| StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!! | << 1 ... 81 82 83 84 85 ... 105 >>Post Follow-up |
| mesayah 658 posts msg #87189 - Ignore mesayah |
1/27/2010 4:39:55 PM so tell me if i'm wrong. you cannot make 2 consecutive long trades or short trades in a row. let's say you go long, take profit, then drops back to maybe .03 green then goes above .10 again? can you go long again? |
| stratiG 147 posts msg #87192 - Ignore stratiG modified |
1/27/2010 5:18:11 PM mesayah - Ignore mesayah 1/27/2010 4:39:55 PM so tell me if i'm wrong. you cannot make 2 consecutive long trades or short trades in a row. let's say you go long, take profit, then drops back to maybe .03 green then goes above .10 again? can you go long again? ----------------------------------------------------------------------------------------------------------------------------------------------------- Scenario 1) you go long at .10 price reaches .50 you take profits--now price returns to .10--the stats don't support another long trade because price reached .50--*if gap didn't fill, you can still trade it.--your option Scenario 2) you go long at .10 price reaches .49 you take profits--now price returns to .10--the stats support another long trade because price never reached .50--your option Do you get it? Check it out yourself, use the filter and change 100 days to 1 and count how many times the stock goes to +-.10 to +-.50 and look at the filter. The filter will say 1 even if it happens multiply times in a day. Using the MTC and Gap filters, there is only 3 plays per ticker. 1)long to .50 - only supported once 2)short to .50 - only supported once 3) long/short can only fill once, but can trade it until it fills--your option(how i traded AMZN today) I hope this helps. GS |
| mesayah 658 posts msg #87196 - Ignore mesayah |
1/27/2010 5:50:51 PM Ok. getting it more. I went to community college for 3 months so humor me. Can you show me your trades on AMZN? |
| stratiG 147 posts msg #87203 - Ignore stratiG |
1/27/2010 10:39:16 PM I didn't trade AMZN in the morning, but it was still on my radar because it never filled the gap. 
If I had noticed the move earlier, i would of shorted when the first red arrow bar broke to a new low from the previous bar. In anticipation of it going lower, but I entered late 1st red arrow. 1st red arrow) entered short trade got stopped out 2nd red arrow) entered short---winner 3rd red arrow) entered short ---winner There were no more trades left with this method. The +-.50 trades were taken on the first bar. On a side note, I wish I had a dashboard indicator to tell me what trades are left for a basket of MTC/GAP stocks. The indicator would display what stocks went to +-.50 and what stocks filled the Gap. Then you could just look at the stocks that have trades left to be made. Any help out there would be appreciated. Thanks |
| tmclaas 1 posts msg #87356 - Ignore tmclaas |
1/28/2010 7:06:15 PM stratig do you have a email where i can contact you further? Thanks Tom |
| stratiG 147 posts msg #87402 - Ignore stratiG |
1/29/2010 11:57:49 AM tmclaas - Ignore tmclaas 1/28/2010 7:06:15 PM stratig do you have a email where i can contact you further? Thanks Tom --------------------------------------------------------------------------------------------------- If it is about this method, post your questions here so we can all learn. |
| stratiG 147 posts msg #87410 - Ignore stratiG |
1/29/2010 12:42:03 PM AMZN milk anyone?????  |
| mesayah 658 posts msg #87413 - Ignore mesayah modified |
1/29/2010 12:56:40 PM will you go long Strat or are done? |
| johnpaulca 12,036 posts msg #87419 - Ignore johnpaulca |
1/29/2010 1:19:37 PM M...this method was designed to trade the openning. |
| stratiG 147 posts msg #87421 - Ignore stratiG |
1/29/2010 1:30:44 PM I didn't trade it on the open, but will short until the gap fills. There is no long trade available that would be supported by the stats. I made 5 short trades starting at about 10:10 until now. I only have a small position left and I'm done for the day. |
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