2008 May 23 - Fri

A Half Hearted Day

Last night I got some chart software programming accomplished. I can now see bars, trades and quotes. Over the weekend my task to get some indicators on to them, particularily pivots, Bollinger Bands of two or three different time frames, volume historgrams, and a zig zag indicator. A little further down the road, the zig zag indicator will be used for 'snapping' trend/support/resistance lines in to place to help solidify some chart patterns.

I looked in on COIL again this morning. I got sidetracked watching it and didn't realize the rest of the market had opened. When I did notice what was happening, a lot of things went south. It was all well and good that I didn't do anything. There will always be another trading day, and hopefully for Tuesday I can have my basket trading in place.

That is, I'm hoping to finish off the order entry bit that talks to Interactive Brokers. In doing so, I can then finish the integration my order basket tracking. Each evening, I run three different stock selection filters and come up with a total of about 40 different symbols with associated entry parameters. If all goes well, I can do some semi-automated trading: ie let the computer get my entries in first thing in the morning, then I can monitor the profit curve and start setting stop-loss points to generate automated exits.