TheRumpledOne 6,411 posts msg #57786 - Ignore TheRumpledOne modified |
12/8/2007 6:08:26 PM
This is the version for the GREEN ON THE SCREEN chatroom traders to use.
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TheRumpledOne 6,411 posts msg #57788 - Ignore TheRumpledOne modified |
12/8/2007 6:53:28 PM
"13th_floor
The first RFR scan posted on this thread,the basic one I call it, with average volume(10) above 250,000 and PRICE CHANGED TO BETWEEN 15 AND 50 has been giving very impressive results since I've been tracking it daily the last few weeks.
Yestedays scan of the top 20 :
JRJC LULU ABK YGE CHNR ELON SSRX MTH EFUT CSIQ ASTI TBSI IOC PWRD WX SOLF MTG KBW GSOL MBI
18 ups/2 slight 1% downs
1 week results with a date offset of 5 for the top 20 matches show 16 ups/4 downs (3 very slight) with 9 of those 16 ups in double digits including big gains YGE 20% PWRD 30% SOLF 58% CSIQ 37%"
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13th_Floor:
You're just going to confuse people if you show them that this works for someone other than me.
Posting FACTS is just a DISTRACTION and could be considered ARBITRARY.
You should be spending all of your time and energy showing other people WHY THIS CAN'T WORK!
What are you trying to do, 13th, help someone make money? What's wrong with you?!?!?
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dbyrt 70 posts msg #57789 - Ignore dbyrt |
12/8/2007 7:08:49 PM
"1 week results with a date offset of 5 for the top 20 matches show 16 ups/4 downs (3 very slight) with 9 of those 16 ups in double digits including big gains YGE 20% PWRD 30% SOLF 58% CSIQ 37%"
Perhaps it should be pointed out, that looking at the 5 day, date-offset return on this scan, is not what it is trying to identify.
Its not looking for stocks that are climbing, day-over-day for 5 days or so. It measures how much intraday change there is, not interday. Any movement up over five days is a welcome benefit if you hold a stock, but actually not helpful for the day trader.........because you can`t compound your gains, you can still only buy the same number of shares the next day, and the next day etc if the price continues to rise. However, if a stock returns to its open (or near enough), you can compound the 1% or better return you made the next day, and buy more. Theoretically of course.
So, a flat stock over time, that has a movement 1% up or better each day would actually be better.
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13th_floor 724 posts msg #57797 - Ignore 13th_floor |
12/8/2007 10:35:02 PM
This is what I posted earlier on the LDK thread in general discussion:
"If a stock like SOLF gains 60% over the last 5 days,I'm very satisfied to take a total of say 30% trading it over the last 5 days on the days it does go green with increased volume and or volume spikes..
I simply in most cases do not like to hold overnight."
My point of posting the 5 days gains is that in my case I can get alot more/larger gains out of ones that have higher 5 day gains than ones that are flattish in almost all cases
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TheRumpledOne 6,411 posts msg #57799 - Ignore TheRumpledOne modified |
12/8/2007 11:01:52 PM
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TheRumpledOne 6,411 posts msg #57821 - Ignore TheRumpledOne modified |
12/9/2007 10:32:16 AM
Since the GREEN ON THE SCREEN focus on the over 10% column, I removed the other colums.
I added the Days column to show how many days have elapsed since the last time the stock ran over 10%. This may indicate when a stock is due to run.
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TheRumpledOne 6,411 posts msg #57877 - Ignore TheRumpledOne |
12/10/2007 10:42:12 AM
See what you can do with STATISTICS!
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TheRumpledOne 6,411 posts msg #57884 - Ignore TheRumpledOne |
12/10/2007 1:11:06 PM
It's not what you trade...
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TheRumpledOne 6,411 posts msg #57888 - Ignore TheRumpledOne |
12/10/2007 1:53:15 PM
Look at the columns and see how the stats gave you the chance to ride these winners.
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TheRumpledOne 6,411 posts msg #57895 - Ignore TheRumpledOne |
12/10/2007 4:01:23 PM
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