@tradomate Thank you for your offer. My project has been progressing well and hope to complete it in the next 3 months (since the project consists of more than 30 modules).
Hello algo heads, Sorry for not being active in this group as I am little caught up in my new project building my new professional grade algo tradin...read more
Does anyone in this group use algo trading using backtrader with IB data API? Has anyone tried writing data points forecasting using Skit-learn, Tra...read more
@singhappily I have been stock trading for the past more than 40 years. I don't use any of the lagging indicators mostly used by 95% of the new generation traders. I use order flow, tick data DOM to figure out what the big players are upto. With many years of trading, I can with ...
Remember folks, if your understanding of the market is not perfect, no matter how you code your strategy the market will always take you out. I always believe that your algo is just an coded version of your strategy. First one need to understand how the market behaves. One need t...
@DhruvMan Well I have further updated my predictions based on my assessment. Will wait and see how it shapes up on Monday morning. P.S. Sorry for the earlier slightly off predictions as it was prepared on Friday evening data without considering overnight developments globally.
@xyztraderr Never ever get into intraday without stoploss. Even after being stock trading business for over 40 years, I never do that. Always respect the power of the market. Also a professional stock trader never gets into stock with very poor liquidity and very high spread as y...
@xyztraderr currently the stock is forming a descending triangle. If there is a breakout towards the flag end of the day, you may be able to get out of the market without losing much. So you may hold on. Looks like you have got into trade without stoploss.
You shorted it at worst possible time when the stock was getting ready for upside bounce. It looks difficult but not impossible for you to get out with your skin and prestige intact. Smart money is completely out of the picture at this moment. In short you were stop hunted. But d...
Yes, you are right. One doesn't need to see the chart to do the trading in today's high tech world. Being developer, owner of HFT system my self, I can onlytell that a HFT trader doesn't depend upon chart as much depending upon order flow, DOM with tick level data using colocatio...
FrontPage is India's favorite stock discussions community
Join 10 lakh Indian traders and discuss trades, strategies, news & views on any stock.