program

Долгая, happy life…

[info]pratrader posted a series of posts, about that, what kind of life awaits us in the near future. Popular in fiction are considered (I remembered the book `` The Lord of the Abyss '' read at school) pseudoscientific ideas about turning a person into a kind of cyborg, victory over disease, gene modeling, increase in life expectancy to 200-300 years, and as a climax, separation of the brain from the body, putting it in a jar, creating virtual reality and achieving immortality. Than the author has already caused the emergence of a series of demotivators.
 As a child, I was very afraid of death. Tried to imagine, like this, see nothing, not to hear, don't feel, Believed, that in twenty years scientists will create an effective artificial heart (at seven to eight years old, death was associated with aging and stopping this organ) and `` we probably won't have to die at all…" It's hard to constantly live with the fear of death, therefore we invent or accept tricks, usually of the following types. First – religious – belief in the afterlife, reincarnation, etc.. based on the words of the prophets, sacred texts, and so on. Based solely on faith. Second, let's call it psychological – attempts to understand, what's behind the line by polling people, survivors of near-death experiences, transpsychological experiences, and so on. The third rejects the existence of consciousness outside the physical body and sees a way out in the development of science and medicine, life extension, improving its quality, and as a consequence, achieving immortality, even by turning into a lump of thinking matter. Our consciousness is arranged in this way, that a supporter of any of the ideas will snatch facts from the flow of information, self-righteous, and refuting other opinions. Until, until someone is convincing enough, to change the paradigm.
In my opinion, one of the greatest myths, which is now actively exploited, this is an increase in life expectancy. Positive results achieved, mainly, by reducing child mortality, and deaths, during periods of epidemics. Statistically. The real duration has increased very slightly, Furthermore, personal observations lead me to conclude, that people began to live less. Want confirmation? See the story of a kind, surely many will find great-grandfathers and great-grandmothers, Lived 95, 100, 105 years. See the closest relatives – 65, 70, sometimes 75. Subjectively, you say? Good, let's see the Renaissance. Leonardo – 67 years, Raphael – 37 years, Titian – 99 years, Michelangelo – 88 years, Botticelli – 65 years, Donatello – 80 years, Piero della Francesca – 72 of the year (Now I'm just typing the first on Wikipedia, what comes to mind).
My spongy conviction – man lives, while a program is running, the purpose of his life. It also creates vitality., and fills life with colors. When the program is worked out, and nothing comes in return – the body begins to rapidly deteriorate, diseases become more active, and the result will be death, if no new idea is found, task, it doesn't matter which one. All this is brilliantly described by the great psychologist Viktor Frankl, who made his conclusions based on the existence of people in extreme conditions – in this case – fascist concentration camp. Those survived in inhuman conditions, who had some purpose. Just don't have to think, that I reject the physiological causes of aging. Everything needs to be considered as a whole. But doesn't it seem strange, that many die, later 2-3 of the year, after retirement. It would seem that, the beginning of a new stage, Live and be happy, Rest, Enjoy yourself… An no, program, worked for decades worked out, but a new one did not appear. Aimlessness, meaninglessness of existence, and the logical result. That is why in the life of the brain in the bank, surrounded by virtual entertainment I can hardly believe.

Miracle systems for Tradestation.

I'm not very friendly with TradeStation, I can say that I'm not even friends at all. But a lot of systems have been created for her., as it was once the standard for system traders. There are a lot of systems from the last century and even the one before last… If you go to the ebay.com auction, then the systems are sold there, mostly, for tradestation, for example, for WLD, at all, It was never. That's why, tradestation you need to know, at least in general terms. So here, I analyzed the old systems for tradestation for a couple of days and noticed that quite a lot of profitable ones come across (drove on futures, mainly on ES days and some others). And it was amazing, because, for example, if you run systems on WL, then there are simply no clearly profitable ones. Not that surprising, but also suspicious.
Recently, understood what's the matter — all miraculous profitable systems had a trailing stop, interest or dollar. And, small, less than average bar length. And less than a long bar three to five times. For example, dollar trailing stop 250-400 dollars for ES. And the position is always closed by this amount from the top of the bar. If the bar is long, it is clear that according to the trailing, the position in real life can be closed in the middle of the bar, but the program closes the position at the top. This is due to this and it turns out “profitable systems”. But only on paper…. Such systems should be tested on intraday data., but then the code should be completely different. And then, when they sell systems by 1000-5000 Dollars, as an advertisement, tests were carried out for them on the day and codes for the day. As an example, MiniMax2 system, which is sold at breakoutfutures.com.
Well in general, I tried and I create a miracle system. Took a random entry (not really, certainly, random — simply, by the first indicator that comes across) and exit at the dollar trailing stop 300 Dollars. Almost all futures days are profitable. Here is an example of a dollar index futures.

