Or you can copy strategies from somebody else and use them. It is important to view these drawdowns in the context of time. Finally, you will need at least a cable modem connection. I had a look, but did not pursue it any further as was not interesting for me because of personal reasons (i can check the charts myself 24 hours a day if i want, as i am very lucky and hardly go out of my house/office. It is indeed included in the price of the charts (so far). In order to consistently make money in the stock market, investors have to be right over 70% of the time. Is it good or bad. It goes against the grain; psychologically this can be difficult. There are two pdf guides with instructions. You are honest, genuine, and caring to your subscribers. It looks alright and easier to use, but i am under the impression that it would be more suitable for people who can not keep an eye on the screens frequently. I got a 70,000 bonus from work and opened up an account. below are some of the golden rules when dealing with internet connections:. That is where i bought all of my video cards and i got over 50% off the retail price. • quickly end of day (eod) data. I made money last two months from your alerts more than i. I am new to trading , i am very lucky to find your website. The money goes out the first day of the month and you don't get it back if you cancel the subscription during that month. I will go through these metrics as they relate to the spy dd system (dd means nothing, i just needed to give it a name) in this post. And it is not all about annual return %. I am really pleased with the high level of solid charts, great advice on entries, exits, technical stuff, etc. I felt it and appreciated it. This is a huge risk and can cost you quite a bit of money. But you have to be a bit careful with your pc, they recommend to use it with google chrome and it is important to have good ram memory. What bank management badly wants is to be able to leverage existing technology investments while enabling ad-hoc analyses across extremely large volumes of data for a global user base. It measures the smoothness of the returns. It really depends on what your style is, then optimize from there. Has anyone else tried this yet. Maximum loss that the trade had before the trade closed. There are lot's of wise voices and i appreciate all. Real-time news feeds will be a bit more expensive than the stock price data that you are paying for. But better you check the current prices on the site. But ever since i joined your team, my portfolio has gon. You did an amazing job showing/teaching everyone, and as a beginner i learned so much from you, rome and the rest of the amazing group you assembled. Otherwise ask for it, i got mine via e-mail.