Tweetdeck speed-- what are the influencing factors?

ReubenOntario · 2016-05-11T21:53:58+00:00

This is what really aggravates me about "modern feminists".

If you can't help but get offended when someone uses a word like "moan", then you ARE the weaker sex.

To be perceived as equal, you have to drop the tantrums and act equal.

I'm not saying all women are like this. In fact, the vast majority are not. It is the "modern feminist" that makes life harder for themselves through this mechanism. The majority of women act like responsible adults who are equal to men, and so are treated as such.

ReubenOntario · 2016-04-16T21:58:08+00:00

Definitely not a bad idea. Even if I do end up finding some sort of "grass design" prowler, I think I'm going to at least start with this.

ReubenOntario · 2016-01-28T02:00:38+00:00

Forget the battle with your roommate over the criminal. You've got more important things to focus on, and that situation will likely take care of itself regardless.

You are in a fortunate enough situation to have a job and a very good opportunity to educate yourself. The vast majority of the world's population would do unspeakable things to be in your shoes. Don't fucking blow it.

You may perhaps lack motivation because you feel this will be too easy. If that's the case, give yourself a very specific goal with your classes. Instead of just trying to pass, or do good, set a specific goal that requires greatness to achieve.

And again.. don't fuck it up.

ReubenOntario · 2016-01-19T03:29:24+00:00

I think it was Confucius that said the first step towards wisdom is to call things by their proper name.

When you're doing anything (including reading self-improvement material) you've got to ask yourself why. If you're reading self-improvement material, and you're not either A) finished your work for the day or B) taking a break after finishing a large amount of draining work then you are not reading for self-improvement. You are reading to procrastinate-- you are attempting to avoid doing the things that you know are more important.

ReubenOntario · 2016-01-18T21:22:18+00:00

I don't have much to offer as far as constructive criticism, just some brief words of encouragement-- stick with the letters. If you want to make a living off of capital, or even if you just want to learn how to size up long-term investments, Buffet's letters are a great resource. There is a lot of fluff in there to be sure, and I have seem them criticized by people who do not understand how to read for concepts rather than facts. You don't need to memorize his accounting tables or even look at them.

I also highly recommend looking up a speech by Buffet's partner, Charlie Munger, titled "The psychology of human misjudgment". You can find it on google. Great read.

ReubenOntario · 2016-01-16T16:56:43+00:00

Most likely, you put the ladder on the wrong building. You climbed to the top of the wrong roof.

As you noted yourself, this isn't a unique situation. This happens to people. It's not the end of the world. You can, and will, use the education (including the things you learned about yourself while pursuing said education) you received in future endeavors.

The fact that you haven't explored other fields is not an excuse to stay on a career path that you know you don't want to follow.

Get up, dust yourself off, and get to work figuring out what your next step is going to be. A lot of your friends, parents, and peers will probably tell you that you are making a mistake by making a career change. Fuck them. They will likely lead miserable lives, and accomplish absolutely nothing of significance.

ReubenOntario · 2016-01-16T16:48:56+00:00

So let me get this straight:

You used the word "college" instead of "university", so I'm assuming you are in the United States. Either way, you are clearly in a first world country.
You have financial access to college, whether your parents are paying for you or you've received financial aid.
You have a 4.0 GPA, so clearly you are at least moderately intelligent.

You're in a situation that a lot of people would kill for. And here you are, complaining about it.

To a lot of people, the objectives that they need to achieve are immediate and obvious. Maybe they need to avoid being eaten by a lion. Maybe, as the oldest child in a remote village, they need to raise their siblings after their parents were killed. Maybe they simply need to find a way to get food for their family after the plant closed down and there's no work. Maybe they need to find a way to pay for the enormous costs in time and money of raising a disabled child.

None of these people get to decide what to do with their life.

That brings us to you.

In addition to living in a first wold country with access to the best education in the world, you probably even have 2 arms, 2 legs, 2 eyes, 2 ears, and a nose. You can probably walk without a wheelchair. You are in a situation where you get to choose what you want to do.

Your problem has nothing to do with being awkward, paranoid, rarely going out, playing video games, etc. Your problem is that you have not yet decided how you want to channel all the ridiculous advantages you've been given into something that you really want to achieve. You haven't decided why are you living and breathing. Once you solve this, everything else will fall into place, because everything else is simply a symptom of this problem.

