Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

investingphil

New Trader/Web Developer

Recommended Posts

Hi all,

 

Well I decided I would finally introduce myself. I just started actively trading about a month or so ago. I'm loving it. Even though I've already had some hard lessons, I have also had some good ones too. :-)

 

I am still trying to settle on a broker. I am only starting with about $5k and right now I have it split between Tradestation and fidelity. I love the Tradestation platform, especially the direct access trading, but disappointed you have to trade OTC by phone. As a web developer, the thought of programming my own strategies is also exciting as well.

 

I will tell you that I am shocked at the number of websites out there trying to sell traders SOMETHING. There are alot of sites selling the same stuff. As a former .com entrepreneur inntgeblate 90's, I'm hoping to start my own site at some point, but I still need to learn the industry first. I AM looking for any ideas anyone has for some service that isn't currently offered. I can make a website do just about anything and I would only pursue something like that if I thought it would really help traders like myself.

 

Well, thanks for the 'space' to introduce myself. Ill probably be lurking for awhile before I start posting. I don't want to look stupid!

 

Dave

 

 

Sent from my Xoom using Tapatalk

Share this post


Link to post
Share on other sites
Hi all,

Well, thanks for the 'space' to introduce myself. Ill probably be lurking for awhile before I start posting. I don't want to look stupid!

 

Nice to meet you Dave and thanks for lurking! Don't ever be afraid to ask a question or two to the membership, no question is too stupid - we were all beginner traders like yourself at one point.

 

As far as the web tool question, I would say a chart pattern recognition that then aggregate articles\content\etc related to the chart. But that's easy to wish for but extremely difficult to build.

 

Glad to have you on board and best of luck with your tool (whatever it may turn out to be!)

 

On another note, how do you find Tapatalk?

 

MMS

Share this post


Link to post
Share on other sites

Welcome -

i second mms - there are not many great scanning systems out there.

they do exist - but often in the format that is either too limiting in what you can scan for, or too expansive in terms of you cant manage enough instruments and the scans are too generalised eg; highest volume.

The issue is largely in stocks as potentially there are 10,000 of them around the world.

eg; i might wish to test a certain pattern (not the regular stuff), but only on my own large list of stocks.

Once this scan goes off, i can then quickly (and not spend hours data managing every day) nail down to a smaller sector of stocks.

my two cents

Share this post


Link to post
Share on other sites
Nice to meet you Dave and thanks for lurking! Don't ever be afraid to ask a question or two to the membership, no question is too stupid - we were all beginner traders like yourself at one point.

 

As far as the web tool question, I would say a chart pattern recognition that then aggregate articles\content\etc related to the chart. But that's easy to wish for but extremely difficult to build.

 

Glad to have you on board and best of luck with your tool (whatever it may turn out to be!)

 

On another note, how do you find Tapatalk?

 

MMS

 

Thanks! Tapatalk is in the android market.

 

So for the idea, you're saying, a user should be able to specify an certain chart pattern and the system would run that sca n automticaly for you at a time you specify and then alert you when it is ready and present the chart with any relate news items, blog content,RSS feeds, that mention the company. Does that sound about right?

 

Sent from my Xoom using Tapatalk

Share this post


Link to post
Share on other sites

Sorry I meant do you like TL on Tapatalk? I've never tried it and we are looking at implementing the new vBulletin Mobile.

 

Back to the charts, yes imagine this scenario:

- I want to look for the X pattern on a set of stocks

- when the pattern is found on stock A

- the shows all related content about A (so I can start my research and analysis)

- it shows other historical times stock A had this pattern (so I can study what happened)

- it also shows other similiar stocks that had this pattern in the past (so I can study what happened)

 

I suppose this doesn't have to be just stocks, any tradeable instrument (futures, forex pairs, etc) would work.

 

Is this available with Metatrader? Any MT experts out there?

 

MMS

Share this post


Link to post
Share on other sites
Sorry I meant do you like TL on Tapatalk? I've never tried it and we are looking at implementing the new vBulletin Mobile.

 

Back to the charts, yes imagine this scenario:

- I want to look for the X pattern on a set of stocks

- when the pattern is found on stock A

- the shows all related content about A (so I can start my research and analysis)

- it shows other historical times stock A had this pattern (so I can study what happened)

- it also shows other similiar stocks that had this pattern in the past (so I can study what happened)

 

I suppose this doesn't have to be just stocks, any tradeable instrument (futures, forex pairs, etc) would work.

