A question came up among several of us this morning. In those
rare instances where you are in a long trade, get a signal to exit
AND go short, how do you accomplish the trade, particularly in
an IRA where you have no margin? You are supposed to exit the long
on the next day's open but are to go short at today's close. If you
are trading more than half of your capital, you can't go short
(even using SH) without first exiting your longs!
I see that I am not the only one that didn't see a close below
134.79. TDAmeritrade, thinkorswim and Yahoo Finance all had the
close at 134.83. However, given your email re: the Trade Station
close, I bought after hours for 134.77, so I can try to track your
results.
Just saw last night's update. I thought that you suggested we
hold off on the FAZ systems until you could do some work after the
1:10 reverse split. Have I missed something? Are you now trading
some or all of the FAZ systems? Thanks!
Is anyone manually trading 20,000 or more shares of any of the
mechanical systems at a time (e.g. FAZ)? If so, do you place an
order for all 20,000+ shares or do you break it down into multiple
orders of (say) 5,000 shares? Do you place limit or market orders?
If limit, do you have problems getting them executed when trying to
exit at the EOD? How do decide where to set your limit orders? If
you use market orders, do you find that the execution takes place
at different prices that are increasingly moving against you? Thank
you for your input.
I see that the two new systems contain stop losses. Can we
assume that the statistics accompanying them wre based upon the use
of these stop losses? Thanks!
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Title: My Response to Bob's
SPY System
Posted by bobhug on 7th of May 2011 at 08:41 am
Doug:
Thanks! That's a great way around the issue.
Bob
SPY System
Posted by bobhug on 4th of May 2011 at 05:12 pm
Matt:
A question came up among several of us this morning. In those rare instances where you are in a long trade, get a signal to exit AND go short, how do you accomplish the trade, particularly in an IRA where you have no margin? You are supposed to exit the long on the next day's open but are to go short at today's close. If you are trading more than half of your capital, you can't go short (even using SH) without first exiting your longs!
Bob
SPY Close
SPY system additional
Posted by bobhug on 4th of May 2011 at 04:36 pm
Matt:
So, what did you do? Did you buy or not?
Bob
SPY Close
SPY important trade notification
Posted by bobhug on 4th of May 2011 at 04:34 pm
Matt:
I see that I am not the only one that didn't see a close below 134.79. TDAmeritrade, thinkorswim and Yahoo Finance all had the close at 134.83. However, given your email re: the Trade Station close, I bought after hours for 134.77, so I can try to track your results.
Bob
SRS #2 - WMA in TOS
SRS #2 Swing System
Posted by bobhug on 22nd of Sep 2009 at 08:45 am
On TOS charts, it is under "Studies" and then select "Moving Average - Weighted".
Bob
FAZ Mechanical Systems
Posted by bobhug on 14th of Jul 2009 at 08:49 am
Matt:
Just saw last night's update. I thought that you suggested we hold off on the FAZ systems until you could do some work after the 1:10 reverse split. Have I missed something? Are you now trading some or all of the FAZ systems? Thanks!
Bob
Mechanical Systems
Mechanical Systems
Posted by bobhug on 26th of Jun 2009 at 01:26 pm
Thanks! Do you do so as a limit or market order? Any problems with execution or pricing at EOD?
Mechanical Systems
Mechanical Systems
Posted by bobhug on 26th of Jun 2009 at 01:24 pm
Thanks! Do you enter all of your order at once or break it down into multiple orders? Do you enter limit or market orders (especially at EOD)?
Mechanical Systems
Posted by bobhug on 26th of Jun 2009 at 12:08 pm
Is anyone manually trading 20,000 or more shares of any of the mechanical systems at a time (e.g. FAZ)? If so, do you place an order for all 20,000+ shares or do you break it down into multiple orders of (say) 5,000 shares? Do you place limit or market orders? If limit, do you have problems getting them executed when trying to exit at the EOD? How do decide where to set your limit orders? If you use market orders, do you find that the execution takes place at different prices that are increasingly moving against you? Thank you for your input.
New FAZ Systems
Premium Content Section
Posted by bobhug on 16th of Jun 2009 at 10:58 am
Matt:
I see that the two new systems contain stop losses. Can we assume that the statistics accompanying them wre based upon the use of these stop losses? Thanks!
Automated Mechanical Systems
Posted by bobhug on 20th of May 2009 at 04:47 pm
I am interested in automating some or all of the mechanical systems. I have a few questions with which I would appreciate some help:
1. Has anyone done so?
2. If so, what platform are you using?
3. Anyone using thinkorswim?
4. Did you write the code yourself or have a programmer do it for you?
5. If a programmer, will you please give me his/her contact information?
6. Did anyone consider doing so and decide against it?
7. If so, will you share the reasons for doing so?
Thank you very much!
Bob