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Tech Trader


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Most Recent Trades
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» Buy STX, $51.1
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Market updates written by Tech Trader itself, a fully autonomous system trading with no human intervention.
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356 unique view(s)

August 21st, 2015

August 21st, 2015 7:03:25 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Starting to get longer with some intraday volume exhaustion again, starting with XLU.  I expect we might see more names over the next couple trading days though.  This is Tech Trader's way of scaling in lol
XLU on Tech Trader
August 21st, 2015 7:16:48 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Saved 2 cents on XLU calls thanks to the option pricing mechanism lol

2015-08-21 08-02-48: TTFund_TDA_Options: Checking for fair value of XLU Sep 11 2015 46 Call...
2015-08-21 08-02-48: TTFund_TDA_Options: Spread too wide.  Basing price on midpoint $0.37 between 0.35x0.38
2015-08-21 08-02-48: TTFund_TDA_Options: Comparing extrinsic value $0.37 on XLU Sep 11 2015 46 Call with $0.28 on XLU Sep 11 2015 46 Put...
2015-08-21 08-02-48: TTFund_TDA_Options: Buying at cheaper price $0.36 for XLU Sep 11 2015 46 Call
2015-08-21 08-02-48: TTFund_TDA_Options: Fair value check complete: Best price at $0.36 in spread of 0.35x0.38
August 21st, 2015 7:56:43 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
XLU bouncing already.  Calls that TT bought up 20% month out and 30% weekly.  The bounces from the capitulation point almost always happens, but it's hard to tell for how long and how high.
August 21st, 2015 8:19:08 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Trendlines killing it again today up 2% on average across its names.  80% of them working in its favors and majority of them short signals.  Really regret not seeing the DIA short yesterday; need to not neglect my older strategies so much.
270 unique view(s)

August 20th, 2015

August 20th, 2015 12:12:28 pm
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Great show of strength today for Tech Trader against the market sell off.  Tech Trader in total, even with yesterday's IWM buy, is only down 0.5%.  SPY is down over 2% and IWM is down almost 3%.  Shorts like GRUB (5%), ADI (7%), and GRMN (2%) contributed a lot to outperformance, but it's nonetheless 40% net long, meaning longs were pretty resilient as well.

What's interesting to note is that Tech Trader isn't buying the dip today; no bottom or RSI signals on the major indices.  There was one yesterday and a leftover from last week, but not the usual 3-5 cluster or more with aggressive averaging down.  Again, exposures are at year lows of 65% long vs 28% short.

The n/a sector is ETFs, which consists of EEM and IWM collectively being down about 2% individually but affect less than .3% of the portfolio and are offset everything else.  The most any individual name is losing the portfolio is no more than about .1% either.



Again, the sell off is barely a blip in Tech Trader's P&L while you can see SPY for the YTD time frame being very volatile.


SPY on Tech Trader
August 20th, 2015 1:35:46 pm
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Updated the last post to include percentages on the column charts and a second chart showing how no single name lost more than .1% of the portfolio.
August 20th, 2015 4:54:52 pm
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
What's interesting to note is that Tech Trader isn't buying the dip today; no bottom or RSI signals on the major indices.  There was one yesterday and a leftover from last week, but not the usual 3-5 cluster or more with aggressive averaging down.  Again, exposures are at year lows of 65% long vs 28% short.
August 20th, 2015 6:11:47 pm
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
A lesser talked about strategy for Trendline Breaks is also killing it this week.  This is the one that a friend and I used to trade around manually because it doesn't have automated exits.  The paper portfolio just gets out on the first day of gain or after 1 stdev loss.  It's a good gauge for where things are at though, especially if it's >100% short and making 4% in a few days.
213 unique view(s)

August 19th, 2015

August 19th, 2015 8:01:52 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Pretty much every time we have a big sell off like today, we're seeing Tech Trader yet again hold up fine despite being more than 50% net long.  Right now SPY is down 1.2%, IWM 1.5%, and EEM 2%, but Tech Trader is only down 0.5%, which is basically a normal fluctuation on any given day.  On the performance chart for the year, it's barely a blip whereas you see SPY chopping up and down below.


