| StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!! | << 1 ... 47 48 49 50 51 ... 105 >>Post Follow-up |
| johnpaulca 12,036 posts msg #70682 - Ignore johnpaulca |
1/14/2009 9:49:31 AM Morning Guys...Juice anyone. Horizontal lines at bottom of chart are from yesterday.  |
| johnpaulca 12,036 posts msg #70684 - Ignore johnpaulca |
1/14/2009 10:00:08 AM APOL...gap closed looking at reversing position.  |
| TheRumpledOne 6,529 posts msg #70692 - Ignore TheRumpledOne |
1/14/2009 4:19:47 PM
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| TheRumpledOne 6,529 posts msg #70710 - Ignore TheRumpledOne |
1/15/2009 12:04:34 PM TOP 20 COWS as of Jan 15, 2009 
CME BIDU GOOG ISRG FSLR APOL AMGN SHLD AMZN ESRX AAPL GENZ NTRS CHRW SOHU BIIB ENER CELG CEPH RIMM |
| TheRumpledOne 6,529 posts msg #70719 - Ignore TheRumpledOne |
1/15/2009 4:21:31 PM
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| mjg300 8 posts msg #70725 - Ignore mjg300 |
1/15/2009 11:59:41 PM
Stunning... |
| Eman93 4,750 posts msg #70727 - Ignore Eman93 modified |
1/16/2009 12:35:26 AM
No back test!!!! Ha These are stats for one year. Criteria: Enter only after a gap down. Buy at 0.30 above the open profit target $1.50 Sell on open of next bar running 5 min bars, You hit the profit target 61% of the time, the dollars calculated using 100 shares. Stocks used for study: AAPL ABX ANR ICE MEE MON MOS POT RIMM This is long only no shorting......... I have no stop control because I suck at C# code so it may drop below the buy zone which should triger a stop, then bounce up to the 1.50 target for a win. Dont look at the losses I cant code the stop.... so on big down days I eat the loss on the back test, which would not be the case in a live trade. What you can take from this is you have a higher prob. of hitting your profit by fadeing the gap this stat can not be derived from the MTC scan. This is why TRO says always trade the fade. This is one trade per stock per day. The back test shows a buy and hold, yet the program sells the stock at last bar of the day, so ignor the last col. This could be automated and is on my list of goals to complet by the end of the year. |
| TheRumpledOne 6,529 posts msg #70729 - Ignore TheRumpledOne |
1/16/2009 1:08:04 AM No back test!!!! Ha These are stats for one year. Criteria: Enter only after a gap down. Buy at 0.30 above the open profit target $1.50 Sell on open of next bar running 10 min bars, You hit the profit target 80% of the time, the dollars calculated using 100 shares. ====================================== Entry is at open + .10 through open + .20 in direction of fade until gap fills. Profit target is at open + .50 (for testing purpose) |
| Eman93 4,750 posts msg #70730 - Ignore Eman93 |
1/16/2009 1:12:35 AM The ideal program would set profit target with a trailing stop, set a stop loss of 0.40 cents have the abilty to re enter on the same day. sounds easy right....... The thing works on bar time scales and price sort of, if a bar closes it checks if its above or below your sell price the enters the sell order. |
| Eman93 4,750 posts msg #70731 - Ignore Eman93 modified |
1/16/2009 1:24:01 AM I know. But if it clears +.30 it gose to 1.50 61% of the time. If you change it to .20 it drops off...... I can runn it at +.20 and .50 profit it will hit the 90s but it is kind of a fake number becase the stop is not in. The stat above is, if you enter a trade at open +.30 on a gap down day and hold for a 1.50 profit....no stoploss. |
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