I began my career in the securities industry in 1980 as a stock broker for several firms in Boulder and Denver, Colorado. During these years, I participated in investment banking, venture funding, wholesale market making and of course trading.
In 1990 I started an investment advisory firm here in Santa Barbara, Ca. focusing on growth investing. I started a pure technology fund during the bear market of 1994 believing that technology would be the driving force in our economy. CyberFund was one of the first crossover funds that invested both in public and private technology companies. I retired from the money management industry in 2003.
I have always been fascinated by price behavior and technical analysis. I designed all of the computer based analytical systems my firm used to manage over $250 million in our client portfolios. While we either added or removed core positions based upon the company’s fundamentals, our software was responsible for telling us when to be buyers and sellers.
What makes my software so different is that it is not price based–no moving averages, no channels, no candlesticks and no trend lines or charts with lines moving out in all directions. My software is designed to identify reversals in price which lead to larger profits.
Based upon my experience in market making and as portfolio manager/trader, I designed software that could identify certain characteristics that appear in the tape. As market makers, we typically saw both sides of the trade, and as portfolio managers, we certainly knew which trades were ours. This information is there on the tape if you know what to look for. I designed the Accumulator in 1998 to read the tape in these ways and it has been working for me ever since, even more so now as HFT and algorithmic trading systems have turned the tape into a torrent of information.
In 2009 I started offering my software on a subscription basis to individual investors and traders. I began writing the Delineator Journal during the day to help my users learn how to use my software, its disciplines and provide insights into the market I’ve learned over 37 years.
My software takes time to learn and I am dedicated, as my users will tell you, to helping them be successful. If you’re looking for a black box that spits out money, when you find it, please let me know. Being consistent is hard work and the only black box that does work is the one between your ears.
I have a diverse group of users, but we all share a common goal: Consistent profits. My Delineator and Accumulator programs have proven their worth to me since 1998, through all types of markets.
Personal Impact On Me As A Trader:
Steve in many ways, whether he realizes or not, has had a profound impact on me as a trader and really helped me see another way to trading. I find Steve’s software, or as I like to refer to it as, “Steve’s Brain”, an unique perspective on markets. He has created, in my humble opinion, the ultimate edge. His software as a whole cannot only predict the trend with relative accuracy but his accumulators give thee average person the ability to see inside the market, down to the ticker level. With his accumulator software he can see when there is institutional interest, Algo interest or both. As well as general market pressure. Its quite incredible how accurate it is and over the long time horizon, I can see how Steve has been consistent in his approach towards markets with this kind of detail at his finger tips. In a lot of ways I am absolutely dumb founded, how someone can offer something like this and yet so few people take advantage of it.
The reason I was even drawn to HFT or Steve, was really because the way in which Steve talks about markets. It resonates with a lot of my core beliefs as a trader and his wisdom about markets out paces most traders I know. I have given the interview at the top and you will see what I mean. He is very positive on the U.S. and he believes, that Algo trading has evened the playing field and the market is skewed in our favor. Two truths, I firmly believe in. Although our styles are different and some of our philosophies about markets differ, there is one universal truth, which is, we are very much a like. Over the long haul, I only hope I can create something as great as Steve has and have as much success as he has had.
Overall he is a great guy, with over 25 years of experience trading markets and he also is a great mind. If you trade the futures market, ETF’s, or even just normal equities you will see that Steve has something for you. He will open your eyes to a lot of truths about markets, that no one ever seems to understand. So give his system a try. Glean what you can but overall I think you wont be disappointed.
The learning curve is steep, but overall I think most will enjoy it.
Here is a link to Website: http://www.hftalert.com/
An Introduction To His Software: