daytrader培训课程.doc

04化工ASH DD DOW ROH 13矿产ACI ATI BTU CCJ CLF CMC FCX MEE MT PCU SID TS WLT 27贵金属油气ABX APC AU BHI BP BVN CHK COP ESV FST FTO HAL HK KGC KWK MRO NE NOV PBR PCZ PDE PXD SU TSO VLO XOM XTO 18工业产品 01初级产品WY 05建筑CTX CX DHI NCS PHM 07机械ABB CAT DE DOV EMR IR ITW 02环保RSG WMI 03航空航天，国防BA HON RTN 20消费品 05商用GIS JCI K OI PEP 08日用AVP FO HAS HOG KMB LEG MAT PG 07食品ADM CCE DF HNZ KFT KO PBG 14技术 00互联网 01其它技术TMO 04电子ADI APH TXN TYC 02计算机HPQ IGT 02软件BMC RHT 05通信GLW PCS T VOD VZ 96服务 32服务 01出版TV 04商务FIS HRB OMC SAI 03运输CAL CSX NSC 17零售批发ABC AEO ANF ARO BBY BID CAH CVS FDO GME JCP KSS MCK SVU TGT WAG WMT 07餐饮娱乐CCL DIS EAT HOT MCD MTN YUM 38金融 08保险AFL ALL LNC MET MFC MMC PGR UNM 02信托HCP PCL 02房产CBG CIM 08投资AMP BAM IVZ JNS LM MS NLY NYX 18银行AF AXP BBT BK COF EFX FHN JPM KEY NAL NYB RY SLM STI TD UBS USB WFC 05公用事业D NU PCG SO WTR 17医疗保健ABT BMY CI CVH DNA FRX GSK HNT HUM JNJ LLY LNC MRK SGP STJ UNH WCG 04综合GE MMM TXT UTX 一般我个人认为操作美股有很多种技巧，当然在这里我说的是DAYTRADER的操作手法，至于美股的长线操作方法我们在这里是不说明也不操作的，我这里的这些解释主要是给作为DAYTRADER的一些成长比较快的操作手法。因为具体原因这里就不图解了，就在这里解释下基本操作方式。一， 美股操作中的整数防线操作，无论是个股的上涨或者下跌 在这个过程中整数位置是个关键关口，一般来说对于股票价格相对较低的位置都会形成比较强的防守和阻力，股票价格相对比较高的在大整数位置会形成阻力位置，当然有的时候这些票的突破是很强烈的但是之后肯定会急剧拉回防守或者支撑，一般这种股票操作我认为是在这个之外的0.2美圆以外摆放单 这样的形式或许更好操作 ，当然这个只是对于SHAT DOWN比较低的人来说的二，这里要谈的是最危险也是当时下最流行的一种交易技巧，这种操作有很明显的表现，就是在LEVEL1或者2的价格当中有空价格 而且放不上，就是因为这种出的快的方式，我们一般采用快进快出的动作来操作，但是这样的操作往往是跟趋势反响的，我个人认为这种操作风险性非常高建议操作者谨慎处理三，刷单 也叫压单这种操作方法国内很多操作的DT都会 ，一般来说旧的操作方法是用名单大手数，在两边对压控制一定的区间形态，在这个区间内活动，这种操作方法不适合大手数一般来说不能超过5手以上当然个别票的也是很难说的四，K图分析 这个需要做的就是把一些数据分析自己看懂判断好需要很专业，并且注意力集中，要联系个股走势跟QQQQ和SPY的走势五， 补仓操作这个操作手法 我的意见是一避免趋势操作，要是趋势出来的话，补仓行为就会成为一种拖累，增加你的亏损而六，敲单行为这个主要是有大手数明单出现的时候有压单的意思的时候，敲掉他，一般来说敲单成功都会往上或者下走0.1美圆以上这个行为适合胆大者操作其次 ，我在这里解释下美股交易当中有很多方式和原则，追求操作的方式也不同，有稳健操作的也有激进操作的 要根据个人的实际情况操作。A股的操作很多技术跟美股有相同的地方但是也有很多地方是不同的，大家在做股票的时候不要把A股的技术拿到美股当中，要结合起来做观察两者的不同之处和相同的地方不是赢利或者平出 Basic Trading Strategies (short period of time)Websters defines stochastic as involving or showing random behavior. A quick check of its Greek roots shows that it comes from a word that means target or aim. Literally, pointed stake.The stochastics used to measure the markets attempt to put a stake in at those points where they are overbought or oversold. The random behavior they attempt to measure is this: Markets in an up trend tend to close closer to the high than the low, and vice versa.The two lines in any stochastic are both moving averages. To calculate a stochastic, you must first decide what the period will be. A period is defined as the number of bars on any given chart used to calculate the stochastic. In this strategy, we use a period of 14, meaning we are using the last 14 bars to calculate the stochastic.Once we have our data set at 14 periods, the first moving average is calculated. It is called %K. %K is just a moving average of the 14-period data set. %D is the next line in the stochastic, which is a smoothed moving average of %K. In shorter terms, the %D is a moving average of a moving average.The stochastic oscillator available with the eSignal application used in this strategy does a comparison, based on a mathematical formula, that shows where a security closed in relation to the price range of that security over a specified period of time. The three variables of the oscillator formula (as used in the eSignal stochastic) are defined* as follows:%K Periods (Length, in eSignal)- Number of time periods of the stochastic calculation (In eSignal, this is the first %K study property.)%K Slowing Periods (Smoothing, in eSignal)- The variable that, depending on the value used, controls the internal smoothing of %K (for example, 1 = a fast stochastic; 3 = a slow stochastic) (In eSignal, this is the second %K study property.)%D Periods (Length)- Number of time periods in a calculation of a moving average (%D) of %K. (In eSignal, this is the third study property, %D.)