TheRumpledOne
6,407 posts
msg #67465
- Ignore TheRumpledOne
modified |
9/18/2008 8:37:35 PM
I can't ban you from my thread.
I simply said, "IF YOU DON'T LIKE THE CONTENT, YOU DON'T HAVE TO READ IT!"
If think it's garbage, then why on earth did you return?
Of course, you don't think they can be wrong because you do NOT want to.
Why haven't I been banned on StockFetcher?
Because nothing I do is a threat to them or their cash flow!!
There are no add on vendors.
There are no click through ads.
There are no brokers sponsoring.
I add value to StockFetcher in the form of filters, teaching, systems, coding, assistance, etc...
Some traders are here because of me.
Some traders stay here because of me.
It's that simple!!
I hope that you NEVER sit on a jury unless you change your attitude.
You have to look at ALL OF THE EVIDENCE.
Someone may have committed crimes in the past but it DOES NOT MEAN they committed the crime they are being tried for.
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TheRumpledOne
6,407 posts
msg #67466
- Ignore TheRumpledOne |
9/18/2008 8:39:36 PM
StJoe
TRO,
So the "gap" is the differance between the close and the open?
If so, so you short if it opens above the previous close and if it opens below the previous close then go long?
Thanks
===========================================
Yes, the "gap" is the difference between the close and the open.
You go short if the price opens above the previous close AND moves at least $.10 towards the close.
You go long if the price opens below the previous close AND moves at least $.10 towards the close.
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TheRumpledOne
6,407 posts
msg #67470
- Ignore TheRumpledOne |
9/18/2008 8:56:58 PM
tymen1 tymen1 is offline
Banned
FX-Men Honorary Member
Join Date: Mar 2007
Location: Perth, Western Australia
Posts: 1,182
Default
I am very tired after the events of the last 24 hours.
I will try to start afresh tomorrow.
First on the agenda is the stock market where gold is rocketing up, then collating some documents for the Babypips staff, then its on to getting those improvements off the ground.
Reply With Quote
================================================
TYMEN IS NOW BANNED FROM BABYPIPS.
OBVIOUSLY, THEY SEE THE TRUTH!!
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thenakedsingularity
12 posts
msg #67476
- Ignore thenakedsingularity |
9/18/2008 10:14:02 PM
What is the difference between 0.1 and 0.2 zone? And does 0.1/0.2 works for all stocks or just APPL? How do you determine that for any given stock? Thanks.
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TheRumpledOne
6,407 posts
msg #67477
- Ignore TheRumpledOne
modified |
9/18/2008 10:24:21 PM
You can enter a long trade anywhere from open + $.10 to open + $.20.. after that you are chasing.
This works on the stocks that I call COWS - stocks that have the stats that say, if price moves $.10 chances are it will move $.50 or more.
IF YOU DON'T SEE IT, THEN DON'T TRADE IT.
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thenakedsingularity
12 posts
msg #67512
- Ignore thenakedsingularity |
9/19/2008 11:01:36 AM
uh, I see what you are doing there. very nice. basic pattern picking.
I understand now what you are doing with 0.1-0.2 band. my question is , take AAPL's action from yesterday, so you fade the gap, you wait for the buying zone (or trading zone), and you go short when it falls between 0.1 and 0.2 below opening price. That works well. But when do you recover, and when do you go long again? Do you re-establish that TZ again at some point during the day? (using yesterday's action as an example?)
Thanks TRO!
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SFMc01
358 posts
msg #67585
- Ignore SFMc01 |
9/22/2008 3:54:54 PM
TRO: You stated: 9/18/2008 10:24:21 PM
You can enter a long trade anywhere from open + $.10 to open + $.20.. after that you are chasing.
This works on the stocks that I call COWS - stocks that have the stats that say, if price moves $.10 chances are it will move $.50 or more"
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Respectfully, my questions are:
#1; "Chances Are": Do you establish any type of stop loss? ... either numerically or criteria or movement pattern?
#2; When do you get out with your profit? Do you take the $.50 and run, or again, is there some pattern or criteria that causes your exit?
Thank you. I appreciate your generous sharing of your experience. ... Steve
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tdavisfn
13 posts
msg #67594
- Ignore tdavisfn |
9/22/2008 5:39:08 PM
TRO > have you milked JRCC yet? It showed up on MTC filter list and given the price its cheap enough to buy more shares than the other high rollers.
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TheRumpledOne
6,407 posts
msg #67609
- Ignore TheRumpledOne |
9/23/2008 12:47:25 AM
thenakedsingularity
uh, I see what you are doing there. very nice. basic pattern picking.
I understand now what you are doing with 0.1-0.2 band. my question is , take AAPL's action from yesterday, so you fade the gap, you wait for the buying zone (or trading zone), and you go short when it falls between 0.1 and 0.2 below opening price. That works well. But when do you recover, and when do you go long again? Do you re-establish that TZ again at some point during the day? (using yesterday's action as an example?)
Thanks TRO!
==========================================================================
NO, the Buy Zone is the same everyday! The Buy Zone never changes. The lines are always plotted at OPEN +/- $.10 and $.20
Not sure what you mean by "recover".
This is SIMPLE.
Do NOT try to complicate it.
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TheRumpledOne
6,407 posts
msg #67610
- Ignore TheRumpledOne |
9/23/2008 12:50:08 AM
Respectfully, my questions are:
#1; "Chances Are": Do you establish any type of stop loss? ... either numerically or criteria or movement pattern?
#2; When do you get out with your profit? Do you take the $.50 and run, or again, is there some pattern or criteria that causes your exit?
Thank you. I appreciate your generous sharing of your experience. ... Steve
=======================================================================
1) If you can't see that the STOP LOSS is BUILT IN then DO NOT TRADE THIS. If you are LONG and price drops into the SHORT ZONE, it should be OBVIOUS to the reader what to do.
2) You take whatever profit you can whenever you can. You do NOT know what's going to happen next. You will leave money on the table. So what? It's like breaking and entering, the longer you take filling up your bag, the more likely you'll get busted. SMASH, GRAB and RUN!!
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