StockFetcher Forums · Filter Exchange · I am always a day late to the party<< 1 2 >>Post Follow-up
Eman93
4,659 posts
msg #75260
Ignore Eman93
modified
6/10/2009 9:03:43 PM

Some times the party is still rockin...............

Fetcher[
/*Emans a day late to the party volume*/
close above 1
close is more than 5% above close 1 DAY AGO
close > open
volume > 200000

volume is more than 500% above volume 1 day ago
set{HC, high - close}
set{hcd, HC / close}
set{HC%, hcd * 100}
add column HC%
add column ind
add column high
sort column 3 descending
]



miketranz
715 posts
msg #75264
Ignore miketranz
6/10/2009 10:40:17 PM

Eman,the party just started.This filter is your invitation.Buy the close,sell the open.These make good gap plays.If your not into that,buy +.10 above the open,place a stop right under the open,and let the party begin....

Eman93
4,659 posts
msg #75305
Ignore Eman93
modified
6/11/2009 4:43:04 PM

Mike do you trade this set up much, I tried it today but mixed in some from Wed.... I won one lost 4 broke even on 2. lost money....



levamit
101 posts
msg #75307
Ignore levamit
modified
6/11/2009 4:54:26 PM

Eman,

I like to share my filter with clickable option how can i do it ?

sorry, i understood how this work .
Amit



miketranz
715 posts
msg #75311
Ignore miketranz
6/11/2009 5:55:23 PM

Eman,it's the only set up I trade.Yes the results will be mixed,yes you will sometimes loss money.The key is to win more on your winning trades than you do on the losers.Its all about being able to scratch a trade even,if it does not gap.If you let one of these go against you,below your entry,you could get hurt.That's where everyone is hitting the exits at the same time.There's alot of discipline involved.You have to remain focused and be able to pull the trigger.I noticed the best set ups come from very hi vol,long range days,breaking out to new 60-90 days highs.If you could refine your filter,you may get a higher % of winners this way.We are looking for follow through.Also,you should also see what sectors in general,seem to follow through the next day,after a volume spike. Let me know what you come up with.Stay focused,you can make money trading this style.Mike.....

tomm1111
198 posts
msg #75316
Ignore tomm1111
6/11/2009 8:10:14 PM

miketranz,

How many minutes prior EOD do typically run the filter?

Tom

miketranz
715 posts
msg #75320
Ignore miketranz
6/11/2009 10:23:32 PM

Tom,I'm watching the market most of the day,to see where the action is.I make my final decision the last 15 min before the close.I actually enter a position 2 min before the close,just in case the stock sells off,then I won't trade it.As soon as the market opens,I'm gone in the first 2 min.I find through experience,more times than not that if a stock gaps up,take the money.Hope that helps.Mike....

Eman93
4,659 posts
msg #75324
Ignore Eman93
6/11/2009 10:46:26 PM

6/11/2009 4:54:26 PM

Eman,

I like to share my filter with clickable option how can i do it ?

sorry, i understood how this work .
Amit

=================================================


Just type the command fetcher and use brackets around the filter [ ]

tomm1111
198 posts
msg #75329
Ignore tomm1111
6/12/2009 12:25:01 AM

Mike,

That helps a lot. Thanks for that.

Eman, Nice work.

Tom

miketranz
715 posts
msg #75369
Ignore miketranz
6/12/2009 4:42:11 PM

Tom,here's my trades today to give you an example.1)5000 shares MNI @.70 sold .71; 1000 shares S @5.07 sold 5.07; 5000 shares ACAS @3.32 sold 3.55 The first couple of trades were scratched even.But look at the last one.Do the math,that's the one that counts.They were all sold right off the open.If I waited or hesitated,the numbers would not have looked this good.You become a better trader when you're able to scratch a trade even and not get stuck in dead money.....

StockFetcher Forums · Filter Exchange · I am always a day late to the party<< 1 2 >>Post Follow-up

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