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PureBytes Links
Trading Reference Links
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Hans,
>DBC is very limited on DTB - as far as I know they only have FUTURES
>like DAX, BUND no stocks etc.
this seems to be a problem with future source too: they have DTB options,
but no stocks, no warrants and no other german stock market indices than
DAX and MDAX.
BTW, does anybody know how to obtain realtime advancing/declining issues
and volume for the german stock market to construct the TRIN (Arms) index
or an affordable source for that indicator itself? Do Bridge or Reuters
offer these data, creating therefore a definite advantage for their
subscribers?
Cory,
>Hi Martin,
>Thank you for the referral on tick data. What kind of trading do you do?
>Cory
a little bit more about myself. Until now I'm a learner, trying to learn as
much as I can about the markets and trading. Two years ago I began position
trading stocks, but in all honesty, I haven't had any clue about what I was
really doing. I had read a few lousy german books about technical indicator
trading, but with beginners luck, I made a lot of money quickly. Then
happened what usually seems to happen: I started to think that making money
in the markets is an easy thing, and so I've lost even more quickly all I
had won before.
After buying appropriate software, reading serious books about trading and
testing my first ideas, I recognized that the world of trading is far more
complex then I had ever thought. I had to learn that the vast majority of
traders consistently loses money in the markets and that only diligent hard
work and commitment to trading eventually could make me successfull.
Since then I've read all I could get about markets and trading, and after
testing many of the praised indicators, methods and some systems I felt
that one has to develop his very own trading style to have at least a
minimum chance to survive in the markets.
I certainly wanted to be a daily position trader, but my maximum tolerable
drawdown only allows me to daytrade most of the futures markets. Because
trading systems are not my way of trading because I don't want to suffer
the inevitable large drawdowns of most systems, I decided the only way for
me could be to find a discretionary approach for intraday trading, but of
course with a "systematic" and very stringent trading, risk and money
management plan.
After long testing and paper trading I think I've found a way that probably
could work for me, and now I try to elaborate this method in detail until
I'm comfortable with it. Probably it will last another couple of months
until I'll have tested and worked out all the things I want to. After
reaching that point, and only then, I will start real trading again.
Martin
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