Quantified Strategies- Part 3

How I Made Money Day Trading (tips, tricks and hacks)

Posted on June 9, 2014November 28, 2020 by Oddmund Groette

Articles about day trading get about twice as many hits as other articles on this website. What’s so appealing with day trading? Is it that most people think it’s easy

The Correct Mindset For Successful Trading

Posted on May 12, 2014December 1, 2020 by Oddmund Groette

Most traders focus on developing strategies in order to make money. So do we at Quantified Strategies, there is no other way around. However, your trading mindset is often “the

3 Down Days – And Gap Up?

Posted on April 2, 2014November 17, 2020 by Oddmund Groette

Here is a simple mean reversion twist in SPY: SPY must be down 3 days in a row (from close to close). Entry on close on the 3rd down day.

The Most Important Thing In Automated Trading? Probably Procedures To Avoid Mistakes

Posted on March 2, 2014November 17, 2020 by Oddmund Groette

Chapter 4 in Victor Niederhoffer’s book Education Of A Speculator starts like this: There are so many ways to lose, but so few ways to win. Perhaps the best way

Evidence Based Technical Analysis – David Aronson (Review)

Posted on February 10, 2014December 2, 2020 by Oddmund Groette

I have finished rereading David Aronson’s book Evidence- Based Technical Analysis, Applying the Scientific Method and Statistical Inference to Trading Signals, a book I bought back in November 2007. This

My 6 Best Trading Books

Posted on January 7, 2014November 18, 2020 by Oddmund Groette

I thought I would share my 6 favorite trading books (I have about 75 trading books). Perhaps it’s a bit strange to have 6 and not 5 but I found

3 Day Low in ETF’s

Posted on November 1, 2013November 17, 2020 by Oddmund Groette

Larry Connors has written a strategy called the double 7. This is a very simple strategy with just two rules. The fewer rules, the better, because less probability of curve

What Happens After An “Extraordinary” Big Fall in S&P?

Posted on October 15, 2013November 17, 2020 by Oddmund Groette

What happens after an “extraordinary” big fall in SPY? Calculate the average H-L range over the last 25 days (in percent). If the ETF falls more than 2 times this

Poker, Sex And Dying by Juel Anderson

Posted on October 2, 2013November 18, 2020 by Oddmund Groette

Many years ago I bought this book. It’s not about trading, but about poker and selling. However, all the elements are relevant for stock traders. Besides, this book is much

If You Can’t Suffer The Pain, Don’t Play The Game

Posted on September 9, 2013November 16, 2020 by Oddmund Groette

The above title is a quote from George Soros. I got this quote in an e-mail from a reader of my blog, and it fits quite well for my swing

Some Random Facts About My Day Trading So Far In 2013

Posted on August 23, 2013November 24, 2020 by Oddmund Groette

I like to keep good records of my trading. It’s tedious and for many boring to get these data, but usually your broker/clearing firm has a lot of interesting data.

Does Volume Really Matter In SPY?

Posted on August 19, 2013November 21, 2020 by Oddmund Groette

I’m trading SPY, but until now I have not paid any attention to its volume until I saw this article. The result was interesting, but on second thoughts it makes

When SPY Opens On 5 Day Low, But Close Is Higher Than Open

Posted on August 13, 2013November 21, 2020 by Oddmund Groette

Yesterday SPY opened at a 5 day low but rose from the opening price to close higher. Here is the strategy: SPY must open at a 5 day low. The

Intelligence, Overconfidence And Trading

Posted on July 26, 2013November 21, 2020 by Oddmund Groette

Here are some more random “gibberish” from me about trading. This morning I had a look in one of the old Market Wizards books by Schwager. William Eckhardt on page

Data Mining And Boredom

Posted on July 19, 2013November 21, 2020 by Oddmund Groette

Here are more personal random thoughts on trading: I saw a discussion on Twitter the other day about data mining and backtesting. Put short, one trader trades different strategies for

Exhaustion Gaps In SPY

Posted on July 12, 2013November 21, 2020 by Oddmund Groette

Yesterday (11th of July) SPY gapped up over 1% after finishing strong over the previous days. Here is a potential strategy for the short side: Yesterday’s close must be at

Is It Possible To Make Money Swingtrading? My numbers 1st half 2013

Posted on July 5, 2013November 21, 2020 by Oddmund Groette

I have been backtesting swing trading (holding positions 1-5 days) for many years. But because I have done fairly well in day trading, I didn’t really put a lot of

Is It Possible To Make Money Day Trading? My numbers July 2012 – July 2013

Posted on July 1, 2013November 24, 2020 by Oddmund Groette

I have previously written some articles about the possibility of making money day trading: My Numbers 2002-May 2012 Automated Trading Tuco Trading From mid-2011 until mid-2012 I was going through

