I am relatively new to this forum but have been trading for a while. Made mistakes like everyone learning along the way, now looking to transit to automated or semi-automated trading. I have had great success with other types of activities similar to trading and managing risk and currently looking to develop my own trading systems.
Probabilities, Standard Deviation, Black Scholes, Monte Carlo simulations, volatility measurements, trending measurements, thrust and momentum, this is where I think there is value in exploring data.
Reading charts through range/volume patterns, Candlestick formations I think present value also, in determining where order filling (stop running) happens and direction may change.
I have been programming previously through EasyLanguage for Supercharts. Currently using Ninja Trader and learning to program with this platform.
For manual testing I am using Excel spreadsheets. I like these for accuracy and transparency, but they are a lot of work and I am looking to be able to fully automate most processes.
My best results have come from utilising option strategies, in conjunction with volatility indicators and probability bands based on Black Scholes, which I programmed into my charts.
When developing trading systems I am looking to find inefficiencies in the markets that can lead to a Positive Expected Value, which then translates into an Equity Curve that I can trade with automation, through Ninja Trader.
In the future I intend to use Multicharts and Tradestation as well, being somewhat proficient in EasyLanguage.
Currently I am using Interactive Brokers and Ninja Trader Multi Broker license for my trading. The only thing missing at IB is tick data for RangeBars. I do like their commission rates and the fact you trade FX in the real interbank market (16 major banks), paying low commissions rather than large spreads. Most other FX brokers are bucket shops and wouldn't touch them.
I trade the Russell, 6E, CL, GC, ZB. I also trade EURUSD in forex and XJO with index options in Australia.
I look forward to our interaction on this forum,
Last edited by liviu25; February 23rd, 2012 at 12:17 AM.
Reason: Trading Advanced not apprentice
The following user says Thank You to liviu25 for this post:
I'm new to the forum. My background is programming (C/C++/C#) and systems architecture for trading systems. I enjoy playing around with NT in my spare time. It's a cool app. Hope to be able to contribute.
Howdy fellow traders! I've been looking into day trading for a short time now as a means to escape my day job. So far have practiced with NinjaTrader's market replay, and to be perfectly honest, I'm terrible at this. A lot of Google queries in search of better information led me here, so, here I am.
hello good people.... I've been a member of this community for 8 days but haven't posted anything yet. I realize that this community will only be as good as its contributing users, so Im going join in and start sharing.
is there a room where you guys 'hang out' during the trading day & share ideas?
I hve been a member for a while and have not posted much yet, but I am goign to take more advantage of this awsome resource.
I am a futures trader using the Think or Swim platform, and am thinking of transitioning to Trade Station because of their back testing option. Think or Swim only has a manual tick by tick back testing capability.
I am hoping one of you expert traders out there can offer some advice and resopurces. I will have to re program some of my stratgies into easy language.
I am an intermediate trader who is looking to improve my trading. I blew my accounts several times and have since devoted my time to study first.
I feel fortunate to have come across your forum.
The following user says Thank You to waverider24 for this post:
I am a retired truck driver from Omaha, NE. I started trading stocks and options in 1995 and have blown up my account too many times to think about (sigh). I began trading the S&P Emini sometime ago and although, I've been described as a day trader, or Emini trader ...I'm not. What I am is a "Setup" trader and the ES is simply the vehicle I use to trade the setups. I understand that I'm parsing language here, but think about it. What I am looking for each trading day, are setups to trade. I am a price action trader and do not use indicators, as such. This is not to say that indicators do not work ...hardly, but I am simply too ignorant regarding technical analysis, that it would be fool-hardy for me to employ them without a proper education into that field. And, I doubt, given my age, that it would be gainful to try and figure TA out now. However, what I am interested in, are "Pin-Bars". I am hoping there might be some advice here on the forum that could guide me. Best wishes...
The following user says Thank You to TGWolfe for this post: