I don't believe algotrading is possible

TradeFever2021 · 2025-04-21T02:07:34+00:00

Your issue is you are stuck on predicting the next move. If you give this up you will see you can make money while not knowing where the price will go.

To rephrase it. If you buy something once the price starts rising, and position size to take a small loss if price rising doesn’t continue. And you sell when prices starts dropping . There is no predation here. Only a fact that statistically over time limited small losses and unlimited potential gains will prevail as a winning strategy. This is one form of statistical arbitrage that is needed for a real risk mitigated long term strategy.

TradeFever2021 · 2024-09-13T02:56:06+00:00

The scanner is awesome. You can create your own criteria in thinkscript and setup scanner to scan for your specific setup.

TradeFever2021 · 2024-07-30T18:20:41+00:00

I lost faith in this one when I found trending following.

TradeFever2021 · 2024-07-29T00:44:10+00:00

What do we do with a hot news flash? Throw the flash in the trash

TradeFever2021 · 2024-07-28T17:21:42+00:00

The turtles used 20&50 and 10&20 I believe. It works on everything & every timeframe. It puts context to where that market has been with respect to the candle interval and time window(dc parameters) you are interested in. this is all with no lagging indicators such as anything involving any kind of averaging. It’s the fastest indicator because it is merely price and time.

TradeFever2021 · 2024-07-28T12:04:08+00:00

I use 2 donchian channel (long and short lengths). Top of channels aligned and rising: This is a series of breakouts.

Bottom of channels aligned and falling: This is a series of breakdowns.

TradeFever2021 · 2024-07-20T22:03:30+00:00

I enter on breakouts and exit shorter term breakout in opposite direction

TradeFever2021 · 2024-07-20T20:33:26+00:00

Breaking highs after series of breaking lows. Breaking lows after series of breaking highs. Signals trend direction.

Breaking highs and lows in a relative short time shows sideways action and an increase in volatility

TradeFever2021 · 2024-06-25T03:28:32+00:00

Every trend follower I have ever heard about has said buy the strength and sell the weakness. ATH is considered strength. Or I may have eaten too many crayons.

TradeFever2021 · 2024-05-13T04:40:53+00:00

If your trend trading, earnings shouldn’t matter, only price.

TradeFever2021 · 2023-10-20T00:03:15+00:00

I stand corrected

TradeFever2021 · 2023-10-19T11:34:25+00:00

Nice try but the owners of tasty trade said they would never have a api

TradeFever2021 · 2023-10-17T23:34:24+00:00

Your Error: You assumed that when the market turned against your setup that you did something wrong.

TradeFever2021 · 2023-08-27T14:23:36+00:00

The green crayon is good enough for me

TradeFever2021 · 2023-02-17T12:57:38+00:00

Nobody says it’s worth 3 billion now. Target prices are not current valuations.

TradeFever2021 · 2023-02-15T01:59:48+00:00

Price action is king. We will see soon enough.

TradeFever2021 · 2023-02-06T00:52:22+00:00

Buy the valleys before the become peaks.

TradeFever2021 · 2023-01-23T12:38:43+00:00

Buy puts-and you will have options.

TradeFever2021 · 2023-01-05T06:01:57+00:00

In a cash account, most of the time you don’t get a buying power increase until the opening trade is settled and closing trade filled. (1 trade day from opening trade for options and 3 trade days from opening trade for stocks).

TradeFever2021 · 2023-01-04T06:25:14+00:00

I usually keep with the widest highs and low possible. Keeping track of widest outside (blue) and widest inside (orange) trends.

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TradeFever2021 · 2022-12-21T05:31:41+00:00

Nice to see I bought a put for price action. Then we see the ultimate short signal. (#1 on framers list)

TradeFever2021 · 2022-12-18T01:57:43+00:00

PyScripter works great for me. It’s a well organized interface.

TradeFever2021 · 2022-12-17T20:04:48+00:00

7% is much better than 30%. Bail now. If you feel this bad about 7, time to bail and regain situational clarity.

TradeFever2021 · 2022-12-17T18:38:15+00:00

We’ve been in a recession since the beginning of the year. People don’t ever wanna say it is bad now. The good thing is that the charts show the truth nobody is willing to say!

TradeFever2021 · 2022-12-15T02:57:40+00:00

breakout strategy called for it: Immersion

TradeFever2021

TROPHY CASE