*As defined in Technical Analysis from A to Z by Steven B. Achelis (New York: McGraw-Hill, 2001), p. 321This strategy makes use of stops, both protective (to help minimize your risk if the trend reverses) and trailing (to help you keep any profit youve made by lagging behind the days prices; the trailing stop also has a protective component).Identify a market in any timeframe whose stochastic is 80. Study Properties/Explanation14138020%KLength %KSmoothing %DUpper bandLower bandClick the image for a larger view. * Wait for a 1-2-3 rally.Study Properties/Explanation3 higher highs or any combination of 2 higher highs and an inside bar *Click the image for a larger view. * On bar 4 only, sell 1 tick below the bar 3 low.Click the image for a larger view. * Your initial protective stop should be near the bar 3 high.Click the image for a larger view. * As the position moves in your favor, trail your stops. Click the image for a larger view. * *The example charts are using ES, the symbol for the E-Minis.*An inside bar is one that has a range within the range of the previous or next bar. (So, the example charts here show the inside bar as having the same high as the previous bar but a low that does not go as low as the previous bars low.)Linear RegressionLinear Regression is an charting tool using the least-squares fit mathematical method to statistically plot a best-fit straight line through the exact middle of the prices over a given period of time. A Linear Regression trendline shows where an equilibrium or mid-point price exists.General Overview of the Linear Regression ToolLinear Regression identifies when prices overextend from a median point. The distance a price migrates above or below a linear regression line indicates the extreme buying or selling perspective from the average point.The slope of the line is called the midpoint or median line. The midpoint or slope of a line is determined by the calculation method. In eSignal, the close of a data bar is the default value used for the linear regression calculation.Linear Regression Channels are parallel lines that are a standard deviation away from the linear regression line on either side of it. These lines are also called confidence bands. They act as support and resistance lines.Statistically, linear regression channel lines should contain price movement. The percentage of price containment depends on the standard deviation used. Prices may extend outside the channel lines for a brief time. However, if they remain outside the channel, it suggests that, either an existing trend is accelerating or a possible reversal in trend is growing.The space inside the channel is where the equilibrium exists, where price may deviate from the linear regression line yet stay within the existing overall trend.Setting Standard DeviationsTrading effectively using Linear Regression requires setting appropriate standard deviations. Use parallel lines as support and resistance confidence bands spaced equally on either side of the regression line.Standard deviation settings vary based on the slope of the existing trend. Experimentation suggests that a standard deviation setting of 1 is too tight for trading in normal conditions, and a setting of between 2 to 3 is effective. A setting of 5 can be used in extreme range scenarios.In addition, the number of bars used in a calculation also determines how well the Linear Regression fits the immediate price trend pattern. The more data bars in a calculation, statistically speaking, the better the fit. Aggressive Number of Bar settings used include 60, 70 and 90. The eSignal default set to 0 means all data is used for a Linear Regression calculation.While there are several ways to trade using Linear Regression Channels, this strategy focuses on using the following settings: Source = Open, Number of Bars = 0, Standard Deviation = 2.The eSignal Linear Regression Channel Trading Strategy: The SetupA simple trading strategy is to set the standard deviation to 2, look for a stock trading in a trend and trade the extreme Linear Regression Channel swings. To use this strategy, make the Linear Regression median line your first target. In a best-case scenario, use the opposite linear regression channel line as your second target. Use