mshivalu 11 posts msg #136635 - Ignore mshivalu |
7/5/2017 5:50:00 PM
Hello,
I'm in a situation where I need to switch from day trading to end-of-day trading (EODT)
Does anyone have any links I can use as a reference?
I tried searching on sites, but haven't found anything step-by-step.or some type of process flow. Instead, they'll only say how great EODT is and give reasons why I should do it.
Thanks for your time.
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four 5,087 posts msg #136639 - Ignore four modified |
7/6/2017 1:07:37 AM
I would ask what is the edge in day trading over the last 2+ years.
Then determine if the edge is working in an EOD situation.
Maybe you can keep with what worked in the past and modify for your "need".
--
By the way ... here is the link to the StockFetcher Guide for working with the indicators:
http://www3.stockfetcher.com/download/sfuserguide2_0.pdf
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mshivalu 11 posts msg #136654 - Ignore mshivalu |
7/6/2017 8:15:44 PM
Four,
As usual, your insight is inspiring. And, I'll check out the link you posted.
I'm going to start paper trading my day trading setup on the daily calendar.
Thanks.
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Kevin_in_GA 4,599 posts msg #136655 - Ignore Kevin_in_GA |
7/6/2017 8:44:10 PM
Truth is your day trading setup is unlikely to work as well on EOD data. Why not use it as a starting point and optimize for the differences in data sets? My suggestion is to look at Stratasearch, as it can quickly develop and optimize new trading systems, and has excellent backtesting and walk-forward capabilities.
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mshivalu 11 posts msg #136678 - Ignore mshivalu |
7/8/2017 11:52:02 AM
Kevin_in_GA,
Hopefully, paper trading will help me detect where I need to optimize.
Thanks for giving me something to consider.
I see Stratasearch has a free trial, so I'm going to check it out.
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