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Stock trading software: The Home Trading System

Stock trading software: The Home Trading System



you today is actually Thursday the 21st of April 2011 and the time now is half-past three now the markets have been open for about an hour and I've just spent some time basically setting up this video and getting everything ready to basically show you guys so as you can see on screen at the moment we've got a 15-minute anchor chart now what I basically mean by an anchor chart each one of these time frames is basically a daily time frame so our anchor for a 15-minute chart would be a daily chart okay so what we've got here is we've got our eight stocks we've got B XP emn exo-m gr MBL o XY PX and VN o and all of these stocks are currently trading to the upside they're all basically trading the home trading system is giving us this blue color trend so I'll probably look at this a couple of times a day just to make sure that there's no changing direction so but for the meanwhile we'll be just taking Long's on a 15-minute timeframe now I've set up a 15-minute time frame which basically exactly mimics what you're looking at now and I'm going to basically just switch over and this is the 15-minute version of what we were just looking at now so I'm currently waiting for long positions and everything is currently retracing or pulling back we've got entry signals going short here here and here now like I said a second ago we're only going to be looking at long trades today via now at the moment we're just getting this blue bar here signalling that there's going to be a move to the upside basically if this candle closes the home trading system will start to give us an entry signal and that will be my first entry for the day now I'll just show you what I'm using to place these trades here we're going to be using Gekko to basically run this experiment we've put a thousand pounds in the account and these are the eight stocks which I'm going to be trading for the next week now if you look at vno we're currently on our second blue bar here now and we just gotta wait for the entry signal before getting into this trade okay so we've just set up the ticket here we're basically going to go in at 1 pound per point and we're stop is 40 points away okay guys so i've just adjusted the stop because the price is pulling back and we're looking at 91 we want to get 9c 108 that's where our stop is so I just keep adjusting this stop and waiting for that entry signal okay guys we just had the entry signal flash but the video was paused so we didn't actually see it but you'll see more through the day of what the energy signal actually looks like okay so we're currently 21 points in profit on vni oh and we've got a new stop distance now basically the new stop now is 90 128 so I'm going to adjust my stop to 90 128 or as close to that value as I can get sometimes sometimes I can never get the price like white one in spread bank accounts so we confirm that let's taking a little bit more risk off the table so we're also getting this second blue bar and bxp and another second blue bar over here on PX so I'm just going to basically try and get into both of these trades now as soon as I get my entry flash okay just get in the buy entry on P X here one pound a point we need to stop at 105 six eight and I'll just open up that order okay we just got the entry signal on vxp so I'm going to take that order as well so we're currently now in three trades and I'm obviously training my stops where I need to be now we're also getting an entry signal here on gr if this pulls back and we get the entry signal then we'll get into that trade as well so we're just about to enter into the next 15-minute period and I haven't been able to get an entry yet on goodrich corp so I'm just going to basically be hanging on to this for a little bit longer and what I am going to do is move up my stop distances so we're just starting to get another possible entry signal forming over here on emn and also another one over here on x/y we haven't had the flashing entry signal yet on gr so we'll just have to wait and see we may still get it but to be honest we've probably missed this now those signals that were forming on EMN and Alex why I actually haven't closed we've just finished the next 15 minute period the good thing about the home trading system is it starts to give you warnings you start to see entry signals forming you can just see there you go it's just popped up again and we don't actually enter the trade until that bar has closed and then we wait for some kind of a pullback that's when the entry system starts flushing okay the PX trade over here has moved against me we've got a red signal and it's closed I'm currently 20 pounds down on that trade that's forgot a loss but I'm just going to have to take and that is all part of trading with this system now if we get a blue bar on P X again we'll take it quite naturally but we shouldn't hang on to trades once the trades turned red and the candles closed that's a definite signal for the downside and I wouldn't stay in that trade you can see there it's moving lower and lower and if you try and hang on to it you could just end up losing even more money so best just to take a 20 pound loss on that okay and pretty much at the same time we're getting the buy signal on X on so we're going to open up a trade here and just get in an entry signal here on eastman so we're going to get in that with our stop at 99 84 okay we can't get it that close close we can get it 74 but we'll take that as a boy so just moved into the next 15-minute period it's just after 6:00 o'clock and I'm going to trial some stops okay guys just getting an entry signal over here on MBL so I'm going to take a buy on that so both of these two trades here not really much has happened they've basically been moving sideways and but we're still in them and just updating you really we're just getting a red dot here forming on exxon we're down 25 pounds on this trade so I'm going to basically get out of this trade okay guys I did something a little bit foolish there I took a red signal on this excellent raid and the bar actually hadn't closed which therefore means it wasn't really a full signal and what's happened is the prices reversed and the sell signal has disappeared so just to point out that you the importance of basically waiting until bars closed before taking signals on them it's just turned eight o'clock we've got about an hour left of trading and we're getting a red to close bar closed red bar over here on VNO so we're going to sell that for a 51 points profit the exon trade that I exited early has been creeping to the outside so we're missing out on this trade now and VX peas kind of moving sideways EMN is actually starting to make a move to the upside and we're starting to see some nice profits there now 26 pips okay guys we're getting a red signal here like I said I want to close these trades off by 9 o'clock anyway so I'm going to actually exit this with a 58 point profit okay I just closed off V xp for 62 points profit okay I'm just going to quickly close off EMN as well and if we can hit 40 points I'll take that and I'll hang on to noble energy for a little bit longer okay so just took 40 points therefore emn so the last trade that's running is this MBL trade and basically we've got about 40 minutes to close this trade and whatever happens I'll be closing this trade today okay so we're starting to see a red signal here I don't want to lose any more profit on this trade and I'm going to close this now which gives me a total of 93 points for the day I've just finished for the day and I'm going to quickly show you in my account and here's all the trades but basically an overview of what happened we started with a thousand pounds we lost the first two trades and took us down to minus 45 and then we had three winning trades 51 62 and 40 and the last trade which you just saw me close taking another 15 pounds from the profits so overall for today we gained 93 pips


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