Today, I was browsing a TAS&C during lunch, and came across a glowing review for freestockcharts.com, so I checked it out. It’s pretty full-featured for a web app, and has realtime data from the BATS exchange. And, it’s free!
This one was sparked by a comment one of the team members made the other day, about how coin flips can beat their intuition for where the market is going sometimes. Well, it turns out that in a variety of zero-sum games, randomizing your strategy is the only way to keep a stronger opponent [...]
RWT-004 was about storing references to Ninjatrader indicators. In NT7, as of recent betas, there is an OnStartUp() method that is a perfect place to initialize indicator references. So, I’ve updated the document to reflect that.
It’s #4 on the articles page.
I’ve posted RWT-008, which goes over some basic game theory as it applies to a common trading decision: taking profits vs. letting the trade ride. In a canned example, I show how you can mathematically decide which option is best, and also give a way to model the imperfection of the common trader when [...]
I’m not sure why so many traders refuse to use accepted scientific terms correctly. Recently I’ve seen the terms leading and lagging used incorrectly far too often. And don’t get me started on fractal!
Whenever I see people on forums endlessly discussing whether or not to use indicators, I always think of the old “it’s gotta be the shoes” ad campaign.
The Elliott Wave, that is (yuk, yuk). Anyway, I took my fourth Elliott Wave trade today. Again I traded 6B, which seemed clearest of all my charts when I sat down at my desk today. I think I made the perfect entry, to be honest. Unlike my previous trades for [...]
I’ve finally (after literally years of procrastinating) started a serious look at Elliott Wave theory. I’ve just been noticing their standard wave shapes too often lately to ignore it. Maybe there’s something to it, and maybe there’s not. One of our MtM Team members writes a forecasting newsletter leaning heavily on EW, [...]
This is a topic I’ve spent some time thinking about, since I’m always being asked about various properties of indicators. I tend to think nearly everyone that asks me is on the wrong page. Are you? Check out RWT-007: Indicators Just Indicate. It’s also #7 on the articles page.
I get several requests every month to feature new products and services here on the blog. It seems like every time, it’s a horrible idea or an over-priced service. Today, I think, is an exception. Check out www.tradingsim.com.
Basically, it gives you a minimal sim-trading “platform” right in your browser window (cross-platform: I [...]