TheRumpledOne 6,529 posts msg #64263 - Ignore TheRumpledOne |
6/23/2008 11:13:43 PM
Alf44:
Just trying out new ideas, that's all.
The main "guts" of the filter are still intact.
Displaying different information.
Refining RFR trading into a "science".
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alf44 2,025 posts msg #64266 - Ignore alf44 |
6/23/2008 11:20:05 PM
TRO...
Just trying to skim the cream (as it were)...
Please feel free to "boil it down" for me...
Give me 2 or 3 posts (not counting the 1st post...I've read IT a FEW times) in this thread that will pull this "shrimp gumbo" together !!! tia
Regards,
alf44
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TheRumpledOne 6,529 posts msg #64271 - Ignore TheRumpledOne |
6/24/2008 2:23:29 AM
/* TRO STAT SCAN - TRAVEL GUIDE - TARGET EDITION */
Go back 1 page and look for that post.
Use it to "target" whatever stocks you like to trade.
It will give you run, pullback, drop and bounce targets.
Enter and exit accordingly.
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alf44 2,025 posts msg #64281 - Ignore alf44 |
6/24/2008 12:14:43 PM
...thanks, RumpledOne !!!
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chip 67 posts msg #64282 - Ignore chip |
6/24/2008 12:16:20 PM
TRO, on 6/23/2008 11:58:15 AM you wrote:
=============================
If daily candle is GREEN then RUN.
If daily candle is RED then DROP.
Simple.
==============================
Do you have any guidelines as to how much development
you want the daily candle to have? In other words, do you
give it X minutes, or maybe x.xx cents before deciding this
is gonna be a red or green day, not just normal open-time
bouncing around?
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TheRumpledOne 6,529 posts msg #64300 - Ignore TheRumpledOne |
6/24/2008 5:53:00 PM
NO. Not really.
Remember this is a guessing game...LOL!
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chip 67 posts msg #64306 - Ignore chip |
6/24/2008 8:02:42 PM
Thanks again for all this good stuff. SPF hit it's drop target, bounce target, and pullback targets today -- and I made another cool 2%.
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alf44 2,025 posts msg #64310 - Ignore alf44 modified |
6/24/2008 11:07:50 PM
...just trying to understand the "statistics"...
...am I correct in understanding that the "statistical targets" are based on the "5 day averages" of the various criteria ?
Is this correct ? tia
Regards,
alf44
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TheRumpledOne 6,529 posts msg #64335 - Ignore TheRumpledOne |
6/25/2008 2:58:22 PM
Alf44.. if you look at all the target filters I posted, you'll see that stats...
If you trade the stocks with the best stats, then you have a better than 50/50 stats in your favor.
You just take the 1% or 2% or more each and every day.
Simple, boring, yet profitable.
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alf44 2,025 posts msg #64409 - Ignore alf44 |
6/27/2008 12:38:42 PM
RumpledOne,
I have taken your Travel Guide - Target Edition Stat Scan...
...ADDED "20 day average" target parameters...
...in addition to...the "5 day average" stuff that you used in your original...and am observing the accuracy of these "targets"...as applied to a symlist of Broad Market ETFs ! (ie. QQQQ, QID, QLD etc...)
Too early to say...jury is still out !!!
Any perspective you would care to add on how best to implement these targets would be welcome.
Regards,
alf44
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