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.
|
johnpaulca
12,036 posts
msg #139217
- Ignore johnpaulca |
11/10/2017 12:50:11 PM
johnpaulca
11,146 posts
msg #139204 11/10/2017 9:21:38 AM
DUST...looking for a long above $26.20(day trade)
*************************************************************
out at $27.05
|
johnpaulca
12,036 posts
msg #139218
- Ignore johnpaulca |
11/10/2017 12:52:46 PM
johnpaulca
11,147 posts
msg #139202 11/10/2017 9:10:03 AM
/CL($57.32)...will try shorting this thang again
*************************************************************
starting to breakdown, will see the oil mafia buying the dips
|
BarTune1
441 posts
msg #139220
- Ignore BarTune1 |
11/10/2017 2:29:41 PM
UGA may also be rolling over .... hopefully ....
|
johnpaulca
12,036 posts
msg #139222
- Ignore johnpaulca |
11/10/2017 3:24:18 PM
BarTune1
390 posts
msg #139220
- Ignore BarTune1 11/10/2017 2:29:41 PM
UGA may also be rolling over .... hopefully
***************************************************************
that's a pennant on the daily and a bull flag on /CL...this should be going up not down....glty
SCO...was only a day trade( short oil)
|
johnpaulca
12,036 posts
msg #139223
- Ignore johnpaulca |
11/10/2017 3:28:54 PM
XIV($109.51)....oversold, this is where bulls start scaling in and average down as it stays oversold...not my cup of tea.
|
Kevin_in_GA
4,599 posts
msg #139226
- Ignore Kevin_in_GA |
11/12/2017 6:59:30 PM
3 BUY signals for XIV at the open tomorrow.
|
johnpaulca
12,036 posts
msg #139227
- Ignore johnpaulca |
11/12/2017 9:25:45 PM
johnpaulca
11,150 posts
msg #139176
modified 11/9/2017 9:17:57 AM
VIX...R1 is now 11(10.91), R2 = 11.29
***********************************************
VIX...closed at exactly 11.29..... you wouldn't believe I only eyeball these lines, no time to calc. them (:
|
gmg733
788 posts
msg #139228
- Ignore gmg733 |
11/12/2017 10:16:10 PM
I don’t like the look of /CL. She looks like she is consolidating to move higher. Saudi looking to go to war. Despite the world swimming in oil it may be the catalyst to send it higher.
|
johnpaulca
12,036 posts
msg #139229
- Ignore johnpaulca |
11/12/2017 10:39:03 PM
it's a darn bull flag.
|