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Messages - Charlie

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1
Your Kind Words / Your Program is the Best
« on: June 18, 2022, 07:13:53 PM »
Sasha,

Every time I poke around in your program and find myself wanting to do something  --e.g., change how the chart looks--  I find that you've already thought of that. All I need to do is left or right click my way through the menus and options and a means of making it happen is there.

It's no secret we're now in a bear market. I should have put more effort into learning how to use SA program to keep myself out of trouble. But I'm correcting that laziness as fast as I can. 

Charlie


2
Sacha,

Much thanks for your quick reply.  I really appreciate the care and concern you have to make SA the best it can be.

Charlie

3
If I copy a trading system, edit it to create the conditions for selling short, and then save it, the backtester won't let me select it. I used to be able to select it.

Also, I can't get the TRIX system to work in the current version (2022/04/22). The earlier version had a  problem with TRIX as well. But I was able to correct the coding and now don't remember what I did.

4
News and Updates / Re: Stockalyze is back again
« on: April 23, 2022, 08:58:46 PM »
Sacha,

You're the programmer, and the project is yours to shape its destiny.  But my take is this. "If it ain't broke, don't fix it until it is."

Yeah, there are some minor changes that maybe should be done, like, letting the user determine capital deployed at a more realistic level than $1 million and letting the user decide whether to keep positions sizes equal (my preference with real money).

But the program already offers nearly as much as MetaStock ever did, at one-tenth the price. So that raises the question of whom your intended audience really is. Are you trying to target beginning investors/traders who aren't going to want to spend $50-$100 bucks PER MONTH for a backtesting service/program? Or are you trying to undercut the high-end services/programs? IF you want to "do well while doing good", I'd say to skip adding features and try to make the program easy to use for people who are math klutzes and/or who have zero programming experience, but who might have a budding interest in trying to make a few bucks in the equity casinos (--err, stock market) or how they might better manage their 401k.

Here's what I'm thinking. The typical 401k is based on mutual funds, which StockAnalze doesn't chart. Also, the typical 401k severely restricts the number of fund switches that can be done each quarter. That makes most of SA's pre-loaded trading systems useless to them. That problem is easy enough to fix if the user has had experience building trading systems. Few investors have. Furthermore, they don't really enjoy the investing/trading game and just to be told what to buy.

But what they don't realize is that it doesn't matter WHAT they buy. It matters WHEN they sell. It's managing their risks and cutting their losses that matters most. You're familiar when Buffet's Two rules, right? #1, Don't lose money. #2, Remember Rule #1.

Right now, Schwab is running a promotion that them not already in the market should consider. https://www.schwab.com/investing-starter-kit

The offer is this. Open an account, fund it with $100 bucks, and Schwab will give you ten slices of stocks from the SP500 valued at $100 total. In short, if  person opens an account, he/she can double their money. But what those stocks will be worth next week or next month is a whole 'nother matter. It might be more. But it probably will be less, because we're moving into to bear market. But here's the kicker. As soon as those ten stocks are in the person's account, they can be sold and the money deployed on better opportunities WHICH STOCKANALZE CAN BE DIRECTED TO FIND.

In fact, if you want to launch a thread based on just such an investing/trading project, I'd be happy to participate, as well as try to get some trading buddies involved. Right now, what's the situation is this country? There is zero financial education in the schools. Inflation is running close to 20%. Most people have a day job and family responsibilities. They're lucky if they have a 401k, much less a DB pension. If they want to retire some day, they need to learn how to deal with markets. But they've got no role models to look to, nor much time to learn on their own. But they can find a $100 bucks and maybe 20 minutes a day.  They aren't going to be able to turn a $200 dollar account into the money they'll need to retire with. But a couple of years of engaging that account will enable them to acquire the skills they need to manage bigger money. Meanwhile, if they're the least bit careful, the whole project can be done on Schwab's nickel due to the opening match. In fact, if they open that account and trade carefully, they could use their profits to pay for buying StockAnalyze. And that would be a hoot, and three-way win for everyone.

Charlie

5
News and Updates / Re: Stockalyze is back again
« on: April 23, 2022, 04:02:57 PM »
Sacha,

You need to be aggressive about trying to show what your (very excellent) program can do by joining some of the public investing forums and discussing how it can help beginners stay out of trouble. The Motley Fool is one forum you  might consider. 

