johnpaulca
12,036 posts
msg #139203
- Ignore johnpaulca |
11/10/2017 9:15:26 AM
johnpaulca
11,139 posts
msg #139176
modified 11/9/2017 9:17:57 AM
VIX...R1 is now 11(10.91), R2 = 11.29
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we hit R2, this is overbought and should a reversion
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johnpaulca
12,036 posts
msg #139204
- Ignore johnpaulca |
11/10/2017 9:21:38 AM
DUST...looking for a long above $26.20(day trade)
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johnpaulca
12,036 posts
msg #139205
- Ignore johnpaulca |
11/10/2017 9:44:25 AM
XIV...waiting for a pop above $110.55
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johnpaulca
12,036 posts
msg #139206
- Ignore johnpaulca |
11/10/2017 9:45:29 AM
XIV...below $109.72 short!!
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johnpaulca
12,036 posts
msg #139207
- Ignore johnpaulca |
11/10/2017 9:49:35 AM
I totally dislike bots their trading between this range at hyper speed, can't compete with that
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johnpaulca
12,036 posts
msg #139208
- Ignore johnpaulca |
11/10/2017 9:53:34 AM
XIV...looks like buyers are chasing , will have to join them just above $109
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johnpaulca
12,036 posts
msg #139209
- Ignore johnpaulca |
11/10/2017 10:06:06 AM
XIV($109.72)....cover at $109.03
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karennma
8,057 posts
msg #139211
- Ignore karennma |
11/10/2017 10:23:36 AM
johnpaulca
11,146 posts
msg #139207
- Ignore johnpaulca 11/10/2017 9:49:35 AM
I totally dislike bots their trading between this range at hyper speed, can't compete with that.
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Bingo! And, why I'm NOT daytrading anymore.
Surely, you guys are on the same lists I'm on ...
My two recent emails:
"How to Compete against Computer Algorithm Trading"
.. and ..
"Are Human Traders becoming Obsolete?"
Seriously.
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Kevin_in_GA
4,599 posts
msg #139212
- Ignore Kevin_in_GA |
11/10/2017 11:02:23 AM
The time frame best suited for retail individual traders like us is probably 2-20 days, not long term, not intraday. Not that you can't make good money in those time frames, but it is just getting too hard to compete with the bots on one end, and the other end is equal to just buying and holding a mutual fund.
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pthomas215
1,251 posts
msg #139213
- Ignore pthomas215 |
11/10/2017 11:21:06 AM
Algo trading has limitations. Those models really prey on less sophisticated investors/traders. While the concept of a model accumulating wealth in a bull market is appealing, from what I have seen you have pretty significant disadvantages in relation to the human eye. the most glaring is you set parameters..i.e. In JCP @ 2.80, want to exit at 3.30. If it drops after exit to 3.05, it automatically buys some more. problem is many times you are in at 2.80, runs to a top at 3.29, then drops to 3.06. if you follow that scenario, the human hand is more efficient. and it happens a lot with algo trading. finally, algo models could include shorts but most 'assume' a bull market as a back drop...which right now would be very dangerous in my humble opinion.
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