Visually stunning and intuitive to use, the PowerTools trading system automatically generates buy and sell signals for any market and can be used with tick, intraday and daily charts.
BUY RULE: When the trading system is on a sell signal, blue dots will appear above the pink price bars to indicate the stop loss/reversal point; if [...]
Pete asked me what I thought about “Sigma Channels” by Hamzei Analytics. I had never heard of this indicator, but on first glance, it reminded me of Bollinger Bands. It didn’t take long to figure out that they were Bollinger Bands with two additional “standard deviations” plotted. [DOWNLOAD PDF]
The example used in their presentation was [...]
Professional traders don’t trade just anything. In fact, trading at the firm is broken down into two broad categories: agency and principal. The specialties are market making, liability, arbitrage, hedging, etc. Pure directional trading, that is, capitalizing on a trend, is rarely done as a principal trade. It is the province of agency trading, that is, for clients and most often, by clients.
I did an interview with Dave Mabe of Stocktickr a couple of weeks ago. Dave was kind enough to provide me with a tour of StockTickr. He’s done a great job and I think his trading journal service could be of use to a lot of traders.
The functionality that caught my eye was [...]
Robert wrote:
Thanks for the time and effort you put into your website. It is of great encouragement to me that I am heading in the right direction. . . .Recently I concluded that I needed to develop and maintain a list of high price-high range stocks to trade and backtest. So your latest articles are [...]
