Reorganization of my working and storage space is half way through. I managed to reduce my storage down to half the original size. It turned out I have so much old records (and junk) that can be throw away. Although it is extremely tiring, it feels great that I am one step closer towards my goal of having a better work environment.
I watched an interesting video about Zilingo’s founder, Ankiti Bose. The video disclosed an important element of her success that is often overlook by aspiring entrepreneur – she has a background in management / financial consulting at one of the big venture capital firms. I am not saying that you have to work at these firms to get the opportunity although that is often the case. What I like to point out is that if you do not educate yourself to know more about finance and how to run your own business efficiently, your chance of success will be quite low.
A more mature look at crypto’s big claims on replacing everything human through smart contracts should be a good warning sign that it will still take years before such idea can really take off. Think of the internet itself, which takes many years before it has all the necessary technical details to enable a secure environment for commerce and usage other than porn.
The introduction webinar at futures.io will be held on Nov 12th at 4:30 pm. More details about that will be announced at futures.io. I am still working on the presentation though. There will be a Q&A session after the short presentation. For those of you interested in DaytradingBias yet not sure if you need the service, feel free to join the webinar and ask questions.
Nov 3rd is end of daylight saving time. Many people will be quite happy to get an extra hour of sleep. It used to be a very busy day for me after daylight saving time change because of the need to adjust the computer clocks manually on all the computers I was using. Another chore disappeared thanks to improvement in technology.
Have a great weekend all!
My test drive of Interactive Broker working with MultiCharts is completed. It works pretty well with some minor issues here and there. So far it is definitely a functional setup for automated trading. I will write more about this combination at DaytradingBias.
Nassim Taleb did this interview talking about his book Skin in the Game. I like the way he talked about Paul Krugman and other dysfunctional academics. He really does not give a sh*t and speak whatever he wants.
I have some serious moving to be done this weekend, including some major reorganization of my storage. I need this clean up done for several years. As usual, I procrastinate over these things until one day I just jump on it.
The introduction webinar at futures.io is now scheduled on Nov 12th. Those of you interested in participating can visit the site and sign up.
I finally catch up with my backlog of emails. Going forward I will schedule regular webinars at DaytradingBias so that members can just watch the videos instead of firing tons of questions to me. Sometimes it is just that much easier to explain things with pictures and examples that you can see.
Have a great weekend all!
It is getting cold here in Toronto. Temperature dropping fast. It looks like a very cold winter is ahead of us.
Many project deadlines are clustered this week onward until beginning of November. So far everything working out fine. Quite a number of these projects are related to DaytradingBias. I will have separate announcement on the site when they are ready.
The introductory webinar with futures.io is now rescheduled to November 12. Those who are interested to join can mark the new date down. I will be organizing some kind of special offers to go with the event. I will post more details as we get closer to the webinar.
The hacking of my sites has picked up steam again this week. From what I learned, it happens to many other websites too. My team has no choice but to monitor the situation and deal with the aftermath one attack wave at a time. Here is a real-time map of total number of attacks worldwide handled by the Wordfence network.
For my members who find the sites not loading as quickly as they should, just drop a line to my team by email so that they can look into that as soon as possible.
Came across this article on my LinkedIn feed, Tails, You Win. It illustrates how long tails, or exceptions that happen way too often, really matter and how they persist in the real world. In a way, it is another form of the 80/20 rule many of you already aware of, just that it is much more acute when it comes to any thing that is money related.
I guess writing an article or posting a video on the subject that focus on trading is in order.
Have a great weekend all!
What a productive week! I wrapped up quite a number of projects over the week. Time to have a mini celebration.
First, I finally completed my training course, The Emini S&P Day Trading Course. It is first time ever anyone use this approach to teach people how to day trade. I hope it will set a new standard in the industry and re-define the meaning of trading education.
Second, I get to sit down with my team to figure out what to present in the upcoming introduction webinar this coming Oct 15, 2019 at futures.io, a traders community. I will post more about the webinar when I have more details. For now I just know it is supposed to start at 4:30 pm Eastern Time and I am supposed to do a presentation of what DaytradingBias does.
I came across this youtube video on exercising with just the resistance band. It is what I mean I always travel with that. A picture is worth a thousand words. A video tells the complete story.
Just posted another article yesterday for my series on trading automation. The misunderstanding is so deep, among not just the trading community but also normal folks who get to know about mechanical trading from news of them losing millions (even billions) of dollars, I think I need to voice my stand on this issue.
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!
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.
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!
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.
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!
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!
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!
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!