There are thousands of trading websites and tools out there. This list contains some of my favourites. I’ve left out a few of the really popular ones since everyone knows about them already. Hopefully you’ll find a few new websites to add to your bookmarks. Finviz Most people know about Finviz already but I had […]
If you want to backtest trading strategies it’s important to have good quality data. I use Norgate Data for my end of day price quotes and am very happy with the quality and service. However, there are times when I want to scrape stock data from the web. For example, if I want to extract […]
Traders are all different. But to be successful some things are unavoidable. This list of trader essentials can serve as a rite of passage for every aspiring trader.
I have been using the free version of Finviz on a daily basis for several years. Just recently I decided to subscribe to Finviz Elite to take advantage of the live market data, more powerful screener and backtesting features. So far I have been more than happy with that decision. At $25 per month, I think the […]
I came about Motif Investing in a roundabout way. I was actually reading an article about a strategy that buys 30 different stocks each month. One of the comments on the article was that transaction costs could eat into the system performance, unless you use a broker that is able to bunch the orders together into one […]
Today, I’m going to look at the Dough options trading platform which comes from the team behind the popular financial network Tastytrade.
If I could, I might spend all my time researching trading strategies and testing out system ideas. But of course, there are only so many hours in a day. That’s why I was excited to come across Quantpedia: the encyclopedia of trading strategies, a service ‘that turns academic research into financial profit’. Quantpedia Review: What […]
Monte Carlo analysis involves the use of algorithms to generate random repeated sampling of results. Typically, Monte Carlo is used to run a large number of simulations in order to find the likely probability distribution of an unknown event.
In this article I look at the differences between paid, good quality stock market data and free end-of-day stock data. When designing and building trading systems it is crucial to have reliable and clean end of day stock data. I use Amibroker to chart and back-test trading systems but no matter what platform you use, common sense […]
Sometimes when creating content for this blog, I like to look at the Google Keyword Tool to get an idea of what people are searching for. It seems that every month a fair amount of people search for the phrase ‘how to trade stocks online free’ or some other variant. In my view, this is […]
Ever since the release of Flash Boys by Michael Lewis, the interest in algorithmic trading has gone up another notch. But there is good reason for this because algorithms really are taking over the world and taking over Wall Street in particular. Src: Perpetual Tourist Most people talk of algorithmic trading and automatically think of HFT […]
There are over 8000 stocks listed in the US and nearly 4000 on the NYSE alone. With so many to choose from, it’s essential to have a method to whittle them down into smaller numbers. Here are my 4 best stock screeners, all of which are freely available on the web: Best stock screeners: 1 […]
Predicting the direction of forex markets, particularly on a short term basis, is no easy task. For longer durations, however, it is a good idea to see a list of economic indicators as these show the fundamental reasons why currencies move. Technical indicators work too, but they are best combined with the fundamentals. Below is […]
The COT report or commitment of traders report is provided by the Commodity Futures Trading Commission (CFTC) and is an excellent tool for forex and commodity traders to analyse what other participants are doing in the market. The COT report is published using data from Chicago and New York futures exchanges every Friday at 14.30 EST […]