It measures the smoothness of the returns. That is where i bought all of my video cards and i got over 50% off the retail price. What do i need to get started with day trading. At the end of the trading day today, my account balance is $74,956. 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. Who has not tried to use an automatic system capable of winning a lot of money. But ever since i joined your team, my portfolio has gon. 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 really depends on what your style is, then optimize from there.
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. Though i am new to this trading business , i feel very safe buying the st. Earlier this week, i posted an idea for a trading system. R-squared is a function of drawdowns, the less dd's, the higher r2. It goes against the grain; psychologically this can be difficult. Finally, you will need at least a cable modem connection.
Maximum loss that the trade had before the trade closed. They are, but not by a lot. Is it good or bad. There are two pdf guides with instructions. • we promise to provide this important part of your trading strategy. I am really pleased with the high level of solid charts, great advice on entries, exits, technical stuff, etc. But better you check the current prices on the site.
It just gives me an idea to the volatility of the trades. 74% - this is ok for etf's. Like in any business enterprise, equipment is a must and day trading is no exception. I made over $3k with my first trade nlnk on 11/28. Apart from that, i can not remember any problems in more than two years i have been using it.
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:. 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. It was like having a trading buddy next to me constantly coaching and alerting. Greedy, greedy look what twtr did, but i followed my scalping process and headed out to play with my dogs. Armanta can provide these capabilities and more to its trading services partners. It is important to view these drawdowns in the context of time.
I am learning a ton even though sometimes it's hard to see what you see. You are honest, genuine, and caring to your subscribers. However one of the most important skill of a trader is consistency and persistence. Equally important to having a backup for your day trading computer is to have a backup internet connection. It is indeed included in the price of the charts (so far). You may or may not remember me but i just wanted to commend you on your service and education for others benefit. below are some of the golden rules when dealing with internet connections:. - unique views: x-volumes, x-days, x-minutes - additional charting styles: renko, three line break, heiken-ashi, kagi, candlevolume, histogram.
And it is not all about annual return %. This is a huge risk and can cost you quite a bit of money. Trading may not be suitable for all users of this website. I am new to trading , i am very lucky to find your website. 5 -2 % range and stock systems around 4%. I made money last two months from your alerts more than i. Click on these to make them bigger. In order to consistently make money in the stock market, investors have to be right over 70% of the time. Has anyone else tried this yet. Since then, i have trad.
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've seen something on their site about getting the prorealtime premium for the same price (same spreads, etc) but you get free coding too. 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. • quickly end of day (eod) data. - extensive historical data: ex: over 7 years of 1-hour data on the eur-usd forex pair. 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). I got a 70,000 bonus from work and opened up an account.
Or you can copy strategies from somebody else and use them. I also will look to broadened out to other etf's, starting with the us indexes (i. Clean, free data is available (can't say that for stocks, with survivorship issues and all). • buying or selling stocks is not an easy task if you want to make money doing it. 2- average win/average loss. 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. 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).
Also, i've already screwed around with variations of this system (using leverage, scaling in techniques) and using a basket of etf's vs. 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). You can design your own strategies and leave them "working for you" while you are not at your pc. Trading is very fast and your data needs to be faster. I know it's not a lot but considering it's only been a. 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. 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. But since i often have to trade away from my home computer, i use tradingview a lot.
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. This is a place that seems to fly under the radar, but deserves more attention. Our trading systems will improve your returns by identifying opportunities with significant profit potential in both rough and easy times in the market. Yes, all of our services are in real-time. One thing that you want to be aware of is the usability of dual core processors. 89% - looking back at the last decade, would you be comfortable with the biggest unrealized portfolio loss (based on closing prices) being 21%.
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. That is basically what i'm looking at when considering a system. This system trades on the close. No trading at the library - the networks are not secure and they often go down with littler tech support in sight. the goal is to avoid your machine locking up once the time and sales window goes bonkers on a 9:30am breakout. I felt it and appreciated it. There are many services across twitter and stocktwits that have sprung up but very few that teach on real stocks not p&d. Otherwise ask for it, i got mine via e-mail. 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. It's web-based, so very lightweight, and can run on linux systems.