SPY on Tech Trader
August 19th, 2015 7:29:18 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Tech Trader starting to get longer again with the market sell off starting with IWM.  Things getting interesting after a boring few days.
IWM on Tech Trader
August 19th, 2015 9:29:04 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
IWM already up 0.7% from Tech Trader's bottom call this morning.  Don't even have to wait for the Fed.

IWM on Tech Trader
August 19th, 2015 10:06:33 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Looks like the algos were expecting the news not to come out until 2pm EST and are just now reading it lol.  IWM surging above $120 now.  Well over 1% from the bottom signal on IWM
August 19th, 2015 10:53:33 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
It turns out Tech Trader would have bought these months ago if we just had the stocks in the scan list.  Unfortunately, Tech Trader is only looking at top 1000 stocks right now; need to have much more capital before we can think of increasing the universe, else the size of each position will be too small.  Just something to keep in mind for the future as far as capacity for Tech Trader is concerned.

172 unique view(s)

August 17th, 2015

August 17th, 2015 10:19:43 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Great example on GRUB of Tech Trader's option pricing algo at work.  Normally I would have just crossed the spread, but it now knows to aim for $.50 on a spread of $.45x$.70 based on how other contracts are priced.
Edit: Not trading this specific strike/contract.  Just wanted to show how TT would price a wide spread.  Sorry for the confusion.


In other news, XLP has exited around $50.20 for about a 1.2% total gain (QQQ had 2.4%, XLK 2.1%, and XLF 2%).  Still holding EEM which is taking a hit, but it's small compared to what the others made already.  Slow day overall.



August 17th, 2015 10:40:46 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Clarification on GRUB - Not trading this specific strike/contract.  Just wanted to show how TT would price a wide spread.  Sorry for the confusion.
148 unique view(s)

August 15th, 2015

August 15th, 2015 7:37:43 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Fixed images
127 unique view(s)

August 14th, 2015

August 14th, 2015 8:59:38 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Seeing some slight rotation into other sectors like XLP and XLF while QQQ and XLK retreat, which is great since QQQ and XLK were sold yesterday while XLP and XLF are still being held. Tongue
August 14th, 2015 10:15:55 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Just finished adding the ability for Tech Trader to automatically figure out fair value for options based on intrinsic/extrinsic of other contracts.  I'll never get ripped off by a 40% spread again! Bahaha
117 unique view(s)

August 13th, 2015

August 13th, 2015 9:18:56 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Tech Trader barely took a hit during the market sell off and is now outperforming the market again on the rally.  SPY only up .3% and QQQ up .5%, but Tech Trader is up over 1% with only 68% net long exposure and no leverage.  Both the market timing ETF plays (QQQ, etc) and idiosyncratic stock picks (GPRO, HIG, etc) are contributing significantly today.

August 13th, 2015 6:42:29 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Tech Trader almost closed its QQQ and XLK longs from yesterday this morning, but that pullback in the first hour was enough to give it more runway.  Looks like the pattern has been selling from Europe market hours and then relief after.
QQQ on Tech Trader
August 13th, 2015 7:29:47 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
HIG, older position from a month back, now ripping on speculation.
HIG on Tech Trader
August 13th, 2015 8:08:24 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Every pullback and higher low we get reduces the desire for Tech Trader to sell.  If anything, we'd want a slow grind up here to really squeeze as much gain as we can from this trade.
August 13th, 2015 8:33:47 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Tech Trader finally out of QQQ at $111 (just take a guess for the reason).  One-month out ATM calls up 85%.  Still holding the other ETFs, which seem to be playing catch up now.
Edit: XLK out as well; basically the same as QQQ.
August 13th, 2015 12:02:48 pm
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Market closes down 10-20 bps.  Tech Trader is up 80bps end of day.
84 unique view(s)

August 12th, 2015

August 12th, 2015 12:10:34 pm
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
SPY closed well into positive.  Market bottom trades absolutely killed it today.  All positions are in green, with QQQ making 2% in less than a day.


Tech Trader's portfolio is sharply longer now but mainly on its market bet; idiosyncratic names are still relatively tight, though it just sold FIS which also killed it today (8% up today).


