StockFetcher Forums · View by Author: (45 messages)  [ Display By: Date / Subject ]<< 1 2 3 4 5 >> 
Filter Exchange · bollinger bands
no4j
msg #26347
5/1/2003 6:28:53 PM

You got it exactly right, Wallman. I was trying to figure out how much to put into each trade so I would come close to exhausting my allotment but still have enough for the trade of the day. I saw something today that was interesting. I paper traded ROV on 4/28 (in @ 10.67). The low today went to 10.00. That was below the 5% stop. It closed @ 10.17. That's above the stop. From what you said B4 you would still be in the trade because you do not want to stop out intraday. Do I have that right? The only reservation I have about this is not having physical stops on these super-volatile stocks. This is great fun!!!


Filter Exchange · bollinger bands
no4j
msg #26339
5/1/2003 9:40:21 AM

Wallman, Thanks again. I have been using use sytem for 3 days and haven't sold any yet but they are all green! I'm taking a liking to it for sure. Discipline will be the name of the game. One more question.... What do you think is a typical holding time for this system. I'm asking because of money management. If I set a fixed amount for this system, it would help to get an idea of approx. how many positions I could be holding on average. My guess from what I can already see is about 8-10 days. That would equate to 8-10 positions so a good amount to invest in each stock would be about 10% of the allocated funds for this system. Am I close?


General Discussion · Tools Of The Trade
no4j
msg #26319
4/28/2003 8:40:32 PM

Ameritrade
Stockfetcher (Technicals)
IQChart
SmartMoney Screener (Fundamentals)


Filter Exchange · bollinger bands
no4j
msg #26317
4/28/2003 2:17:18 PM

Thanks for the info, Wallman. One more area of concern for me. Do you place your stops GTC or Day? I never can decide if the risk of keeping a stop in place overnight is worth the risk of gapping under it at the open. And if it does, is it best that I stopped out even if the price is well under the stop price. Or would it be best to look for a recovery after the gap?


Filter Exchange · bollinger bands
no4j
msg #26311
4/27/2003 9:17:36 AM

Thanks, Wallman!!!!! I was just doing some historical scans and it occurs to me that when the index 200 day moving average is down-trending, would this scan not work well in reverse for selling short? Needs more study but it seems the returns would be better in a down-trending market. This may be obvious but I'd like to hear if anyone has tried it. Also, Wallman, do you take a lot of short term (1 or 2 days) gains and get out?


StockFetcher Forums ·  · << 1 2 3 4 5 >>

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2018 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.