New Personal Record – 4 Days In A Row With Losses

Posted on June 28, 2013November 21, 2020 by Oddmund Groette

This has been a pretty bad week for my day trading. Yesterday, Thursday, I recorded my 4th day in a row with losses. The loss was significant as well. I

Confessions Of A Day Trader

Posted on June 21, 2013November 24, 2020 by Oddmund Groette

(Some personal and random thoughts on day trading) I have day traded for over twelve years and I still like what I do. Actually, I love it! Day trading is

When Both Thursdays And Fridays Are Down In SPY

Posted on June 11, 2013November 21, 2020 by Oddmund Groette

Here is the strategy: Today is Friday. Yesterday (Thursday) was down more than -0.15% and today also more than -0.15%. 0.15% is used to have some wiggle room because you

When SPY Closes On 20 Day High On Mondays And Tuesdays

Posted on May 22, 2013November 21, 2020 by Oddmund Groette

This article is an idea from this blogpost: SPY closes higher than the previous 20 day close (not the 20 day high). Today is either Monday or Tuesday. Go short

How I Allocate My Capital And How Commissions Grab My Gross Profits

Posted on May 15, 2013November 21, 2020 by Oddmund Groette

I have received some e-mails about how I allocate my capital. I admit that this is a problem and quite a difficult task. Sometimes I have no positions, suddenly all

Big Moves On Mondays

Posted on May 9, 2013November 21, 2020 by Oddmund Groette

I caught some ideas from Paststat and Quantifiable edges to test “big” movement on Mondays. I have tested this in a previous post, but this time we’ll look at what

I Never Take My Losses Quickly

Posted on May 5, 2013November 21, 2020 by Oddmund Groette

To get inspiration and motivation I read a lot. Not only trading books but also from other completely different topics. Actually, I learn more from books that are not related

When XLP Diverges From Recent High And Low: A Close To Close Strategy

Posted on April 16, 2013November 21, 2020 by Oddmund Groette

A while back I wrote about a day trading strategy in SPY. This one works pretty well on XLP as well, with some modifications: Calculate a 25 day average of

The Fear Of Losing Increases As I Get Older

Posted on April 7, 2013November 21, 2020 by Oddmund Groette

I have day traded for about 12 years, doing swing trading some 5 years prior to that. And as the headline suggests my fear of losing increases as I get

How To Make Money From The Close Until Tomorrow’s Open In Spy/S&P 500, Part 2

Posted on March 25, 2013November 21, 2020 by Oddmund Groette

In November 2012 I summarized some strategies when holding from the close until tomorrow’s open. These strategies have worked well since I published it. Today I have another one. It’s

The Way of The Turtle – Curtis Faith (Review)

Posted on March 17, 2013December 2, 2020 by Oddmund Groette

I have just finished reading Curtis Faith’s The Way of The Turtle (for the second time). This is a very good book! If you’re a beginner or not very experienced

Unforeseen Things No Testing Can Capture….

Posted on March 11, 2013November 21, 2020 by Oddmund Groette

….Happened today. Even after trading for so many years, and mostly trading US time, one of these unforeseen things happened today: Yesterday the US turned the clock one hour forward

How To Find Ideas To Test

Posted on March 10, 2013November 21, 2020 by Oddmund Groette

Once in awhile, I receive e-mails from readers wondering how they can get ideas to test. In order to find profitable strategies, you need to test a lot. Looking at

When SPY Falls 2 Times More Than Average Change

Posted on March 4, 2013November 21, 2020 by Oddmund Groette

Here is a simple strategy in SPY: Calculate the absolute value of the % change from today’s close from yesterday’s close (c2c). Calculate a 25 day average of number 1.

SPY/S&P 500: Yesterday Was A Down Day And Today Opens Down

Posted on February 26, 2013November 21, 2020 by Oddmund Groette

Some weeks ago I wrote about a potential daytrading strategy in XLP. This is a similar test done in SPY: Yesterday the formula (c-l)/(h-l) must have been lower than 0.1.

How Much Pain Can You Take? Risk, Hindsight, Consistency And Paper Trading

Posted on February 24, 2013December 2, 2020 by Oddmund Groette

The risk is real, and trading is not easy. The above quote is from page 110 in Curtis Faith’s The Way of The Turtle. A great book! This sentence captures

A Different Approach To Money Management

Posted on February 21, 2013November 21, 2020 by Oddmund Groette

Ever so often I read how important risk management is. Yes, it might be important but my experience has told me it’s of no use to predefine risk and AFTER

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