WTSUG – Washington DC TradeStation Users Group

Technical and system traders in the capitol region

WTSUG Meeting – September 25, 2013

The next WTSUG meeting will be held Wednesday, September 25, 2013 from 7:00pm to 9:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

SEPTEMBER 25 TOPICS:

7:00pm – 7:15pm Introductions and Opening

The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

7:15pm – TradeStation 9.1 Updates

Bob G. (“Goose”)

In this session, WTSUG TradeStation expert Bob G. will discuss/demo the latest updates in the TradeStation platform as well as take EasyLanguage and TradeStation usage questions, including the new Object-Oriented EasyLanguage. Bob is an incredible resource, so come prepared with questions to discuss!

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  • WTSUG Meeting – August 14, 2013

    The WTSUG meeting on Wednesday, August 14, 2013, was held from 7:00pm to 9:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

    AUGUST 14 TOPICS:

    7:00pm – 7:15pm Introductions and Opening

    The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

    7:15pm – TradeStation Updates & Group Discussion

    In this session, we’ll discuss the latest developments in the TradeStation world as well as what’s going on for the traders in the group. Come prepared for a group discussion, and look forward to seeing you!

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  • WTSUG Meeting – June 26, 2013

    The WTSUG meeting on Wednesday, June 26, 2013 was held from 7:00pm to 9:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

    JUNE 26 TOPICS:

    7:00pm – 7:15pm Introductions and Opening

    The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

    7:15pm – TradeStation 9.1 Updates

    Bob G. (“Goose”)

    In this session, WTSUG TradeStation expert Bob G. will discuss/demo the latest updates in the TradeStation platform as well as take EasyLanguage and TradeStation usage questions, including the new Object-Oriented EasyLanguage. Bob is an incredible resource, so come prepared with questions to discuss!

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  • WTSUG Meeting – January 23, 2013

    The next WTSUG meeting will be held on Wednesday, January 23, 2012 from 7:00pm to 8:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

    JANUARY 23 TOPICS:

    7:00pm – 7:15pm          Introductions and Opening

    The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

    7:15pm –                          Practical Object-Oriented EasyLanguage Examples – Part II

    Bruce DeVault

    In this session, we’ll cover some practical Object-Oriented EasyLanguage examples, including using a form with buttons to control an indicator or strategy, data access and order placement.

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  • WTSUG Meeting – 13 November 2012

    The WTSUG meeting on Tuesday, November 13, 2012 was held from 7:00pm to 8:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

    NOVEMBER 13 TOPICS:

    7:00pm – 7:15pm          Introductions and Opening

    The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

    7:15pm –                          Practical Object-Oriented EasyLanguage Examples

    Bruce DeVault

    In this session, we’ll cover some practical Object-Oriented EasyLanguage examples, including using a form with buttons to control an indicator or strategy, data access and order placement.

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  • WTSUG Meeting – June 6, 2012

    The next WTSUG meeting will be held on Wednesday, June 6, 2012 from 7:00pm to 8:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

    JUNE 6 TOPICS:

    7:00pm – 7:15pm          Introductions and Opening

    The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

    7:00pm – 7:15pm          Rocket Science Made Easy w/ Mel Dickover

    In this session we will use a Digital Signal Process (Ehlers) Market Model to explain the following trading issues:

    •       The essential nature of the market, how to recognize when its nature changes, and how to trade it accordingly

    •       When not to trade, and why

    •       When to use what indicators, and why

    •       What parameters to use in those indicators, and why

    •       How to make indicators predictive, not lagging

    •       Why whipsaws happen, and how to avoid them

    •       Where patterns come from, the conditions that make patterns fail or succeed, and how to recognize them

    •       Why using multiple time frames works sometimes and not others, and how to use them so that they always improve your odds

    Then, we will show setups to trade the model.

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  • WTSUG Meeting – May 2, 2012

    The WTSUG meeting on Wednesday, May 2, 2012 was held from 7:00pm to 8:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

    MAY 2 TOPICS:

    7:00pm – 7:15pm          Introductions and Opening

    The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

    7:15pm – TradeStation Update

    Bob G. (“Goose”) on Live Remote from sunny Florida

    Resident TradeStation expert Bob G. will give an update on the latest developments and knowledge gained on the TradeStation platform, and take questions from the group. Time will be made for group discussion, so bring your questions!