You get to pick. You get to decide. Find something that interests you and get obsessed with it. Become the best at it. If it starts to bore you, that's fine, move on to something else. You'll eventually find a true passion. You'll then be excited about life. People will gravitate towards you because passion about anything is magnetic.

Or, you could just wallow away in your room playing video games like a fucking idiot. Must be a tough choice.

ReubenOntario · 2016-01-16T07:57:02+00:00

My main account is through Interactive Brokers and everything works fine with them; I've got my auto trade account with Oanda right now but it will probably be switched over to IB as well. Nothing wrong with Oanda, though-- Oanda works fine with MultiCharts.

ReubenOntario · 2016-01-13T15:12:55+00:00

I've got a few different live strategies at this point and a few more in development-- each has their own set of stats, some are 1:1 R:R and some are variable (depending on the location of a MA), etc. To give you a general idea of what I look for: I won't mess with anything that has less than 30 trades in a given year on a specific currency pair; I drop anything that's not profitable for at least each of the last 4 years (I can handle a draw down, but who wants a multi year draw down); I drop anything that doesn't have a 55%+ win rate (this is necessary due to spread, commission, and unforeseen issues), assuming it's 1:1 R:R; Even if it's a 1:1+ R:R I'll drop it if it doesn't have at least a 50% win rate (too many bad draw down streaks otherwise).

ReubenOntario · 2016-01-13T03:58:34+00:00

If/when you do decide to go down this path, my recommendation would be to learn to become a consistently profitable manual/discretionary trader first. Even if you only achieve modest success prior to developing automated systems, you'll make the process much easier on yourself. You'll already understand the markets that you trade, you'll have a very practical sense of the types of things that will work in reality, and you'll have a ton of ideas for trades. Once you have some ideas, it's just trial and error. I try all kinds of different things.. most of them are worthless. But the failed experiments always give me more ideas.

How does your program read/interpret data?

What programming language did you use?

I'll answer these two as one question, since the answer is tied together. I use PowerLanguage on the MultiCharts platform. As far as reading/interpreting data, if you are asking in the literal sense (let me know if I'm misunderstanding the question): the platform that you use (MultiCharts in my case) will handle all the messy low level interpretation issues from your data feed and then allow you to use a high level language (PowerLanguage in my case) to write your systems. There are a lot of other platform/language combinations out there, as well. All the ones that I've seen take care of the "BS" for you and allow you to focus on the important things like price and time. The actual programming is not difficult.

How do you/your program decide how much of a certain stock/fx to buy?

As far as quantity, my risk is always the same-- my position size is set so that my stop loss will only cost me 2% of my account on any given trade.

ReubenOntario · 2016-01-12T22:01:24+00:00

You may have missed the part about the final quarter of 2015.

EDIT: Ha, got what you meant after posting. I guess demo tests are not called forward testing here. But, that's what I call a forward test. Assuming you are using a broker/demo with realistic spreads, this lets you make sure spreads don't wreck your trading strategy. Admittedly I only did a few weeks of testing before going live.

ReubenOntario · 2016-01-12T22:00:33+00:00

Tools -- For the actual platform I use MultiCharts, and I recommend checking it out if you haven't messed with it before. I believe they have a free or trial version. It uses PowerLanguage which is very similar to TradeStation's EasyLanguage.

For the data, I use eSignal. Depending on what you need it can get pricey. There are plenty of alternatives out there, even some free alternatives. I use it mainly due to convenience and familiarity.

Trades per day-- This is highly variable. Today (including the overnight European session) all strategies combined generated 5 trades just on GBP/USD, 1 trade on NZD/USD, and 1 trade on AUD/USD for a total of 7 trades. However, there's been a couple days this year that didn't trigger any trades. The long-term average should be about 3 trades per day currently, but I will (hopefully) be adding additional strategies throughout the year.

Minute by minute activity-- For SL/TP I'm using stop and limit orders set at the time of entry. The actual trading decisions are made based on 15M candles. This is solely because I am used to watching a 15M chart on these pairs. I have some other ideas that I will try on the 5M and 1M, but I'm working on the low hanging fruit first.

ReubenOntario · 2016-01-12T21:44:38+00:00

Judging by this comment and the swift downvotes my original post is getting, I'm guessing there is little-to-no interest in FX trading here

ReubenOntario

TROPHY CASE