 

Is this available with Metatrader? Any MT experts out there?

 

MMS

 

Yes, I'm loving tapatalk...way better than the laggy browser. :-)

 

OK, let me try your idea. Can you give me a specific pattern to start with...something not too complex.

 

Sent from my Xoom using Tapatalk

Share this post


Link to post
Share on other sites
Yes, I'm loving tapatalk...way better than the laggy browser. :-)

 

OK, let me try your idea. Can you give me a specific pattern to start with...something not too complex.

 

Sent from my Xoom using Tapatalk

 

Glad you like tapatalk ... hopefully we will get to implementing the vBulletin mobile app after they fix all the first release bugs! For the pattern, how about something as simple as "X stock crossed the 20 day MA from below"

 

MMS

Share this post


Link to post
Share on other sites
As a former .com entrepreneur inntgeblate 90's, I'm hoping to start my own site at some point, but I still need to learn the industry first. I AM looking for any ideas anyone has for some service that isn't currently offered. I can make a website do just about anything and I would only pursue something like that if I thought it would really help traders like myself.

 

What's the point in helping people? Are you going to profit from it? Are you doing it for the satisfaction of helping others? Why do you want to help others? To make the world a better place? Do you think that the people you help will appreciate your help? Do you think that the people you help will "give back", and then help other people?

 

I think it's natural to want to be helpful, and share what we learn. But I also think that most well intentioned plans die very quickly. It doesn't take long to realize how much work is involved, and that very few people share your same ideas, and that you aren't going to get much cooperation or help, and that it's difficult to find a good working relationship with someone.

 

The reality is, that in order to make any endeavor successful, you must be providing something of value that people want, and there needs to be a well thought out compensation system for everyone involved in the business. The key is motivating the people who are providing the goods and/or services, and giving the customer good value.

 

I would use a web site as a means of filtering people who I would want to hire, or partner with, or to attract investors. And I would be very "Up Front" about that. I would provide something of interest and value to anyone who wanted to use the site, but I would make it clear what the reason for the site is. I think people value and appreciate honesty. Long term business and customer relations are built on trust.

Share this post


Link to post
Share on other sites
. . . .

i second mms - there are not many great scanning systems out there. . . . . .

The issue is largely in stocks as potentially there are 10,000 of them around the world. . . .

 

Let's say you want to scan for something that needed a months worth of data. Where would the data come from to get a months worth of data for 10,000 stocks from different exchanges all over the world? I don't know. Maybe it's easier than I think, but I'm wondering how difficult or costly that would be?

 

A scan of historical data is basically a query in a database. If a user interface could be developed that could translate simple conditions at different levels into a multi-tiered query, that would probably be unique. For example, have two sections for user input, and allow the user to link a subquery to the main query. I've seen a scan that allows the user to define the main set of data, and then have the filters work on only that main data set, but the main data set is very generic, like "All NYSE" stocks.

 

Another problem with scans is that a lot of users trying to filter massive amounts of data requires a lot of computing power on the server side. Maybe I'm wrong, but that's what I'm guessing.

 

I would think that a scan of price data is very different than looking up something like a customers address in a database. There could be hundreds or thousands of price bars depending upon the aggregation period. If a business is looking up a customers payment history in a database, the computer finds a match for a phone number, or an account number, then retrieves the data. With a scan of price data, you could be applying a moving average that first needs to make many, many calculations. I would think it's a different level of computing power. But I don't know.

Share this post


Link to post
Share on other sites

as i am not a developer, I dont know exactly how these would work, but I would imagine that first yes you have to have the data. It is available...Esignal is a data provider that comes to mind.

then you would need to be able to first filter out the instruments into sub sectors first....then ideally you would run the scan over less instruments.... Bloomberg has a sorting process like this.

Or alternatively you might have to run a long and slow scan initially to be able to work out your subsectors then build from there.

You could theoretically do this in excel - but doing it over many many instruments is not what excel is built for.

Share this post


Link to post
Share on other sites

I'm wondering if it might be better if the user had all the data right on their computer. Then the website filtered the data, but it accessed the data from the users computer. That could be problematic I guess. The user would need to be constantly downloading data, and have enough room to store it. It would be interesting to test how that worked though. That would avoid the problem of having the server on the website do all the filtering work. I don't know if it would be easier to provide downloading of data or filtering of data. I have no idea.

 

I'm thinking there would need to be a free and a premium service. The people who make money trading would gladly pay a fee that improved their profitability.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.