| StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!! | << 1 ... 1 2 3 4 5 ... 105 >>Post Follow-up |
| TheRumpledOne 6,529 posts msg #67335 - Ignore TheRumpledOne modified |
9/16/2008 6:08:41 PM NO. I don't have the statistics for that. Don't see the need. All I need is THE BUY ZONE to MILK THE COWS. This is something that is LOST on most (new) traders.... YOU ONLY NEED ONE METHOD YOU ONLY NEED ONE STOCK. This makes trading SIMPLE. Much easier to MASTER the SIMPLE than the complex. |
| guru_trader 485 posts msg #67339 - Ignore guru_trader modified |
9/16/2008 10:15:16 PMThis comment got me thinking. Many websites of long-running, well-marketed, auto-traded services have a "Performance" page dedicated to showing off "actual trades and gains" over the last few days, months, years. I've often wondered about the accuracy of those numbers. Then, over the weekend, I read an article that reminded me that since their buy/sell recommendations can partially influence the direction of the trades that day, they can simply ride the waves in. As more people join their auto-trade service, more capital will move in the direction of their suggestions. The more people who join their service, the better the service works, for them. Unless they suggest otherwise, all they have to do is buy before their recommendation-to-buy and sell before their recommendation-to-sell. The end result is that their performance numbers may actually be legitimate. I know about "pump-n-dumps", but I never really thought about it in regard to the auto-traded services. |
| BuylateSellearly 29 posts msg #67341 - Ignore BuylateSellearly modified |
9/16/2008 11:26:07 PM Hi Avery, What tradestation study are you using to plot the 'mid' and 'previous close' on the chart? Never mind I found it.... |
| TheRumpledOne 6,529 posts msg #67358 - Ignore TheRumpledOne modified |
9/17/2008 9:33:16 AM
3 minutes after the open. See how FADING THE GAP works? |
| TheRumpledOne 6,529 posts msg #67359 - Ignore TheRumpledOne |
9/17/2008 9:39:20 AM
NO TRADE BECAUSE WE ARE FADING THE GAP. However a straight BUY ZONE trade is ALWAYS PROFITABLE. |
| TheRumpledOne 6,529 posts msg #67360 - Ignore TheRumpledOne modified |
9/17/2008 9:47:08 AM
GAP IS FILLED 16 MINUTES AFTER THE OPEN. MY WORK IS DONE. |
| TheRumpledOne 6,529 posts msg #67362 - Ignore TheRumpledOne |
9/17/2008 10:55:15 AM
Once gap is filled, you can trade the BUY ZONE in either direction. Don't you just love alerts? |
| jcampbell 12 posts msg #67385 - Ignore jcampbell |
9/17/2008 7:33:59 PM TRO, Thanks for showing some tricks of the trade for APPL, today used it and picked up a nice trade in a very short time. Thank you for the words and posts of wisdom that you provide. Jason Orlando, FL 407-616-7775 |
| thenakedsingularity 12 posts msg #67392 - Ignore thenakedsingularity |
9/17/2008 9:44:53 PM Trying to understand your method TRO. I might have missed some of your posts but how do you come up with where the buy zone is? You said AAPL works with BZ and MTC. How did you find AAPL? How does one find the next AAPL? What characteristics do you look for in a stock that works with BZ and MTC? Many thanks! |
| TheRumpledOne 6,529 posts msg #67393 - Ignore TheRumpledOne |
9/17/2008 10:42:48 PM campbell TRO, Thanks for showing some tricks of the trade for APPL, today used it and picked up a nice trade in a very short time. Thank you for the words and posts of wisdom that you provide. Jason Orlando, FL 407-616-7775 ==================== You're welcome, Jason. I am happy to hear you made some AAPL juice today. ==================== thenakedsingularity Trying to understand your method TRO. I might have missed some of your posts but how do you come up with where the buy zone is? You said AAPL works with BZ and MTC. How did you find AAPL? How does one find the next AAPL? What characteristics do you look for in a stock that works with BZ and MTC? Many thanks! ==================================== If you read the threads on THE BUY ZONE, MILKING THE COW and FADING THE GAP STATISTICS, you'll see all the information. How did I come up with it? Took me 2 years of analysis, trial and error. Actually, the zone part was easy. It was writing an auto trade program to take advantage of the buyzone that took most of the time. AAPL and stock like it can be "found" using the FAD THE GAP STATISTICS filter or my MILK THE COW CHECKER for TradeStation. And if you use the RUN FOREST, RUN filter that shows the columns in cents, you can find COWS that way too. Characteristics are VOLUME, VOLATILITY and DAY RANGE. That's why RIMM and AAPL are my favorite COWS. |
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