Navi

@Pie I am signed up for Matt's algo class in January. Wanted to ask you two questions: 1. Did you have a programming background at all before you started working with Matt? 2. How many years have you been trading? Thanks Brian...btw cheers to all your success!

Pie
1
Pie Dec 03, 17 9:28 AM

Yes, I knew how to code on different languages. But you don’t need to be a code savy to build your algos. You will be able to copy and paste pre-build functions and strategies on Tradestation, so you will see many examples and it won’t be hard. Many algos are just a few lines of code, is not like creating a software. I started trading exactly 2 years ago, and using algos since January. But if I had the correct guidance from the beginning I could have saved a year or so. Thanks and good luck with

Navi
1
Navi Dec 03, 17 2:42 PM

Thanks for the quick response. Continued success on your journey. Cheers

Abillsable
Abillsable Jan 11, 18 4:33 AM

Please where can I get information on the 6000 Tick trading setup

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TGabriel

@Pie Hello Mr. Pietro. I am very interested in your journey? Could I ask what was your initial capital ? is something like this possible with a small account? thank you in advance for your time

Pie
1
Pie Oct 24, 17 7:56 PM

Hello! I started with 15k. But what I did is possible with any size if you are trading forex. If you are trading futures you would need at least 10k. If you are starting, the best advice is to remind you that now you are the worst trader you will ever be, then try to risk the less possible... Or maybe just paper trade.

TGabriel
TGabriel Nov 01, 17 5:46 PM

how did you find the edge you are talking about?

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leomelvir

@Pie Hello Pietro. What plan from triforcre trader do you recommend me to track strategies. Im very interested in his teachings buy mainly on a market like forex or Penny stock. Because of small cap for me haha. Thanks for your last post.

Pie
Pie Oct 21, 17 10:10 AM

Oh sorry didn't see this before. Tri trades the futures market. You can do the same trades in forex market, the pros of doing that is that you can choose whatever size you want (as in futures you can't buy less than 1 contract). The cons are that forex is way more expensive in fees, also most forex brokers are shady. If you wanna get his live algo signals you need Triforce platinum. The seasonal signals are for every plan. If you wanna lear how to make your own strategies he also teaches that in

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Doncematic
Doncematic Aug 16, 16 8:44 AM

@Pietrogaro Lol dude calm down please and read that I've tried to tell you that I'm not talking about investing. I'm talking about trading. You are talking about investing in bull markets, which is positive sum yes, I never denied that, and that's what investopedia is stating as well. The point I have been trying to make here and which you don't seem to get is that trading (NOT investing) is zero sum, especially considering the fact that everything will eventually come to an end

Doncematic
Doncematic Aug 16, 16 8:47 AM

and the point of this blog post, I need other people to lose in order for me to win, which is basic market principles in active trading. Let's keep this a healthy discussion, I respect your input and opinons, but please try to read what I'm specifcally stating before I make assumptions

Rollingball
Rollingball Aug 18, 16 10:07 PM

@Doncematic What happens when a company like $TSLA stock goes from 200.00 to 500.00 and is still climbing? What if everyone gains money because they all had long positions but some gained more than others?

Doncematic
Doncematic Aug 22, 16 4:38 AM

@Rollingball Sorry for the late reply, but here goes ;) You assume that it's a bull market, in which the stock trading game can indeed be a positive sum game, but if you think about the stock collapsing 2 years later in a bear market, then those people would lose it again. In my blogpost, I'm talking about actively day trading, not investing.

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Doncematic
Doncematic Aug 12, 16 8:00 AM

You can add unlimited participants to this game, and in the end, it will turn out to be a zero-sum game. And then I mean in the absolute very end, so if you include to entire solar system in this model. That will be a zero sum game, simply because of the fact that energy in = energy out. You can not create energy, you just transform the form of energy into a usuable form. In my opinion, 'value' is the same. you can not create 'value'. You just transform the value from one form to the other (stoc

Doncematic
Doncematic Aug 12, 16 8:00 AM

(stock/currency/commodities/patent/product/energy etc. etc.)

Pie
Pie Aug 12, 16 8:06 AM

Gambling is a zero sum game. "A common misconception held by some is that the stock market is a zero-sum game. It isn’t, since investors may bid share prices up or down depending on numerous factors such as the economic outlook, profit forecasts and valuations, without a single share changing hands. Ultimately, the stock market is inextricably linked to the real economy, and both are powerful tools of wealth creation rather than zero-sum games"

Pie
Pie Aug 12, 16 8:06 AM

You can have opinions, but on this case is not corresponding to the real facts. "The value of a stock can go up or down depending on the economy and a host of other factors, but ultimately, ownership of that stock will eventually result in a profit or a loss that is not based on chance or the guarantee of someone else’s loss. In contrast, gambling means that somebody wins the money of another who loses it."

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TheKumar
1
TheKumar Jul 11, 16 6:36 PM

I find that Whole Numbers generally act as Resistance or Support depending on which side you trade

Pandabear
Pandabear Jul 11, 16 7:43 PM

@petwyt1218 I know it's easy to see in hindsight but if you draw the trend lines you can see the dip buy easily. It dips then it breaks the channel or flag. And it if it's right at support it's a even safer bet.

Pandabear
Pandabear Jul 11, 16 7:46 PM

@rugby Agreed. Best time to buy was in the morning or late afternoon when the patterns are clearer and there's dip buying opps. It's a kind've of guessing game midday as anything can happen.

Pandabear
Pandabear Jul 11, 16 7:48 PM

If you look at the chart, 10:30am, 11:30am and 3pm was the best time to buy. If you're working not around in the morning or late afternoon it's best to sit in cash.

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Pie

[TimAlerts] $CHK earnings winner, failed to hold his gap up, but 5.95 seems to be a good support

Pie

[TimAlerts] Oil got smacked with inventories but now recovered all his losses, for $LGCY an other energy stocks

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