TLC Weekly Update September 13, 2019

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Another week just fly by so quickly. I don’t even know it is Friday until being reminder to go for an early meeting today. For some mysterious reasons, everything is happening within this month and the next. Maybe it is time to read my horoscope to see what is in store next.

I watched this video about Arnold Schwarzenegger’s Gym & Fridge. Interesting how a body builder adapt to old age and stay fit. His way of eating an egg is definitely inspiring.

I have my team working on various versions of the trading strategies featured at DaytradingBias.com. I understand that many people choose their platforms other than TradeStation. As oppose to what many people think, it is much more complicated to convert these mechanical trading strategies into other platforms. The main issue is not the programming factor. Instead, it is the configuration of the underlying charts in each platform are drastically different from each other. Many platforms simply do not have the flexibility to chart the data series in customized ways.

Once we have something ready, I will upload the code and also write in details how to setup the charts correctly in these other platforms.

On the site security front, I am happy that the improved measures have protected the site from being brought down by the hackers so far but the slow down of the site is still causing inconvenience to my members. The security services I am using now are helping us to find the best solution going forward to deal with this remaining issue. I will report on the progress in a month.

This week Toronto is getting warmer suddenly as if it is summer. It was as high as 28 degree Celsius. I wonder if the predicted early arrival of extreme coldness by October will really happen?!

Time to go.

Happy Mid-Autumn Festival!

TLC Weekly Update September 6, 2019

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Another busy week came to an end. Meetings piled on everyday. I don’t even have time to write until now, Saturday morning. It was an exciting week that produced many great results. I am very happy that several deals are finally completed so that I do not need to worry about them any more.

Another interesting development with DaytradingBias.com was brought to my attention by my team. They told me for some mysterious reasons, the site is gaining huge in Alexa ranking. Alexa ranking is one of the major ranking services on the net that determine the level of traffic a website comparing to all the other ones in the world.

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Since I have not instructed anyone doing any SEO (search engine optimization) or any significant promotion, I have no idea why the site is gaining so much attention. It is nice to see that more people are aware of what I do though.

I read this article on Extreme Experience recently and leads me to reflect on my own experiences in life. Indeed, the ones I can still recall vividly are the ones that produced the most extreme emotions. And they do shape my life much more than those experience that is supposed to be more significant yet has no extreme emotions occurred at the time.

I wonder how I can utilize this knowledge to better shape my life in the future?

I was asked many times this week, as I have to talk to many people who do not know me, about myself career-wise. It is a very long story and just talking about how I started trading already open up a lot more interest of the rest of the story. Maybe I should starting writing a memoir … nah, this can wait.

More catch up this weekend has to get started.

Have a wonderful weekend all!

TLC Weekly Update August 30, 2019

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The attacks on my site DaytradingBias.com last week actually messed up quite a few things but nothing serious. Given the circumstances, I have again upgraded the defense measures hoping that the site can better protect itself should there be another wave of attacks. I am getting very curious why there are so many bots out there trying to hack sites like mine that are relatively unimportant.

I made good progress in completing the trading course for Emini. I like to get it done quickly but my schedule is packed so I can only work on it at night and during weekend. Anyhow, I am committed to complete the first edition by the end of September. Site members will see the support page for the course soon.

Here is a teaser picture.

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I was asked many times to write more about the astrology cycles that I explained in details couple of years ago. The other day someone asked me specifically certain technical questions about I Chi and I drew some diagrams explaining the concepts in a visual way. I will tidy up those drawings and write up an article on that. So it is coming, don’t worry.

Many people are wondering if we are going to get a trade deal soon between US and China. The truth is, even if a deal is made, it will not be something everyone likes for sure. So just more headaches for traders and investors these coming months. During this tough time, remember to clear your head before making any trading decisions. Try start your day with Muse, a pretty good meditation assistant.

Got to go. Have a great Labour Day long weekend all!

TLC Weekly Update August 23, 2019

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Hitting writer’s block over the past few days is kind of frustrating. I understand myself well enough to know that I need to work on something unrelated to these projects so that I can regain my concentration. Hence writing a short article on cold shower feels right. Here it is in case you missed that.

I also translated an old NeoTicker function Range2Period into Tradestation. It is a very useful tool for those interested in building trading strategies.

