Category Archives: General Info

Algorithm Performance for 2017

It was a pretty good year for the stock market overall.
I traded two accounts with different position sizes last year and added three new algorithms in December.
Here are a few stats. Continue reading

Posted in General Info, Risk Management, Trade Analysis | Leave a comment

Automated Trading

I have been working on automating a few trading strategies that make up a comprehensive long / short trading plan. I programmed and back-tested using TradeStation with Easylanguage with focus on the ES e-mini contracts. It is a day trading … Continue reading

Posted in General Info | Leave a comment

DryShips holding the line

So far so good. DRYS is holding above $3.30 and appears to have the strength to continue moving higher. It found sellers above $3.55, but it looks like it could continue to move towards $4.00 in the next few days. … Continue reading

Posted in General Info | Leave a comment

Dryships snaps back

Dryships (DRYS) had a couple of very strong prints in the past few days that bring price above $3.40. I am keeping an eye on this level in particular as if it is able to hold, and if On Balance … Continue reading

Posted in General Info | Leave a comment

Baidu Fails Again

I was stopped out of my position on Baidu (BIDU) as it first failed to hold above $180 and subsequently broke down below $167 invalidating the inverse head and shoulders pattern. It is set to open a bit higher today, … Continue reading

Posted in General Info | Leave a comment

Baidu Stuck in Range

Seems like Baidu (BIDU) needs to gather more strength before moving higher. It is set to open just above $180 today, but it remains to be seen if it is able to hold that level. For now $176 is acting … Continue reading

Posted in General Info | Leave a comment

Bank of America Continues Higher

Bank of America (BAC) broke out from a triangle pattern last Tuesday with a very strong follow through Wednesday. It pulled back a bit Friday but held above $17.20 that was prior resistance in January. I expect some consolidation to … Continue reading

Posted in General Info | Leave a comment

DryShips Continues, Bank of America Breaks Out

I added to my DryShips (DRYS) position as new support is defined around $3.90. Next level where it might find sellers is $4.50. It is trading above $4.30 pre-market setting up for a gap open. Bank of America rallied strong … Continue reading

Posted in General Info | Leave a comment

Baidu back in the range

My order to buy a few shares of BIDU finally got filled below the bottom of the range it has been trading since mid February. It needs to trade and stay above $175 before it can move to new highs. … Continue reading

Posted in General Info | Leave a comment

DBA rises, ANFI drops

The agriculture ETF continues to defy gravity and it is fast approaching my initial target of $28. The last down day was back in Feb. 6th. In the mean time, Amira Nature Foods (ANFI) fell hard the last couple of … Continue reading

Posted in General Info | Leave a comment