FAS / FAZ / Daily Discussions / Archives / 11-04-2011 / Friday, April 1, 2011

Topie: Friday, April 1, 2011
April 1st, 2011 07:09 AM
membar Allen,

How long does it take matlab to compute your mx+b plus gap thing? If I did this in my Java simulator (which simply iterates over all combinations) it would probably take hours or days. Is the improvement over kx that significant?

Some significant news. Kelly Capital is coming out with 100x leveraged ETFs. I wouldn't trade these without heavily backtesting strategies for them. These were originally due out in November 2009, as you can see from the post, but the SEC delayed approval until yesterday. They should be out sometime this week:

http://jasonkelly.com/2009/11/first-100x-leveraged-etfs/
April 1st, 2011 09:42 AM
Black Swan Wow! Thanks for sharing membar.(Hope this is to celebrate the fool's day :P)
Changing tracks today. Bought TZA at open and no don't know what to do. Hopefully the market will be the best teacher :P

Good luck everyone!
April 1st, 2011 09:48 AM
Black Swan Out 34.76.
April 1st, 2011 09:53 AM
ISA_Coder 100x ETF named SOAR and SINK.....sounds like an april fools joke to me
April 1st, 2011 10:09 AM
Black Swan Of not seeing the computer..
Bought TNA at 89.11 today and put in a sell order at 89.88. Well, kept ticker watching, washed off my hands at 89.58 thinking this is it. For the past few days, I sell, but it ultimately goes to my initial sell price.
How-o-how to be patient?!
April 1st, 2011 10:13 AM
ISA_Coder
Quote:
Black Swan wrote:
Of not seeing the computer..
Bought TNA at 89.11 today and put in a sell order at 89.88. Well, kept ticker watching, washed off my hands at 89.58 thinking this is it. For the past few days, I sell, but it ultimately goes to my initial sell price.
How-o-how to be patient?!



same EXACT thing happened to me yesterday. I try concentrating on my work, listening to music, doesn't work. if you figure it out just let me know :D
April 1st, 2011 12:39 PM
BullDog isa - This is pretty addicting isn't it. I love it!
April 1st, 2011 01:09 PM
membar What have you guys done about Google's prices being delayed?
April 1st, 2011 02:16 PM
allen314159
Quote:
membar wrote:
How long does it take matlab to compute your mx+b plus gap thing? If I did this in my Java simulator (which simply iterates over all combinations) it would probably take hours or days. Is the improvement over kx that significant?


Allen's secret: Pre-calculate the ATRs for every daily low, sort them, and test those points to generate a profile, instead of just guessing. :)
April 1st, 2011 03:24 PM
allen314159
Quote:
ISA_Coder wrote:
same EXACT thing happened to me yesterday. I try concentrating on my work, listening to music, doesn't work. if you figure it out just let me know :D


ISA, Bulldog,

Do you guys pre-calculate entry/exit points? If so, then there's really no reason to look at the market once you've put your orders in... At least that's my philosophy.
April 1st, 2011 03:30 PM
membar In TNA @ 88.94
April 1st, 2011 03:39 PM
ISA_Coder
Quote:
allen314159 wrote:


ISA, Bulldog,

Do you guys pre-calculate entry/exit points? If so, then there's really no reason to look at the market once you've put your orders in... At least that's my philosophy.


it's the fact that i'm already sitting in front of a computer all day so whenever i'm waiting for something to load or have some down time, i'm always checking prices, and if i'm currently in i guess i tend to make decisions and rethink what i'm doing.
or perhaps it's just a self discipline/personality trait that i have to overcome, thats more likely
April 1st, 2011 03:42 PM
ISA_Coder
Quote:
membar wrote:
What have you guys done about Google's prices being delayed?



yahoo's finance shows them in real time but not in the main title of the screen. usually i would keep one window open for each ETF i want to watch and keep it minimized and it would show the price/% in the minimized task bar item (windows obviously).
yahoo shows the same 15 minute delayed price in the minimized task bar item but on the actual page it shows the real time price so i find myself constantly maximizing and minimizing the window to see the current price, not optimal at all.

if i could just quit my day job i could use scottrades quote streamer all day and it would be so much better
April 1st, 2011 03:46 PM
Black Swan
Quote:
ISA_Coder wrote:



yahoo's finance shows them in real time but not in the main title of the screen. usually i would keep one window open for each ETF i want to watch and keep it minimized and it would show the price/% in the minimized task bar item (windows obviously).
yahoo shows the same 15 minute delayed price in the minimized task bar item but on the actual page it shows the real time price so i find myself constantly maximizing and minimizing the window to see the current price, not optimal at all.

if i could just quit my day job i could use scottrades quote streamer all day and it would be so much better


I use marketwatch dockable portfolio, or run the portfolio on my smart phone. Google is easier to decide entry and exit points though.
April 1st, 2011 03:49 PM
allen314159 This market is wild like a zoo:

http://www.youtube.com/watch?v=65YUe2PJTAQ

Sorry I've had this song stuck in my head, so I came up with a tie-in with the market.
April 1st, 2011 03:51 PM
BullDog Did not yahoo Finance is real time. Is it really?
I have installed MS silverlight at work and use fidelity's web version real time streamer. I do not leave it on all day, least the network guys come looking for me for my ip traffic. :-)
April 1st, 2011 03:54 PM
Black Swan
Quote:
ISA_Coder wrote:


it's the fact that i'm already sitting in front of a computer all day so whenever i'm waiting for something to load or have some down time, i'm always checking prices, and if i'm currently in i guess i tend to make decisions and rethink what i'm doing.
or perhaps it's just a self discipline/personality trait that i have to overcome, thats more likely


Exact same situation. If I look at it, and if I am making some dough, I like to get out. Aren't there days when you are just thankful that you were antsy? :-)

April 1st, 2011 03:55 PM
Black Swan
Quote:
BullDog wrote:
Did not yahoo Finance is real time. Is it really?
I have installed MS silverlight at work and use fidelity's web version real time streamer. I do not leave it on all day, least the network guys come looking for me for my ip traffic. :-)


BD, do you use Fidelity's active trader too? This is something I want to use eventually.
April 1st, 2011 03:58 PM
BullDog Should be interesting next couple of weeks coming up. I'd be curious to see how the banks report. I think they are making more but keeping quite since the govt is on their case.
Have a good weekend guys. Looks like we are heading into a respectable close.
Managed a good swing trade in MO of all stocks today :D
April 1st, 2011 04:02 PM
allen314159 Looks like membar's assumption was violated today...

The order was OHLC, even though C>O
April 1st, 2011 04:26 PM
ISA_Coder
Quote:
Black Swan wrote:


Exact same situation. If I look at it, and if I am making some dough, I like to get out. Aren't there days when you are just thankful that you were antsy? :-)





i generally only day trade with quick scalps so i don't have that problem but if i want to play and i know it's going to be a busy day at the office then i get in and use a sell stop and a sell limit, but then when it's not as busy at the office as i thought, i keep checking on it.
i AM a scalper at heart, it's where i shine :)