miketranz
978 posts
msg #86438
- Ignore miketranz |
1/17/2010 10:35:07 AM
The problem is with whipsaws.Why couldn't someone filter out stocks that open where they close and not cross back intra day below the open.That would be a filter you can make money with,stand alone.Chet????
|
mesayah
658 posts
msg #86446
- Ignore mesayah |
1/17/2010 2:23:46 PM
You know i'm starting to like this method but i'm worried about those days where it whipsaws at turnaround point all day. or is this insignificant considering how profitable other days are.
My other question is do you dump a bad long trade when it hits the daily open or when it hits -.10 red?
|
mesayah
658 posts
msg #86448
- Ignore mesayah |
1/17/2010 2:26:20 PM
So Stratig, have you done a comparison of scalping and letting it ride and only switching on crossover? Which comes out ahead or does it vary?
|
tmanbone
124 posts
msg #86463
- Ignore tmanbone |
1/17/2010 7:44:52 PM
StratiG are you calling your cows with this filter:
Thanks,
|
mesayah
658 posts
msg #86474
- Ignore mesayah |
1/17/2010 10:32:51 PM
I thought about that also Mike. A filter where stocks with a disproportionate lack of swinging back over open can be pulled. can anyone code that?
|
Eman93
4,750 posts
msg #86476
- Ignore Eman93 |
1/17/2010 11:32:01 PM
stratiG
- Ignore stratiG 1/15/2010 5:33:31 PM
-----------------------------------------------------------------------------------------------------------------------------------
This is a scalping method in/out usually within the first 5 minutes. I wish I was smart enough to have
figured this out on my own, but I went to Yale and studied how to make thing more complicated than they need to be. This is Master TRO's method and I am his grasshopper. I was thinking about teaching my 5 year old to push a button over her summer break, so I can add another ticker. Not sure if my wife will go for it. I think I'll bring it up over dinner tonight.
I would read the the NEVER LOSE AGAIN thread over and over again to you figure it out. All the answer are here. If you don't understand something, I'll be happy to try and answer your questions. If you need the code for NinjaTrader, I will e-mail them to you. Otherwise, the code for e-signal and Tradestration are on Kreslik.com. Good Luck.
GS
====================================================================
I have a question............ how are you trading this method?
Use TS and have all your orders auto loaded with stop limit buys and a $.10 trail?
Use stop loss buys?
What has been working for you?
Thanks
|
stratiG
147 posts
msg #86549
- Ignore stratiG |
1/19/2010 9:25:05 AM
So Stratig, have you done a comparison of scalping and letting it ride and only switching on crossover? Which comes out ahead or does it vary?
---------------------------------------------------------------------------------------------------------------------------------------------------------------
I have not done that comparison, but worth looking into.
|
stratiG
147 posts
msg #86550
- Ignore stratiG
modified |
1/19/2010 9:28:40 AM
StratiG are you calling your cows with this filter:
Thanks,
--------------------------------------------------------------------------------------------------------------
I use the filter that shows +- .10/.50. It's somewhere in this tread.
|
stratiG
147 posts
msg #86585
- Ignore stratiG |
1/19/2010 3:43:37 PM
I have a question............ how are you trading this method?
Use TS and have all your orders auto loaded with stop limit buys and a $.10 trail?
Use stop loss buys?
What has been working for you?
---------------------------------------------------------------------------------------------------------------------------
I use my Hot_Key set-up for limit buy/sell orders. I don't use a trailing stop I manually move my stop up/down.
This seems to work for me, but there might be a better way.
|
mesayah
658 posts
msg #86586
- Ignore mesayah |
1/19/2010 3:56:16 PM
I want a system for lazy mid-day people.
|