Thursday, November 27, 2008

Who is HPT?

Hi, I go by the name of HPT.
I use to keep a live journal of my trading on my blog and use it as a way to interact with people.
I transitioned to prop trading in 2010 and I don't blog as much as I used to.

As a retail trader, I used to use QuoteTracker and NinjaTrader for my charting software and Interactive Brokers as my stock data feed and broker. I also use to use NinjaTrader to backtest trading ideas for my automated trading system. (learn about the free automated trading system I setup with Quotetracker). As a prop trader, I mainly use trading technologies, and proprietary software for trading and research/backtesting.

I have several old trading techniques that I used to use for day trading that I go into great detail on my "High Probability Trade Setups" post.

I also have recorded videos of my live trading and put them on my youtube channel.


Anonymous said...

HPT, Thanks for all the help and videos. I know you had some rough trades in your past, but you never give up, and that's what I like about you. I can see you have become more disciplined and smarter in your trading by working on your trade signals and automated system. I look forward to watching your progress.

Anonymous said...

dude, i think i saw you at the club Thursday or that dude looked just like you man...

jdo on 1:10 PM said...

You guys should check out They've got real-time streaming stock charts with indicators and drawing tools. It's awesome.

Bloggers can also include streaming charts in their published content so readers have updated charts to refer to.


Anonymous said...


Anonymous said...

Do you have a Futures Broker other than IB that provides you the Zenfire Datafeed or are you using the Demo version of Zenfire ?

HPT on 9:43 PM said...

I have Zenfire through Mirus Futures currently. They offer a free trial period to try out there software as well as many other brokers such as AMP and Infinity.

Barteban on 3:03 AM said...

A very easy question, why yous IB and Quote Tracker at the same time?
Isn't IB supplying a full package?

I am currently using IB, but it seems tradestation is much better for Autmated Traders, any comments/advice?

Kind regards,

HPT on 7:54 AM said...

I like QT's charts. I am also using tradestation and multicharts for automated trading. I like multicharts more than tradestation, and with multicharts you can use many different data sources and auto trade through IB.

Anonymous said...

HPT, thanks for your blog and insights.
I saw you are using Ninjatrader and Quotetracker with Interactive Brokers. I do the same thing. When I compare a NQ 60 min chart on IB, Ninjatrader, and Quotetracker why do they look all different, the bars or candles never match. Can I and should I resolve the problem and if not, what chart is correct? This has always confused me. Thank you.

Busta C. Gains on 3:13 PM said...

Hi, I remember when your blowup video was posted and was just thinking about it today. I have a serious question. I trade options, mostly sell naked contracts, and I have never traded futures before and don't know much about them.

If you don't mind, I was wondering how much capital you were trading with that would allow you to lose $30k or so on a -500 point day.

I was, what I consider fairly long, into the last crash where we were down 400-600+ points multiple days and even with selling naked options my entire account was only down about 10%. 10% is a lot, but not account blow-up sized.

So, just wondering how much leverage a future trader uses. Everyone always seems to say trading naked options is like playing with hand grenades but I find it fairly stable. Thanks, I appreciate any response considering it was a losing trade for you and I know how painful that can be. Cheers.

Unknown on 12:44 PM said...

thank you for sharing your bookmarks and ideas. Please keep doing it. I am lost trader and trying to find my way

mr. bend on 3:14 PM said...


I have a personal algorithm which works. Nice track record and back tested. Would like to implement professionally and looking for a referral or other ideas.



HPT on 11:06 AM said...

Hi Mr Bend,
The best software you can buy already to use for automated trading futures that is reliable and fast is TT. You can code your strategy using TT's ADL. If you don't want to pay the TT monthly subscription cost, you can try and code it another way, either writing your own software that connects to IB (C++, C#, Java or VB), or try and use something like NinjaTrader/multicharts/quantconnect, the ladder method will take much longer to accomplish and will likely be filled with mistakes, that's why I see TT as being more reliable (strictly for futures trading). If your trading stocks and execution speed is not important (trades needs to be less than 1ms), then you can again, try something like NT, MC, QC. There are lots of other platforms and ways to automate, these are just some of the most common and popular.

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