General Discussion · pump and dump chat rooms
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glider msg #78755 |
9/7/2009 3:39:32 PM
As far as I know it's illegal NOT to disclose any compensation received for promoting stocks. Here's what I found on their website for one stock:
AAAE: Pennyprofilers.com is a website wholly-owned by MEC Promotions, LLC. MEC Promotions, LLC has been compensated fifteen thousand dollars from a third party as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts. MEC Promotions, LLC, and/or its affiliated will hold, buy, and sell securities in the companies profiled. When compensated in shares, all readers should be aware that it is our policy to liquidate all shares immediately. We reserve the right to buy or sell the shares of any the companies mentioned in any materials we produce at any time. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies. We are not a registered investment advisor, and nothing on this website should be construed as a recommendation to buy or sell any securities.
It looks like they do make disclosures on the stocks they promote. Bottom line, people need to be aware of what they read on websites like this. This is not independent advice!
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General Discussion · Cool-Trade Automated System for IB TWS
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glider msg #49008 |
1/6/2007 10:17:58 PM
Does anyone know how to consolidate IB's stock purchases and sales on the statements? One purchase can be listed several times. These need to be manually totaled. IB say they can't do it.
Thanks
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Backtesting Support · ROI-positive, chart-negative
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glider msg #47850 |
11/6/2006 6:02:17 PM
In my opinion, very little attention should be given to ROI. I'm not sure what useful purpose it serves. The most important numbers you should be looking at are as follows:
Average Net Change: Personally, this number needs to be at least 2% taking into account trading costs and slippage.
Percent Win: At least over 50%.
I find if these two are good, the other numbers tend to fall into place.
The bottom graph, Estimated Equity works fine for me. It assumes $100,000 investment and divides it by the maximum open positions. The way to use this is to determine your average investment and divide 100,000 by it. You then enter this number in the maximum open positions field.
For example: You buy $2,000 of each stock. 100,000/2,000 = 50.
50 is your maximum open positions.
To figure out how much you would make on this filer, calculate:
Per Trade Amount X Average Net Change X Number of Stocks
Example: 2,000 X 2.75% X 160 = $8,800.
The ending amount listed on the graph should be a little higher beacause of compounding plus of course the initial $100,000.
Hope this helps to clarify things a bit.
glider
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General Discussion · Backtesting on other sites
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glider msg #47264 |
10/2/2006 11:27:33 AM
barl0w
Thanks for the advice. I am planning to do the 30 day trial. It's true 'easy' is a relative term, but I'm sure people have opinions when comparing to stockfetcher language. For me, stockfetcher seems relatively easy as a programing language.
glider
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General Discussion · Backtesting on other sites
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glider msg #47255 |
10/1/2006 2:39:26 PM
Does anyone know how easy or difficult it is to convert Stockfetcher filters to Ameribroker language?
glider
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General Discussion · Open price quotes for OTCBB stocks in real time
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glider msg #47231 |
9/29/2006 12:21:07 PM
Does anyone know where I can get open price quotes for OTCBB stocks in real time. I use Interactive Brokers but they don't provide that information.
Thanks
glider
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General Discussion · Sharpe Ratio
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glider msg #47049 |
9/19/2006 2:56:20 AM
Does anyone know how I would calculate the Sharpe Ratio of a filter? How does it differ from Reward/Risk and is it more accurate?
Thanks
Glider
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General Discussion · Using DMI, ADX and Parabolic Stop & Reverse
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glider msg #46900 |
9/13/2006 2:36:15 AM
packraider...1 rocket = all my $$$...on margin no less!
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Mike,
I took a look at your filter in backtesting.
On 5/10/06, ESCL, GEMS & XSNX were selected. The average loss for the three was approx. -20%. ESCL lost -41.69%. They weren't mentioned on your blog for that day. Did they not come up on your filter? Also, if your're using all your $$$ + margin, this kind of a loss could be catastrophic...
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General Discussion · Historical intraday prices
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glider msg #46512 |
8/21/2006 3:38:10 PM
Thanks for all your replies.
I've found exactly what I'm looking for. For those of you interested, go to www.businessweek.com. Lookup your stock. Go to Historical Quotes, enter the date & choose intraday. Very detailed results.
glider
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General Discussion · Historical intraday prices
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glider msg #46505 |
8/21/2006 12:50:28 AM
luc1grunt,
Thanks for the response but it's not what I'm looking for. The intraday pricing only goes back 10 days. After that, it's daily only. Prophet.net goes back 20 days. I need to go back about 6 months.
glider
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