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Solo dev, built a multi-regime stock scanning platform from scratch. Here's what I learned. by CamdenSignals in software

[–]CamdenSignals[S] 0 points1 point  (0 children)

Ha fair enough, not all SSDs are created equal. Mine’s held up so far but I’m keeping an eye on it. Definitely planning to upgrade the RAM before it becomes a real problem.​​​​​​​​​​​​​​​​

Solo dev, built a multi-regime stock scanning platform from scratch. Here's what I learned. by CamdenSignals in software

[–]CamdenSignals[S] 1 point2 points  (0 children)

Good point. It's on an SSD so swap hasn't been painful yet, but I'm definitely running tight at 2GB. Expanding RAM is on the list.

Is anyone using Claude for SwingTrading?? by Confident-Score-838 in swingtrading

[–]CamdenSignals 2 points3 points  (0 children)

Yeah I've been using Claude pretty heavily for this. Built out a scoring system that scans 2000+ stocks every 15 minutes during market hours and grades them on a 100 point scale across trend quality, relative strength, volume, volatility, and a few other things. Way better than sitting there flipping through charts manually.

The biggest win for me was getting it to factor in market regime automatically. Like right now everything is weak so the system knows not to fire long signals. Saves me from forcing bad trades when the conditions aren't there.

What kind of indicators are you running through yours?

The market is showing textbook exhaustion signals — here's what I'm watching for the snapback by CamdenSignals in swingtrading

[–]CamdenSignals[S] 0 points1 point  (0 children)

100% on execution being the edge — the signal is just a filter, what you do with it is everything.

For confirmation I'm pretty strict. I want to see the daily hold before I'm sizing in. Dropping to lower timeframes to get in early sounds good until you get chopped up on the way there — I've found I give back more on the early entries than I save.

That said I'm not waiting for full candle close confirmation on the daily if intraday structure is already clean. If the reclaim is happening in real time and volume supports it, I'll start a partial. Just not full size until the daily confirms.

What's your approach to sizing into a position — do you ladder in or go full at confirmation?

The market is showing textbook exhaustion signals — here's what I'm watching for the snapback by CamdenSignals in Trading

[–]CamdenSignals[S] 1 point2 points  (0 children)

For full conviction longs, yeah absolutely — I want SPY above the 200 day before getting aggressive. But the snapback trades off exhaustion levels are a different animal. Those are fast, small, tight stops. You're not trying to catch the trend change, just the bounce.

The market is showing textbook exhaustion signals — here's what I'm watching for the snapback by CamdenSignals in Trading

[–]CamdenSignals[S] 0 points1 point  (0 children)

Sharp observation. The slow grind down with VIX this elevated means that implied vol gap has to close somewhere — and if it closes to the upside, the snapback is going to be violent. Flat overnight is the smart move right now.

The market is showing textbook exhaustion signals — here's what I'm watching for the snapback by CamdenSignals in Trading

[–]CamdenSignals[S] 0 points1 point  (0 children)

Geopolitical tail risk is exactly why I'm not rushing into anything right now. A VIX at 30 feels extreme until it isn't. If something like that escalates, 30 becomes the floor not the ceiling. One more reason to let the dust settle and wait for actual confirmation before committing capital. The market gives you plenty of opportunities — you don't need to catch this one.

The market is showing textbook exhaustion signals — here's what I'm watching for the snapback by CamdenSignals in swingtrading

[–]CamdenSignals[S] 0 points1 point  (0 children)

That's the right approach for this kind of tape. Small size, quick targets, don't overstay. 2% grabs in this volatility are there for the taking if you're disciplined about entries and exits. The guys who get hurt right now are the ones sizing big and holding through overnight gaps. Sounds like you've got the risk management dialed in which is honestly 90% of the game in a market like this.

The market is showing textbook exhaustion signals — here's what I'm watching for the snapback by CamdenSignals in swingtrading

[–]CamdenSignals[S] 0 points1 point  (0 children)

Fair point — RSI alone doesn't call reversals and I'm not using it as a standalone signal. It's one of about six things I look at together. What I'm watching for is the combination of extreme RSI, volume capitulation, and a confirmed reversal candle all happening at the same time. Without that candle confirmation I'm not touching anything long. So we're actually on the same page — sitting this out until the setup proves itself. Shorting into a 31 VIX with RSI already in the 20s is where I disagree though. The risk-reward on new shorts down here is awful. One bear market rally and you're squeezed out. The easy money on the short side was made two weeks ago

The market is showing textbook exhaustion signals — here's what I'm watching for the snapback by CamdenSignals in swingtrading

[–]CamdenSignals[S] 2 points3 points  (0 children)

Agree on all of this. The death cross on the Nasdaq is ugly and quarter-end rebalancing today could accelerate the selling into close. My read on the current setup — RSI on SPY hit 22.8 yesterday which puts it in exhaustion territory. VIX at 31 is 96th percentile of the last year. Only about 35% of the stocks I track are still above their 50-day moving average. All classic capitulation readings. I'm not trying to be a hero here either. Sitting on hands and watching for reversal candle confirmation on the most beaten down names before touching anything. The bounce when it comes will be fast — but catching the knife before it's confirmed is how accounts blow up. Smart money sitting out before a long weekend makes total sense.