That is, the point is, that the trailing stop should not be less than the tested bar. If it is smaller, you need to switch to smaller timeframes.
If something is wrong I wrote, correct, since in Tradestation I am a complete amateur, as well as in everything else :)

ECN – Electronic Communication Network

Electronic Communication Network (ECN) - an electronic system for the implementation of transactions for the purchase and sale of exchange commodities, which tries to eliminate the role of intermediaries. ECN connects leading brokers and individual traders with each other, so they can trade directly, bypassing the exchange mechanisms of intermediaries. Content : Introduction History of ECN Regulation ECN Feature Description Advantages of ECN Source of income ECN Disadvantages of ECN ECN Commission The most profitable routes […]

Why test

What, in my opinion, is the main point of testing systems on historical data? Ответ простой — weed out knowingly unprofitable or knowingly non-earning systems. For example, a novice trader read in one of the books, article, seminar, etc.. o super-systems, which just can't help but win, because she is correct, you have to believe in it and trade disciplinedly. He has two paths — trade it disciplinedly, gradually draining money over 2-3 years or test in any specially created program for this, to make sure that in the past she did not bring money, which means, there is a possibility that it will not bring in the future. The second path will be much shorter 2-3 years, and depending on the skills of coding trading signals(no programming skills) it may take from 2 to 15 minutes.

Когда-то давно, when I just started playing on stock exchanges, мне говорили — “how can you trade, you don't have a system, trade is not yours, without a system, you will still merge… develop your system…”. I honestly did not know what a system is and how it can be developed, but did not admit it and said that I have a system, and I believed in it myself — thought, what if I trade, this is already the system. Then I read that the system turns out to be very simple — price is higher than EMA — Buy, below the EMA — Sell. I looked at the graph — and exactly, looks extremely logical, because when the price is above the EMA, she grows, and when under EMA — falls. I realized that I had found the grail, now it will be very easy to make money. And I started trading EMA with a period 21 on the EURUSD currency pair. The first trade was closed by stop loss, but i didn't worry, I knew I had the grail. I didn't know what a saw was yet, but gradually I began to feel it, when several deals in a row closed in negative territory. I doubted….. and decided to check the grail on historical data manually. Tested for several days and made sure that the grail is draining…. By the way, I was very lucky that at that time seminars were not yet so widespread, manuals and forum discussions with zombies about the benefits of developing iron discipline and blind faith in the correctness of the method, where the main postulates are risk / reward not less than 1:3 and stop 5 Cents — Sort of, if you stick, sooner or later you will get rich. I represent, what would have happened if the brainwashing struck the still immature consciousness of a novice speculator.

Fortunately, I came across a program, on which it was possible to check what results the coded system showed in the past on the selected instruments. I already had different ideas at that time, и очень много, about 1000 :). Imagine, how many years would have to be spent in real trading, or, as a last resort on demo, to make sure they don't work in an almost efficient market. And if you blindly adhere to discipline, how much money would have to be drained. And with the help of the program, after acquiring skills in coding trading signals, this process will take, maximum, 1 day. And all. And you can, with a clear conscience, discard these ideas and not trade.

Someone will say — it is not always necessary to blindly adhere to the system, since the system will not be able to foresee what the human brain can. For example, if the price suddenly went against the position — close without thinking, no matter what the system says there — because everything is simple, you just have to watch the price. This, By the way, very common opinion. Me too, By the way, I once believed in this, until I began to constantly notice that if I had not been engaged in amateur performances, but strictly followed the system, then the profit would be much higher. And this disease lasted for a relatively long time, it was very difficult to recover from her. Even now, sometimes it washes away “улучшить” system at some point. well, and that, that with a system, you need to constantly monitor the price, simply speaks of the absence of clear rules for entering and exiting a position.

In general, what I wanted to say — what testing, it's not the same, как многие считают: “stop testing, you need to trade”, “mathematical self-sufficiency”, “art for art's sake”, “all life will pass for tests”, “Rezvyakov does not test”, “theorists” and so on. This, first of all, huge time savings. Why 98% traders drain money? If they tested their fix ideas on past data and were convinced of their inconsistency, they just wouldn't bet money on it and, so there would be a chance of them(The money) save.

