four
5,087 posts
msg #120865
- Ignore four
modified |
6/25/2014 12:33:27 AM
four...what are you using?
JP,
-- Using StockFetcher.
- -
As you know from previous posts, over the years, I trade with some lack of statistics and trouble getting out of the trades. Also, if you see the stocks I post, they are usually dividend payers and not penny stocks. My way of "getting paid to wait". Of course, I limit my upside by trying to increase my win/loss ratio.
-logic-
Each time a stock pays a dividend I can reduce the break-even point (use a 3% dividend).
Approx. numbers::Invest $1000 and drops to $500 in 12 years = $500[50%] loss. Receive $30[dividends] * 12 years = $360. Loss is $140.
$140 is a14% loss that I would have set as a stop-loss.
I know, some stocks go to 0... some stocks reduce or stop dividends. But some keep steady and others raise dividends.
And I am always willing to take a small profit. "Invest long time frames and trade short time frames."
And yes the older I get the fewer 12 year ranges are possible!
Also, a stock that pays 3% and then add a few dollars in trading gains [1%] and you get a stock with a 4% "dividend".
-----
On another subject, I wish you offered a day trading course... Live phone support and tutoring.
--- Nicely Done --
VRTX($64.35)...setting up for a pop, will have overnight risk
******************************************************************
pop.....high today $105
|
klynn55
747 posts
msg #120871
- Ignore klynn55 |
6/25/2014 11:48:34 AM
VRTX was news related , Four. try the rsi(14) under 30 , 60 minute chart for intraday trading.
|
four
5,087 posts
msg #120872
- Ignore four |
6/25/2014 11:59:16 AM
klynn, Thank you
are you buying after the cross above
are you buying the first green candle
are you buying with a limit or a stop-limit of the candle high
In other words, what are the specifics of the entry?
how is the position closed out? stop-loss rules or gain rules?
|
klynn55
747 posts
msg #120878
- Ignore klynn55 |
6/26/2014 3:43:57 AM
four: at the cross below 30 from above, daytrade when green to red, at the cross of rsi(14) 30 from below, daytrade when red to green. it's the only way i can see, again when is a bottom a bottom , or top , top. 60 minute chart
if you look at JP's post for bottoms in the last few weeks, all stocks were below rsi(14) 30 , including VRTX . , from 6/16 to 6/19, 60 minute chart.
|
johnpaulca
12,036 posts
msg #120879
- Ignore johnpaulca |
6/26/2014 9:28:32 AM
Try playing with TSI helps with smoothing out some of the noise at the bottom.
|
johnpaulca
12,036 posts
msg #120880
- Ignore johnpaulca |
6/26/2014 9:30:01 AM
SPY....booya on 2-hr
|
johnpaulca
12,036 posts
msg #120881
- Ignore johnpaulca |
6/26/2014 9:53:52 AM
DDD....slowly squeezing out the shorts...some resistance ahead, with a solid base already in place we should see higher prices.
|
johnpaulca
12,036 posts
msg #120882
- Ignore johnpaulca |
6/26/2014 1:02:58 PM
CAG($29)...buyers are now taking up positions, now the hard part...when to enter? what is the broad doing? will you enter against the market and fight the trend or wait for them to align?
|
johnpaulca
12,036 posts
msg #120883
- Ignore johnpaulca |
6/26/2014 1:09:21 PM
DD($67.40)...3x bottom on 2-hr...anyone buy'n?? high probability play...just say'n
|
four
5,087 posts
msg #120887
- Ignore four |
6/26/2014 6:43:37 PM
6/19/2014 (posted in Intraday Alerts)
update still holding
long CAG @ $29
|