| StockFetcher Forums · View by Author: (53 messages) [ Display By: Date / Subject ] | << 1 ... 2 3 4 5 6 >> |
 | |
| Filter Exchange · Winning Strategy | |
| Nickster8074 msg #105588 |
3/21/2012 7:27:55 PM I'm trading it live and I've been very happy with my returns. As levamit stated, you can't time the market and you must trade this system like a machine. I find tombrown's exit strategy of 7 days or RSI(2) > 55 to be most profitable in backtesting. People may be a little anxious only holding 3 stocks, as Tom suggests to do, because just a few pennies in the down direction makes a dramatic impact on your bottom line. You may increase your positions to 5 to help insulate downside risk, but your returns may suffer compared to 3 stock holding. Also, I'd discourage a stop loss on this strategy. Most recently, a stop loss would have killed my return on AMPE. I bought in on 3/14 and immediately got 2 consecutive days of 5% losses. On the 3rd day, the stock spiked 42% and was as high as 60% intraday. These are the kind of stocks you find with this system, you've just got to have the stomach for the bumps in the road. |
| Filter Exchange · Winning Strategy | |
| Nickster8074 msg #105543 |
3/19/2012 8:51:44 PM Tom, how are you sorting the above resulting stocks, by volume descending or IMI(4) ascending? |
| Filter Exchange · HOW TO DESIGN A SYSTEM (NOT JUST A FILTER) | |
| Nickster8074 msg #105164 |
2/27/2012 11:17:58 PM Just shooting from the hip here Kevin but have you considered using this system in tandem with your XLI/XLU timing filter. Perhaps this could limit the large drawdowns that appeared earlier in this thread. BTW, I love the work you've done on these forums, I've learned a lot. Thank you, Nick. |
| StockFetcher Forums · · | << 1 ... 2 3 4 5 6 >> |