З.Ы. All of the above does not apply to very experienced players. They are experienced for that because they went through all the hardships and they themselves are like a program for testing — testing takes place in their heads instantly at a speed, incomparable with the speed of a computer and a program. Honor and praise them :)

Linda Bradford Raska / Linda Bradford Raschke

Linda Raschke is a professional trader with 1981 of the year. She started her career as a trading floor trader and later founded the money management company LBRGroup.. Linda Raschke was featured in Jack Schwager's book The New Market Wizards and is well known for her own book, Wall Street Virtuosos.. She has also published a huge number of educational articles on short-term trading in the markets.. You can remove a trader from the exchange hall, but you can't make him forget the habits of the stock market.. Current example – professional trader Linda Raschke, who currently trades from her office, started as a trading floor trader on the Pacific Stock Exchange in 1981. and then on the Philadelphia Stock Exchange. Although it has already passed 17 years, since she stopped trading in the gym, Linda says, that market principles and methods of analysis, which she was developing at the time., remain an integral part of its trade today. Actually, some of the tools, which she uses today, like oscillator "3-10", are essentially the same, which she took from her first mentor more 20 years ago.

Affiliate program with IBCapital has been suspended

Small ad. My affiliate program with IBCapital has been suspended. Please don't be scared, ничего страшного не произошло, I just didn't find a common language with one of the leaders of the Company, Rustam. Но к самой компании это не имеет отношения.

Joe DiNapoli / Joe Di Napoli

Jo DiNapoli – professional trader, President of Coast Investment Software, Inc." Although its methods are applicable on all time scales and in all liquid markets, DiNapoli prefers intraday trading on the stock market indices most of all. He started trading them ever since, how the index S was introduced&P in 1982. Joe DiNapoli – professional trader and trading veteran with over 35 years of market experience. He is also an avid researcher, an internationally recognized lecturer and well-known author. His formal education is related to electrical engineering and economics. His informal education was in the "Bunker", the so-called trading place, fully equipped with electronics and communication equipment, where most of Joe's early research began. Trader Joe - this is how he signs letters and this is the name of his friends and students, who operate in a wide variety of countries and markets.

About risk management

I receive messages asking me to tell you more about the principles of risk management.

I believe, what is the main thing – tight control. Amount of deals, traded shares and clear stop loss.

If you are properly restricted – you won't lose much for sure.

The problem with overtrading disappears altogether.

Your Net is clearly linked to Gross’ y. If one grows – the other will not stand still.

Для начинающих – just super!

Broker Trade-Ua jointly with A. Gerchik developed an interesting system for trading in the American markets.

More experienced people can customize it for themselves., for other markets. Beginners should follow it clearly..

In our office, several people have remade this program for themselves.. The effect is noticeable.

The program itself:

1 stage – 1 Sunday. The trader is put at risk for the day 9$, autoclouse 10$, дается 600 шерс (i.e, if the trader's first deal is positive, then he can still do 1 deal, if plus and second, it can do the 3rd, if the trader made the first trade negative, at the same time did not even reach minus 9$ – should stop trading).

Upon successful completion – transition to the second stage.

2 stage – 2 weeks. The trader is put at risk for the day 10$, autoclouse 15$, дается 1000 шерс (that is, the trader can do up to 5 positive deals). Allowed 2 минусовые сделки, after 2 minus stops trading, even if it has not reached the stop loss.

Upon successful completion – переход на 3 stage, with negative net – переход на 1 stage.

3 stage – 4 weeks. The trader is put at risk for the day 15$, autoclouse 20$, дается 1400 шерс (that is, the trader can do up to 7 positive deals). Closes with 3 negative trades, even if it has not reached the stop loss.
Upon successful completion – transition to the 4th stage, with negative net – on the 2nd.

P.S. do not write angry letters. Nobody imposes anything on you. I believe, that it can help many.
Не нравится – don't follow.

Also important: если вы видите, that you are doing great and the statistics are in your direction – try to increase the number of transactions.

This system is for people, who are just starting.

Ideally – you must understand yourself, what do you do best, which is worse and create your own system tailored to your personal pros and cons.

Free Demo Access to Ninja Trader

Free Demo Access to Ninja Trader In today's trading world, there are plenty of platforms to trade. However, one of the most prominent and reliable is Ninja Trader.. Introduction to Ninja Trader What is Ninja Trader? Ninja Trader – it is a trading platform, which provides users with tools for market analysis, developing strategies and conducting transactions. Why Ninja Trader is so popular? This is due to the user-friendly interface., powerful analysis tools and the ability to integrate with various brokers.

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