StockFetcher Forums · Filter Exchange · BOLLINGER BAND TRADING STRATEGY | << 1 ... 31 32 33 34 35 ... 39 >>Post Follow-up |
gabestogie 79 posts msg #81412 - Ignore gabestogie |
10/19/2009 9:46:34 PM kevin: Congrats. on alli. Spoke to chrisian for long time today in www.perfectstockalert.com He will be in chat for 1st hour of trading and again for the last hour There will be a lot more vidieos coming out shortly related to the BB's and other tech.information. Did you get my e-mail? Gabe |
Kevin_in_GA 4,599 posts msg #81413 - Ignore Kevin_in_GA |
10/19/2009 10:26:53 PM ALLI and ACOR were more luck than skill. No email as of this evening. Retry at kevin_mcgrath at comcast dot net |
ronun 27 posts msg #81423 - Ignore ronun |
10/20/2009 6:07:36 AM Kevin Here are the Standard & Poors and MSN top stocks (as of 10/16/09) you might want to add to your watch list: Standard & Poors Five -Star Stocks (max rating) FIVE STAR adct ahl amat amt apa arrs aste auo avt bac bmy bucy cbl cci celg ceo chd chrw chs cl coh cop csc cvs cvx d dfs dpl dpz wog esrx ew fast fdo flex fls fpl gigm gild gis glf gme gpc gpn hme hon hpq ibm itt jec jpm kmp ko len life lltc mcd mchp mck mfe mhs mo mth mtw mtl ne nyb odfl oke osk plxs ppg ptr rdy rig rnow sjm sni spg sre stt t tcb ter teva tol tot trmk trv twc ua udr uri usg vrsn vrtx win wmt wsh xom MSN 10 rating stocks (max) MSN accl adpi agnc ais algn amx anw apc api arex arun atw au baby bap becn bke bmrn bre bvn cf cfk cfnb cfsg cisg clda cnbka cnq cnqr coh colm coms cpa cpwr csx ctrp ctsh cymi dlr do dps driv dtpi dvn ebay eca eclp egn ego eig elx emn endp enh eog eqix erts esio esl ess fds fire fpu gco ge gg glf grmn gvp hcp hifs hls hmy hoc igoi isrg jbt jmp jnpr jst keyn knot lgcy lmat lps lrcx lsi lwsn mhp mir mlr mtz myl nbl ncmi ned netl neu nktr nrgp nsc nstc nuan nwsa nxy nymt ocn oln opnt osg pcti pdli pgh pjc pkg plx powi powl ppdi psem pti ptv pxd rnow rpm rrc rx sbs scl se sepr sfsf sgp skx sph tcx ter tga tho tibx tlm ts twtc udr uil ulti unf v vasc vocs vrsn vrx vsat vsec wpp wts wxs wy xto yhoo zmh Appreciate your sharing ronun |
dm1518 15 posts msg #81444 - Ignore dm1518 modified |
10/20/2009 11:38:05 AM Hi Kevin, The market seems like it is entering into a 'correction' phase, and ROVI - your screen's top pick right now - seems to be pulled down with it. I don't know if the question has been asked to you before, but In cases like this when the S&P has hit a high, would you advise going ahead and buying your screen's top pick (against the grain), or is it better to wait until the market overall (S&P) dips? --- As well, can you create a backtest and give us the results to determine which move is better? I would predict that it's better to have the force of the S&P behind you, versus against you, which would lead me to avoid buying ROVI for another 3-4 weeks (2nd week of November 2009). What do you think? Thank you Kevin. |
ronun 27 posts msg #81456 - Ignore ronun |
10/20/2009 6:26:21 PM dm1518 A good place to check the S & P 500 trend is Bulkowski"s site. Plus there is other worthwhile info. http://thepatternsite.com/Indicator.html ronun |
Kevin_in_GA 4,599 posts msg #81457 - Ignore Kevin_in_GA modified |
10/20/2009 6:35:41 PM I don't know if the question has been asked to you before, but In cases like this when the S&P has hit a high, would you advise going ahead and buying your screen's top pick (against the grain), or is it better to wait until the market overall (S&P) dips? --- As well, can you create a backtest and give us the results to determine which move is better? ++++++++++++++++++ Several people has asked this - I have not backtested to see if it makes any difference. I backtested this from 2002 forward, which contained almost every type of market, including the past year's brutal decline. Overall results still clock in at 80+% wins, average yield at 9.25% per trade, holding stocks an average of 56 days. Will selecting on and off periods for using this improve the odds? I don't know ... |
