Open house study notes

A great session yesterday in our Open House. See below the concepts we discussed and a few links for further study.

1. The two phases of a trade: from identifying the opportunity to executing the trade.
   Further reading:
   https://www.remek.ca/blog/2023/12/28/from-opportunity-to-structured-trade
   https://www.remek.ca/blog/2024/4/15/the-anatomy-of-a-trade-revisited
   

2. Learning to read charts. Key concepts to master: Long Tail. Instant reversal. Failure test.
   - The past week or so, historic by any measure, has been gracious to provide us with many charts especially suited for study and trading purposes.
   - Daily chart reading and developing the ability to extract information from price action based on our crowd-movement-based methodology is the foundation of trading success …. but you know the story, so: get the gear, learn the craft.
   

3. The daily work: grab a coffee and spend 5 minutes on your Remek! charts each day for six months. Make notes, no typing, pen and paper (or something like this). Miracle is bound to happen: that 5 minutes will soon shrink to 5 seconds if you stick to it, and what it will do to your trading skills is, you’ll learn to forecast with a reasonable probability the likely movement of the crowd.
   

4. The next step is, of course, to learn what trades to put on, if any, based on your observations and forecasts. We call this structuring a trade (as in “designing a trade”). This involves:
   - defining the quantity based on pre-defined risk management rules (A little math will be necessary, but nothing close to rocket science.). Note: PRO STR BT (and BTX too) can adaptively automate this, a uniquely advanced feature in the NT8 universe or at this price class in general.
   - defining the entry, exit and trade management rules that will govern the trade from start to finish
   - the technology (manual/PRO STR/BT/BTX) with which the trade will be executed, including the level of automation
   - any other rule as defined in the trader’s trading plan.
   
   Further reading:
   https://www.remek.ca/blog/2019/9/20/three-ways-to-enter-a-pullback-trade
   https://www.remek.ca/blog/2024/2/10/the-method-the-tools

View fullsize

View fullsize

View fullsize

View fullsize

View fullsize

View fullsize

View fullsize

View fullsize

View fullsize

View fullsize

View fullsize

View fullsize

View fullsize

Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Saturday 10.30am EDT Open House!

Note the following as we plan our Open House to be as beneficial as possible to our audience:

1. You had a trial before? Perhaps a long time ago? v3.8 is full of power you don’t see elsewhere. So feel free to sign up for a second or third free trial right now! Should you run into any problems, just write to us with free trial in the subject line, and we’ll set you up!

2. To make your access to corner-turning information on the Standalones, we are making the full Documentation available with a simple free membership for the rest of July! Get your free membership, grab a good coffee, and deep-dive into our Standalones documentation right now!
   
   

New to the Remek! Standalones? Here’s what you need to know:

View fullsize

A typical Standalones workspace. Totally customizable, totally yours.

• The Standalones, especially PRO STR BT, are built to monitor crowd behaviour on financial markets. Since it’s the crowd that moves price, this is the real deal. This algo is not a random hodgepodge of a bunch of indicators thrown into the soup to see what comes (temporarily) out. The edge the software captures is based on real and persistent crowd behaviour. We call the edge we specialize in capturing the re-emergence of momentum.

• Do plumbers show up for the job with just one tool? No way! We, too, need a set of tools for different situations. That’s why we have three incarnations of the same strategy, perfectly built to take advantage of NT8’s architecture:
  
  - PRO STR: for those situations when a bit of manual control is desired or called for, while the algorithm runs. Are there such situations? Of course! That’s why we need PRO STR on our desktop!
  
  - PRO STR BT: for those situations when we want to prevent our emotions from entering our trade (and we all know our emotions are capable of causing us the greatest damage!)
  
  - BTX: we built it for two reasons: for those who trade in bulk (large accounts traders do exist!) simultaneously and algorithmically, and those who want to carry out advanced, lightning-fast research in multiple asset classes.
  
  If you’re new to The Standalones:

• this is a powerful, yet highly user-friendly and logical software, thanks to our experience in the financial software industry and academia. This is serious algorithmic power that you can have on your desktop today, power you normally see in the upper-six-figure price range.

• start by getting to know BT first! BT is built to have it all and at lightning speeds. Once you master BT, you’ll naturally become a better trader. That’s when you’ll see when and how the other two will best be of service to you!

  To help us prepare for the session tomorrow, send us your questions! In the session, we’ll walk you through all the features, will answer all your questions, so you’ll know what we know: under NT8, there’s no algorithmic power like The Standalones’!
  

  See you all in the room!