59 - net profit divided max system drawdown. Which automatic system should i use. There are lot's of wise voices and i appreciate all. They generally mean revert well and that's i how i trade. Real-time news feeds will be a bit more expensive than the stock price data that you are paying for. Your awesome stock picks and the chat room environment gives confidence and boost to my existing trading system.
I'll be out of country for couple of months on official business and would like to cancel my membership. I know eventually that i will start seeing what you see one of these days. you will get more questions and commentary than you can imagine. 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.
45% - obviously must be positive to even consider a system. That isn't very much to me; it doesn't ruin the system. I cannot even count how many times that my internet connection went down during the trading session on me. Data for some instruments goes back decades and you can access almost all the same features as the paid version. Car/mdd and rar/mdd - these should be above 1 and 2, respectively. Many traders start making automatic systems constantly: today a crossing system, tomorrow a fibos one. Integrates with data in-place making the integration process simple and quick – this includes environments where the data is in many sources. Really like your strategy and your mindset for trading.
When trades stretch well beyond the average holding period, it usually means i'm going to end up with a loser. (thanks to some of the earnings i made from.
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). Am i ok with losing 4 out of 10 trades. My confidence would be shaken if i sat below peak equity for 9 months. But the size of the number isn't that important, it is the length of time. Just wanted to take the time to congratulate you and thank you for the amazing service i am receiving from you.
They are very cheap for normal sized accounts ($10k - 250k). Conclusion: i do think this system. I called back for more information a bit later, and the second guy didn't know anything about it. The concept was to come up with a potential system around the spy. 68% - mfe is the maximum profit that the trade had before the trade closed. • proprietary trading systems with buy & sell trading signals in metastock platform. Hey scott, just wanted to let you know that i'm up about 10% my first week of joining your service. They have a nice table there with all the information.
My schedule has changed and it's very hard for me to find time to actively trade. I have subscribed to your system for 1 week now and i can't tell you how happy i am. On most platforms, dom is sort of an afterthought and very simplistic, but prt's order book is one of the best i've seen anywhere, and has some really useful functionalities like bid/ask and executed volume histograms. I am not able to be part of the live chat, however i pay strict attention to your live alerts and am very impressed with the accuracy of your calls. One short version and one full version. Just wanted to thank you again for this morning with the nugt call, got my money back and then some. But i won't know for sure until i start.
I've seen etf systems that are in the 1. I bought every stock you emailed me. As a result banks miss market opportunities while making decisions based on stale, pre-aggregated and incomplete data. 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 success ratio is extremely difficult without the guidance of a successful, reliable and robust stock selection method or algorithm that has been tested and has worked over many years. Thank you for hard work you do. Thank you for setting up my trial account.
If you are a serious day trader, i would suggest wiring your location with the ability to handle dual internet connections that can be switched on the fly in the case of a network outage with one of your providers. I've seen better, but for the spy, this is good. See the big picture in trading systems. Allows users to perform hypothesis testing safely in a sandbox without disrupting other users. this system is made for normal people with normal accounts. Dual core does not necessarily mean faster if your trading application does not support it. This is after a thus far horrid year of trading "with my gut" and being down around 40% for the year. [2011 update: i started to trade this system.
I sometimes use eod stock data for prorealtime (it's free) but not the ig version, which is intraday. Especially when my losers are barely less than my winners, in terms of profit %. I would encourage anyone to try the free eod version and just start playing around and seeing all the capabilities.
Existing business intelligence products cannot handle handle the variety of data sources and real-time nature of the decision process. 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. The average gives me an idea of the average loss move the trade makes. 71 - closer to 1 means the portfolio moves in a straight line. I'd like to thank you for everything you've taught me. The systems i trade now are all above 70%, some are in the 80's. Surely much more people than systems there.
You can activate this service going to "your account" then "settings" and then activate "pro order in pro real time". That means your orders are entered as limit/market on close. It is so great to use a service that i don't have to be glued to a computer. Your commitment to others excellence and. 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. I would strongly suggest doing some research and then checking the prices on ebay.