FIS sold at $70 today (entered a few weeks ago).
FIS on Tech Trader
August 12th, 2015 11:06:57 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
SPY positive for a moment just now. QQQ calls now 70%
August 12th, 2015 6:29:31 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Tech Trader's going for it here on this China yuan devaluation sell off.  Intraday bottoms on both XLF @ $24.7 and EEM @ $35.3.  Looking for another bounce here in the next few days.
XLF on Tech Trader
EEM on Tech Trader
August 12th, 2015 7:06:06 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Looks like this is one of the bigger sell offs of the year.  Just got 3 more names with seller exhaustion and volume capitulation QQQ, XLP, and XLK.  Finally seeing a real flush here.... haven't had clusters like this since last year.
QQQ on Tech Trader
XLK on Tech Trader
XLP on Tech Trader
August 12th, 2015 8:37:00 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Literally every bottom position just bounced into green.  What an insane move.
August 12th, 2015 9:05:26 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Awesome bottom reversal candle forming on the daily chart for QQQ and a bunch of other ETFs to go in line with all the intraday bottoms we got today.
QQQ on Tech Trader
QQQ on Tech Trader
August 12th, 2015 10:16:56 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
QQQ is actually up for the day now. Freaking incredible. The one month out
calls are up over 50% from the morning.
88 unique view(s)

August 10th, 2015

August 10th, 2015 6:09:23 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Tech Trader crushed it with XLV and IBB after intraday bottom signals in each last week.
XLV on Tech Trader
IBB on Tech Trader
93 unique view(s)

August 7th, 2015

August 7th, 2015 8:11:48 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
I think it's important to clarify what the current positioning actually is.  We've had a slight increase in the number of trades the last few days, but at a portfolio level, things are still very neutral.  For every long, we're getting a short or sell as well. Exposures to sectors remain very flat.  There's also a lot of whiplash intraday, so a lot of signals that are "potential trades" do not necessarily trade by end of day, as we saw with FOLD and KITE.  Will try to be clearer on those next time, but in general, besides the ETFs/bottom trades, anything posted intraday is tentative and can change until the actual market close.

Below are the current exposures for Tech Trader, which you can see continues to tighten despite added names.
August 7th, 2015 6:48:49 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Tough morning for the IBB long yesterday, but that's why there was only one trade as opposed to a handful.  Tech Trader following up on that trade with another intraday bottom in XLV now, essentially the equivalent of a trader averaging down.
XLV on Tech Trader
August 7th, 2015 11:40:16 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Nice recovery in healthcare towards the end of day.  Sets up for a nice reversal candle on daily as well.  Breakeven point is somewhere between yesterday's close and today's low.
XLV on Tech Trader
XLV on Tech Trader
92 unique view(s)

August 6th, 2015

August 6th, 2015 5:38:07 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
There goes TLT above $122 after yesterday's intraday bottom signal.
TLT on Tech Trader
August 6th, 2015 6:38:43 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
TLT trade exited at $122.55.  The actual calls traded (Aug.28 2015 122.5) netted 42% going from $1.13 to $1.61.
August 6th, 2015 7:51:16 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
GRUB getting shorted yet again.  This stock never gets any love from Tech Trader lol
Again very interesting to see so many stocks getting rebought or re-shorted in this environment.  This is a stock picker's market.
GRUB on Tech Trader
August 6th, 2015 8:26:45 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Intraday bottom here at $372.36 on IBB from seller exhaustion. Looking for a bounce over the next couple days.  Looks pretty scary on the daily if we close here though.
IBB on Tech Trader
90 unique view(s)

August 5th, 2015

August 5th, 2015 8:29:54 am
Posted by pftq | #
pftq (Official) says on The Tech Trader Wall...
Pretty exciting.  After about 2 week's slumber, exposures are starting to pick up again.  TLT just got an intraday bottom at about $121.4.  Names like FOLD and SPR are lining up to be bought on breakout continuation to the long side.   Update: Lost the signal for FOLD at close and didn't trade it; looks like it's tough to sustain a breakout for individual names at least.

TLT on Tech Trader

SPR on Tech Trader