the outer channel lines and price pivot as an initial stop loss, trail stops appropriate to the position and, as price approaches targets, tighten your trailing stop.NOTE: Use this setup for the Sell Strategy and the Buy Strategy described subsequently.Right click on an eSignal chart to activate the main menu and select Basic Studies from the menu. Click the image for a larger view. Select Linear Regression. Click the image for a larger view.Adjust the settings in the Linear Regression basic study window as follows: Source = Open, Number of Bars = 0, Standard Deviation = 2.Click the image for a larger view. Linear Regression Channel Trading Strategy: The Sell StrategyA.Find a trending stock that has not exceeded the upper channel until now.B.Sell the extreme price swing at the upper outer linear regression channel.C.Place the appropriate trailing stop above the highest price bar spike at the upper channel. (The reward potential for the risk taken should be 1.6 or greater.)Click the image for a larger view. A.Make the linear regression median line your first target.B.Make the lower channel line your second target if the price trades through the median line.C.Maintain an appropriate trailing stop for your position.D.Once your initial target is met, tighten your trailing stop.E.If the price continues through the median line and approaches the lower regression channel line, prepare to close the position out as it exceeds initial expectations.Click the image Linear Regression Channel Trading Strategy: The Buy StrategyA.Find a trending market that has a major pullback in progress.B.Buy the extreme price swing at the lower outer linear regression channel.C.Place an appropriate trailing stop below the lowest price bar spike at the lower channel. (The reward potential for the risk taken should be 1.6 or greater.)Click the image for a larger view. A.Make the linear regression median line your first target.B.Make the upper channel line a secondary target if the price trades through the median line.C.Maintain an appropriate trailing stop for your position.D.Once your initial target is met, tighten your trailing stop.E.If the price continues through the median line and approaches the upper regression channel line, prepare to close that position out; it has exceeded expectations. Click the image for a larger view.、by Ken Calhoun (Daytrading University) Wilders Directional Movement (ADX/DMI) indicator provides a combined volatility and trend signal indicator that helps identify breakout trends and trend exhaustions. An eSignal charting tool, it can be used in combination with other indicators, most notably volume changes, to gauge the relative strength of breakout moves as they are occurring.The strongest signal of the ADX/DMI indicator is found when combined with a corresponding increase in volume bars as the ADX approaches and gets above 40.General Overview of the Directional Movement (ADX/DMI) Tool The ADX-DMI combines three indicators that describe the relative strength of trends, as well as provide exit signals for exhausted patterns. Like stochastics, it is used in both entry and crossover exit trading strategies. The three components of the ADX/DMI include:1.The red ADX line, which indicates the trend of the market. ADX assumes trading significance once it gets over 40.2.The +DMI measures the strength of upside pressure.3. The -DMI measures the strength of downward pressure.Note that the Step Parameter may also be varied; the eSignal default of 14 is preferred. You may experiment with this value for curve-fitting purposes, much like the MA Step Parameter.A basic +DMI/-DMI buy signal occurs when the (green) +DMI line crosses up over the (blue) -DMI line.A basic +DMI/-DMI sell signal occurs when the (blue) -DMI line crosses down over the (green) +DMI line.In addition, the ADX is used to measure the relative strength of the current trend, known as the directional change. When the ADX is rising over 40, the issue is in a strong trend; when it is in the 10 - 30 range, the trend is weak.Combining