TheRumpledOne
6,411 posts
msg #46277
- Ignore TheRumpledOne |
8/9/2006 9:30:00 AM
OPTIONS?
Of course...LOL!
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TheRumpledOne
6,411 posts
msg #46283
- Ignore TheRumpledOne
modified |
8/9/2006 12:54:41 PM
Buy at market close, sell at the open the next session.
Statistics in your favor.
MAY ALL YOUR FILLS BE COMPLETE.
P.S. THEN YOU CAN FADE THE GAP... LOL!!
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estetson
9 posts
msg #46372
- Ignore estetson |
8/14/2006 5:14:33 PM
TRO,
The last filter you posted is based on this strategy, you said, "Buy at market close, sell at the open the next session. Statistics in your favor."
Okay, I can see the logic in that, and it's a very simple system to use (easier than fading the gap), but I have two questions:
1. Would it be better to take trades where the stock had the most gap ups, such as 80+ out of 100, or instead where the average gap was the highest, the MA(absgap,100) column, right?
2. Is there really any evidence to show that if a stock had a lot of gap ups or large gap ups over the past 100 days, that it is likely to continue following such a pattern in the future? I wonder whether the opposite might actually be more likely, since statistical anomalies tend to even out over time.
Any thoughts?
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TheRumpledOne
6,411 posts
msg #46373
- Ignore TheRumpledOne |
8/14/2006 7:47:18 PM
1) You pick the top stocks out of both categories.
2) NO. The stocks are on the list because they exhibit these tendencies over a period of time.
HTH.
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kliebert
17 posts
msg #46389
- Ignore kliebert |
8/15/2006 2:17:23 PM
Hey, Rump check this out...
http://www.daytradeformoney.com/
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alf44
2,025 posts
msg #46391
- Ignore alf44 |
8/15/2006 3:15:09 PM
"A.H."
Hmmmm...I wonder who that could be ?
Surely not "Avery Horton" aka "TheRumpledOne" ??? LOL
Too funny !!!
Regards,
alf44
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nikoschopen
2,824 posts
msg #46409
- Ignore nikoschopen |
8/16/2006 2:42:19 AM
Man, talk about conspiracy theory! LOL
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alf44
2,025 posts
msg #46422
- Ignore alf44 |
8/16/2006 11:22:02 AM
...was really more of a conclusion than a "theory" !
Apparently, Mark Crisp and Avery (TheRumpledOne) Horton are trying to market the "Fading The Gap" method.
Regards,
alf44
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maxxam80
108 posts
msg #46428
- Ignore maxxam80 |
8/16/2006 2:33:11 PM
its not new
I have read about filling (same thing) in many books
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alf44
2,025 posts
msg #46439
- Ignore alf44
modified |
8/16/2006 11:36:37 PM
...here's a thought for ENTRIES...
...use the "OOOPS Trade" criteria for filtering...VERY NICE..."Fade The Gap" plays !
The "OOOPs Trade" is a Larry Williams set-up...LBR also uses this really nice "Fade The Gap" trade set-up !!!
-------------------------------------
Very simply...the trade set-up IS......
...and this is from the LBR website:
"What is an "Oops" Trade?
"Oops" is an expression originally coined by Larry Williams. The setup occurs when the opening price gaps outside the previous day's range. A buy (or sell) stop is placed just inside the previous day's range in case the market then closes the gap, indicating a reversal. The trade is best treated as a scalp trade and exited before the close. This pattern has no long term forecasting value."
---------------------------------------
I love this "OOOPs" set-up !
It DEFINITELY IS a moneymaker !!!
You could EASILY use TRO's "Fade The Gap" scan...and APPLY the Larry William's "OOOPs Trade" criteria to the symbols that are returned...and make a very good living ! IMO
All in my opinion !!!
Regards,
alf44
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