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  • WTSUG Meeting – April 4, 2012

    The WTSUG meeting on Wednesday, April 4, 2012 was held from 7:00pm to 8:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

    APRIL 4 TOPICS:

    7:00pm – 7:15pm          Introductions and Opening

    The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

    7:15pm –                          Strategy Design 104 Bruce DeVault

    In this follow up to the WTSUG 2011 strategy design series, we’ll take a look at the ABC pattern strategy we’ve been working on as a group. We’ll go over some modifications to the previous strategy and how to test and filter the trades, evaluate what we have so far and how to take the strategy further from here.

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  • WTSUG Meeting – November 9, 2011

    The WTSUG meeting on Wednesday, November 9, 2011 was held from 7:00pm to 8:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

    NOVEMBER 9 TOPICS:

    7:00pm – 7:15pm          Introductions and Opening

    The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

    7:15pm –                          Strategy Design 103
    Bruce DeVault

    In this follow up to the WTSUG 2011 strategy design series, we’ll take a look at the ABC pattern strategy we’ve been working on as a group. Please bring your ideas for how to filter the strategy and test results from trying it out, and we’ll go over some of the group’s findings and ideas, and evaluate what we have so far and how to take the strategy further from here.

     

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  • WTSUG Meeting – October 26, 2011

    The WTSUG meeting on Wednesday, October 26, 2011 was held from 7:00pm to 8:30pm at Potomac Library of Montgomery County, 10101 Glenolden Drive, Potomac, MD 20854.

    OCTOBER 26 TOPICS:

    7:00pm – 7:15pm          Introductions and Opening

    The group will give brief introductions to the group for any new attendees. Time will be made available for dealing with membership dues and any other minor administration items, but not to exceed 15 minutes in total.

    7:15pm –                          Live Remote Presentation: Traders’ Toolbox
    Jan Arps

    Jan Arps literally learned to trade at his father’s knee, drawing stock charts by hand for his engineer father, who was a Technical Trader. As a kid, Jan’s neat hand made the daily entries on his father’s charts. He learned to use a slide rule in grade 6. He soon became a whiz on Dad’s Frieden mechanical calculator. Pop traded up to an electronic model Frieden in 1958 ($3600 in 1958 = $48,000 in 1998). We’re talking about a serious trader!

    The rest of Jan’s story is testimony to a life-long career as an early adapter, applying complex mathematical concepts to markets…..A career uniquely structured to take ongoing advantage of the explosion in computer power and its impact on making money for traders. When Jan graduated from high school, Caltech and MIT were the two top engineering schools in the USA. They remain 1 and 2 today. Jan was accepted by both and chose Caltech. He financed his tuition with trading profits. He graduated with a Mechanical Engineering degree and was recruited by Shell Oil Company to prospect for oil in the Louisiana Oil Patch. After 3 years of on-the-job experience, he took off his hard hat, applied for and was accepted into the Harvard MBA program.

    One of his final year MBA courses at Harvard was “Management of New Enterprises”. A course requirement was the creation of a business plan for a specific new venture. Jan authored a plan for an oilfield service business providing real-time sub-surface telemetry analysis to drillers assessing potential pay zones.

    Upon graduation he opted not to enter Corporate America as an anointed Harvard MBA but went out and found the financing to execute his “term paper” business plan. Arps Corporation grew to a multi-million dollar business that was ultimately acquired by the Baroid Division of National Lead. (Today the subsurface telemetry business has mushroomed into a 3 billion dollar industry.)

    Jan had always wanted to trade full-time. Now he had “size” trading capital. From the late 60’s through the 70’s, Jan was a combination Trader and Venture Capitalist, specializing in the technology sector.

    The organized option markets of today did not exist then. He became on of a handful of option writers in the USA. He responded to the needs of large brokerage firms, whose clients pioneered using puts and calls as part of sophisticated hedging strategies. Black-Scholes didn’t exist then — it was every man for himself. Writing options is not for the meek; ask Victor Niederhoffer.

    During this time, Jan discovered the futures markets and acquired his first Apple II personal computer. He began converting his own trading strategies to PC software. He traded his way through the 80’s, focusing on the futures markets while managing other technology investments.

    In the mid 1980’s, Microsoft Windows was beginning its reign. By 1991, newly designed trading platforms, known as trading assistants, were beginning to open the world of Windows-based intraday trading to individuals. Now individual traders could compete with the pros on a relatively level playing field. By 1992 Jan had left behind his technology investments to concentrate on trading and converting his own trading ideas and those of others into systems and indicators that exploited the many features of these platforms.

    Today, Jan has clients around the world who ask him to convert sophisticated trading concepts into trading solutions. In addition to having created an impressive array of original trading studies, he has also translated published concepts of many great traders. Jan offers a library of hundreds of studies to traders worldwide through his company, Jan Arps’ Traders’ Toolbox.

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