sohailmithani 192 posts msg #100694 - Ignore sohailmithani modified |
5/11/2011 1:40:35 PM
I will read it again but the thread was also a little confusing so thought to ask the guru himself.
I used the following filter to generate the Cows:
/* TRO MTC CHECKER */
set{ hiop, high - open }
set{ up10, count( hiop > 0.09, 100 ) }
set{ up50, count( hiop > 0.49, 100 ) }
set{ pct1, up50 / up10 }
set{winpct, 100 * pct1 }
add column up10
add column up50
add column winpct
up50 above 79
average volume(90) above 1000000
sort column 7 descending
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TheRumpledOne 6,529 posts msg #100697 - Ignore TheRumpledOne modified |
5/12/2011 10:54:08 AM
I change the volume selection criteria to my latest scan. Rather than looking at the average volume, I look at the minimum volume over the last 100 days. I noticed that a couple of volume spikes can really distort the average.
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sohailmithani 192 posts msg #100699 - Ignore sohailmithani |
5/12/2011 1:38:03 PM
Thanks TRO.
What has been your daily success rate with this approach. Any challenges in getting filled. Which platform do u use? I ask so many things because I am keen in using your method with real money soon.
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TheRumpledOne 6,529 posts msg #100711 - Ignore TheRumpledOne modified |
5/13/2011 9:03:48 AM
The best platform to use, IMHO, for this method is TradeStation. Use the Matrix.
Either you make this work for YOU or you don't. That's why I don't answer the other questions.
You must focus on YOUR TRADE, YOUR METHOD, YOUR PORFOLIO - IT'S ALL ABOUT YOU!
Remember:
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!!
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mjg300 8 posts msg #101666 - Ignore mjg300 |
7/15/2011 7:19:03 PM
Cow still rockin'...even on crazy LNKD.
Fade the gap (if you can find shares to short)...maybe a lunchtime purchase...maybe some whipsaws around coffee break time...and then the joy of watching it move at 3pm.
Nice.
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TheRumpledOne 6,529 posts msg #101723 - Ignore TheRumpledOne |
7/20/2011 2:46:28 AM
Yes, The Buy Zone still works each and every day.
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mdaprasad 6 posts msg #101775 - Ignore mdaprasad |
7/22/2011 5:48:09 PM
TRO,
Your methods looks interesting and promising but I would like to apply these methods for OPTIONS
do you have strategy build for options?
Prasad
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RocketFetcher 59 posts msg #101776 - Ignore RocketFetcher |
7/22/2011 7:10:17 PM
Hi Rumpled!
What is a recent example of a trade you've had off the filter result? ie maybe PCLN GOOG AAPL?
TIA, will be spending time over weekend studying
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TheRumpledOne 6,529 posts msg #101780 - Ignore TheRumpledOne |
7/23/2011 7:31:31 AM
The strategy for options would be to buy CALLS at demand levels and buy PUTS at supply levels.
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TheRumpledOne 6,529 posts msg #101781 - Ignore TheRumpledOne |
7/23/2011 7:33:17 AM
Not sure about the "filter result" question.
I traded RIMM each day this week at/near market open using the BUY ZONE and FADE THE GAP.
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