I wanted to write an article to explain some of the processes I go through when trading US stocks. Since August was a particularly quiet month with only a few winners I have decided to go back to a trade I made in July in Omnova Solutions ($OMN). Read more »
I have been using the free version of Finviz on a daily basis for several years.
Just recently I decided to subscribe to Finviz Elite to take advantage of the live market data, more powerful screener and backtesting features.
So far I have been more than happy with that decision. At $25 per month, I think the service offers amazing value for money and I have already seen it have a real improvement to my trading and analysis. Read more »
I came about Motif Investing in a roundabout way. I was actually reading an article about a strategy that buys 30 different stocks each month.
One of the comments on the article was that transaction costs could eat into the system performance, unless you use a broker that is able to bunch the orders together into one transaction. And that is exactly what you can do with Motif Investing.
Monte Carlo analysis involves the use of algorithms to generate random repeated sampling of results. Typically, Monte Carlo is used to run a large number of simulations in order to find the likely probability distribution of an unknown event.