Fxi,ewz), then on to sectors (i. they are the easiest to create a system around. To all thinking about joining, best getting started page ever. - multimedia support: 49 video tutorials.
- one-week free trial with realtime data (no disk needed - no software to install). You do not want the system resources to be taken up by third party software that is not related to trading. And when looking at the spy, it is so liquid, you will get a good fill. Took me many years and a bit of cash but finally getting to a place where i can take positive profits consistently. It is just not worth it to be at risk for the small fees associated with having a backup. Probably the best software i've seen for charting. This means users can test their trading strategies before deploying them. Does anyone use ig prorealtime. It may run around $100 a month for a rt news feed.
There will be a chance that i could ret. Exposure - 56% - i'll be in the market about 1/2 of the time. I do and can highly recommend it. Also, i look at the individual trades themselves. The other issue people noted was slippage. Very happy so far, off tomorrow and will finally be joining you in chat. With so many scams online i can honestly say that li. This is not that bad; i've seen systems that would have ranges 5 times that.
I haven't taken the leap yet, but i spoke to one guy at ig, and he said it was possible. You absolutely must make your own decisions before acting on any information obtained from this website. 1% on my 70k in about a month. I found significant value to your straight-forward, "learn as you go" educational perspective and want to congratulate you on an except. Also, there will be an additional fee to view the level 2 information. What i love about you, is you boost my confidence. Unfortunately i have to cancel my subscription for a few months. also, the toggling between multiple screens and windows will prove a bit much for one laptop. I just wanted to write you a quick note to thank you for all you've done for me so far. Hi andrew, i use pro real time through ig, can't say i've ever had a problem with their charting facilities.
- sms alerts on price, indicators or at a certain time of day with multiple conditions. 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. Unfortunately, these next few months, i need to focus on my career. I would, considering what buy & hold went through. You are better off with a single core pentium 4 in this situation. My time zone doesn't allow me to get in the chat room for every session. I am a bit slick with charts and i can pick some good entry points, but i am terrible at selling. Armanta’s grid has no single point of failure.
But best of all, i feel like i really am in a class room. The quality of the datastream is perfectly fine. People like me who are not able to be in live chat love your service and updates.
Your day trading command center should be treated with the up most respect and thought out carefully. I don’t recall i’ve performed this good in such a short period. In this world, we know how important is perseverance, knowledge and patience. Scott has a very strong work ethic and my faith and trust has been built in his work. I am just using my iphone to receive your email. Automatic system and real time trading. Your service, website, and alerts are extremely on point, well organized and well explained.
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. It’s been two months now, and my portfolio is up 45%. The worst thing that can happen is that your day trading computer could crash on you while you are trading. 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. It will cost a bit more but it will give you a peace of mind. Understand the trading platform you wish to use before you spend money on a computer. You really saved me there, i was about to sell it when i emailed you:) anyway, i'm still in gold, but this time i got in gg, al little safer than nugt. These are not bad, but not great. thanks and once again it was great pleasure learning so much from you and the incredible stock picks you recommend everyday.
If this system works across various etf's, then you know you've got something. And when i have to go out is always preplanned, so i make sure does not interfere with anything else). One of the main reasons i joined your team was to get some more discipline in my trading. below are some trades during june - august, when the market was volatile and these trades may be considered 'sketchy'. Hey scott, just wanted to write to thank you for the quick response this morning. 07% - this is not bad. Just wanted to let you know i thoroughly enjoyed the time i spent with you in the chat. My husband & i live in minnesota, but, am currently on nantucket visiting his 89 year old mother. And don't forget, use a surge protector to protect your equipment. it is always surprising to me how accurately you predict the market moves.
I simply had no discipline. Set your monitors up correctly in the beginning and you will literally avoid the headaches of looking at the screen all day. Just want you to know how much i appreciate your guidance. - free programming help: we help you create indicators or convert indicators from other platforms (free). Again, it goes back to what you can handle. And that's what an automatic system is created. I believe they are available through their website. I always start with the spy - it is our s&p 500, i know this index the best.
