Canadian Society of Technical Analysts

Determining the Right Strategy For You, Oakville Chapter CSTA Meeting March 12th, 2014

  • 12 Mar 2014
  • 7:00 PM - 9:00 PM
  • Queen Elizabeth Park Room C094


  • Monthly Meeting 2013 Monthly Meeting

Registration is closed

Determining the Right Strategy For You

Develop (Your Own) or Select an Existing Trading Idea and Evaluate Whether That Idea Has a Statistical Edge

** Attend live in person or online via webinar format.  For those who register for online webinar, once registration (and payment, if applicable) is received, a follow up login link to access the meeting will be provided via email. 

Note: Both in-person and online webinar attendance are always free for CSTA Members. **

This presentation will focus on trading idea development and evaluation using software tools. 

The MetaStock software can be used to program original ideas, however for the sake of available time, discussion will highlight selecting from existing pre-programmed ideas.  The chosen trading idea(s) can then be evaluated by quantifying whether the idea is valid and has a positive statistical edge.  This can be applied to specific trading instruments/markets, or, over a portfolio of trading instruments. 

Given the hundreds of indicators and trading strategies to choose from, how do we know which to choose? Do I want a strategy that allows me to trade several times a day? week? or year? Which fits my risk tolerance? Am I willing to take larger draw downs in exchange for larger possible returns? Or, am I a bit more comfortable with more of a “Turtle” approach as opposed to the “Hare”?

This one hour session will show you how MetaStock's Power Tools will help find the answers to your questions and reveal the best approaches that fit you. You'll discover:

  • Your 'comfort zone' for risk/reward
  • Different test results directing to the best method that works for your trading style
  • Tools to help you tweak your strategies and compare Stop and Max profit techniques
  • How to focus your technical analysis education around the methods that have worked historically on the stocks you want to trade
  • How to get automated alerts based on the system you select
  • How to scour the market quickly to find only those trades that meet your criteria

About Jeff Gibby

Jeffrey Gibby has been working for MetaStock for over sixteen years. He is currently in charge of new business development and works to create new MetaStock distributors and partners worldwide.

Mr. Gibby works with training companies to help people learn the power of MetaStock. He has spoken to traders from around the world and has trained people on how to use the software and trade various markets. Among his areas of responsibilities are the management of new products and services for MetaStock and creating strategic partnerships.

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