I passed my daily statements for the reference trading account to my team last week but when I check for the updated monthly performance on the site it is not there. It took me some tedious time to capture those statements from the brokerage website so I was not happy to not seeing the update a few days after. It turned out, my team uploaded the picture file but the backend of the site decided not to serve the updated picture …

And it is now fixed. For those interested in seeing the live performance for June and July you can see it finally. I will also try to write about it in next instalment of my trading automation series.

Lately I have been asked many times on how to immigrate to Canada by people from Hong Kong and other Asian countries. I do have connections that can help people out in this area. So if you are thinking about moving to Canada, drop me an email and I will refer you to the right people.

I replaced my broken Toshiba flat screen TV with one having built-in Fire TV. I never thought that it is now so much more convenient to browse the net on TV. Although I mainly use this as my big quote screen, it is nice to be able to watch something else like Prime Video or Netflix when having my lunch at home.

Have a great weekend everyone!

TLC Weekly Update August 16, 2019

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I have been busy catching up with projects while attending multiple long business meetings over the week. The week is not quite as productive as I hope for. Things should improve though by next week.

Talking about productivity drop, my four year old flat screen TV just died the other day leaving me without my real-time quotes when I am not inside my office. It is expected but four years is kind of short though. In case you do not know about this, modern electronic devices are not built to last …

I am very glad that my special recommendation worked out (so far) for my DaytradingBias premium members. It feels great to help my members making some money in this tough trading environment. The trade is still in progress. We will see how things go in coming few weeks.

I added a new reading list for aspiring traders who want to pursuit trading as a career. This time the list is not compiled by me. Instead, it is a collection of recommended books on trading by the famous traders of our time.

I am working on another webinar right now. If all goes well, I will schedule that either in late August or early September.

Time to go. Have a wonderful weekend everyone!

TLC Weekly Update August 9, 2019

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All week I was troubled by bad internet connection. Slowed down progress with various projects. Just unbelievable how dependent I am these days on the need to be connected to the net all the time …

My team told me that the Gann Square Excel add-in I have created years ago, is the number one gann tool on the net based on the number of downloads. It is a pleasant surprise for me. Never thought that people like it so much. Just wondering what will happen if I charge a dollar each.

I received quite a number of requests to buy the mechanical trading strategies they see in DaytradingBias instead of subscribing to the premium service which gives full access to all the strategies. I understand what they are thinking of and I can package up the strategies as individual items in the store. The truth of the matter is, the cost of these strategies would add up to way more than the subscription fees. Anyway, I am getting my team to package up some of the items and offer them in the store.

I finally realize that I was sick after I came back to Canada last week. The symptoms were so mild that I thought I was get exhausted from the trip and all. Only until I woke up Thursday in the morning feeling all better that I figure this out.

Someone sent me this Quora answer by James Altucher on Warren Buffett. It is a good read and correct assessment of “The Oracle”. As I told many people asking me about Warren Buffett, he is not a good investor and he is definitely not a good fund manager. Now I can refer everyone to this full length article so that I don’t have to waste time explaining why.

Have a great weekend all!

TLC Weekly Update August 2, 2019

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I was so exhausted after traveling from Hong Kong back to Toronto that I slept on and off for more than a day before I can get back to my normal schedule excluding exercise. And now that it is Friday, it is my first day of resuming my daily exercise routine. My performance was bad.

What two weeks of non-stop meetings, walking in extreme heat, dining out and significant amount of alcohol can do to me?

Well, upper body strength dropped but I know I will gain it back quickly. Other than that, I do not really feel that bad. It is still too early to tell how long it will take to recover fully.

I guess the worst part of the trip was little to no option to stay away from complex carbohydrates. Every meal I was introduced to try out, with much eager by the inviting parties, has carb as the main ingredient. Exotic ramen, very fancy noodle dishes, you name it, I tried it. The end result is six pounds of fat added to my belly.

I am graceful for the chance to try out all these foods. I enjoyed every moment of having them. Doing this occasionally makes life fun. However, getting back in shape will probably be my priority over the coming few weeks.

Talking about priority, I now have time to get back on track to compile my list of books to read on basic chart reading skills. As I explained before, it is getting more difficult to do so because many of the books I like to include into the list are no longer in print. I am working on adding the alternatives in case you cannot find the ones I recommend.

