TheRumpledOne 6,411 posts msg #56077 - Ignore TheRumpledOne modified |
10/27/2007 12:42:18 PM
I am editing this first post and adding in the filters I like to use.
I was hanging out in Muddy's chat room this week. Muddy's a master at selecting and trading stocks that run..."Day Runners".
The "Run Forest, Run" filter shows how many times a stock ran a certain percentage over the last 100 days.
Column 04_09 is the number of times high minus open is between 4% and 9%.
Column 10_19 is the number of times high minus open is between 10% and 19%.
Etc...
The VolCnt column shows how many days the stock traded above 50,000 shares. This helps identify thinly traded issues.
The VolZero column shows how many days the stock traded 0 shares. This also helps identify thinly traded issues.
===================================================
end original post
===================================================
additions follow below
===================================================
|
TheRumpledOne 6,411 posts msg #56078 - Ignore TheRumpledOne modified |
10/27/2007 1:09:32 PM
This version has "picky" selection criteria.
C0010 above 20 means that you can make 4% or better more than 20% of the time.
|
13th_floor 724 posts msg #56108 - Ignore 13th_floor |
10/28/2007 12:26:12 PM
TheRumpledOne,
Thank you,thank you.
These 2 filters are awesome.
Had I had these 2 years ago I would have saved literally a few hundred hours charting for the "runners".
These filters may only appeal to a handful of folks here on SF but to those of us that are momo players this as I said is AWESOME.
The info contained in these filters is a goldmine to me,Thanks again!
|
TheRumpledOne 6,411 posts msg #56109 - Ignore TheRumpledOne |
10/28/2007 1:21:35 PM
You're welcome.
|
TheRumpledOne 6,411 posts msg #56112 - Ignore TheRumpledOne modified |
10/28/2007 3:27:27 PM
|
klynn55 747 posts msg #56124 - Ignore klynn55 |
10/28/2007 9:16:38 PM
13th : please explain why these filters are so valuable, how do you use? Be a help to the ignorant!
|
TheRumpledOne 6,411 posts msg #56125 - Ignore TheRumpledOne |
10/28/2007 9:32:01 PM
I am just running statistics.
It's nice to know ( at least for me ) how many times a stock has gone up 5%, 10%, 20%, 50%, 100% in the past 100 days.
I would prefer to trade the stocks that move the most.
But the filter doesn't matter, one still has to trade. My "edge" is in the statistics.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT.
|
TheRumpledOne 6,411 posts msg #56127 - Ignore TheRumpledOne |
10/28/2007 9:56:28 PM
|
13th_floor 724 posts msg #56128 - Ignore 13th_floor |
10/28/2007 10:30:01 PM
klynn55,
A few years back I was told by Muddy if I wanted to trade momo stocks successfully that I had to put the risk/reward way on my side to find the stocks that showed the bigger white candles spaced throughout their charts.
So this is what I did over a long period of time.
It took many many hours of long research.
Now I know a whole slew of potential runners.
But if I had these 2 filters back then it would have been so easy.
Now I can track new ones that come up every now and then that I don't know as of yet.
It is also valuable to know the exact amount of times the stock runs 4%+,10%+,20%+ etc.
As I was taught to do, I run the 8% up and 8% down filter every night,the high dayranger list every weekend, former runners I have learned (especially the lower float ones) I wait for green on these, hitting new high of day list,look at their volume and decide quickly whether to enter them or not.
These filters imo will be a great source for afterhours and premarket "news" stocks.If one high on the "runners" filter list is only up a few % before the open and I know it has run big in the past a few times this again will give me an edge I believe.
These filters I can study for the risk/reward potential and that is always my main goal along with an EDGE.
|
TheRumpledOne 6,411 posts msg #56129 - Ignore TheRumpledOne modified |
10/29/2007 12:32:48 AM
" I run the 8% up and 8% down filter every night,the high dayranger list every weekend,"
|