Tuesday, June 13, 2017

It looks like I have been AWOL--Good Quora Articles--Computerized Trading

This is not the case. There is ONE stock on my list with an earnings release this WEEK. I mean, that's hardly worth trading. And 4/5 days have no trading obviously anyway.

However, I have found that Quora is a surprisingly good investment resource. Just the fact that most of the respondents here: https://www.quora.com/Personally-how-do-you-identify-profitable-stocks?srid=u7gBP Use computer algorithms to sort and pick the stocks they want to invest in/trade is an indication of this.

As a side note, I do recall Finviz even doing technical analysis, and one can opt to trade head and shoulders patterns, what have you! Now obviously the ultimate is writing one's own computerized program (or borrowing a friend's which does what one is looking for) to actually trade these things automatically. This is what I will be working on. Using the standard rules of technical analysis one could automatically format trades on a wide variety of underlyings. Sounds excellent!

Quora is even good when it comes to seeing say if dating apps are working for men. If the paid versions are working...I came across one of these articles in my feed, and found it very interesting. The suggestion algorithms are good as well. Will be using this resource more in the future, 10 minutes online literally can be worth a month of effort.

So, what am I doing with all this time away from the trading screen? I am learning to program MLQ4, the language for the meta trader platforms. Currencies et al. I will probably need to jump ship later to another platform when I am a manager but computerized trading will always be a part of my strategy. It is very uncommon that I use such strong language but it is simply humanly impossible to be in all places at one time, and this is something computers are seemingly able to do. And they can  bring the very best opportunities to human attention and trade the rest on their own, without intense supervision. They have even have "auto desist" trailing stop style features...such as if the account they are trading has a drawdown of 30% say, they halt and notify a human. They could simply notify at 10%, say. The possibilities are nearly infinite, and the hardware is plentiful these days, infrastructures are well-developed. Count me in!

-Ian

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