In the meantime, you can read the series here.

I will get back on track to complete the trading manuals on Emini that I promised my members. It is not an easy task because writing is often a “flow” process that you need your brain to have the big picture in your mind in order to produce content that is coherent with the rest of the book. So I need to read and re-read my manuscripts to pick up from where I left off three weeks ago.

So, catch up time for me and wish you all a great weekend!

TLC Weekly Update Jun 28, 2019

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In the blink of an eye, it is already Friday. I have so many things to get done I lost track of time. It is nice to sit down and take a short break here to review what happened this week.

The progress on completing the technical part of the Emini day trading course is taking much more time than I anticipated not because of the materials are not there. Seriously, I have all these day trading strategies written eons ago. Translating them into TradeStation is not difficult at all. But, in order to explain certain things, I have to use the TradeStation optimizer and taking screenshots of the results. And that is a huge pain in the neck as TradeStation is very slow with its optimization process.

I am so used to optimization at 10 times the speed, I thought I can get these things done in an hour and next thing I know the estimated time to completion is extended another few hours. Since I cannot get people to switch to NeoTicker and its Grid Optimizer, I guess I have to live with this until it is done.

For the giant book list on DIY day trading mastery, the second instalment is now ready. Finally, some books directly related to trading are included. The next set of books will probably takes some time to prepare due to an unforeseen circumstances. Namely, as I flip through the books, I find many of the good ones are no longer in print. I am still trying to figure out a way to include them because I am sure you can find some of these books in the libraries or other book places.

I moved up my travel schedule to Asia from August to July. It is primary for family matters. Hopefully the internet will be good enough there for remote access to my work.

And thanks to all of you sending me your suggestions on what to do next with webinars. I am organizing the materials to see which one will get the go ahead first. I will keep you all posted about the progress.

To my fellow Canadians, have a nice long weekend!

TLC Weekly Update Jun 21, 2019

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Happy day.

I get my edited draft of The Emini S&P Day Trading Course back. Read it through twice. Fixed up some minor issues. I have this part of the editing completed. So what’s left is to polish the code of the day trading strategies featured in the course and have them ready for download. Of course I need to take screenshots, write and rewrite parts that I am not satisfied with, but I know I am dashing through the finish line. It always feel good to see the completion of a project.

For the big list of books on trading, I finally give in to reality and split it into multiple parts. First part is just posted.

I told my premium members to look into buying gold producer ETFs at the end of 3rd quarter last year. Looks like the comeback play worked out with more upside likely. As I explained to my readers, in order to win big on the long term moves in gold, you need to leverage on the gold producers. These gold producer ETFs holding the major gold companies are the perfect vehicles with lower risk comparing to holding gold or gold ETFs directly and better reward too.

Now that Facebook is going to release its own crypto currency, the validity of the block chain technology as an alternative to money printed by the governments is now turning into reality. We need to pay close attention to the development of crypto markets from now on … As a minimum, at least take the time to understand some basics about them. Here is a good intro video about blockchain published by Wired.

Have a great weekend everyone!

TLC Weekend Update Jun 14, 2019

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Now that the Raptors got its first ever NBA title, Torontonians will now have to live with a totally jam packed downtown this coming Monday. I wonder how many Raptors fans will take the day off then. Congrats to the team and its loyal fans!

My Emini S&P day trading course first draft is now in the hands of my editor. While he is working on the draft, I just got the graphic design back. Here is a sneak peek.

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In the meantime, I am working on new ideas for more webinars. In fact, both this new course and the Trading Success Blueprint will include webinars so that they can be much more effective in helping traders to do better more effectively and efficiently.

For the next instalment of Smarter Way to Master Day Trading Emini S&P, I am trying to come up with a list of books that I know will help with trading. It turned out to be a huge list of books that I have to keep adding more. For those of you who want to DIY instead of taking the shortcut with my courses to master day trading, this will be the book list you have been waiting for.

One of the questions I am asked most is “which moving average do you use?” or something along the same line like “What period is your SMA?”

Well, I do not use moving averages in my trading. I do not use oscillators of any kind. I mention the moving averages in my real-time commentaries often because there are many traders using them. That in turn creates patterns in the price movements. Awareness of them and their effects is one of the ways to help yourself in putting the current market condition with the proper context.

Have a great weekend everyone!