I surveyed subscribers asking you to suggest things that you would find of value, and the top two things were:
- 1) more technical analysis not exclusive to Apple including major markets, and
2) trade setups explaining the strategy, entry, exit and money management
There were several other suggestions, mostly those dealt with website performance and layout, which I will be solving very soon with a new more powerful host provider, that will open up a whole new set of opportunities. The vast majority of responders top the survey want to know how to be a more consistent investor or trader; so that’s going to be my main focus from here on.
Many of you that have followed my ramblings for some time probably remember the work I did with automated traders. Well, I’ve been working on incorporating some of my best analytical work into some strategies, and modeling them with an automated trader, and some of the traders work quite well with Apple, trading on 60 minute charts. So essentially these are swing traders.
The auto-trader uses a relatively simple concept built off the change in direction of a linear regression plot. What that means is the strategy looks at a range of Apple prices and calculates the linear regression slope. When this slope changes from positive to negative, or from negative to positive, it’s an indication that the price is heading in a new direction. And so, the trader takes a position on that signal.
Apple Deviant Cross Strategy Trader
The trader goes LONG when the slope crosses from negative to positive, and goes SHORT when the slope crosses from positive to negative. The Auto-trader strategy is built on an algorithm that is the basis for an indicator I created called Deviant Plot. So the name of the auto-trader is the Apple Deviant Cross Trader.
The auto-trader employs sophisticated money management, such as daily and monthly stops and protects, dynamic position sizing based on volatility, and time of day optimizations. All of this will be described in future posts, along with how to create a trade plan and strategy. The goal will be to help you develop a trade strategy of your own, and optionally follow alerts generated by the auto-trader.
So, the auto-trader is only part of the equation. It will generate the signals and serve as a model for a sophisticated trade strategy. I will describe that strategy in detail, with the intent of helping you design your own strategy, either based on linear regressions, or any other indicator you choose. I will help you develop a trade plan along the way.
The other part of the equation, is to write more posts that talk about trading in general. For example, how to prepare for the coming week, with analysis of current market trends, world events, and the weekly economic calendar. I can also compare various analytical techniques, like Elliott Wave, Technical Analysis, Fundamental Analysis, and Pairs Trading; perhaps the differences between ETFs and Futures trading, I can even get into some options strategies. There’s endless topics, I’ll rely on you guys to make suggestions.
And one more thing, there’s always one more thing with an Apple guy.
And that’s Community.
I want to develop a vibrant community where we can all benefit from each others experience. The BEST way to do this is comment on posts. So, when you read a post, if it sparks a reaction, write it in the comment section. This will encourage more comments, and eventually more subscribers.
If you have suggestions, write them in the comments section below. Thank you!