So Many Things Finally Done, So Many More Things to Get Done

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Last few months has been the most productive ones over the past two years. So many projects that have been stuck were finally completed. What a relief!

For one, my book The Art of Chart Reading is now finally published at Amazon. Thanks to everyone who support the book this week, I am proud to announce that, as of this Friday, it is the Top #1 book at Amazon in Investing and Investing Basic categories and also being one of Top 20 Nonfiction books. It is a great start for the book.

The paperback version of the book is still being worked on. If all goes well, the paperback edition will be available by end of this month.

And the site The Art of Chart Reading Online is also in development. It will take a lot more to make it good for the purpose I envisioned.

On DaytradingBias.com side, the move to the new direction has finally started. It was planned at least a year ago but almost everything that could go wrong, did. Although the process has started, it is not even half way through.

It is great that the Trading Success Blueprint is finally completed. It is the grand summary of my knowledge and experience in mentoring traders over the past 20 years. From now on, I have a reference that I can point aspiring traders to if they want to build a trading career the right way.

Yet, the trading signals and trading tools that I have planned to release have been delayed for so long. I could not just roll them out without proper testing. Due to the frequencies of these trading strategies, they do not happen everyday. I need to make sure they are working correctly. It is not only necessary. It is a responsibility as well since people will put money on the line based on these tools. Thus, I have to be patient and get them ready one by one.

On money management side, the process of fully automating the trading has started too. However, it was the most eventful two months we have seen in a long time. Be that North Korea related matters, or all these explosive news about Trump, they swing the markets hard. All these happening while I am manually testing these strategies. It is a huge challenge for someone like me because I created these trading models.

The golden rule of mechanical trading is to follow the rules exactly. But being the creator of the models made me want to override them. After the fact, my interventions worked 9 out of 10 times. But the 10th time is a disaster. In short, if I had followed the rules completely, the performance will be about the same as what I have now. Being 20% better with all the crazy maneuvers is not worth it.

Again, a lot more to do to complete the transition.

oh well, challenges make life interesting.

Surprisingly Smooth Transition into Windows 10

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I spent the past two weeks setting up a new laptop due to the unfortunate event that my original laptop being crushed in the plane while I was traveling back to Canada. Since I do not need my laptop during this period of time, I can use my desktop computer while setting up the new laptop slowly. The experience with the transition from a Windows 8 laptop into Windows 10 is, surprisingly, good.

The Incident

I use a backpack when I travel and my laptop is stored in the part for which thick protection foam is there all around it. I thought it is safe from physical harm. I could not be more wrong this time though. First my backpack was moved away from the overhead compartment where I put it due to someone else having a huge luggage forced the flight attendants to move luggage around to accommodate that. My backpack was moved somewhere else before i can even try to grab it back.

By the time the flight was over, I tried to locate my backpack. It was squeezed down under two hard surface carry on trolleys. I thought it should be alright because nothing bad really happened to my laptop ever through all these flights over the years. I could not be more wrong.

When I arrived home, I found a corner of my laptop was totally crushed. Amazingly, the laptop is still functional and boot up fine. The catch is that two of the ports I needed most are no longer usable.

A hard lesson learned – never store your laptop in a soft shell container.

Finding a Replacement

I am never comfortable with new versions of Windows. I wrote about that many times over the years. Microsoft is infamous in destroying compatible with everything from hardware to software with new versions of Windows. My experience was so bad I never buy a new computer with new versions of Windows. This time, however, I have no choice.

Microsoft has determined that they cannot continue to support their older versions of Windows. Windows XP and the major disgrace Vista are now discontinued from normal support. Windows 7 is still supported but probably not for long. Hence, it is very diffficult to buy any new laptop with older versions of Windows.

First, I would not want to buy a laptop with Windows 8 ever again. That leaves me with only Windows 10 to choose from. I thought, what the heck, Windows 10 is around for sometime already. Everything should be working fine now. Is it?

The Transition

It is not that easy for a road warrior to switch to a new laptop. This is especially true for professional traders. We have so many applications to install onto a computer, it takes a lot of time to get it done. This time around, it took me like a week to have all the necessary configuration done on Windows and the essential applications installed. The more auxiliary applications can wait.

Core applications like Microsoft Office has to be installed. I am very glad that my Office Enterprise 2010 still works on Windows 10. There was a point in time that Microsoft tried to force everyone to use the stupid Office 365. As a paid customer, I seriously cannot accept their proposition that I have to pay up again, as a subscription, that has no added value to my need. As far as I recall, I have been a paying customer of the Microsoft Office software since I was studying in university. Microsoft has to give me a very good reason to pay for another upgrade.

Many other applications are not working well on Windows 10 due to the Smart Scaling issue. That includes quite a number of trading applications. Smart scaling is the changing of pixel density dynamically so that the display device can show you things that you can really read. Given the laptop I get has 4K resolution, if the application is displaying its content using the pixel based method, it will be so small that I cannot see what is displayed at all.

Luckily, Windows 10, after several updates, has find a way to resolve this issue by offering multiple compatibility display options. I got two trading platforms working but one is still in trouble. I will not name names here. I think it is better I report the issues to the developers and see if they manage to come up with anything like a workaround or a quick new release to address the issue.

My Impression

I like Windows 10 a lot on this new laptop. Well, part of the reason is that the new laptop is very impressive on hardware basis alone. On the other hand, Windows 10 gives me a much more comfortable feel in terms of control and flexibility. Windows 10 is delivering what Windows 8 intended to do but failed to do so – a new paradigm without sacrificing the core power of Windows over platforms like Macs. Windows has always been a workhorse type of platform and it is the favorite platform for businesses and large enterprises. Windows 8 deviated from that (so did Vista) and it has been part of Microsoft’s painful memory since.

The truth is that I have to make a lot of adjustments to my usage routines from the last laptop but I am happy to make the transition this time. Unlike last time when I was forced to switch to Windows 8 and took the plunge to change all its settings to mimic Windows 7, I am happily learning to work within the new Windows 10 workflow. Part of this obviously thanks to all the software companies making the transition easier by having Windows 10 compatibility taken into account. The other part is that Microsoft learned from its users what has to be done to make Windows 10 functional.

Email Server Down

Those of you trying to reach me through email have to wait until my team finish repairing the email server.

Looks like hardware problem so until the faulty hardware is replaced I am stuck on web access to my email which can be a pain in the neck to actually find the real emails to response to.

My guess is that it can take another day or two.