It's been a great week being introduced to your service. Yelp where else can u make over 4% in less than 3 minutes. Visually, it's just beautiful and that's one of the key features for me. Measures how fast the system recovers from drawdowns. No starbucks - go there to drink your coffee, not to show everyone you are a cool trader. 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. I've tried just about every other platform (either as a free trial or paid version) and can honestly say this is the best i've encountered. Our qqq, spy and dia trading signal are generated in real time and new signals could be issued during the trading hours. I joined a few weeks ago and want to express how pleased i am.
This is one of the most common questions we receive from our subscribers. First, in 10+ years of trials and subscriptions of various market services and indicators, yours is undoubtedly the first one that exceeded my expectations. Istock systems is a data and software providing company for indian capital market. My 8 months here was very worth the money. Compare that to what esignal would charge for the same thing). I trade with 4 monitors to allow me to track different stocks and other technical indicators at the same time. 39% - this is car/exposure.
Banks require a trading decision support system that enables real-time analysis across multiple trading centers and exchanges. Even though i've been a member since the beginning of year, i didn't start trading until september 4th. This system buys weakness and sells strength. 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. Our trading systems will provide you with the information you need for success in today's dynamic markets. 12 - profit of winners divided by profit of losers. I am using the interactive brokers rate structure.
no matter how the market is we can make money with your advice. Index analysis is our priority. For example, an amd dual core running at 2 ghz does not help with tradestation as that application is not made to take advantage of a dual core processor as of yet. There isn't really any slippage when it comes to order fills.
If you are moving (hundreds of) thousands of shares, then you may be moving price a bit and creating slippage in that regard. Then it was 5,- eur for ibex shares and 1,- eur for each nasdaq, s&p and dow. The system i posted a few days ago has been modified to account for commissions. Self-confidence can be integrated into our daily trading and in our automatic systems. Otherwise you can have minor problems, ie after opening a lot of charts, the drawing facilities (lines, fibonaccis, etc) either don't work anymore or at the time of closing the platform you are not able to save your work. I primarily day trade, but also run my sipp and use ig's charts to make assist me in making and monitoring my investments.
I am a new but quiet member of your service. There will be a fee for most of the exchanges that you require real time data from. If i view these together, i can expect the average trading range to be ~3%. My head would explode, so it's awesome to hear what you're seeing and thinking from a super experienced perspective. 61 - good to know how long i expect a normal trade to take.
Risk statement: the trading of stocks, futures, commodities, index futures or any other securities has potential rewards, and it also has potential risks involved. Offers an open architecture allowing the business to customize the platform to cater to their specific analytic requirements, both for computation and visualization. Could be traded in real time. I got so much from your ugaz explanations today. I’ve successfully traded tk and sedg so far, based on your spot on alerts. I can't take in level 2 along with everything else.
Additional comments (please indicate additional indicators, special features and services here): . For those of you who are not computer savvy, this is a great site for a fully functional setup. Just wanted to say i am really enjoying your commentary, chat, and trade ideas. Any experience with prorealtime for real-time data. Rest is still in cooking. You are a great leader and i hope you all the best in the future. 89% drawdown was recovered in 17 trading days - that is fast. No 3g - 3g is for mobile phones and kids looking to play angry birds. I just wanted to send you a brief note for two reasons.
I really have to applaud you for your never ending voice. I could never have that in me before. Backtesting functionality is also fully integrated. Theres something particularly sweet in making money on the days when u expect choppy to nothing,. 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. The most effective connection with the highest speed is verizon's fios; however, this is not available to many as of yet. I would suggest at least a pentium 4 with a minimum of 1 gig of ram and a 40 gb hard drive. Make sure you cancel the subscription if you are planning to go on holidays or not trading for a while. I would like to say i honestly did enjoy being in your chat room.
Sorry, i could not join the chat room because of office meetings.
spend the money upfront so you have a shot at success. Millions of investors have lost money in the past trying to guess stock price movements. I put up a new page with the definitions for trading system performance metrics. Provides a loosely coupled architecture allowing individual components of the armanta grid to be geographically dispersed right next to the data.
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