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All posts by Kevin Davey

Going Live With Automation

Going live with an automated strategy is one of the coolest, but also scariest things you can do in trading. Here you are letting a computer trade with your hard earned money. Theoretically, the computer makes ALL the buying and selling decisions except for rollover trades. Many people simply can’t do it – the stress […]

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“Peel Off” Trading

Many traders have a favorite method for trading, and they rarely deviate from that plan, regardless of what they are trading. One method many people like is what I call the “peel off” method. In its simplest form, the trader starts out with two contracts, exits the first at a small profit (the “peel off”), […]

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Are Breakeven Stops Worth The Effort?

One favorite “gotta have” of many traders is a breakeven stop. By not letting a winning trade become a loser, the psychological lure of breakeven stops is strong. This is especially true for discretionary traders, where the winning percentage can play an important mental (not necessarily financial) role. The answer for automated traders may be […]

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Best Day Of The Week To Trade

What is the best day of the week to trade? Actually, this is a tricky question – let me explain… Part of my normal routine is developing new trading strategies. I am always testing new ideas, creating new strategies, and adding the successful ones to my live portfolio. That is what most of my Strategy […]

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The Perils of Buying Trading Systems

Ugh. I’ve done it again. I bought a “can’t miss” trading system I saw on the Internet. What looked so good in the advertisement turned out to look just as bad when I traded it with real money. This seems to happen to me EVERY time I buy a system. Why? Sound familiar? It certainly […]

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Finding Out What Works, And What Doesn’t Work

Many traders who try system trading have previously had difficulty at discretionary or manual trading. Most of these folks eventually recognize the benefit of trading a system with well defined rules – a system that has performed well in the past. It is nice to know a trading approach has historically worked, but as with […]

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Trading Multiple Strategies With The Same Instrument – Part 3

In the last two articles (article 1, article 2), I discussed the need for trading multiple strategies with the same instrument in the same account. This type of capability is very important to a trader who wishes to trade a diversified portfolio, while at the same time efficiently managing margin. Unfortunately, with many platforms this […]

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Trading Multiple Strategies With The Same Instrument – Part 2

In the previous article, I discussed the need for trading multiple strategies with the same instrument in the same account. This type of capability is very important to a trader who wishes to trade a diversified portfolio, while at the same time efficiently managing margin. Unfortunately, one of the limitations of Tradestation, my trading platform […]

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Trading Multiple Strategies With The Same Instrument – Part 1

Tradestation is a pretty amazing testing and development platform. I’ve been using it for over 10 years, and I’ve been very happy overall with it. Sure, there are certain aspects of it I don’t like, and certain things that are hard to do, but I think that is true of almost any platform. My biggest […]

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Did The CME Data Change Impact Your Strategies?

Algorithmic Trading

— Kevin J. Davey of KJ Trading Systems Effective September 21, 2015 the CME changed the closing time for futures that closed at 5:15 PM ET from 5:15 to 5:00 PM.  The CME did this because the volume from 5:00 PM to 5:15 PM just wasn’t that significant. My initial thought was “no big deal, my strategies […]

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