EWZuber
1,373 posts
msg #28395
- Ignore EWZuber |
9/7/2003 5:25:20 PM
TheRumpledOne
I think it's important to realize that not everyone is comfortable with the same system. I have tested some of the filters using RSI(2) that you have posted and they bring up falling knives that I'm not interested in at all. It's great that you have been able to make money with it but I think it is unnecessarily presumptious to assert that it is the best system or that is is right for everyone ( as in the water analogy ). The filters that I have seen you post do not address breakouts for instance, which historically have outperformed oversold stocks that must contend with considerable overhead supply. Disgruntled investors that bought at higher prices will be eager to sell when they approach break even. You don't get that with breakouts as no one holds the stock at a higher price.
There are probably thousands of systems and filters already in operation and there are untold thousands more combinations waiting to be discovered. There's nothing wrong with searching and you shouldn't feel disregarded over it.
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TheRumpledOne
6,407 posts
msg #28398
- Ignore TheRumpledOne |
9/7/2003 9:05:50 PM
EWZuber:
I agree. No ONE system works for everybody. My point was that if you learn something thoroughly BEFORE you start to change it, your results will usually be much better. And if RSI(2) doesn't pick the type of stocks you like to trade, I am not twisting your arm. The HolyGrail and I just thought we would PAY IT FORWARD and share what we had with the people here. I have received many thank you emails so I know a few people are happy trading from the filter.
Txtrapper:
Look at a few intraday charts and you will find that 10:30 is really a magic reversal time. Also if you daytrade, you will notice a 9:40 reversal and the 10:00 reversal. And after the big boys come back from lunch, 2:30, 3:00, 3:30 and 3:45 are key reversal times too. But, 10:30 is a scalper's dream!
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makeroftrades
29 posts
msg #28409
- Ignore makeroftrades |
9/8/2003 7:18:48 PM
CLOSE IS BETWEEN .4 AND 4 · remove · edit
not to appear stuipid , but wgat does it mean at the end ,,,,
close is between .4 and 4
thanks
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EWZuber
1,373 posts
msg #28416
- Ignore EWZuber |
9/8/2003 11:00:52 PM
It means the closing price is between 40C and $4.
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makeroftrades
29 posts
msg #28432
- Ignore makeroftrades |
9/9/2003 4:41:41 PM
thanks you ,
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makeroftrades
29 posts
msg #28435
- Ignore makeroftrades |
9/9/2003 6:03:54 PM
SHOW STOCKS WHERE SLOW STOCHASTICS(5,3)FAST %K CROSSED ABOVE SLOW STOCHASTIC(5,3) SLOW %D WITHIN THE PAST 1 DAYS AND WEEKLY SLOW STOCHASTICS(5,3)%K IS INCREASING AND AVERAGE VOLUME(90) IS ABOVE 600000 AND CLOSE IS BETWEEN .20 AND 5.00
I CHANGED THE CLOSE THIS IS FROM SOMEBODYS ON HERE WROSK WELL , NAY IDEAS FOR ANY CHANGES ,,,SO FAR SO GOOD ....THANKS
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