Kevin_in_GA 4,599 posts msg #81458 - Ignore Kevin_in_GA |
10/20/2009 6:39:25 PM 20 OCTOBER 2009
CONFIRMED BUY SIGNAL: VMI AWAITING CONFIRMATION: EBS, NVEC, EDU, PETS, TDG SELL SIGNAL: NONE |
miketranz 978 posts msg #81472 - Ignore miketranz |
10/20/2009 11:01:51 PM Kevin,I have a few questions.1)I'm watching VMI,which has confirmation.It broke a lower BB,now it has a green day up.Are you entered in the position already or are you waiting for next day follow through? 2)When and where exactly,would you be entering the position?3)Whats your downside risk,in dollar terms,points,percentages? 4) The 80% back test win rate has a 56 day avg holding period.Have you ever plugged in a 1-10 day holding time to see what the win rate would be?5)On the back test itself,is there any stop loss at all,in any terms?6)Whats your most profitable time frame holding period? 7)How long have you been trading this method? 8)Are you using limit orders or market orders to enter & exit? Thank you for your time.Mike.......... |
Kevin_in_GA 4,599 posts msg #81482 - Ignore Kevin_in_GA |
10/21/2009 8:14:02 AM Kevin,I have a few questions. 1)I'm watching VMI,which has confirmation.It broke a lower BB,now it has a green day up.Are you entered in the position already or are you waiting for next day follow through? 2)When and where exactly,would you be entering the position? 3)Whats your downside risk,in dollar terms,points,percentages? 4) The 80% back test win rate has a 56 day avg holding period.Have you ever plugged in a 1-10 day holding time to see what the win rate would be? 5)On the back test itself,is there any stop loss at all,in any terms? 6)Whats your most profitable time frame holding period? 7)How long have you been trading this method? 8)Are you using limit orders or market orders to enter & exit? Thank you for your time.Mike.......... ++++++++ 1. The backtest uses the open on the day following the "close above close 1 day ago" confirmation signal. 2. Buy at the open on the day after confirmation, or use a limit order if that is preferable. 3. No stop losses or trailing losses used, so the downside is whatever you are investing. In real terms, it is very unlikely that an IBD top-rated stock will drop too much. As you can see from the Open Trades I post each night on the first page of this thread, some of the stocks are down 20+% right now, but all of the closed trades are positive. It simply is based on patience. 4. No - have not tested any shorter periods. 5. None. 6. I have not looked at this. 7. Since 8/26/09 with real money. I am no longer investing in new stocks that pop up ysing this system, but am posting them for others if they want to trade. 8. A mix - sometimes I use market, others I have bought using limit orders. I like limit orders better since you have more control over your entry price. |
miketranz 978 posts msg #81484 - Ignore miketranz |
10/21/2009 8:56:55 AM Thanks Kevin.I'm going to watch and possibly execute VMI to see how this system plays out.I'll use my own risk management numbers and levels.I want to see what results come out of it from a swing trade,1-10 day holding period.I noticed you pick from IBD top rated stocks that have sold off.Good idea,at least you're buying into solid stocks.I'll keep you posted on my results.Thanks again for your help.Mike...... |
StockFetcher Forums · Filter Exchange · BOLLINGER BAND TRADING STRATEGY | << 1 ... 31 32 33 34 35 ... 39 >>Post Follow-up |
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