By reviewing any of The Sharp Plays trading content posted; you acknowledge, understand and agree to the “Trading Content Disclaimer” at the bottom of this page.
**Active traders looking to access the Financial Market Analytics (FMA) content, which provides expanded trading coverage, please CLICK HERE.**
What is The Sharp Plays Trading?
It’s all about the algorithms! Years ago I watched a documentary about Ed Thorp. The documentary discussed how Thorp used mathematics (he’s the father of modern card counting) to beat the game of Blackjack. The documentary was riveting and I was fascinated how Mr. Thorp used math to beat the casino. The most shocking part of the documentary was what I learned at the end… Ed Thorp made a little money card counting, but he broke the bank taking his math skills to the hedge fund industry! I was damn good at using math too, so I thought if Ed could find a way to unlock the code of the markets, I could too… or at least I would give it a shot!
So, I decided to see if I could put together my own trading algorithm. I had created successful algorithms for sports, why couldn’t I do it for the financial markets? To make a very long story short, over the next several years it was my pet project to put together a quality trading algorithm. I read books, talked to people I knew in finance, and eventually my model began to take shape. As with any model…it initially failed. However, you can learn a lot in failure, and I did. I kept plugging along until I met a very successful options trader in one of those chance meetings. We chatted about algorithmic trading and I explained the model I was creating. He said he would take a look. Well, one meeting turned into several and my model took off thanks to his insights. Normal model evolution occurred in the years that followed, and here I am today.
My financial trading model scans every position in a market. The model uses thousands of variables and runs those variables through 62 different calculations. Each of the calculations is an analytical tool in itself. The algorithm takes those thousands of variables, the results from those 62 different calculations and rates the position on a Bullish to Bearish scale to provide a position assessment. The scale is simple Bearish 5-4-3-2-1-0-1-2-3-4-5 Bullish. A Bullish 3,4,5 is a position I consider trade worthy to go long. A Bearish 3,4,5 is a position I consider trade worthy to go short. Different metrics within the algorithms help to further filter the potential trade selections. The results speak for themselves and this simple scale has directed all my trading activities for almost 15 years.
Trading content was going to be something I eventually launched down the road. Well, COVID sped up that launch. When the world stopped in March 2020, I decided to fast track the trading content to fill the gaps left by sports. Since then, the trading content has been a tremendous success across the board…whether free or paid trading content…it’s been a grand slam! Trading provides the action we all desire as gamblers, but trading is a nice twist from sports wagering. Instead of the instant gratification of sports betting, trading the financial market often plays out over multiple days, weeks or even months. It can be a nice change of pace, while still providing some excitement and action.
Curious to see the algorithm in action? Check out the free TSP Trading Channel on Telegram at t.me/tspfma! I regularly update the channel with a brief market commentary and algorithm calculated support and resistance levels for the S&P 500. I also discuss trades I am making from time to time on the channel. The TSP Trading Channel on Telegram is well worth the price of admission…it’s FREE!!
Where are your trades listed? How has the TSP Trading Content Performed?
A breakdown of any currently open Twitter/Telegram positions along with the full trading content performance (free and paid) is updated daily on The Sharp Plays Trading Performance page.
How is the TSP Trading Content Delivered?
While some publicly posted trading content is discussed on Twitter, the primary platform for publicly posted trading content is FREE on the TSP Trading Channel on Telegram at t.me/tspfma. The Financial Market Analytics subscription at TSP.Live/fma is the paid subscription for trading content. Thanks for checking it out and good luck in your trades!
TRADING CONTENT DISCLAIMER –
The Sharp Plays, @TheSharpPlays on Twitter and this Web Site (collectively referred to hereafter as “TSP”), is published as an information service and it includes opinions as to buying, selling and holding various stocks, investments, and other securities. However, the publishers of TSP are not brokers or investment advisers, and they do not provide investment advice or recommendations directed to any particular subscriber or in the view of the particular circumstances of any particular person. The information provided by TSP is obtained from sources believed to be reliable but is not guaranteed as to accuracy or completeness. Visitors to TSP or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so.
At various times, the publishers and employees of TSP may own, buy or sell the securities discussed for purposes of investment or trading. TSP and its publishers, owners and agents, are not liable for any losses or damages, monetary or otherwise, that result from the content of TSP. Securities discussed by TSP should be considered speculative and contain a high degree of volatility and risk.
Trading securities and options involves risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Futures traders must review a copy of the Risk Disclosure Statement for Futures Contracts. Investors need a broker to trade securities & options and must meet suitability requirements. Past results are not necessarily indicative of future performance. Performance figures are based on actual recommendations made by TSP. Due to the time critical nature of stock, options, future, or other trading, brokerage fees, and the activity of other subscribers, TSP cannot guarantee that subscribers will mirror the performance stated on our track records or promotions. Performance numbers shown are based on trades subscribers could enter based on our guidelines.
The results posted for TSP are hypothetical. Results are based on the price when the position was published by TSP, and the price when dropped by TSP. TSP cannot guarantee that any person bought or sold the actual security for the prices listed on the Web Site. Investors may receive greater or lesser returns based on their trading experience and market price fluctuations. The prices listed are for reference only and are in no way intended to represent an actual trade, entry price or exit price.
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