By and large, the subscribers to its endless, worthless newsletters are told to buy such and such stocks and to hold for 3-5 years. When those subscribers do buy, they quickly find out they've been scammed in what amounts to a pump-and-dump scam. The typical complaint goes like this. "On the advice of the Motley Fool, I bought such and such. Now I'm losing money. What should I do?" Sometimes, those losses are a reckless, irresponsible, inexcusable (-30%) or more. Invariably, they are told to "sit tight", that all will be well if they just "have conviction" in the underlying company. That is self-destructive nonsense, of course. When a stock is getting sold down way beyond the normal price fluctuations one has to tolerate in the manic-depressive casino that the stock market is, then it's time to cut losses, or better, to reverse and sell short.

That's what your program can do for would-be buyers of stocks. It can show whether buying-and-holding would have been A Good Thing To Do, or whether some judicious, disciplined selling would have been smarter. As is the case with most forums, you can't mentioned your program by name or make an explicit pitch for it. But what you can do is show  what might have happened with any stock mentioned in any post if a bit of trading had been done. For sure, in a raging bull market, nothing beats B&H. Just throw a dart and you'll become rich. But that's not the market we're now in, which is a late-stage, "topping" market in which prices are rolling over and beginning to make lower lows.

Charlie

6
News and Updates / Re: Stockalyze is back again
« on: April 23, 2022, 02:21:01 PM »
Sacha,

Much thanks for getting things fixed and for reaching out to us who think your program is the best there is for testing trading systems. Give me a chance to get caught up, and I'll be happy to spread the word about SA in the financial forums I use.

Charlie



7
Your Kind Words / More capable than most realize.
« on: March 15, 2019, 05:40:09 PM »
Like many, I've demoed a lot of charting software. STOCKALYZE does what I need to get done, especially now that the results of backtests can be exported.

Charlie

8
Troubleshooting & Bug Reports / Re: TRIX formula needs correcting
« on: June 06, 2018, 10:10:22 PM »
Sacha,

I knew there was a problem with the coding for the TRIX system. I'm glad you agree and corrected it.

As for the alternate version I proposed, it's just a 2 MA X-over system and not worth inclusion in your basic menu.

Charlie

9
Troubleshooting & Bug Reports / Re: TRIX formula needs correcting
« on: June 06, 2018, 02:10:52 PM »
Sacha,

My mistake.I should have said, 'Buy' when  TRIX(9) crosses TRIX(14) from below. That system will produce profitable signals. The as-found system produces no signals.

Charlie

10
Troubleshooting & Bug Reports / TRIX formula needs correcting
« on: June 06, 2018, 02:03:06 AM »
Sacha,

The 'Buy' signal currently reads "TRIX(14) crosses EMA(9) from below". But the two terms need to be swapped.

TRIX(14) is the 'slow' line, and EMA(9) is the 'fast line. A'buy' signal would occur when the fast line crosses the slow line from below.

To test this is so, apply the as-found version of TRIX to some stocks. No signals will result. Next, make a copy of the as-found TRIX system, and then edit the 'buy' and 'sell' formulas with the needed corrections. Lastly, retest with some stocks. Now signals will happen.

Charlie

11
General Discussion / Re: How to export the results of a back-test?
« on: June 01, 2018, 02:44:55 PM »
Sacha,

I did the download, which installed the Lite version. When I tried to register the program, my previous ID info was rejected.  What do I need to do?

Thanks in advance,

Charlie

12
Your Kind Words / Re: Indicator Graphics
« on: May 22, 2018, 08:36:01 PM »
Sacha,

Me again. That 'drop-n-drag' thingie really does work. Much thanks for pointing out how to do it.

Just now, I plotted an oscillator (which generally plots as a single, wiggly line) and dragged a moving average onto it. NOW, da, dah, I've got an oscillator that generates crisp, Buy/Sell signals rather than just eye-ball guesses. So cool.

Charlie

13
Your Kind Words / Indicator Graphics
« on: May 22, 2018, 07:38:28 PM »
By default, the Force Index indicator plots as an area chart. (Sacha calls it 'mountain' and 'inverted mountain'). Most other separate panel indicators (CCI, Wm% etc) plot as line charts. But it's possible to add the 'mountains' feature to them. So cool! and that's one of the things I like about STOCKALZYE. If you take the time to dig into the program, you'll discover how much it is really capable of doing.



14
General Discussion / Re: How to export the results of a back-test?
« on: March 14, 2018, 01:11:49 PM »
Sacha,

Any format would be fine, because once the data is exported, it could be reformatted.

Charlie

15
General Discussion / How to export the results of a back-test?
« on: March 08, 2018, 09:57:27 PM »
I'd like to export the results of backtests into a spreadsheet. Can this be done?

Thanks in advance.

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