Closed a few more paper trades

I just closed 4 more paper trades and I re-evaluated my current results. My PnL has just turned green which made me happy. My winning probabiliy is at 44% by my W/L ratio is at 1.23. Using the Kelly Criterion I get K% = 1.21 meaning I should not currently commit...

Currently tracking and Upcoming vacation

I unwound a bunch of positions I was paper trading and kept the bare minimum in my watch list. For now, I am tracking the symbols from the table below. Most of these where picked up on the triple-screen setup I mentioned earlier. Symbol Last Trade Change Volume KOSP...

Progress Report

Using the previously described setup, I have been making numerus paper trades to try and analyze the results. I am definitely not ready for active trading yet. My probability of for a win [p(W)] was only 0.42. I calculated my Win/Loss ratio value which was...

New Triple-Screen setup

Testing new triple-screen setup using pcf’s in TeleChart. The first filter, look for a positive long term trend using weekly data. The filter looks for a positive slope on the weekly MACD Histogram using:   (XAVGC26 – XAVGC12) – (XAVGC26.4 –...

ZICA and BLJ

Let me start with a disclaimer: Anything read here should be considered very “amateurish” as I am as green as can be when it comes to technical analysis. This blog is more a tool for me than for anyone else at this point. I am not trying to teach anything,...