this understanding of the ADX/DMI indicators with an understanding of volume bar increases forms the basis of an effective breakout trading strategy. Other factors that add strength to entries include monitoring the relative strength of the sector being traded and trading only when the composite index is outside of the previous days trading range at the time of entry, on a new two-day high/low breakout.Adding ADX/DMI Indicators to Your Charts For any standard chart, go to the Analytics menu (Chart Options/Properties/Analytics) and double click on Directional Movement (ADX/DMI) from the Analytics Set-Up menu.Click the image for a larger view. Adjust settings as needed (line colors, step parameter). When set up correctly, the ADX/DMI lines appear in an area underneath the volume bars.Click the image for a larger view. A.Find a stock that has the (red) ADX line between 30 and 40 and for which the +DMI line has recently crossed to the upside over the -DMI line.B.Check that the average size of the most recent 5 volume bars (e.g., 15-minute volume bars for swing trading, 1-minute volume bars for day trades) are at least 30% greater in size than the preceding volume bars. (Example: If volume bars 7 - 8 periods ago were 100K, it is preferred that you see 130K+ size volume bars at time of entry.)C.Confirm that the ADX line is making its first move over the 40 value and is not in the process of pulling back or retesting the 40 on a subsequent move after an earlier breakout.Click the image for a larger view. A.Buy the first higher candle/bar thats breaking out as the ADX gets over the 40 value on increasing volume.B.Set an initial stop at the low end of the price that the issue was trading at when the ADX broke over the 40.C.As the position moves in your favor, trail a protective stop at the low end of the prior bar/candle.D.ADX-based stop (breakout entries): For breakout wins, trail a stop at the point at which the ADX line loses 5 points (Example: If the position was initiated when the ADX was at 42, and it subsequently trended in your favor to 63 before starting to flatten out, trail a stop for the issue being trading at the point at which the ADX drops back to 58.)ADX-based stop (trending exits): If in an open position in a slow-trending stock and the price action starts to flatten out, exit the position immediately if the ADX starts to lose 40 because this helps confirm the loss of the trend.E.Volume-based stop: Confirmation for all exits occurs if the most recent volume bars start to lose 30% or more of their value as the issue continues to trade. A.A. Identify an issue that is taking out new multi-day low (2-day low for day trades, 5-day low for swing trades) and for which the ADX line is between 30 and 40.B.Check that the (blue) -DMI line has recently crossed to the upside over the (green) +DMI line.C.Confirm that volume bar size is increasing to at least 30% greater than the immediate past volume bar size.Click the image for a larger view. A.Sell the position short once the ADX gets over 40, and the stock is taking out a new low on increasing volume.B.Trail an initial protective cover stop at the previous days low.C.As the position moves in your favor, trail a protective stop at the high end of the prior bar/candle.D.Use the same ADX and volume-based trailing stop strategies as described in the buy strategy because the ADX/DMI and volume indicators are identical.Combining ADX/DMI with volume bar increases helps to identify both the emergence of a new breakout entry and the flattening of a trend, once the ADX drops to under 40 and volume starts to decline. Using these technical indicators together as a system can help filter out false breakouts and ensure that breakout entries are the strongest at the time of entry. Click the image for a larger view.BOLLINGER BANDS OverviewBollinger Bands are similar to moving average envelopes. The difference between Bollinger Bands and envelopes is envelopes are plotted at a fixed percentage above and below a moving average, whereas Bollinger Bands are p