| StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!! | << 1 ... 1 2 3 4 5 ... 105 >>Post Follow-up |
| chetron 2,817 posts msg #67331 - Ignore chetron |
9/16/2008 2:30:25 PM TRO, HAVE YOU EVER TRIED TO WRAP THE BUYZONE AROUND THE OPEN ON A 1 OR 5 MINUTE CANDLE? |
| TheRumpledOne 6,529 posts msg #67332 - Ignore TheRumpledOne |
9/16/2008 3:08:49 PM I have no idea what you are asking. Please rephrase. |
| chetron 2,817 posts msg #67333 - Ignore chetron modified |
9/16/2008 3:24:20 PM HAVE YOU EVER TRIED TO GO LONG, USING A ONE MINUTE CANDLE' S OPEN + 0.10. SCALPING. |
| TheRumpledOne 6,529 posts msg #67335 - Ignore TheRumpledOne modified |
9/16/2008 6:08:41 PM NO. I don't have the statistics for that. Don't see the need. All I need is THE BUY ZONE to MILK THE COWS. This is something that is LOST on most (new) traders.... YOU ONLY NEED ONE METHOD YOU ONLY NEED ONE STOCK. This makes trading SIMPLE. Much easier to MASTER the SIMPLE than the complex. |
| guru_trader 485 posts msg #67339 - Ignore guru_trader modified |
9/16/2008 10:15:16 PMThis comment got me thinking. Many websites of long-running, well-marketed, auto-traded services have a "Performance" page dedicated to showing off "actual trades and gains" over the last few days, months, years. I've often wondered about the accuracy of those numbers. Then, over the weekend, I read an article that reminded me that since their buy/sell recommendations can partially influence the direction of the trades that day, they can simply ride the waves in. As more people join their auto-trade service, more capital will move in the direction of their suggestions. The more people who join their service, the better the service works, for them. Unless they suggest otherwise, all they have to do is buy before their recommendation-to-buy and sell before their recommendation-to-sell. The end result is that their performance numbers may actually be legitimate. I know about "pump-n-dumps", but I never really thought about it in regard to the auto-traded services. |
| BuylateSellearly 29 posts msg #67341 - Ignore BuylateSellearly modified |
9/16/2008 11:26:07 PM Hi Avery, What tradestation study are you using to plot the 'mid' and 'previous close' on the chart? Never mind I found it.... |
| TheRumpledOne 6,529 posts msg #67358 - Ignore TheRumpledOne modified |
9/17/2008 9:33:16 AM
3 minutes after the open. See how FADING THE GAP works? |
| TheRumpledOne 6,529 posts msg #67359 - Ignore TheRumpledOne |
9/17/2008 9:39:20 AM
NO TRADE BECAUSE WE ARE FADING THE GAP. However a straight BUY ZONE trade is ALWAYS PROFITABLE. |
| TheRumpledOne 6,529 posts msg #67360 - Ignore TheRumpledOne modified |
9/17/2008 9:47:08 AM
GAP IS FILLED 16 MINUTES AFTER THE OPEN. MY WORK IS DONE. |
| TheRumpledOne 6,529 posts msg #67362 - Ignore TheRumpledOne |
9/17/2008 10:55:15 AM
Once gap is filled, you can trade the BUY ZONE in either direction. Don't you just love alerts? |
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